Filing Flows › Eastern Bankshares (EBC) › Q3 2026
Eastern Bankshares (EBC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Eastern Bankshares (EBC) reported revenue of $307M for the third quarter 2026 (Q3 2026), +27% from a year earlier and -1% from the quarter before. Operating margin was 45.7%, net earnings $111M (36.2% of revenue).
Eastern Bankshares, Q3 2026: revenue $307M (+27% year over year), operating margin 45.7%, net earnings $111M, operating cash flow $183M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $307M | -1% | +27% |
| Operating profit | $140M | +4% | +49% |
| Net earnings | $111M | +6% | +5% |
| Operating cash flow | $183M | +19% | +17% |
| Free cash flow | $178M | +19% | +20% |
What changed
Revenue was $306.6M in Q3 2026, up 27% year over year and down 1% from the previous quarter.
Operating profit was $140.1M, a 45.7% margin (up 6.8 points year over year). Of the extra revenue versus Q3 2025, 71% reached operating profit, above the 39% margin then. Total costs grew 13% against revenue growth of 27%. The fastest-growing cost line was Noninterest expense (+14%). Net earnings were $111.0M, up 5% year over year. The effective tax rate was 20.8%.
Operating cash flow was $183.4M (up 17% year over year), 165% of net earnings. Non-cash charges added back $15.1M of depreciation and amortization and $4.2M of share-based compensation. Working capital and other items added $53.0M. Capital expenditures of $5.0M left free cash flow of $178.5M.
Questions
What was Eastern Bankshares' revenue in the third quarter 2026?
Eastern Bankshares (EBC) reported revenue of $307M for the third quarter 2026 (Q3 2026), +27% from a year earlier and -1% from the quarter before.
Was Eastern Bankshares profitable in the third quarter 2026?
Operating profit was $140M (45.7% of revenue) and net earnings $111M.
Source: Eastern Bankshares 10-Q on SEC EDGAR.