Eastern Bankshares (EBC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

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Eastern Bankshares (EBC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2026, Eastern Bankshares, Inc. (EBC) reported revenue of $288.3 million, up 29.6% over the same period last year. EPS came in at $0.40, compared to $0.34 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $299.63 million, representing a surprise of -3.78%. The company delivered an EPS surprise of -8.68%, with the consensus EPS estimate being $0.44.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Eastern Bankshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency ratio (GAAP): 68.9% versus 55.8% estimated by five analysts on average. Net interest margin (FTE): 3.6% versus 3.6% estimated by five analysts on average. Average Balance - Total interest-earning assets: $28.01 billion compared to the $28.38 billion average estimate based on four analysts. Total non-performing assets: $137.7 million versus $180.92 million estimated by two analysts on average. Total Noninterest Income: $43.6 million versus the five-analyst average estimate of $47.92 million. Net Interest Income: $244.7 million compared to the $252.11 million average estimate based on five analysts. Interest rate swap income: $1 million versus the three-analyst average estimate of $1.41 million. Card Income: $5.8 million compared to the $5.77 million average estimate based on three analysts. Investment advisory fees: $18.3 million versus the three-analyst average estimate of $18 million. Service charges on deposit accounts: $9.9 million versus $10.65 million estimated by three analysts on average. Other non-operating (loss) income: $-1.5 million versus $6.99 million estimated by two analysts on average. Net Interest Income (FTE): $250.8 million versus the two-analyst average estimate of $255.16 million.

View all Key Company Metrics for Eastern Bankshares here>>>

Shares of Eastern Bankshares have returned +4.5% over the past month versus the Zacks S&P 500 composite's +9.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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Eastern Bankshares, Inc. (EBC): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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