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Eastern Bankshares (EBC) Q2 2025 Earnings Transcript


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Eastern Bankshares (NASDAQ:EBC) delivered robust sequential and year-over-year gains in profitability, margin, and asset quality, supported by strong commercial loan growth and effective expense management. Management increased full-year 2025 loan growth and operating fee income outlooks, while lowering cost and provision forecasts, reflecting outperformance and confidence in core business trends. Strategic clarity on deposit funding, ongoing discipline in capital management, and preparations for the Harbor One merger were emphasized, including specific plans for branch consolidation and integration. Leadership presented evidence of credit risk moderation, notably in commercial office portfolios, while maintaining conservative reserve levels and rigorous monitoring protocols.

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Source Fool.com

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