earnings
confidence high
sentiment neutral
materiality 0.75
Beacon Financial reports Q3 net loss of $56.3M on $129.8M merger costs; operating EPS $0.44
Beacon Financial Corp
2025-Q3 EPS reported
-$0.10
- Net loss of $56.3M ($0.64/sh) reflects $129.8M pre-tax merger costs ($51.9M expenses + $77.9M provision).
- Operating earnings (non-GAAP) of $38.5M or $0.44 per diluted share.
- Merger of equals between Berkshire Hills and Brookline closed Sept 1; combined assets $22.8B.
- Quarterly dividend $0.3225/sh declared, payable Nov 24 to holders of record Nov 10.
- NPL ratio improved to 0.54% (from 0.65% QoQ); net charge-offs rose to $15.9M from $5.1M.