Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Beacon Financial (BBT)

Beacon Financial Q1 net income $46.2 million, EPS $0.55, down from $0.64 in Q4

Negative Impact 3 of 5 earnings Written later

Beacon Financial reported first-quarter 2026 net income of $46.2 million, or $0.55 per share, down from $53.4 million, or $0.64 per share, in the fourth quarter of 2025 but up from $19.1 million in the first quarter of 2025. The company said results reflect the merger with Brookline Bancorp and that they may not be directly comparable with prior periods; its board also approved a $0.3225 quarterly dividend and a $50 million stock buyback, subject to regulatory approval.

Key points

  • Net interest income fell to $190.8 million from $199.7 million in the fourth quarter of 2025; net interest margin was 3.78%, down from 3.82%.
  • Nonperforming assets rose to $151.2 million from $116.7 million at December 31, 2025, largely from a $17.5 million Boston office property and $8.9 million in two New York City multi-family properties.
  • Quarterly dividend of $0.3225 per share is payable May 29, 2026 to stockholders of record on May 15, 2026.
  • Management will hold a conference call at 1:30 PM Eastern Time on April 30, 2026.

The filing

CompanyBeacon Financial (BBT)
Form8-K, current report
Filed with the SECApr 29, 2026, 4:39 PM ET
Accession number0001171843-26-002833

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.