BBT at a glance
Beacon Financial Corp (BBT, SEC CIK 1108134) filed its latest 10-K annual report on March 2, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on September 30, 2026 and Form 4 insider filings as recently as September 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Beacon Financial Corp (BBT) reported revenue of $29.9 million (down 30.7% from FY2024) and net income of $90.3 million. Diluted EPS was $1.03.
- As of June 30, 2026, 31 institutional investment managers tracked by SignalX reported holding Beacon Financial Corp (BBT) shares worth $1.4 billion in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $29.9M
- −30.7% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 31 funds
- $1.4B · +2 vs prior quarter
- Latest 8-K
- Sep 30, 2026
- Item 5.02 · Item 8.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: Full-service financial holding company offering commercial, retail, and wealth management banking services
- Completed merger of equals with Brookline Bancorp in September 2025; renamed to Beacon Financial Corporation, ticker changed to BBT
- Loan and lease portfolio surged 84.4% to $18.0 billion, with commercial loans up 69.8% to $14.0 billion post-merger
- Total deposits more than doubled, up 119.2% to $19.5 billion; core deposits rose 112.6% to $13.1 billion after the Transaction
- Net interest income grew 52.6% to $503.1 million with net interest margin rising 50 bps to 3.56%, driving a 31.4% net income increase to $90.3 million
Risk Factors
- Regulatory risk: SBA 7(a) lending program dependency on U.S. federal government funding and guarantees subject to congressional and government shutdown risks
- Macroeconomic risk: 77.4% of loans are commercial real estate/commercial loans, vulnerable to local economic downturns and real estate value declines
- Operational risk: $855.6 million in loan participations with limited monitoring control, increasing exposure to credit losses from lead lenders
- Competitive risk: Rising fintech competition using AI and quantum computing could disrupt Beacon's products and services if innovation lags
- Financial risk: Liquidity dependent on FHLB funding access, with potential impairment of FHLB stock investment affecting financial condition
Management Discussion & Analysis
- Revenue impact from Transaction: total assets up $11.3B (95.0%) to $23.2B; total loans and leases up $8.3B (84.4%) to $18.0B; deposits up $10.6B (119.2%) to $19.5B
- Net income $90.3M, up 31.4% YoY from $68.7M; net interest margin 3.56% vs 3.06%; operating earnings $142.3M vs $72.4M; operating EPS $1.62 vs $0.81
- Best performing segment: consumer loans up $2.5B (161.5%); worst: equipment financing down 10.2%
- Non-interest expense up $147.9M to $389.7M due to merger costs; dividends paid $63.1M, payout ratio 69.92%; no explicit capex or buyback figures disclosed
- Forward outlook: net interest margin expected to increase modestly if yield curve normalizes; risks from rate volatility and deposit mix shifts noted; emphasis on maintaining net interest income and credit risk management
AI summary of the BBT 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Quarterly revenue not disclosed; net income $64.4M vs $22.0M YoY, up 192.5%
- Net interest margin 3.81% vs 3.32% YoY; interest-bearing liability cost 2.63% vs 3.17%
- Commercial real estate largest portfolio at $9.9B, 55.5% of loans; construction weakest, down 42.5% to $357.0M
- Cash, equivalents and available-for-sale securities $3.0B, down $0.8B from December 31, 2025; deposits fell $1.0B
- Outlook: modest margin increase expected; headwinds include deposit migration, rate sensitivity, inflation, tariffs and credit losses
Risk Factors
- No risk-factors section provided in the submitted excerpt
- Excerpt contains Items 2–6, certifications, exhibits, and signatures only
- No newly added or materially updated risk identified from the available text
AI summary of the BBT 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 5.02: Departure/Appointment of Directors or Principal Officers
- John M. Pereira resigning from Beacon Financial and Beacon Bank & Trust boards effective September 30, 2026
- Departure reduces board membership and may affect governance oversight
Item 8.01: Other Events
- Amendment corrects the original 8-K submission header item number
- No substantive changes to the original report
Item 8.01: Other Events
- John M. Pereira resigning from Beacon Financial and Beacon Bank & Trust boards effective September 30, 2026
- Board departure creates governance and succession implications for both parent company and wholly owned bank subsidiary
Item 5.02: Departure/Appointment of Directors or Principal Officers
- CEO Paul A. Perrault retires September 21, 2026, also leaving Company and Bank boards
- Twelve-month transition consulting agreement pays Perrault $120,000 monthly plus 2026 performance bonus and benefits
Item 7.01: Regulation FD Disclosure
- Procedural Regulation FD language only; no substantive investor disclosure in the provided excerpt
- Information furnished under Item 7.01 generally not treated as filed under Exchange Act Section 18
Item EX-99.1: Item EX-99.1
- Sean A. Gray appointed CEO of Beacon Financial and Beacon Bank effective September 21, 2026
- Paul A. Perrault retired after more than five decades, remaining as consultant for one year
AI summaries of BBT 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for BBT
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Carlson Carl M | F | Sep 1, 2026 | 1,314 | $30.39 |
| McCurdy Michael W. | F | Sep 1, 2026 | 1,314 | $30.39 |
| Eagan John Buckley | F | Sep 1, 2026 | 267 | $30.39 |
| Meiklejohn Mark J. | F | Sep 1, 2026 | 963 | $30.39 |
| PERRAULT PAUL A | F | Sep 1, 2026 | 4,333 | $30.39 |
| Levante Gary R. | F | Sep 1, 2026 | 101 | $30.39 |
| SHERMAN MERRILL W | G | Aug 19, 2026 | 23,421 | - |
| SHERMAN MERRILL W | G | Aug 19, 2026 | 23,421 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $42.8M | $43.2M | $29.9M |
| Net Income | $69.6M | $61.0M | $90.3M |
| Net Margin | 162.8% | 141.1% | 301.4% |
| Balance Sheet | |||
| Total Assets | $12.4B | $12.3B | $23.2B |
| Equity | $1.0B | $1.2B | $2.5B |
| ROE | 6.9% | 5.2% | 3.6% |
| Per Share | |||
| EPS | - | $1.43 | $1.03 |
| Cash Flow | |||
| Operating CF | $157.2M | $125.2M | $224.4M |
| CapEx | $1.8M | $4.6M | $12.3M |
Source: XBRL data in Beacon Financial Corp (BBT)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate BBT share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 31 | $1.37B |
| Q1 2026 | 29 | $1.32B |
| Q4 2025 | 29 | $1.10B |
| Q3 2025 | 30 | $994.4M |
| Q2 2025 | 29 | $628.1M |
| Q1 2025 | 27 | $466.3M |
| Q4 2024 | 22 | $432.8M |
| Q3 2024 | 19 | $231.8M |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 216 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
BBT filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Sep 30, 2026 | - | Analysis | - |
| 8-K | Sep 29, 2026 | - | Analysis | - |
| 8-K | Sep 21, 2026 | - | Analysis | - |
| 4 | Sep 2, 2026 | - | - | - |
| 4 | Sep 2, 2026 | - | - | - |
| 4 | Sep 2, 2026 | - | - | - |
| 4 | Sep 2, 2026 | - | - | - |
| 4 | Sep 2, 2026 | - | - | - |
| 4 | Sep 2, 2026 | - | - | - |
| 8-K | Aug 20, 2026 | - | Analysis | - |
| 4 | Aug 19, 2026 | - | - | - |
| 8-K | Aug 13, 2026 | - | Analysis | - |
| 10-Q | Aug 7, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 3, 2026 | - | Analysis | - |
| 8-K | Jul 29, 2026 | - | Analysis | - |
| 8-K | Jul 10, 2026 | - | Analysis | - |
| 4 | Jun 24, 2026 | - | - | - |
| 4 | Jun 24, 2026 | - | - | - |
| 4 | Jun 24, 2026 | - | - | - |
| 4 | Jun 24, 2026 | - | - | - |
| 4 | Jun 24, 2026 | - | - | - |
| 4 | Jun 24, 2026 | - | - | - |
| 4 | Jun 24, 2026 | - | - | - |
| 4 | Jun 24, 2026 | - | - | - |
| 4 | Jun 24, 2026 | - | - | - |
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BBT SEC filings: frequently asked questions
Which institutions hold BBT stock?
As of June 30, 2026, the largest Beacon Financial Corp (BBT) holders among the 13F filers tracked by SignalX were BlackRock ($376.6 million), Vanguard Portfolio Management LLC ($158.7 million), Millennium Management ($157.3 million), State Street Corp ($156.2 million), Dimensional Fund Advisors ($150.9 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was BBT's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Beacon Financial Corp (BBT) reported revenue of $29.9 million (down 30.7% from FY2024) and net income of $90.3 million. Diluted EPS was $1.03. The figures come from the XBRL data in the 10-K.
What are the main risks in BBT's latest 10-K?
In the 10-K filed March 2, 2026, Beacon Financial Corp (BBT) flagged: Regulatory risk: SBA 7(a) lending program dependency on U.S. federal government funding and guarantees subject to congressional and government shutdown risks. Macroeconomic risk: 77.4% of loans are commercial real estate/commercial loans, vulnerable to local economic downturns and real estate value declines. (AI summary of the Risk Factors section.)
What did BBT report in its latest 8-K?
Beacon Financial Corp (BBT) filed an 8-K on September 30, 2026 reporting Item 5.02 (Departure/Appointment of Directors or Principal Officers) and Item 8.01 (Other Events). John M. Pereira resigning from Beacon Financial and Beacon Bank & Trust boards effective September 30, 2026.
What are the latest BBT SEC filings?
Beacon Financial Corp (BBT) filed its latest 10-K annual report on March 2, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on September 30, 2026 and a Form 4 insider filing on September 2, 2026.
What is BBT's SEC CIK number?
Beacon Financial Corp (BBT)'s SEC Central Index Key (CIK) is 1108134. EDGAR lists every BBT filing under that number.
Ask anything about BBT
The research agent reads BBT's filings, financials, insider trades and 13F holders, then answers with sources.