Welcome to our dedicated page for Beacon Financial SEC filings (Ticker: BBT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Beacon Financial Corporation filings document the regulatory record of a NYSE-listed bank holding company for Beacon Bank & Trust. The company’s 8-K reports disclose quarterly results, Regulation FD investor presentations, dividend approvals, stock-repurchase authorization and related bank-regulatory non-objection, along with material-event disclosures tied to its capital structure and operations.
Beacon Financial’s proxy materials cover annual meeting voting matters, board governance, executive compensation and equity-award disclosures. Its filings also identify the company’s common stock, par value and exchange listing, and provide formal disclosure around the completed merger of equals that established the current Beacon Financial and Beacon Bank organization.
NOWAK BOGDAN reported acquisition or exercise transactions in this Form 4 filing.
Beacon Financial Corp director Bogdan Nowak reported an award of 2,509 shares of Common Stock as restricted stock granted at no cash cost under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan. These shares vest one year from the grant date, bringing his direct holdings to 114,539 shares.
Carlson Carl M reported acquisition or exercise transactions in this Form 4 filing.
Beacon Financial Corp reported that CFO & Chief Strategy Officer Carl M. Carlson received two stock awards of common shares as equity compensation. Each award covers 5,167 restricted shares granted under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan at no cash cost to him.
One 5,167-share grant is time-based restricted stock that vests in three equal annual installments starting one year after the grant date. The second 5,167-share grant is performance-based restricted stock that vests on the third anniversary of the grant date, depending on specified performance metrics.
Brunelle David reported acquisition or exercise transactions in this Form 4 filing.
Beacon Financial Corp director David Brunelle received a grant of 2,509 shares of Common Stock as restricted stock. The award was made at a price of $0.00 per share under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan and vests one year from the grant date. Following this compensation-related grant, Brunelle holds 21,899 Common Stock shares directly and 4,000 shares indirectly through an IRA.
Beacon Financial Corporation reported the results of its annual shareholder meeting held on May 13, 2026. All sixteen director nominees listed in the company’s proxy statement were elected to one-year terms, with individual support levels generally above 95% of votes cast for directors.
Stockholders also ratified the appointment of KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 66,088,120 votes for, 1,319,591 against, and 69,603 abstentions. In addition, shareholders approved, on a non-binding advisory basis, the compensation of the company’s named executive officers, with 35,782,771 votes for, 23,800,639 against, 297,386 abstentions, and 7,596,528 broker non-votes.
Beacon Financial Corporation reported much stronger quarterly results as a larger combined institution following its 2025 merger of equals. For the three months ended March 31, 2026, net income rose to $46.2 million from $19.1 million a year earlier, and diluted EPS increased to $0.55 from $0.21. Net interest income more than doubled to $190.8 million, driven by higher interest and dividend income of $292.4 million, partly offset by higher funding costs.
Total assets were $22.2 billion at March 31, 2026, with loans and leases of $17.9 billion and deposits of $18.3 billion. Deposits declined from $19.5 billion at year-end, while FHLB advances increased to $822.1 million. The allowance for loan and lease losses was $244.4 million, and the allowance for unfunded commitments was $16.6 million, reflecting updated credit models and qualitative adjustments.
Non-interest expense rose to $140.8 million, including $13.0 million of merger and restructuring costs and higher compensation, occupancy, and technology spending. Accumulated other comprehensive loss deepened to $31.4 million, mainly from larger unrealized losses on the $1.7 billion available-for-sale securities portfolio, leading to comprehensive income of $34.8 million.
Beacon Financial Corporation announced that it received a notice of non-objection from the Board of Governors of the Federal Reserve for its previously adopted stock repurchase program. This regulatory clearance allows the company to move forward with buying back its own shares.
Under the program, Beacon Financial may repurchase up to $50 million of its outstanding common stock. Repurchases can occur from time to time between May 5, 2026 and May 4, 2027 through open market or negotiated transactions at prevailing market prices, in accordance with federal securities laws.
Beacon Financial Corp Chief Marketing Officer Levante Gary R. filed an initial ownership report showing holdings of 6,494 shares of common stock. The position includes restricted stock granted under the Beacon Financial Corporation 2025 Stock Option and Incentive Plan. This filing reports holdings rather than a new stock purchase or sale.
Beacon Financial Corp reported a Schedule 13G disclosure: Vanguard Capital Management reports beneficial ownership of 4,403,534 shares of common stock as of 03/31/2026. The filing shows this stake equals 5.25% of the class, with sole dispositive power over 4,403,534 shares and sole voting power over 637,350 shares. The filing lists CUSIP 084680107 and is signed by Vanguard's Head of Global Fund Administration on 04/29/2026.
Beacon Financial Corporation reported first quarter 2026 net income of $46.2 million, or $0.55 per share, up sharply from $19.1 million a year earlier but down from $53.4 million in the prior quarter. Operating earnings were $58.4 million, or $0.70 per share, excluding $13.0 million of merger and restructuring costs as integration of its merger of equals continues.
Total assets were $22.2 billion, with loans of $17.9 billion and deposits of $18.3 billion, reflecting seasonal and payroll-related deposit outflows and lower cash balances. The net interest margin was 3.78%, down 4 basis points from the prior quarter as loan yields and earning assets declined slightly.
Asset quality weakened: nonperforming loans rose to 0.83% of total loans and leases, and net charge-offs increased to $13.6 million, or 0.30% of average loans and leases. The allowance for loan and lease losses was 1.36% of total loans and leases. Return on average assets was 0.84%, and return on average tangible stockholders’ equity was 9.30%.
The Board declared a regular quarterly dividend of $0.3225 per share, payable May 29, 2026, and approved a $50 million stock repurchase program, subject to regulatory approval. Tangible book value per common share increased to $23.48, and tangible stockholders’ equity to tangible assets was 9.07%.
Beacon Financial Corp reported a Schedule 13G showing Vanguard Portfolio Management beneficially owns 5,192,136 shares of Common Stock. The filing states this equals 6.19% of the class and that Vanguard Portfolio Management has sole dispositive power over 5,192,136 shares and sole voting power over 58,204 shares. The filing lists affiliate voting/dispositive arrangements under SEC Release No. 34-39538.