Eastern Bankshares, Inc. (EBC) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

welcome to the eastern bank shares inc first quarter 2026 earnings conference call currently all participant lines are in a listen-only mode following the prepared remarks there will be a question and answer session please note this event is being recorded for replay purposes in connection with today's call the company posted a presentation on its investor relations website investor.easternbank.com which will be referenced during the call today's call will include four looking statements The company cautions investors that any forward-looking statement involves risks and uncertainties and is not a guarantee of future performance. Actual results may differ materially from those expressed or implied due to a variety of factors. These factors are described in the company's earnings press release and most recent 10-K files with the SEC. Any forward-looking statement made represents management's views and estimates as of today and the company undertakes no obligation to update these statements because of new information or future events. The company will also discuss both GAAP and certain non-GAAP financial measures. For reconciliations, please refer to the company's earnings press release. I'd now like to turn the call over to Dennis Sheehan, Eastern Chief Executive Officer. Thank you, Rob. Good morning, and thank you for joining our call. With me today on the call are Bob Rivers, Executive Chair and Chair of the Board of Directors, Quincy Miller, our President and Chief Operating Officer, and David Rosado, our Chief Financial Officer. Our first quarter performance was solid and in line with our expectations, with results reflecting the impact of typical seasonal trends. Operating income increased 31% and operating earnings per share increased 18% from a year ago, and ge...