--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-25-086043" form_type: "8-K" ticker: "BBT" cik: "0001108134" company_name: "Beacon Financial Corp" filed_at: "2025-09-02T23:59:59+00:00" generated_at: "2026-05-17T08:43:51.827858+00:00" event_type: "m_and_a" sentiment: "neutral" materiality_score: 0.9 calibrated_materiality_score: 0.9 confidence: "high" source: SEC EDGAR --- # Beacon Financial completes merger of equals with Brookline Bancorp; combined assets $24B ## Summary - Merger effective Sept 1, 2025; combined company has ~$24B in assets, 145+ branches, and $3B AUM. - New ticker symbol 'BBT' on NYSE; name changed from Berkshire Hills Bancorp to Beacon Financial. - Board expanded to 16 members; Paul A. Perrault named CEO; David M. Brunelle elected Board Chair. - Assumed $75M 6.00% subordinated notes due 2029 and $9.8M junior subordinated debentures. - Bank subsidiaries merged into Brookline Bank, renamed Beacon Bank & Trust; systems integration targeted Q1 2026. ## SEC filing metadata - accession: 0001104659-25-086043 - form_type: 8-K - ticker: BBT - cik: 0001108134 - company_name: Beacon Financial Corp - filed_at: 2025-09-02T23:59:59+00:00 - event_type: m_and_a - sentiment: neutral - materiality_score: 0.9 - calibrated_materiality_score: 0.9 - confidence: high - sec_items: 2.01, 2.03, 3.01, 5.03, 5.02, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1108134/000110465925086043/0001104659-25-086043-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108134/000110465925086043/tm2524397d1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-25-086043 - JSON: https://secwatch.observer/filing/0001104659-25-086043.json - Plain text: https://secwatch.observer/filing/0001104659-25-086043.txt ## Source-grounded claims - claim_id: 1df3ed5f4b5394284297dd737223797761fc8ea6 claim: Beacon Financial Corp incurred senior notes of $4,900,000 with Brookline Bancorp at Fixed/floating rate maturing June 26, 2033. evidence_excerpt: ompletes Merger of Equals between Berkshire Hills Bancorp and Brookline Bancorp Boston, September 2, 2025 – Beacon Financial Corporation, Inc. (NYSE: BBT) today announced the completion of the merger of equals between Berkshire Hills evidence_url: https://www.sec.gov/Archives/edgar/data/1108134/000110465925086043/0001104659-25-086043-index.htm - claim_id: 98683cb71357ca23b7f2abbaa6b815188e5f88ae claim: Beacon Financial Corp incurred senior notes of $4,900,000 with Brookline Bancorp at Floating rate maturing March 17, 2034. evidence_excerpt: In addition, the Company assumed Brookline’s obligations with respect to Brookline’s outstanding trust preferred securities and subordinated notes, consisting of (i) $4.9 million of floating rate junior subordinated deferrable interest debenture due March 17, 2034 (the “2034 Debenture”) evidence_url: https://www.sec.gov/Archives/edgar/data/1108134/000110465925086043/0001104659-25-086043-index.htm - claim_id: 9a75342e407e24938e0af2fd607ae5e9d9e1fcfa claim: Beacon Financial Corp incurred senior notes of $75,000,000 with Brookline Bancorp at 6.000% Fixed-to-Floating Rate maturing September 15, 2029. evidence_excerpt: In connection with the Holdco Merger, the Company assumed $75.0 million of 6.000% Fixed-to-Floating Rate Subordinated Debentures due September 15, 2029 (the “Notes”) of Brookline. evidence_url: https://www.sec.gov/Archives/edgar/data/1108134/000110465925086043/0001104659-25-086043-index.htm - claim_id: a03ddde36044f2c5e81af214f80e418cced4b4dd claim: Beacon Financial Corp: Amended certificate of incorporation to change company name to 'Beacon Financial Corporation' and increase authorized capital stock. evidence_excerpt: As of the closing of the Holdco Merger, pursuant to the Merger Agreement, the filing of the Certificate of Merger effected several amendments to the Certificate of Incorporation of the Company, including changing the name of the Company to "Beacon Financial Corporation" and increasing the number of shares of authorized capital stock of the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1108134/000110465925086043/0001104659-25-086043-index.htm - claim_id: f5df6b548673db234c37cd910e2260392e8e596d claim: Beacon Financial Corp: Amended bylaws to set board composition with 16 directors, designate chairman and CEO for two-year terms, specify executive officers, require two-thirds vote to remove certain officers or approve a merger, clarify stockholder meeting and advance notice provisions. evidence_excerpt: Pursuant to the Merger Agreement, the amendment to the Amended and Restated Bylaws (the "Bylaws Amendment") effect the following corporate governance arrangements: · Composition of the Board of Directors . The boards of directors of the Beacon Financial and Beacon Bank each are comprised of 16 directors, with eight directors designated by each of Berkshire (which will include David M. Brunelle) and Brookline (which will include Paul A. Perrault). evidence_url: https://www.sec.gov/Archives/edgar/data/1108134/000110465925086043/0001104659-25-086043-index.htm - claim_id: ff28ab169b90bf145d6ed0b04ff0129714f10177 claim: Beacon Financial Corp completed an acquisition involving Brookline Bancorp, Inc. for each share of Brookline common stock ... was converted into the right to receive 0.42 shares of Company Common Stock (closed 2025-09-01). evidence_excerpt: terms of the Merger Agreement, as of the closing of the Holdco Merger, each share of Brookline common stock, par value $0.01 per share, was converted into the right to receive 0.42 shares (the “Exchange Ratio”) of Company Common Stock, with cash to be paid in lieu of fractional shares. Each previously outstanding share of Company Common Stock remained evidence_url: https://www.sec.gov/Archives/edgar/data/1108134/000110465925086043/0001104659-25-086043-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.