Beacon Financial FY26 Q2 net income rises 39.39% to $64.4 million; EPS climbs to $0.77 - BBT News | RalliesBeacon Financial FY26 Q2 net income rises 39.39% to $64.4 million; EPS climbs to $0.77
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BBT• Quarterly results improve as costs fall
- Beacon Financial posted Q2 2026 net income of $64.4 million, or $0.77 a share, up from $46.2 million, or $0.55, in Q1 2026.
- Net interest income rose to $193.2 million; net interest margin widened 3 basis points to 3.81%.
- Non-interest income increased to $26 million, while non-interest expense fell to $127.3 million as merger and restructuring costs ended.
- Provision for credit losses declined to $5 million from $7.9 million; nonperforming assets edged up to $155.2 million.
- The board declared a quarterly dividend of $0.3225 per share, payable Aug. 28 to holders of record Aug. 14.
