Beacon Financial Corporation (BBT)

NYSE: BBT · Savings Institutions, Not Federally Chartered · Boston, MA · filing with the SEC since 2000

Grade4.4

◀ Past 2.1● Present 5.2▶ Future 6.9

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 2, 2026	Mar 3, 2025	Feb 28, 2024	Mar 1, 2023	Mar 1, 2022	Mar 1, 2021	Feb 28, 2020	Mar 1, 2019	Mar 1, 2018	Mar 1, 2017
Revenue	29,947	16,538^r	16,235^r	40,874	46,103	46,853	49,698	48,653	44,954	43,757
For lenders
Interest and dividend income	832,788	628,521^r	577,287^r	387,257	329,065	409,782	509,513	465,894^r	355,076^r	280,439
Interest expense on deposits and borrowings	329,682	298,936^r	237,576^r	42,660	·	·	·	·	·	·
Net interest income	503,106	329,585^r	339,711^r	344,597	291,166	316,782	365,258	356,200^r	290,963^r	232,267
Provision for credit losses	41,392	21,644	38,207	11,000	-500	75,878	35,419	25,451	21,025	17,362
Net interest income after provision	461,714	307,941^r	301,504^r	333,597	291,666	240,904	329,839	330,749^r	269,938^r	214,905
Noninterest income	49,893	25,615^r	31,934^r	68,937	143,248	66,307	84,002	74,324^r	74,244^r	65,851
Noninterest expense	389,745	241,865^r	239,524^r	288,716	285,893	840,239	289,857	266,893^r	252,978^r	203,302
Interest expense	·	·	207,252	42,660	37,899	93,000	144,255	109,694^r	64,113^r	48,172
Other income (expense), net	·	13,576	2,045	6,973	6,631	2,597	·	·	·	·
Income before income taxes	121,862	91,691^r	93,914^r	113,818	149,021	-533,028	123,984	138,180^r	91,204^r	77,454
Income tax expense	31,591	22,976^r	18,915^r	21,285	30,357	-19,853	22,463	28,961^r	42,088^r	18,784
Income from continuing operations	·	61,003	69,598	92,533	118,664	-513,175	101,521	109,219	49,116	·
Income from discontinued operations	·	·	·	0	0	-19,842	-4,071	-3,454	6,131	·
Net income	90,271	68,715^r	74,999^r	92,533	118,664	-533,017	97,450	105,765	55,247	58,670
Preferred dividends	·	·	·	0	0	313	960	918	219	0
Net income to common shareholders	·	·	·	92,533	118,664	-533,330	96,490	104,847	55,028	58,670
Earnings per share, basic	1.03	0.77^r	0.85^r	2.03	2.41	-10.60	1.98	2.30	1.40	1.89
Earnings per share, diluted	1.03	0.77^r	0.85^r	2.02	2.39	-10.60	1.97	2.29	1.39	1.88
Weighted average shares, basic	87,377,933	88,983,248^r	88,230,681^r	45,564,000	49,240,000	50,270,000	49,263,000	46,024,000	39,456,000	30,988,000
Weighted average shares, diluted	87,701,567	89,302,304^r	88,450,646^r	45,914,000	49,554,000	50,270,000	49,421,000	46,231,000	39,695,000	31,167,000

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaid

us-gaap:ProvisionForLoanLeaseAndOtherLosses
us-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanAndLeaseLosses

Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss

Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome

Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense

Interest expense what its borrowing costus-gaap:InterestExpense

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton BBT · research, not advice