Earnings ·
Beacon Financial Corporation reported second quarter 2026 net income of $64.4 million, or $0.77 per share, compared to…
BBTBeacon Financial Corp
Beacon Financial Corporation reported second quarter 2026 net income of $64.4 million, or $0.77 per share, compared to $46.2 million in the prior quarter and $22.0 million a year ago. The company announced a regular quarterly cash dividend of $0.3225 per share, payable on August 28, 2026, to stockholders of record on August 14, 2026. Total assets reached $22.3 billion, with net interest income increasing to $193.2 million and non-interest expense decreasing to $127.3 million as merger costs ceased. Beacon Financial Corporation operates in the banking industry as a regional bank holding company serving the Northeast.