NasdaqGS:EBCBanks
The Bull Case For Eastern Bankshares (EBC) Could Change Following New Buyback And Trimmed 2026 Guidance
Earlier in July 2026, Eastern Bankshares reported second-quarter results showing higher net interest income and net income year on year, maintained its US$0.15 quarterly dividend, authorized a new share repurchase program of up to 11,350,000 shares through 2027, and slightly lowered full-year 2026 net interest income guidance to US$1.01–US$1.02 billion.
Alongside steady net charge-offs of US$9.8 million, or 0.17% of average loans, the combination of higher earnings, an ongoing buyback, and a...