---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-007466"
form_type: "8-K"
ticker: "BBT"
cik: "0001108134"
company_name: "Beacon Financial Corp"
filed_at: "2025-01-30T23:59:59+00:00"
generated_at: "2026-05-27T05:08:54.571958+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Berkshire Hills Q4 GAAP EPS $0.46, operating EPS $0.60; FY2024 operating EPS $2.22 up 4%

## Summary
- GAAP net income $19.7M ($0.46/share) vs $37.5M ($0.88) in Q3; operating earnings $26.0M ($0.60), up 3% QoQ and 28% YoY.
- Average deposits grew 3% QoQ to $9.659B; average loans rose 0.4% to $9.271B; loans/deposits ratio improved further.
- Delinquent and non-performing loans at 0.52% of total loans, lowest in nearly two decades.
- CET1 ratio 13.0%; return on tangible common equity 7.6% (operating 9.9%).
- FY2024 operating EPS $2.22 vs $2.14 in FY2023, up 4%; net interest margin (FTE) 3.14% vs 3.16% prior quarter.

## SEC filing metadata
- accession: 0001104659-25-007466
- form_type: 8-K
- ticker: BBT
- cik: 0001108134
- company_name: Beacon Financial Corp
- filed_at: 2025-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108134/000110465925007466/0001104659-25-007466-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108134/000110465925007466/tm254846d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-007466
- JSON: https://secwatch.observer/filing/0001104659-25-007466.json
- Plain text: https://secwatch.observer/filing/0001104659-25-007466.txt

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