In Q1 FY2026 (ended March 31, 2026), Beacon Financial Corporation reported net income of $46.2 million, a 142% increase year-over-year. Diluted EPS was $0.55, up 162% from the prior year. Cash and equivalents stood at $1.11 billion, equity at $2.50 billion, and long-term debt at $1.07 billion.
•Net income surged 142% YoY to $46.2 million.
•Diluted EPS rose 162% YoY to $0.55.
•Cash and equivalents were $1.11 billion; equity was $2.50 billion.
•Long-term debt totaled $1.07 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Beacon Financial is the bank holding company for Beacon Bank & Trust that provides various banking services in the United States and globally. The company accepts commercial, municipal, and retail deposits.
It originates mortgage loans on commercial and residential real estate, as well as commercial loans and leases. It is also involved in investment in debt and equity securities; and offers cash management, trust, and investment advisory services, as well as specialty equipment financing and SBA lending, and online and mobile banking services Wealth management services to individuals, families, endowments, and foundations. Founded in 1846, Beacon Financial is headquartered in Boston, Massachusetts.
Beacon Financial Corporation is the bank holding company for Beacon Bank & Trust, offering a wide range of banking services in the United States and globally. The company accepts commercial, municipal, and retail deposits. It originates mortgage loans on commercial and residential real estate, as well as commercial loans and leases. Additionally, Beacon Financial invests in debt and equity securities and provides cash management, trust, and investment advisory services. It also offers specialty equipment financing, SBA lending, and online and mobile banking services. Wealth management services are available to individuals, families, endowments, and foundations.
On which stock exchange is Beacon Financial Corporation (BBT) listed and in what currency?
Beacon Financial Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol BBT. The company's financials are reported in US Dollars (USD), reflecting its primary operations in the United States.
What sector and industry does Beacon Financial Corporation (BBT) operate in?
Beacon Financial Corporation operates in the Financial Services sector, specifically within the Banks - Regional industry. As a regional bank, it focuses on providing banking and financial services to local communities, businesses, and individuals, primarily in the United States.
Where is Beacon Financial Corporation (BBT) headquartered and what markets does it serve?
Beacon Financial Corporation is headquartered in Boston, Massachusetts, United States. The company serves customers both domestically and globally. Its services include commercial, municipal, and retail deposits, as well as various lending and investment services. While its primary market is the United States, it also operates internationally, offering services such as specialty equipment financing and SBA lending.
How does Beacon Financial Corporation (BBT) generate revenue?
Beacon Financial Corporation generates revenue primarily through its banking operations. It earns income from interest on loans, including mortgage loans on commercial and residential real estate, commercial loans, and leases. Additionally, it earns from investments in debt and equity securities. The company also generates fee-based income from cash management, trust, and investment advisory services, as well as wealth management services for individuals, families, endowments, and foundations. Specialty equipment financing and SBA lending are other revenue streams.