Eastern Bankshares Beat Consensus Estimates

Eastern Bankshares (EBC) reported earnings of $0.34 per share on revenue of $29.60 million for the first quarter ended March 2025. The consensus earnings estimate was $0.33 per share on revenue of $224.06 million. The company beat consensus estimates by 3.03% while revenue fell 87.15% compared to the same quarter a year ago.

Eastern Bankshares Inc. provides commercial banking products and services primarily to retail, commercial and small business customers. It provides banking, trust, and investment services, as well as insurance services, through its full-service bank branches and insurance offices. Eastern Bankshares Inc. is based in Boston, Massachusetts.