{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-038435","form_type":"8-K","ticker":"BBT","cik":"0001108134","company_name":"Beacon Financial Corp","filed_at":"2025-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.541117+00:00","generated_at":"2026-05-23T06:40:22.127232+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Berkshire Hills Q1 GAAP EPS $0.56, Operating EPS $0.60; NIM expands to 3.24%","bullets":["Net income $25.7M vs $19.7M in Q4 and $(20.2M) in Q1 2024; operating EPS up 22% YoY to $0.60.","Net interest margin (FTE) 3.24%, up 10 bp sequentially; efficiency ratio 59.5%, best in two years.","Delinquent and non-performing loans to total loans fell to 0.42%, lowest in nearly 20 years.","Operating revenue up 5% YoY; operating non-interest expense down 6% YoY.","Average loans $9.39B, deposits $9.85B; period-end deposits $9.88B."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-038435","json":"https://secwatch.observer/filing/0001104659-25-038435.json","markdown":"https://secwatch.observer/filing/0001104659-25-038435.md","text":"https://secwatch.observer/filing/0001104659-25-038435.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108134/000110465925038435/0001104659-25-038435-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108134/000110465925038435/tm2513041d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T06:40:22.127232+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}