earnings
confidence high
sentiment positive
materiality 0.70
Berkshire Hills Q3 net income $37.5M ($0.88 EPS); operating EPS $0.58 up 16% YoY
Beacon Financial Corp
2024-Q3 EPS reported
$0.97
revenue$289,820,000
- Net income $37.5M, EPS $0.88; operating EPS $0.58, up 5% linked and 16% YoY.
- Non-operating gain of $16M from branch sale contributed $0.30 after-tax per share.
- Net interest margin (FTE) 3.16%; operating revenue up 1% linked and 2% YoY.
- Return on tangible common equity 14.8%; operating return 9.9%.
- Loans $9.21B, deposits $9.58B at quarter end; efficiency ratio 63.7%.