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Eastern Bank

Boston, MA · Cert 32773 · Eastern Bankshares Inc.

State charter, non-member · FDIC · 129 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks over $10B in assets3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks over $10B in assets (n=142 to 144). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

39

Q2 2024Q2 2026peer median (50)

Asset Quality

64

Q2 2024Q2 2026peer median (50)

Profitability

37

Q2 2024Q2 2026peer median (50)

Liquidity

70

Q2 2024Q2 2026peer median

Efficiency

28

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Eastern Bank

Boston, MA · Cert 32773 · Eastern Bankshares Inc.

State charter, non-member · FDIC · 129 branches

Q2 2026

$31.1BAssets
$23.3BLoans
$26.1BDeposits
$4.0BEquity
Loan mix
84%RE $17.2B15%C&I $3.1B1%Consumer $0.2BQ3 2024Q2 2026
Deposit mix
74%Interest-bearing $19.4B26%Noninterest $6.8BQ3 2024Q2 2026

Market Position · Boston-Cambridge-Newton, MA-NH · 2026 SOD (annual) · 4.1% share · #5 of 100 inst. · $23.9B of $580.3B

2.5% Suffolk
5.9% Middlesex
11.3% Essex
17.9% Plymouth

Executive Summary

  • Earnings: ROA of 1.13%, up 201 bps year over year; NIM at 3.33%.
  • Asset quality: problem loans at 0.47% of loans (+17 bps YoY), with net charge-offs at 0.17%.
  • Capital: tier 1 leverage ratio of 10.15%, down 135 bps from a year ago.
  • Funding: loans stand at 89.21% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.13%+201 bps YoY

Net Interest Margin (YTD, annualized)

3.33%+12 bps YoY

Efficiency Ratio (YTD, annualized)

56.83%+365 bps YoY

Tier 1 Leverage Ratio

10.15%-135 bps YoY

NIM

3.72%Q2 ’244.29%Q2 ’254.43%Q2 ’26+33%+4%

Non-interest income vs. expense

1.94%Q2 ’242.09%Q2 ’252.34%Q2 ’26+8%+14%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.40%0.53%-3.39%-0.88%-0.03%0.39%0.87%1.13%+201 bps
Return on Equity2.96%3.94%-25.12%-6.45%-0.20%2.88%6.46%8.52%+1,498 bps
Net Interest Margin2.32%2.40%3.08%3.21%3.19%2.95%3.31%3.33%+12 bps
Efficiency Ratio68.30%65.95%54.71%53.18%53.69%54.83%64.50%56.83%+365 bps
Non-Interest Burden1.39%1.40%1.50%1.47%1.47%1.40%1.99%1.67%+20 bps
Growth
Asset Growth (YoY)20.67%20.99%18.07%21.04%-0.18%19.68%22.55%22.30%+126 bps
Loan Growth (YoY)27.54%27.45%27.50%29.79%4.55%29.97%28.04%27.35%-244 bps
Deposit Growth (YoY)21.81%21.26%17.72%20.80%0.11%19.35%20.70%22.39%+159 bps
Asset Quality
Nonperforming Loans / Loans0.70%0.76%0.55%0.30%0.37%0.75%0.60%0.47%+17 bps
Net Charge-Offs / Loans0.09%0.24%0.25%0.12%0.12%0.12%0.17%0.17%+5 bps
Allowance / Loans1.43%1.29%1.25%1.27%1.26%1.44%1.43%1.39%+13 bps
Allowance Coverage of NPLs2.0x1.7x2.3x4.2x3.4x1.9x2.4x3.0x-1.3x
Capital
Tier 1 Leverage Ratio11.85%11.68%10.99%11.50%11.19%10.93%10.25%10.15%-135 bps
Total Risk-Based Capital15.62%15.82%14.34%14.79%14.49%13.53%13.28%13.07%-172 bps
Equity / Assets13.64%13.38%13.65%13.90%13.86%13.55%13.29%13.00%-90 bps
Liquidity & Funding
Loans / Deposits83.13%82.67%85.47%85.74%86.81%90.03%90.67%89.21%+347 bps
Liquid Assets / Assets4.78%5.22%2.73%3.51%3.17%2.58%3.05%2.71%-80 bps
CRE / Total Capitaln/an/an/an/a285%327%329%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Eastern Bank

Boston, MA · Cert 32773 · Peer group: banks over $10B in assets (n=142-144) · Eastern Bankshares Inc.

State charter, non-member · FDIC · 129 branches

Q2 2026

$31.1BAssets
$23.3BLoans
$26.1BDeposits
$4.0BEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 77% of banks over $10B in assets (rank 33 of 142).
  • Widest gap: total risk-based capital ratio trails 84% of banks over $10B in assets (rank 121 of 144).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

1.12%

Rank 93 of 144

Net Interest Margin

3.33%

Rank 68 of 144

Efficiency Ratio

60.70%

Rank 104 of 144

Equity / Assets

13.00%

Rank 35 of 144

Non-interest income vs. expense

$209.7M$730.5MINCOMEEXPENSE
Unfavorable gap of $520.7M · efficiency ratio beats 28% of banks over $10B in assets
Bank 60.70%Peer median 56.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.12%1.00%1.26%1.54%Beats 35%93 / 144
Return on Equity8.60%8.98%11.34%14.40%Beats 22%112 / 144
Net Interest Margin3.33%2.82%3.31%3.68%Beats 53%68 / 144
Efficiency Ratio60.70%49.42%56.02%62.41%Beats 28%104 / 144
Asset Quality
Nonperforming Loans / Loans0.47%0.48%0.73%1.07%Beats 77%33 / 142
Net Charge-Offs / Loans0.11%0.05%0.11%0.22%Beats 51%71 / 142
Capital
Tier 1 Capital Ratio12.07%12.07%12.98%14.92%Beats 25%108 / 144
Total Risk-Based Capital Ratio13.07%13.39%14.14%16.25%Beats 16%121 / 144
Equity / Assets13.00%9.69%11.39%12.96%Beats 76%35 / 144
Liquidity & Funding
Loans / Deposits89.21%75.72%84.92%91.56%66th pctl49 / 143
Loans / Assets74.93%59.83%69.07%74.80%76th pctl35 / 144
Brokered Deposits / Depositsn/aNot reported for this institution