Eastern Bankshares posts Q2 2026 net income of $105.2 million, up 61.1% from Q1; diluted EPS rises to $0.48.
Net interest income climbs 3% from Q1 to $251.9 million; net interest margin widens 0.03 percentage point to 3.66%.
Noninterest income jumps 32.1% to $57.6 million, helped by $7 million retirement-benefit investment income; noninterest expense drops 15.4% to $167.9 million.
Loans increase 1.4% from Q1 to $23.71 billion; deposits grow 3.2% to $25.92 billion on seasonal municipal inflows.
Board authorizes a new buyback of up to 11,350,000 shares, or 5% of outstanding stock; Q2 repurchases total $72.7 million.
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