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Eastern Bankshares, Inc. EBC Total Interest Expense
Total Interest Expense at other companies
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Where this comes from
Reported directly by Eastern Bankshares, Inc. in its filing.
Tagged under the XBRL concept us-gaap:InterestExpenseDeposits.
The source filing: Eastern Bankshares, Inc.’s 10-Q, filed August 7, 2026.
- Filed
- Aug 7, 2026, 10:54 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001628280-26-054656
| (In thousands, except per share data) | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Interest on federal funds sold and other short-term investments | 1,774 | 2,359 | 2,784 | 6,995 |
| Total interest and dividend income | 349,909 | 279,339 | 689,455 | 545,044 |
| Interest expense: | ||||
| Interest on deposits | 93,039 | 76,706 | 183,474 | 152,704 |
| Interest on borrowings | 4,938 | 603 | 9,393 | 1,411 |
| Total interest expense | 97,977 | 77,309 | 192,867 | 154,115 |
| Net interest income | 251,932 | 202,030 | 496,588 | 390,929 |
| Provision for allowance for loan losses | 6,755 | 7,600 | 12,511 | 14,200 |
Item 1. Financial Statements
FAQ
- What is Eastern Bankshares, Inc.'s total interest expense?
- Eastern Bankshares, Inc. (EBC) reported total interest expense of $93.04M in Q2 2026.
- How has Eastern Bankshares, Inc.'s total interest expense changed year-over-year?
- Eastern Bankshares, Inc.'s total interest expense increased by 21.3% year-over-year, from $76.71M to $93.04M.
- What is the long-term trend for Eastern Bankshares, Inc.'s total interest expense?
- Over 4 years (2021 to 2025), Eastern Bankshares, Inc.'s total interest expense has grown at a 183.2% compound annual growth rate (CAGR), from $5.17M to $332.4M.
- What does total interest expense mean?
- This is the aggregate cost incurred by the bank on all interest-bearing liabilities, including customer deposits and wholesale borrowings. It represents the primary cost of funding for the bank's lending activities. Managing this expense is critical for maintaining a competitive net interest margin.
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