secwatch.observer — SEC 8-K summary
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Issuer:     Beacon Financial Corp (BBT)
CIK:        0001108134
Form:       8-K/A
Filed at:   2025-11-17T23:59:59+00:00
Accession:  0001104659-25-113179
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beacon Financial completes merger with Brookline; pro forma assets $23.5B
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- Pro forma combined total assets of $23.5B at June 30, 2025; loans $18.7B, deposits $18.9B.
- Pro forma FY2024 net income $135.4M ($1.69 diluted EPS); H1 2025 net income $122.0M ($1.46 diluted EPS).
- Merger accounted for as reverse acquisition with Brookline as accounting acquirer; equity $2.4B.
- Estimated pre-tax merger costs of $93.0M; net-of-tax costs $73.9M, excluded from pro forma.
- Legacy Brookline stockholders control ~45% of pro forma voting interests.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108134/000110465925113179/0001104659-25-113179-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108134/000110465925113179/tm2530890d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-113179

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