Beacon Financial Corp — Form 8-K
Filed August 13, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 28/100
What the filing says
Beacon Financial Corporation (formed from September 2025 merger of Brookline Bancorp and Berkshire Hills Bancorp) reported Q2 2026 results with $22.3B in assets, $17.8B gross loans, and $18.5B deposits across 145 Northeast branches. Key metrics: diluted EPS $0.77, ROATE 12.8%, efficiency ratio 58.1%, TCE/TA 9.25%, CET1 11.6%. Core conversion completed February 2026. Asset quality stable: NPAs 0.70% of assets, NCOs 0.32% annualized. CRE concentration declining from 355% to 317% of risk-based capital.
Why this rating
Post-merger earnings update with normalized Q2 results after integration charges phased out. No material new developments, strategic changes, or asset/liability movements relative to $1.1B market cap. Routine disclosure of established merged entity performance.
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