Beacon Financial Corporation Announces First Quarter Results [Yahoo! Finance]
Berkshire Hills Bancorp, Inc. (BHLB)
Last berkshire hills bancorp, inc. earnings: 1/27 04:15 pm
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Source: Yahoo! Finance
Quarterly Dividend of $0.3225 Board Authorized $50 million Stock Buyback Program BOSTON, April 29, 2026 (GLOBE NEWSWIRE) -- Beacon Financial Corporation (NYSE: BBT) (the “Company”) today announced net income of $46.2 million, or $0.55 per basic and diluted share, for the first quarter of 2026, compared to $53.4 million, or $0.64 per basic and diluted share, for the fourth quarter of 2025, and $19.1 million, or $0.21 per basic and diluted share, for the first quarter of 2025. "The first quarter results reflect near-term pressures and the tail end of merger activity as we completed the core system conversion in February," stated Paul Perrault, the Company's President and Chief Executive Officer. "We remain focused on capturing the full synergies of our merger and executing a strategy that positions the bank for long-term success. We anticipate those actions will translate into stronger financial performance and more robust results as we move through the year.” Presentation of
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