Filing Flows › Eastern Bankshares (EBC) › Q2 2025
Eastern Bankshares (EBC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Eastern Bankshares (EBC) reported revenue of $245M for the second quarter 2025 (Q2 2025), +59% from a year earlier and +687% from the quarter before. Operating margin was 41.0%, net earnings $100M (40.9% of revenue).
Eastern Bankshares, Q2 2025: revenue $245M (+59% year over year), operating margin 41.0%, net earnings $100M, operating cash flow $124M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $245M | +687% | +59% |
| Operating profit | $100M | — | +164% |
| Net earnings | $100M | — | +281% |
| Operating cash flow | $124M | +162% | +128% |
| Free cash flow | $119M | +162% | +137% |
What changed
Revenue was $244.9M in Q2 2025, up 59% year over year and up 687% from the previous quarter.
Operating profit was $100.3M, a 41.0% margin (up 16.3 points year over year). Of the extra revenue versus a year earlier, 69% reached operating profit, above the 25% margin then. Total costs grew 25% against revenue growth of 59%. The fastest-growing cost line was Noninterest expense (+25%). Net earnings were $100.2M, up 281% year over year. The effective tax rate was 0.1%.
Operating cash flow was $123.9M (up 128% year over year), 124% of net earnings. Non-cash charges added back $10.9M of depreciation and amortization and $4.2M of share-based compensation. Working capital and other items added $8.5M. Capital expenditures of $4.6M left free cash flow of $119.3M.
Questions
What was Eastern Bankshares' revenue in the second quarter 2025?
Eastern Bankshares (EBC) reported revenue of $245M for the second quarter 2025 (Q2 2025), +59% from a year earlier and +687% from the quarter before.
Was Eastern Bankshares profitable in the second quarter 2025?
Operating profit was $100M (41.0% of revenue) and net earnings $100M.
Source: Eastern Bankshares 10-Q on SEC EDGAR.