Beacon Financial (NYSE:BBT) Announces Earnings Results

Posted by George Bondi on Oct 22nd, 2026

Beacon Financial (NYSE:BBT – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.01), FiscalAI reports. The company had revenue of $222.60 million during the quarter. Beacon Financial had a net margin of 8.96% and a return on equity of 9.15%.

Beacon Financial Stock Performance

Shares of NYSE BBT opened at $28.01 on Thursday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $2.35 billion, a P/E ratio of 10.33 and a beta of 0.60. Beacon Financial has a 12 month low of $22.81 and a 12 month high of $32.83. The stock has a 50 day moving average of $29.81 and a 200-day moving average of $30.04.

Beacon Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 20th. Stockholders of record on Friday, November 6th will be paid a dividend of $0.3225 per share. This represents a $1.29 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Friday, November 6th. Beacon Financial’s payout ratio is currently 97.73%.

Institutional Investors Weigh In On Beacon Financial

A number of large investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in Beacon Financial during the second quarter worth $376,552,000. Bank of America Corp DE bought a new position in shares of Beacon Financial in the second quarter valued at about $32,394,000. Walleye Capital LLC acquired a new stake in shares of Beacon Financial during the 2nd quarter worth about $20,265,000. Bank of New York Mellon Corp acquired a new stake in shares of Beacon Financial during the 2nd quarter worth about $16,478,000. Finally, Principal Financial Group Inc. boosted its holdings in shares of Beacon Financial by 1.9% during the 1st quarter. Principal Financial Group Inc. now owns 407,331 shares of the company’s stock worth $12,220,000 after buying an additional 7,443 shares during the period. Institutional investors own 83.07% of the company’s stock.

Analysts Set New Price Targets

BBT has been the topic of a number of analyst reports. Weiss Ratings upgraded Beacon Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 15th. Piper Sandler reissued an “overweight” rating and issued a $36.00 target price (up from $34.00) on shares of Beacon Financial in a research note on Monday, August 3rd. Royal Bank Of Canada lowered their target price on shares of Beacon Financial from $33.00 to $31.00 and set a “sector perform” rating on the stock in a report on Friday, October 9th. Finally, Zacks Research upgraded shares of Beacon Financial from a “strong sell” rating to a “hold” rating in a report on Friday, July 3rd. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $32.50.

Read Our Latest Stock Analysis on BBT

Beacon Financial Company Profile

(Get Free Report)

Truist Financial Corp. operates as a financial holding company, which engages in the provision of banking services to individuals, businesses and municipalities. The firm offers a variety of loans and lease financing to individuals and entities, including insurance premium financing, permanent commercial real estate financing arrangements, loan servicing for third-party investors, direct consumer finance loans to individuals, credit card lending, automobile financing and equipment financing. It also markets a range of other services, including deposits, life insurance, property and casualty insurance, health Truist Financial Corp.