---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-111063"
form_type: "8-K"
ticker: "BBT"
cik: "0001108134"
company_name: "Beacon Financial Corp"
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:20:24.980054+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Berkshire Hills Q3 net income $37.5M ($0.88 EPS); operating EPS $0.58 up 16% YoY

## Summary
- 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%.

## SEC filing metadata
- accession: 0001104659-24-111063
- form_type: 8-K
- ticker: BBT
- cik: 0001108134
- company_name: Beacon Financial Corp
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108134/000110465924111063/0001104659-24-111063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108134/000110465924111063/tm2426749d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-111063
- JSON: https://secwatch.observer/filing/0001104659-24-111063.json
- Plain text: https://secwatch.observer/filing/0001104659-24-111063.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.