Berkshire Hills and Brookline name combined company Beacon Financial Corp, ticker BBT

Beacon Financial Corp

Combined holding company to be Beacon Financial Corporation (NYSE: BBT); bank named Beacon Bank & Trust (d/b/a Beacon Bank).
Merger of equals expected to close in Q3 2025, subject to regulatory approvals and closing conditions.
Paul A. Perrault (Brookline CEO) to serve as CEO; David M. Brunelle (Berkshire Chair) to remain Chair of combined board.
Post-closing, legacy brands will operate as divisions of Beacon Bank & Trust; full brand transition and system integration targeted for Q1 2026.

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