---
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"
generated_at: "2026-05-15T01:34:12.641874+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Beacon Financial Q1 net income $46.2M ($0.55 EPS); operating EPS $0.70; $0.3225 dividend, $50M buyback

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-002833
- JSON: https://secwatch.observer/filing/0001171843-26-002833.json
- Plain text: https://secwatch.observer/filing/0001171843-26-002833.txt

## Key facts
- Earnings Releases
  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.
  - Period: the first quarter of 2026
  - Revenue: $190.8 million
  - Net income: $46.2 million
  - EPS: $0.55 per basic and diluted share
  - Result: reported results
  source text: $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_url: https://www.sec.gov/Archives/edgar/data/1108134/000117184326002833/0001171843-26-002833-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.