Beacon Financial Corporation
Price
Key statistics
- Forward rate
- $1.29
- Yield
- 4.28%
- Payout ratio
- 119.25%
- Frequency
- Quarterly
- 2026-05-15$0.32
Beacon Financial Corporation is a regional bank holding company that operates through its principal subsidiary, Beacon Bank & Trust. Formed from the merger of Berkshire Hills Bancorp and Brookline Bancorp in 2025, Beacon Financial serves a broad geographic area including New England and New York with over 145 branch offices. The company offers a diverse range of banking services such as deposit products, commercial lending, asset-based lending, retail and consumer banking, and residential mortgage services. With assets totaling approximately $12.1 billion and deposits of around $10.3 billion post-merger, Beacon Financial plays a significant role in the regional financial market by providing comprehensive banking solutions tailored to both individual and business clients. Headquartered in Boston, Massachusetts, it represents a substantial regional banking franchise focused on community banking and local economic development.
- Sector
- Financial Services
- Industry
- Banks - Regional
- CEO
- Mr. Paul A. Perrault
- Employees
- 1,972
- Headquarters
- Boston, MA, United States