In fiscal 2025, which ended Dec 31, 2025, Beacon Financial Corp reported revenue of $29.9 million, up 81.1% from the year before. Net income was $90.3 million, a profit margin of 301.4%. Diluted earnings per share were $1.03. Across the 10 fiscal years shown, revenue shrank from $298.1 million in fiscal 2016 to $29.9 million in fiscal 2025, about 22.5% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
FY 2016
Dec 31, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
30
+81.1%
|
17
+1.9%
|
16
-60.3%
|
41
-11.3%
|
46
-1.6%
|
47
-5.7%
|
50
+2.1%
|
49
-86.7%
|
365
+22.5%
|
298
+11.2%
|
| Selling, general and administrative |
—
|
5
-15.9%
|
5
+5.4%
|
5
+85.6%
|
3
-25.8%
|
4
-17.2%
|
4
-4.7%
|
5
-28.0%
|
7
+106.5%
|
3
-4.4%
|
| Pretax income |
122
+32.9%
|
92
-2.4%
|
94
-17.5%
|
114
-23.6%
|
149
+128.0%
|
-533
-529.9%
|
124
-10.3%
|
138
+51.5%
|
91
+17.8%
|
77
+41.9%
|
| Income tax |
32
+37.5%
|
23
+21.5%
|
19
-11.1%
|
21
-29.9%
|
30
|
—
|
22
-22.4%
|
29
-31.2%
|
42
+124.1%
|
19
+270.9%
|
| Net income |
90
+31.4%
|
69
-8.4%
|
75
-18.9%
|
93
-22.0%
|
119
+122.3%
|
-533
-647.0%
|
97
-7.9%
|
106
+91.4%
|
55
-5.8%
|
59
+18.5%
|
| Basic EPS |
1.03
+33.8%
|
0.77
-9.4%
|
0.85
-58.1%
|
2.03
-15.8%
|
2.41
+122.7%
|
-10.60
-635.4%
|
1.98
-13.9%
|
2.30
+64.3%
|
1.40
-25.9%
|
1.89
+8.6%
|
| Diluted EPS |
1.03
+33.8%
|
0.77
-9.4%
|
0.85
-57.9%
|
2.02
-15.5%
|
2.39
+122.5%
|
-10.60
-638.1%
|
1.97
-14.0%
|
2.29
+64.7%
|
1.39
-26.1%
|
1.88
+8.7%
|
| Weighted average shares, basic |
87
-1.8%
|
89
+0.9%
|
88
+93.6%
|
46
-7.5%
|
49
-2.0%
|
50
+2.0%
|
49
+7.0%
|
46
+16.6%
|
39
+27.3%
|
31
+9.1%
|
| Weighted average shares, diluted |
88
-1.8%
|
89
+1.0%
|
88
+92.6%
|
46
-7.3%
|
50
-1.4%
|
50
+1.7%
|
49
+6.9%
|
46
+16.5%
|
40
+27.4%
|
31
+9.1%
|
| Other measures | ||||||||||
| Depreciation and amortization |
10
+25.0%
|
8
-4.8%
|
8
-12.5%
|
10
|
—
|
—
|
11
+4.6%
|
10
+9.9%
|
9
+13.2%
|
8
-2.3%
|
| Margins | ||||||||||
| Pretax margin |
406.93%
|
554.43%
|
578.47%
|
278.46%
|
323.23%
|
-1,137.66%
|
249.47%
|
284.01%
|
24.97%
|
25.98%
|
| Profit margin |
301.44%
|
415.50%
|
461.96%
|
226.39%
|
257.39%
|
-1,137.64%
|
196.08%
|
217.39%
|
15.13%
|
19.68%
|
| Effective tax rate |
25.92%
|
25.06%
|
20.14%
|
18.70%
|
20.37%
|
—
|
18.12%
|
20.96%
|
46.15%
|
24.25%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Savings Institutions, Not Federally Chartered (SIC 6036)
- Listed as
- BBT (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Boston, MA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1108134
- Former names
- BERKSHIRE HILLS BANCORP INC (until Aug 25, 2025)
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All 40 Savings Institutions, Not Federally Chartered companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.