earnings
confidence high
sentiment positive
materiality 0.70
Beacon Financial Q2 net income $64.4M ($0.77 EPS), up from $22.0M in Q2 2025; declares $0.3225 dividend
Beacon Financial Corp
- Net income $64.4M ($0.77 diluted EPS) vs $22.0M ($0.25) in Q2 2025 and $46.2M ($0.55) in Q1 2026.
- Net interest margin expanded 3 bps to 3.81%; non-interest expense fell $13.6M QoQ as merger costs ended.
- Total deposits grew $193.6M QoQ; total loans decreased $101.9M QoQ.
- Nonperforming loans ratio 0.86% (up 3 bps); net charge-offs $14.3M (32 bps annualized).
- Quarterly dividend $0.3225 per share, payable Aug 28, 2026 to holders of record Aug 14, 2026.