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Beacon Financial Corporation (BBT)
NYSE:BBT
Earnings Data
Report Date
Apr 16, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.83Last Year’s EPS
0.6Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call reflects a generally positive operating and strategic progress narrative: improved NIM, solid operating earnings and return metrics, stronger balance sheet scale and increased equity from early ASU adoption. That said, there are notable near-term headwinds including merger-related charges and a delayed systems conversion, elevated CRE concentration and localized CRE/office stress, and the elimination of future accretion from the accounting change which reduces longer‑term EPS upside. Management presents a clear plan to reduce CRE concentration, complete the conversion in Feb 2026 and realize synergies, and their commentary frames the risks as manageable and largely transitional.Company Guidance
Improved Net Interest Margin and Net Interest Income
Net interest margin improved to 3.82% (382 bps) in Q4, including a 26 bps lift from purchase accounting; net interest income was $199.7 million (which included $13.8 million of purchase accounting accretion).
Strong Operating Profitability Metrics
Operating results (excluding merger charges) produced operating earnings of $89.6 million (operating EPS $0.79), operating ROA of 1.13% (113 bps) and return on tangible equity of ~13.4%.
Solid Balance Sheet Scale and Liquidity
Combined company finished the quarter with $23.2 billion in assets, $19.5 billion in deposits and $18.0 billion in loans. Payroll-related deposits provided sizable liquidity (average payroll deposits ~$800M–$900M; quarter-end payroll deposits ~ $1.9B) and the firm maintained meaningful cash/short-term investments (~$2 billion).
Operating Efficiency and Capital Return
Q4 efficiency ratio was 56.7% (core efficiency ratio excluding noncash intangible amortization 52.8%). Board approved a quarterly dividend of $0.3225 per share (approximate yield ~4.5%), continuing capital return to shareholders.
Allowance and Reserve Position
Allowance for loan losses was ~$253 million (coverage ~140 bps). General reserve was ~$177 million (about 100 bps on the portfolio) and specific reserves were ~$76 million against ~$354 million of substandard loans (coverage ~22%).
Successful Early Adoption of FASB ASU Increased Equity
Early adoption of ASU 2025-08 removed a day-one hit on acquired PCD loans, increasing equity by roughly $49 million and adding about $0.55 to tangible book value per share on adoption.
Integration Progress and Near-Term Systems Conversion Plan
Management reports integration on course with core systems conversion scheduled for February 2026; management expects remaining cost synergies to materialize after conversion and is confident in client retention and operational readiness.
BBT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BBT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 28, 2026 | $28.18 | $28.93 | +2.66% |
Oct 29, 2025 | $22.84 | $23.82 | +4.29% |
Jul 24, 2025 | $25.73 | $25.26 | -1.83% |
Apr 24, 2025 | $23.68 | $24.44 | +3.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Beacon Financial Corporation (BBT) report earnings?
Beacon Financial Corporation (BBT) is schdueled to report earning on Apr 16, 2026, After Close (Confirmed).
What is Beacon Financial Corporation (BBT) earnings time?
Beacon Financial Corporation (BBT) earnings time is at Apr 16, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BBT EPS forecast?
BBT EPS forecast for the fiscal quarter 2026 (Q1) is 0.83.