Eastern Bankshares Inc 2025年季度报告

(Mark one) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the quarterly period endedSeptember30, 2025Or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 Commission File Number001-39610___________________________ Eastern Bankshares, Inc. (Exact name of the registrant as specified in its charter)___________________________ (800)327-8376(Registrant’s telephone number, including area code) Name of exchange on which registeredNasdaq Global Select Market Indicate by check mark whether the Registrant (1)has filed all reports required to be filed by Section13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months and (2)has been subject to such filing requirements for the past 90days.☒Yes☐No Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, everyInteractive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during thepreceding 12 months (or for such shorter period that the registrant was required to submit and post such files).☒Yes☐No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smallerreporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2of the Exchange Act: Large accelerated filer☒Non-accelerated filer☐ (Do not check if a smaller reporting company) If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐Yes☐No Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the ExchangeAct).☐Yes☒No 210,797,930shares of the Registrant’s common stock, par value $0.01 per share, were outstanding as of October31, 2025. Index PART I.FINANCIAL INFORMATIONItem1.Financial StatementsUnaudited Consolidated Balance Sheets4Unaudited Consolidated Statements of Income (Loss)5Unaudited Consolidated Statements of Comprehensive Income6Unaudited Consolidated Statements of Changes in Shareholders’ Equity7Unaudited Consolidated Statements of Cash Flows9Notes to Unaudited Consolidated Financial Statements11Item2.Management’s Discussion and Analysis of Financial Condition and Results of Operations57Item3.Quantitative and Qualitative Disclosures about Market Risk93Item4.Controls and Procedures93PARTII.OTHER INFORMATIONItem1.Legal Proceedings94Item1A.Risk Factors94Item2.Unregistered Sales of Equity Securities and Use of Proceeds94Item3.Defaults Upon Senior Securities94Item4.Mine Safety Disclosures94Item5.Other Information95Item6.Exhibits96EXHIBITINDEX96SIGNATURES97 Part I Financial Information Item I. Unaudited Consolidated Financial Statements Unaudited Consolidated Balance Sheets as ofSeptember30, 2025 and December 31, 20244Unaudited Consolidated Statements of Income (Loss) for the three andninemonths endedSeptember30, 2025 and 20245Unaudited Consolidated Statements of Comprehensive Incomefor the three andninemonths endedSeptember30, 2025and 20246Unaudited Consolidated Statements of Changes in Shareholders’ Equity for the three andninemonths endedSeptember30, 2025 and 20247Unaudited Consolidated Statements of Cash Flows for theninemonths endedSeptember30, 2025 and 20249Notes to the Unaudited Consolidated Financial Statements11 EASTERN BANKSHARES, INC.UNAUDITED CONSOLIDATED BALANCE SHEETS EASTERN BANKSHARES, INC.UNAUDITED CONSOLIDATED STATEMENTS OF INCOME (LOSS) EASTERN BANKSHARES, INC.UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME EASTERN BANKSHARES, INC.UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITYThree Months Ended September 30, 2025 and 2024 (1)The Company declared quarterly cash dividends of $0.13and $0.11per share of common stock during the three months ended September 30,2025 and 2024, respectively.(2)Represents restricted stock awards (“RSAs”) cancelled upon vesting for employee payroll tax withholding and upon forfeiture.(3)Represents shares issued, net of employee tax withheld, upon the vesting of restricted stock units. Refer toNote 9, “Employee Benefits”foradditional discussion.(4)The Company issued118,693restricted stock award shares with a fair value of $1.1million as part of the purchase consideration for themerger with Cambridge Bancorp (“Cambridge”).(5)Represents credit for service for former employees of Cambridge retained following the merger related to restricted share unit awardsconverted to Company restricted share units at the merger date of July 12, 2024. EASTERN BANKSHARES, INC.UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITYNine Months Ended September30, 2025 and 2024 (1)The Company declared cumulative cash dividends