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BBT

BEACON FINANCIAL CORPORATION

In the published model solve dated 2026-Q2, anchored at $31.89, BEACON FINANCIAL CORPORATION (BBT) is priced for 10.1% return on equity. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 25, 2026 from SEC EDGAR filings.

Published model solve
10.1% return on equity
Priced In
elevated

Key Takeaways

• Beacon funds itself almost entirely from customer money, the cheapest and stickiest liability a bank can hold: ⟦Deposits, which are considered the most stable source of liquidity, totaled $19.5 billion as of December 31, 2025 and represented 96.1% of total funding⟧. • The risk concentrates on one side of the loan book, where commercial lending reached $14.0 billion, or 77.4% of total loans and leases, while nonperforming assets climbed to $116.7 million from $70.5 million over the year. • Seco

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Institutional ownership

283 institutional managers reported holding BBT in 13F filings for the quarter ended 2026-03-31. Together they hold about 92% of the company; the top 10 hold 60%. 40 opened new positions that quarter. Held by BlackRock, Vanguard Group, Millennium Management, among others. On the short side, 3.9M shares were sold short as of the 2026-06-15 count, about 5% of shares outstanding (5.6 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

BBT's share count grew 66.6% over the past five years even with $213.86M spent on repurchases. It pays a dividend, and has paid one every year in our records (16 and counting); the current rate is $0.73 a share annually. Cash returned over the past three years: $136.84M in dividends and $27.81M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at BBT over the trailing three years. Absence is a fact about the company, not a signal.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

BBT's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-10+0.1%-10.3%
2023-11-10+2.3%+17.6%
2024-02-29+4.1%+3.6%
2024-05-11+5.7%+4.6%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

BBT's latest 8-K filings: 2026-08-20 (items 1.01, 2.03, 8.01, 9.01); 2026-08-13 (items 7.01, 9.01); 2026-08-03 (items 5.02, 8.01, 9.01); 2026-07-29 (items 2.02, 7.01, 9.01); 2026-07-10 (items 8.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: July 25, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.