Beacon Financial Corporation Swing to Q3 Earnings, Revenue Rises; Increases Stock Repurchase Plan

05:12 PM EDT, 10/21/2026 (MT Newswires) -- Beacon Financial Corporation (BBT) reported late Wednesday Q3 earnings of $0.73 per diluted share, swinging from a loss of $0.05 a year earlier. Analysts polled by FactSet expected $0.77. Revenue for the quarter ended Sept. 30, expressed as the sum of net interest income and total non interest income, was $223.2 million, up from $141.2 million a year ago. Analysts expected $223.8 million. The company kept its quarterly dividend at $0.3225, payable Nov. 20, to shareholders of record Nov. 6. Beacon Financial Corporation's Board also approved an increase to its existing stock repurchase program bringing the total authorization up to $125 million.