Beacon Financial Corporation operates as the bank holding company for Beacon Bank & Trust that provides various banking services in the United ...
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Est. EPS $0.78 · Revenue $223.86M · 5 analysts
Est. EPS $0.80 · Revenue $226.95M · 5 analysts
Est. EPS $3.04 · Revenue $886.03M · 6 analysts
Est. EPS $0.78 · Revenue $224.78M · 3 analysts
$1.29 per share
$1.29 per share
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $759.3M | +18.0% | +10.1% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $90.3M | +48.0% | +39.4% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +51.1% | -7.9% | +7.7% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +16.0% | +29.9% | +19.8% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +11.9% | +25.4% | +26.6% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $0 | -100.0% | +100.0% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | 0.0% | -100.0% | +100.0% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 35.2% | -72.5% | -17.1% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.19x | +32.6% | — |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $23.2B | +95.0% | +0.1% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 1.03 vs 1.93 | -46.7% | 0.77 vs 0.77 | +0.4% |
| Revenue Surprise | $759.3M vs $573.2M | +32.5% | $319.6M vs $221.1M | +44.5% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Sep 1, 2026 | McCurdy Michael W. | officer: Chief Banking Officer | Common Stock | D | 1,314 | $30.39 |
| Sep 1, 2026 | Meiklejohn Mark J. | officer: Chief Credit Officer | Common Stock | D | 963 | $30.39 |
| Sep 1, 2026 | PERRAULT PAUL A | director, officer: President and CEO | Common Stock | D | 4,333 | $30.39 |
| Sep 1, 2026 | Carlson Carl M | officer: CFO & Chief Strategy Officer | Common Stock | D | 1,314 | $30.39 |
| Sep 1, 2026 | Eagan John Buckley | officer: General Counsel | Common Stock | D | 267 | $30.39 |
Operator: Hello, and welcome to the Beacon Financial Corporation Second Quarter 2026 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Dario Hernandez, Corporate Counsel. You may begin. Dario Hernandez: Thank you, Sarah, and good afternoon, everyone. Yesterday, we issued our earnings release and presentation, which is available on the Investor Relations page of our website, beaconfinancialcorporation.com, and has been filed with the SEC. This afternoon's call will be hosted by Paul Perrault, Carl Carlson. During the question-and-answer session, they will also be joined by our Chief Credit Officer, Mark Meiklejohn. This call may contain forward-looking statements with respect to the financial condition, results of operations and business of Beacon Financial Corporation. Please refer to Page 2 of our earnings presentation for our forward-looking statement disclaimer. Also, please refer to our other filings with the Securities and Exchange Commission, which contain risk factors that could cause actual results to differ materially from these forward-looking statements. Any references made during this presentation to non-GAAP measures are only made to assist you in understanding Beacon Financial's results and performance trends and should not be relied on as financial measures of actual results or future predictions. For a comparison and reconciliation to GAAP earnings, please see our earnings release. At this time, I'm pleased to introduce Beacon Financial's President and Chief Executive Officer, Paul Perrault. Paul Perrault: Thanks, Dario. Good afternoon, everyone, and thank you for joining us for our second quarter earnings call. Our second quarter results reflect improved operating momentum and solid execution across the organization as we continue to move beyond merger integration activities and focus on realizing the full potential of the combined franchise. We took a clear step forward from the first quarter with stronger profitability and improved operating performance across several key measures. GAAP earnings were $0.77 per share compared to $0.55 per share last quarter, driven by higher net interest income, increased fee income, lower credit provisioning and the elimination of further merger-related expenses. Return on assets improved to 1.17%, while return on tangible common equity increased to 12.84%, reflecting the earnings power of the franchise as integrated-related disruption subsides. While the operating environment remains competitive and economic uncertainty continues to influence client decision-making, we saw encouraging trends during the quarter. Our net interest margin expanded to 3.81%. Deposit growth resumed and noninterest income improved across several business lines. These results underscore the value of our diversified business model and the resilience of our funding base. Loan balances declined modestly during the quarter, consistent with our expectations as runoff in …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Sean A. Gray | Chief Operations Officer | USD 2,819,369 | Male | 1976 | Active |
Jacqueline Courtwright | Chief Human Resources Officer | USD 2,222,199 | Female | 1964 | Active |
Wm. Gordon Prescott | Senior EVP, General Counsel & Corporate Secretary | USD 2,124,666 | Male | 1962 | Active |
Paul A. Perrault | Chief Executive Officer, President & Director | USD 1,498,422 | Male | 1952 | Active |
Carl Carlson | Chief Financial & Strategy Officer | USD 767,247 | Male | 1964 | Active |
John Eagan | General Counsel & Corporate Secretary | — | Male | — | Active |
Gary R. Levante | Chief Marketing Officer | — | Male | — | Active |
Mark J. Meiklejohn | Chief Credit Officer | — | Male | 1964 | Active |
Michael W. McCurdy | Chief Banking Officer | — | Male | 1969 | Active |
Dario Hernandez | Vice President & Corporate Counsel | — | Male | — | Active |
Algert Global LLC grew its holdings in shares of Beacon Financial Corporation (NYSE: BBT) by 64.8% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 331,312 shares of the company's stock after buying an additional 130,285 shares during the period. Algert Global LLC owned
BOSTON, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Beacon Financial Corporation (NYSE: BBT) (the "Company") today announced the appointment of John B. Eagan to the role of General Counsel and Corporate Secretary of Beacon Financial Corporation and Beacon Bank. He succeeds Wm. Gordon Prescott, who retired on July 31 following a distinguished legal career and more than 18 years of service to the organization.
Beacon Financial Corporation (BBT) Q2 2026 Earnings Call Transcript
While the top- and bottom-line numbers for Beacon (BBT) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Beacon Financial (BBT) came out with quarterly earnings of $0.77 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.69 per share a year ago.
