Beacon Financial Corp

Banking · 1K - 5K Employees

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Overview

Revenue

$676.2 Million

Industry

Banking Finance Holding Companies & Conglomerates
ZI Rank: 1
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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 more

Beacon Financial Corp Org Chart

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Company Profile Activity

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Among all Finance companies

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High Activity

Activity Insights

Beacon Financial Corp is experiencing very low activity levels compared to other companies in the Finance sector.

What does this means?

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

A closer look at the technologies used by Beacon Financial Corp

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
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Beacon Financial Corp News & Media

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Frequently Asked Questions Regarding Beacon Financial Corp

What is Beacon Financial Corp's official website?
Beacon Financial Corp's official website is www.beaconfinancialcorporation.com
What is Beacon Financial Corp's Revenue?
Beacon Financial Corp's revenue is $676.2 Million
What is Beacon Financial Corp's SIC code?
Beacon Financial Corp's SIC: 60,602
What is Beacon Financial Corp's NAICS code?
Beacon Financial Corp's NAICS: 52,522
How many employees does Beacon Financial Corp have?
Beacon Financial Corp has 1K - 5K employees
What industry does Beacon Financial Corp belong to?
Beacon Financial Corp is in the industry of: Banking, Finance, Holding Companies & Conglomerates
What companies has Beacon Financial Corp acquired?
Beacon Financial Corp has acquired the companies: SI Financial Group, Rome Bancorp, Factory Point, Brookline Bancorp
What technology does Beacon Financial Corp use?
Some of the popular technologies that Beacon Financial Corp uses are: PHP, Google AdSense, Infolinks, SkimLinks
What does Beacon Financial Corp do?

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

Is Beacon Financial Corp a public company?
Beacon Financial Corp is private company therefore does not currently have an official ticker symbol
See more information about Beacon Financial Corp

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