secwatch.observer — SEC 8-K summary
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Issuer:     Beacon Financial Corp (BBT)
CIK:        0001108134
Form:       8-K
Filed at:   2026-07-29T20:16:29+00:00
Accession:  0001171843-26-005016
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beacon Financial Q2 net income $64.4M ($0.77 EPS), up from $22.0M in Q2 2025; declares $0.3225 dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108134/000117184326005016/0001171843-26-005016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108134/000117184326005016/f8k_072926.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-005016

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