Beacon Financial Posts Strong Q4 Results After Merger

The latest update is out from Beacon Financial Corporation ( (BBT) ).

Beacon Financial Corporation reported fourth-quarter 2025 net income of $53.4 million, or $0.64 per share, and full-year 2025 net income of $90.3 million, while operating earnings excluding $70.1 million of merger-related charges reached $142.3 million. Following the merger of equals with Brookline Bancorp, total assets more than doubled year over year to $23.2 billion, driven primarily by assumed assets, while deposits rose to $19.5 billion and borrowed funds declined, reflecting stronger combined liquidity. Fourth-quarter performance showed improving profitability and margins, with net interest income rising to $199.7 million, net interest margin widening to 3.82%, and non-interest income and non-interest expense both increasing as the first full quarter of combined operations was reflected in the results. Credit quality trends were mixed but generally stable, as the provision for credit losses and net charge-offs fell from the third quarter, even as nonperforming assets rose modestly due largely to a single Boston office loan, and the allowance for loan and lease losses edged up to 1.40% of total loans. Key return metrics rebounded, with annualized return on average assets improving to 0.94% and return on average tangible stockholders’ equity to 11.19% in the fourth quarter, while tangible book value per share climbed to $23.32, underscoring early synergy benefits and a stronger capital position. The Board also declared a dividend of $0.3225 per share, signaling continued capital return to shareholders amid the integration of the merger and adoption of updated credit loss accounting standards.

The most recent analyst rating on (BBT) stock is a Hold with a $29.00 price target. To see the full list of analyst forecasts on Beacon Financial Corporation stock, see the BBT Stock Forecast page.

Spark’s Take on BBT Stock

According to Spark, TipRanks’ AI Analyst, BBT is a Neutral.

The score is primarily held back by sharp TTM margin/ROE compression despite strong cash generation and solid revenue growth. Technicals are supportive with price above key moving averages and moderately positive momentum. Valuation is mixed (higher P/E partly offset by a ~3.15% dividend), while the earnings call was balanced due to merger-synergy optimism but elevated credit/office-loan risks and a GAAP loss from one-time charges.

To see Spark’s full report on BBT stock, click here.

More about Beacon Financial Corporation

Beacon Financial Corporation is a Boston-based banking institution that operates through Beacon Bank & Trust, offering loans and leases, investment securities, deposit products and related financial services. The company has significantly expanded its balance sheet and market presence through a recent merger of equals with Brookline Bancorp, positioning the combined organization as a larger regional player with enhanced liquidity and capital strength.

Average Trading Volume: 904,720

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.38B

Find detailed analytics on BBT stock on TipRanks’ Stock Analysis page.