Filing Flows › Eastern Bankshares (EBC) › Q3 2025
Eastern Bankshares (EBC) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Eastern Bankshares (EBC) reported revenue of $242M for the third quarter 2025 (Q3 2025), +19% from a year earlier and -1% from the quarter before. Operating margin was 38.9%, net earnings $106M (44.0% of revenue).
Eastern Bankshares, Q3 2025: revenue $242M (+19% year over year), operating margin 38.9%, net earnings $106M, operating cash flow $157M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $242M | -1% | +19% |
| Operating profit | $94.0M | -6% | — |
| Net earnings | $106M | +6% | — |
| Operating cash flow | $157M | +27% | +45% |
| Free cash flow | $148M | +24% | +39% |
What changed
Revenue was $241.5M in Q3 2025, up 19% year over year and down 1% from the previous quarter.
Operating profit was $94.0M, a 38.9% margin (up 40.6 points year over year). Total costs fell 29% while revenue rose 19%. Net earnings were $106.1M. The effective tax rate was -13.0%.
Operating cash flow was $157.1M (up 45% year over year), 148% of net earnings. Non-cash charges added back $10.8M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items added $36.2M. Capital expenditures of $8.8M left free cash flow of $148.4M.
Questions
What was Eastern Bankshares' revenue in the third quarter 2025?
Eastern Bankshares (EBC) reported revenue of $242M for the third quarter 2025 (Q3 2025), +19% from a year earlier and -1% from the quarter before.
Was Eastern Bankshares profitable in the third quarter 2025?
Operating profit was $94.0M (38.9% of revenue) and net earnings $106M.
Source: Eastern Bankshares 10-Q on SEC EDGAR.