For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Non-interest income, fees-Deposit Account | 8,347 | 5,354* | 5,005 | |
| Non-interest income, fees-Financial Service Other | 2,366 | 1,046* | 1,004 | |
| Non-interest income, fees-Wealth Management Fees | 4,464 | 2,350* | 2,466 | |
| Loan level derivative income | 775 | -483* | 635 | |
| Gain on sales of investment securities, net | - | 0* | - | |
| Gain on sales of loans and leases | - | 1,404* | - | |
| Gain on sales of loans and leases held-for-sale | 2,689 | - | 1,175 | |
| Other | 5,306 | 3,187* | 2,060 | |
| Total non-interest income | 23,947 | 12,858* | 12,345 | |
| Loans and leases | 266,935 | 404,188* | 198,273 | |
| Debt securities | 16,510 | 7,823* | 10,984 | |
| Restricted equity securities | 843 | 493* | 1,466 | |
| Short-term investments | 8,096 | 3,254* | 5,438 | |
| Total interest and dividend income | 292,384 | 415,758* | 216,161 | |
| Deposits | 93,056 | 64,797* | 71,901 | |
| Borrowed funds | 8,554 | 14,220* | 11,654 | |
| Total interest expense | 101,610 | 79,017* | 83,555 | |
| Net interest income | 190,774 | 336,741* | 132,606 | |
| Provision for credit losses on loans | - | - | 87,496 | |
| Provision for credit losses on loans and unfunded commitments | - | 10,345* | - | |
| Provision for credit losses on loans | 7,899 | - | - | |
| Provision for credit gaines on investments | 47 | -84* | 32 | |
| Net interest income after provision for credit losses | 182,828 | 326,480* | 45,078 | |
| Compensation and employee benefits | 69,650 | 41,206* | 49,999 | |
| Occupancy | 13,097 | 9,105* | 6,921 | |
| Equipment and data processing | 20,127 | 11,387* | 11,110 | |
| Professional services | 2,462 | 1,747* | 2,114 | |
| Fdic insurance | 4,320 | 1,899* | 1,971 | |
| Advertising and marketing | 1,679 | 1,230* | 1,583 | |
| Amortization of identified intangible assets | 8,328 | 4,464* | 3,587 | |
| Merger and restructuring expense | 13,025 | -75,892* | 45,863 | |
| Other | 8,134 | 6,711* | 6,148 | |
| Total non-interest expense | 140,822 | 1,857* | 129,296 | |
| Income before provision for income taxes | 65,953 | 337,481* | -71,873 | |
| Provision for income taxes | 19,736 | 96,490* | -21,633 | |
| Net income | 46,217 | 240,991 | -50,240 | |
| Basic EPS | 0.55 | 2.762 | -0.57 | |
| Diluted EPS | 0.55 | 2.742 | -0.57 | |
| Basic Average Shares | 83,816,086 | 87,247,349 | 87,508,517 | |
| Diluted Average Shares | 83,903,440 | 87,894,617 | 87,508,517 | |
Beacon Financial Corp (BBT)
Beacon Financial Corp (BBT)