Beacon Financial Corporation

Beacon Financial Corporation is a bank holding company for Beacon Bank & Trust, providing banking services in the United States and internationally. It accepts commercial, municipal, and retail deposits, and originates mortgage loans on commercial and residential real estate, along with commercial loans and leases. The company also invests in debt and equity securities and offers cash management, trust, and investment advisory services. Additional services include specialty equipment financing, SBA lending, online and mobile banking, and wealth management for individuals, families, endowments, and foundations. Founded in 1846, it is headquartered in Boston, Massachusetts.

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Beacon Financial Corporation Reports Second Quarter Net Income of $64.4 Million

Beacon Financial Corporation announced net income of $64.4 million, or $0.77 per share, for the second quarter of 2026. Total assets rose to $22.3 billion, and the net interest margin expanded to 3.81 percent. The company declared a quarterly dividend of $0.3225 per share, payable on August 28, 2026. Non-interest expense fell to $127.3 million, partly due to the completion of merger-related costs in the prior quarter.

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