Beacon Financial Corporation
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Sean A. Gray
- Full Time Employees
- 1,972
- Sector
- Finance
- Industry
- Regional banks
- Address
- 131 Clarendon Street Boston MA United States 02116
- IPO Date
- Jun 28, 2000
- CIK
- 0001108134
- Website
- brooklinebancorp.com
- Similar Companies
- Business
- Beacon Financial Corporation Beacon Financial Corporation (NYSE: BBT) serves as the holding company for Beacon Bank & Trust, commonly known as Beacon Bank, a full-service regional bank offering commercial and retail banking solutions throughout New England and New York; the company maintains $24 billion in assets across more than 145 branches and provides deposit products including demand deposits, interest-bearing checking accounts, savings accounts, money market accounts, certificates of time deposit, and retirement accounts. Beacon Bank delivers a comprehensive suite of lending services encompassing commercial real estate loans, commercial and industrial loans, residential mortgages, consumer loans, asset-based lending, equipment financing through its Eastern Funding subsidiary, and Small Business Administration (SBA) lending via its 44 Business Capital division; it also offers cash management, online and mobile banking, private wealth management through Clarendon Private with over $3 billion in assets under management, investment products, brokerage services, trust administration, financial planning, and commercial payment processing. The bank operates through established divisions including Berkshire Bank, Brookline Bank, BankRI, and PCSB Bank, targeting personal, commercial, non-profit, and municipal customers with tailored solutions such as revolving lines of credit, letters of credit, overdraft programs, and debit card services. Founded in 1846 and headquartered at 131 Clarendon Street in Boston, Massachusetts, Beacon Financial Corporation completed a merger of equals with Berkshire Hills Bancorp, Inc. and Brookline Bancorp, Inc. on September 1, 2025, creating the combined entity and resulting in a name change from its prior incarnation; this strategic combination enhances scale, generates expected synergies in cost efficiencies and revenue growth, and prompted significant insider buying totaling $6.8 million by the CFO and directors in early November 2025 amid post-merger integration, with Q3 2025 results showing net interest income of $132.61 million exceeding expectations by 46% and a net interest margin of 3.7%.
Company News
Beacon (BBT) Reports Q3 Earnings: What Key Metrics Have to Say
Beacon Financial (BBT) Q3 Earnings and Revenues Lag Estimates
Beacon Financial Corporation Announces Third Quarter Results
Beacon Financial (BBT) Reports Next Week: Wall Street Expects Earnings Growth
Beacon Financial Corporation (NYSE:BBT) Stock Has Average Target Price of $32.50 According to Brokerages
Beacon Financial Corporation Announces Third Quarter 2026 Earnings Release Date and Conference Call
Beacon Financial Corporation Announces CEO Transition: Sean A. Gray Appointed Chief Executive Officer; Paul A.
Regional Bank CEO Sells 4,333 Shares As a Result of Tax Withholding
Beacon Financial (NYSE:BBT) & City (NASDAQ:CHCO) Financial Survey
Beacon Financial Corporation (NYSE:BBT) Receives $32.50 Consensus Price Target from Analysts
Algert Global LLC Purchases 130,285 Shares of Beacon Financial Corporation $BBT
Beacon Financial Corporation Appoints John B. Eagan General Counsel & Corporate Secretary
Beacon Financial Corporation (BBT) Q2 2026 Earnings Call Transcript
Compared to Estimates, Beacon (BBT) Q2 Earnings: A Look at Key Metrics
Beacon Financial (BBT) Q2 Earnings Meet Estimates
Beacon Financial Corporation Announces Second Quarter Results
Fifth Third Bancorp Has $2.17 Million Position in Beacon Financial Corporation $BBT
Beacon Financial: Q2 Earnings Preview, With Shares Still Cheap
Beacon Financial Corporation Announces Second Quarter 2026 Earnings Release Date and Conference Call
Beacon Bank and Baker Hill Expand Long-Standing Partnership to Enhance Digital Small Business and SBA Lending Experiences