CASEY JOSEPH F sold $227K of EBC (indirect holdings)

DA Davidson raised its price target on Eastern Bankshares (EBC) to $26, citing strong Q3 2026 results with lower expenses and favorable credit trends. Loans and core deposits grew, while non-performing assets and net charge-offs declined. EBC repurchased 2.6M shares and has a 30% return over the past year. The stock trades at a P/E ratio of 13.1 and is considered undervalued. Adjusted earnings per share were $0.51, beating estimates, though revenue was slightly below expectations.

Eastern Bankshares (EBC) reported Q3 2026 earnings with record operating net income of $111 million, up 4% from Q2 and 50% year-over-year. Deposits grew modestly, and wealth management assets increased due to net flows and market appreciation. Net interest margin declined slightly but remained within guidance. The company returned capital to shareholders through buybacks and dividends while maintaining strong asset quality and profitability metrics.

Eastern Bankshares reported Q3 revenue of $306.6M, up 1% from Q2. Net interest income rose 2%, while noninterest income fell 16%. Operating efficiency improved, with expenses down 5%. Net interest margin declined 4 basis points to 3.62%. Loans and deposits grew, and asset quality improved. The company returned $89.1M to shareholders through dividends and repurchases. Management expects stable margins and modest improvement in 2024.

Eastern Bankshares (NASDAQ:EBC) reported Q3 2026 earnings with record operating net income of $111.0M, up 4% sequentially and 50% YoY. Revenue reached $306.6M, with net interest income at $257.9M. ROTCE was 15.7%, and the stock traded at $22.29, up 0.81%. The bank highlighted improved asset quality and efficiency gains post-HarborOne merger.

Eastern Bankshares, Inc. (EBC) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Eastern Bankshares, Inc. Reports Third Quarter 2026 Financial Results Strong Performance Highlighted by Organic Growth and Capital Return • Net income and operating net income of $ 111.0 million, or $0.51 per diluted share. • Return on average assets of 1.41% and ret

Eastern Bankshares (EBC) reported Q3 EPS of $0.51, beating estimates by $0.02, but revenue of $306.6M missed expectations. The stock is down 3.53% over 3 months but up 20.42% year-over-year. The company has seen mixed EPS revisions and a 'great performance' financial health score, according to InvestingPro.