Filing Flows › Eastern Bankshares (EBC) › Q2 2026
Eastern Bankshares (EBC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Eastern Bankshares (EBC) reported revenue of $310M for the second quarter 2026 (Q2 2026), +26% from a year earlier and +7% from the quarter before. Operating margin was 43.6%, net earnings $105M (34.0% of revenue).
Eastern Bankshares, Q2 2026: revenue $310M (+26% year over year), operating margin 43.6%, net earnings $105M, operating cash flow $155M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $310M | +7% | +26% |
| Operating profit | $135M | +61% | +34% |
| Net earnings | $105M | +61% | +5% |
| Operating cash flow | $155M | — | +25% |
| Free cash flow | $150M | — | +26% |
What changed
Revenue was $309.5M in Q2 2026, up 26% year over year and up 7% from the previous quarter.
Operating profit was $134.8M, a 43.6% margin (up 2.6 points year over year). Of the extra revenue versus Q2 2025, 53% reached operating profit, above the 41% margin then. Total costs grew 21% against revenue growth of 26%. The fastest-growing cost line was Noninterest expense (+23%). Net earnings were $105.2M, up 5% year over year. The effective tax rate was 22.0%.
Operating cash flow was $154.6M (up 25% year over year), 147% of net earnings. Non-cash charges added back $15.6M of depreciation and amortization and $4.4M of share-based compensation. Working capital and other items added $29.4M. Capital expenditures of $4.8M left free cash flow of $149.8M.
Questions
What was Eastern Bankshares' revenue in the second quarter 2026?
Eastern Bankshares (EBC) reported revenue of $310M for the second quarter 2026 (Q2 2026), +26% from a year earlier and +7% from the quarter before.
Was Eastern Bankshares profitable in the second quarter 2026?
Operating profit was $135M (43.6% of revenue) and net earnings $105M.
Source: Eastern Bankshares 10-Q on SEC EDGAR.