secwatch.observer — SEC 8-K summary
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Issuer:     Beacon Financial Corp (BBT)
CIK:        0001108134
Form:       8-K
Filed at:   2025-09-02T23:59:59+00:00
Accession:  0001104659-25-086043
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 2.01, 2.03, 3.01, 5.03, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beacon Financial completes merger of equals with Brookline Bancorp; combined assets $24B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108134/000110465925086043/0001104659-25-086043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108134/000110465925086043/tm2524397d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-086043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer