Beacon Financial Corp
Banking · 1K - 5K Employees
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Overview
Revenue
$676.2 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
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About Beacon Financial Corp
Beacon Financial Corporation is a U.S.-based bank holding company headquartered in Boston, Massachusetts. Formed in 2025 through the merger of Berkshire Hills Bancorp and Brookline Bancorp, it operates Beacon Bank & Trust, providing commercial, retail, and wealth management services across New England and New York.Explore more
Popular SearchesBeacon Financial CorpBeacon Financial IncHtmlSIC Code 60,602NAICS Code 52,522Show moreBeacon Financial Corp Org Chart
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Company Profile Activity
Activity Insights
Beacon Financial Corp is experiencing very low activity levels compared to other companies in the Finance sector.
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Beacon Financial Corp is drawing exceptional interest within the Finance industry, suggesting notable developments or strong market momentum, learn more about Beacon Financial Corp.
Beacon Financial Corp Tech Stack
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Most Recent Scoops
Earnings
Beacon Financial Corp has indicated that benefits from repricing non-maturity deposits are expected to materialize more fully in Q2 and Q3, with a CD book of approximately $1.4 to $1.5 billion presenting repricing opportunities of 10 to 30 basis points, while management noted that margin improvement is primarily dependent on stronger loan production.
Earnings, Financial Planning, Finance, Financial Operations, Financial Strategy
Earnings
Beacon Financial Corp has provided Q2 and full-year guidance, expecting loan growth to remain soft in Q2 before strengthening through the remainder of the year, with the net interest margin expected to stabilize around 380 basis points and gradually improve as merger costs and systems conversion are now complete.
Earnings, Forecasting, Finance, Financial Operations
Earnings
Beacon Financial Corp has reported Q1 CET1 of 11%, tangible common equity of 9.1%, and tangible book value per share of $23.48, an increase of $0.16, with management confirming that all significant merger-related charges have been recognized and total merger costs came in line with expectations.
Mergers & Acquisitions, Earnings, Acquisitions, Finance, Mergers
Earnings
Beacon Financial Corp has reported Q1 total assets of $22.2 billion, a decline of $992 million driven by lower cash balances, with loans declining approximately 1% and deposits declining 6%, while loan originations and draws totaled $734 million at a weighted average coupon of 628 basis points, with 67% of originations at floating rates.
Earnings, Accounting, Financial Reporting, Banking, Finance
Earnings
Earnings, Finance
Beacon Financial Corp News & Media
Beacon Financial Corporation (BBT) Q1 2026 Earnings Call Transcript
Beacon Financial Corporation (BBT) Q1 2026 Earnings Call April 30, 2026 1:30 PM EDTCompany ParticipantsDario Hernandez - VP & Corporate CounselPaul...Beacon Financial Corporation Announces First Quarter Results
Net Income of $46.2 million, EPS of $0.55Beacon Bank parent taps Pittsfield native Gary Levante as chief marketing officer | Bizbrief
Beacon Financial Corp., the holding company for Beacon Bank, has announced the appointment of Pittsfield native Gary Levante as chief marketing officer.Beacon Financial appoints Gary Levante Chief Marketing Officer
BOSTON, April 23, 2026 /PRNewswire/ -- Beacon Financial Corporation (NYSE: BBT) (the "Company"), the holding company for Beacon Bank, today announced the appointment of Gary Levante as Chief Marketing Officer. As a member of the Executive Management Committee, Levante reports to President...
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Beacon Financial Corporation is a U.S.-based bank holding company headquartered in Boston, Massachusetts. Formed in 2025 through the merger of Berkshire Hills Bancorp and Brookline Bancorp, it operates Beacon Bank & Trust, providing commercial, retail, and wealth management services across New England and New York.... Read More
