Beacon Financial FY26 Q2 net income rises 39.39% to $64.4 million; EPS climbs to $0.77

Bitget

News

Reuters2026/07/29 20:26

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Beacon Financial posted Q2 2026 net income of USD 64.4 million, or USD 0.77 a share, up from USD 46.2 million, or USD 0.55, in Q1 2026.
Net interest income rose to USD 193.2 million; net interest margin widened 3 basis points to 3.81%.
Non-interest income increased to USD 26 million, while non-interest expense fell to USD 127.3 million as merger and restructuring costs ended.
Provision for credit losses declined to USD 5 million from USD 7.9 million; nonperforming assets edged up to USD 155.2 million.
Board declared a quarterly dividend of USD 0.3225 per share, payable Aug. 28 to holders of record Aug. 14.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beacon Financial Corporation published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Beacon Financial FY26 Q2 net income rises 39.39% to $64.4 million; EPS climbs to $0.77

You may also like

Crypto prices