{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-26-002833","form_type":"8-K","ticker":"BBT","cik":"0001108134","company_name":"Beacon Financial Corp","filed_at":"2026-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:31.962583+00:00","generated_at":"2026-05-15T01:34:12.641874+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Beacon Financial Q1 net income $46.2M ($0.55 EPS); operating EPS $0.70; $0.3225 dividend, $50M buyback","bullets":["Net income $46.2M ($0.55 diluted EPS) vs $53.4M ($0.64) in Q4 2025 and $19.1M ($0.21) in Q1 2025.","Operating earnings (non-GAAP) $58.4M, operating EPS $0.70.","Net interest margin fell 4 bps to 3.78%; net interest income $190.8M.","Net charge-offs $13.6M (30 bps annualized); nonperforming loan ratio rose to 0.83% from 0.63%.","Board approved $50M stock buyback (subject to regulatory approval) and $0.3225 dividend payable May 29, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-26-002833","json":"https://secwatch.observer/filing/0001171843-26-002833.json","markdown":"https://secwatch.observer/filing/0001171843-26-002833.md","text":"https://secwatch.observer/filing/0001171843-26-002833.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108134/000117184326002833/0001171843-26-002833-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108134/000117184326002833/f8k_042926.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T01:34:12.641874+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7c85584bd14f023d3cc2a2e300bb82d77f10a2c4","claim":"Beacon Financial Corp reported the first quarter of 2026 results: revenue $190.8 million, net income $46.2 million, EPS $0.55 per basic and diluted share.","evidence_excerpt":"$23.32 at December 31, 2025 to $23.48 at March 31, 2026, and increased $12.45 from $11.03 at March 31, 2025. NET INTEREST INCOME Net interest income decreased $8.9 million to $190.8 million during the first quarter of 2026 from $199.7 million for the quarter ended December 31, 2025. The net interest margin decreased 4 basis points to 3.78 percent for the three","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108134/000117184326002833/0001171843-26-002833-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2026"},{"label":"Revenue","value":"$190.8 million"},{"label":"Net income","value":"$46.2 million"},{"label":"EPS","value":"$0.55 per basic and diluted share"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}