diff --git a/core/src/avm1.rs b/core/src/avm1.rs
index 253bf88a7..a3830ec29 100644
--- a/core/src/avm1.rs
+++ b/core/src/avm1.rs
@@ -368,6 +368,11 @@ impl<'gc> Avm1<'gc> {
         !self.stack_frames.is_empty()
     }
 
+    /// Remove the current stack frame.
+    pub fn pop_stack_frame(&mut self) {
+        self.stack_frames.pop();
+    }
+
     /// Get the currently executing SWF version.
     pub fn current_swf_version(&self) -> u8 {
         self.current_stack_frame()
@@ -1034,6 +1039,57 @@ impl<'gc> Avm1<'gc> {
         Ok(())
     }
 
+    pub fn resolve_text_field_variable_path<'s>(
+        &mut self,
+        context: &mut UpdateContext<'_, 'gc, '_>,
+        path: &'s str,
+    ) -> Result<Option<(Object<'gc>, &'s str)>, Error<'gc>> {
+        // Resolve a variable path for a GetVariable action.
+        let start = self.target_clip_or_root();
+
+        // Find the right-most : or . in the path.
+        // If we have one, we must resolve as a target path.
+        // We also check for a / to skip some unnecessary work later.
+        let mut has_slash = false;
+        let mut var_iter = path.as_bytes().rsplitn(2, |c| match c {
+            b':' | b'.' => true,
+            b'/' => {
+                has_slash = true;
+                false
+            }
+            _ => false,
+        });
+
+        let b = var_iter.next();
+        let a = var_iter.next();
+        if let (Some(path), Some(var_name)) = (a, b) {
+            // We have a . or :, so this is a path to an object plus a variable name.
+            // We resolve it directly on the targeted object.
+            let path = unsafe { std::str::from_utf8_unchecked(path) };
+            let var_name = unsafe { std::str::from_utf8_unchecked(var_name) };
+
+            let mut current_scope = Some(self.current_stack_frame().unwrap().read().scope_cell());
+            while let Some(scope) = current_scope {
+                if let Some(object) =
+                    self.resolve_target_path(context, start.root(), *scope.read().locals(), path)?
+                {
+                    return Ok(Some((object, var_name)));
+                }
+                current_scope = scope.read().parent_cell();
+            }
+
+            return Ok(None);
+        }
+
+        // Finally! It's a plain old variable name.
+        // Resolve using scope chain, as normal.
+        if let Value::Object(object) = start.object() {
+            Ok(Some((object, path)))
+        } else {
+            Ok(None)
+        }
+    }
+
     /// Resolve a level by ID.
     ///
     /// If the level does not exist, then it will be created and instantiated
diff --git a/core/src/display_object/edit_text.rs b/core/src/display_object/edit_text.rs
index 69244f2f6..fc8d09313 100644
--- a/core/src/display_object/edit_text.rs
+++ b/core/src/display_object/edit_text.rs
@@ -1,6 +1,6 @@
 //! `EditText` display object and support code.
 use crate::avm1::globals::text_field::attach_virtual_properties;
-use crate::avm1::{Avm1, Object, StageObject, Value};
+use crate::avm1::{Activation, Avm1, Object, StageObject, TObject, Value};
 use crate::context::{RenderContext, UpdateContext};
 use crate::display_object::{DisplayObjectBase, TDisplayObject};
 use crate::drawing::Drawing;
@@ -610,7 +610,7 @@ impl<'gc> TDisplayObject<'gc> for EditText<'gc> {
 
     fn post_instantiation(
         &mut self,
-        _avm: &mut Avm1<'gc>,
+        avm: &mut Avm1<'gc>,
         context: &mut UpdateContext<'_, 'gc, '_>,
         display_object: DisplayObject<'gc>,
         _init_object: Option<Object<'gc>>,
@@ -642,6 +642,41 @@ impl<'gc> TDisplayObject<'gc> for EditText<'gc> {
         for layout_box in text.layout.iter() {
             new_layout.push(layout_box.duplicate(context.gc_context));
         }
+
+        // If this text field has a variable set, initialize text field binding
+        if let Some(var_path) = self.variable() {
+            let var_path = (*var_path).to_string();
+            avm.insert_stack_frame(GcCell::allocate(
+                context.gc_context,
+                Activation::from_nothing(
+                    context.swf.header().version,
+                    avm.global_object_cell(),
+                    context.gc_context,
+                    self.parent().unwrap(),
+                ),
+            ));
+
+            if let Ok(Some((object, property))) =
+                avm.resolve_text_field_variable_path(context, &*var_path)
+            {
+                // If the property exists on the object, we overwrite the text with the property's value.
+                if object.has_property(avm, context, property) {
+                    let value = object.get(property, avm, context).unwrap();
+                    let _ = self.set_text(
+                        value
+                            .coerce_to_string(avm, context)
+                            .unwrap_or_default()
+                            .into_owned(),
+                        context,
+                    );
+                } else {
+                    // Otherwise, we initialize the proprty with the text field's text.
+                    let _ = object.set(property, self.text().clone().into(), avm, context);
+                }
+            }
+
+            avm.pop_stack_frame();
+        }
     }
 
     fn object(&self) -> Value<'gc> {