Filing Flows › Eastern Bankshares (EBC) › Q4 2025
Eastern Bankshares (EBC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 2, 2026
Eastern Bankshares (EBC) reported revenue of $283M for the fourth quarter 2025 (Q4 2025), +31% from a year earlier and +17% from the quarter before. Operating margin was 31.5%, net earnings $99.5M (35.1% of revenue).
Eastern Bankshares, Q4 2025: revenue $283M (+31% year over year), operating margin 31.5%, net earnings $99.5M, operating cash flow $104M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $283M | +17% | +31% |
| Operating profit | $89.2M | -5% | +24% |
| Net earnings | $99.5M | -6% | +64% |
| Operating cash flow | $104M | -34% | +17% |
| Free cash flow | $99.8M | -33% | +20% |
What changed
Revenue was $283.5M in Q4 2025, up 31% year over year and up 17% from the previous quarter.
Operating profit was $89.2M, a 31.5% margin (down 1.9 points year over year). Of the extra revenue versus a year earlier, 25% reached operating profit, below the 33% margin then. Total costs grew 35% against revenue growth of 31%. The fastest-growing cost line was Noninterest expense (+38%). Net earnings were $99.5M, up 64% year over year. The effective tax rate was -11.6%.
Operating cash flow was $104.1M (up 17% year over year), 105% of net earnings. Non-cash charges added back $14.7M of depreciation and amortization and $3.9M of share-based compensation. Working capital and other items used $14.1M. Capital expenditures of $4.3M left free cash flow of $99.8M.
Questions
What was Eastern Bankshares' revenue in the fourth quarter 2025?
Eastern Bankshares (EBC) reported revenue of $283M for the fourth quarter 2025 (Q4 2025), +31% from a year earlier and +17% from the quarter before.
Was Eastern Bankshares profitable in the fourth quarter 2025?
Operating profit was $89.2M (31.5% of revenue) and net earnings $99.5M.
Source: Eastern Bankshares 10-K on SEC EDGAR.