---
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"
generated_at: "2026-05-23T06:40:22.127232+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Berkshire Hills Q1 GAAP EPS $0.56, Operating EPS $0.60; NIM expands to 3.24%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- 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/1108134/000110465925038435/0001104659-25-038435-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108134/000110465925038435/tm2513041d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-038435
- JSON: https://secwatch.observer/filing/0001104659-25-038435.json
- Plain text: https://secwatch.observer/filing/0001104659-25-038435.txt

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