Beacon Financial Corporation
Organization details
- Legal name
- Beacon Financial Corporation
- Former names
- Berkshire Hills Bancorp Inc
- Ownership
- Public
- Status
- Active
- Sector (GICS)
- Financials
- SIC code
- 6036 — Savings Institutions, Not Federally Chartered
- Jurisdiction of incorporation
- Delaware
- Headquarters city
- Boston
- Headquarters state / province
- Massachusetts
- Headquarters country
- United States
- Fiscal year end
- December
- Ticker symbol
- BBT
- Primary stock exchange
- NYSE
Identifiers
- SEC CIK
- 0001108134
- EIN
- 04-3510455
- Wikidata ID
- Q48976878
Board of directors
-
Baye Adofo-Wilson · DirectorSince 2023
-
Bogdan Nowak · DirectorSince 2025
-
David Brunelle · DirectorSince 2023
-
Eric S. Rosengren · DirectorSince 2023
-
Jeffrey W. Kip · DirectorSince 2023
-
Joanne B. Chang · DirectorSince 2025
-
John B. Davies · DirectorSince 2023
-
John M. Pereira · DirectorSince 2025
-
Jonathan I. Shulman · DirectorSince 2023
-
Karyn Polito · DirectorSince 2023
-
Laurie Norton Moffatt · DirectorSince 2023
-
Margaret Boles Fitzgerald · DirectorSince 2025
-
Mary Anne Callahan · DirectorSince 2023
-
Merrill W. Sherman · DirectorSince 2025
-
Michael Zaitzeff · DirectorSince 2023
-
Mihir A. Desai · DirectorSince 2023
-
Nina A. Charnley · DirectorSince 2023
-
Nitin J. Mhatre · Director · President and CEOSince 2023
-
Paul A. Perrault · Director · President and CEOSince 2025
-
Sylvia Maxfield · DirectorSince 2023
-
Thomas J. Hollister · DirectorSince 2025
-
Willard I. Hill Jr. · DirectorSince 2025
-
William H. Hughes III · DirectorSince 2023
Chief executives
Outstanding · grade A+
Out of 100, from shareholder return, dividends, growth and acquisitions.
Partial: only 50% of the scoring weight is on file.
- Dividends 15%
- 100
- Revenue growth 20%
- 100
- Earnings growth 15%
- 100
dividend grew 34.8% a year
81.1% a year in revenue
33.8% a year in earnings per share
50% of the scoring weight is on file. Figures cover December 2024 – December 2025.
Director election results
Annual meeting of May 13, 2026. Support is votes for as a share of votes for and against (or withheld). Below 80% is a clear protest.
-
93.3%
-
95.1%
-
95.1%
-
95.4%
-
95.5%
-
95.6%
-
95.6%
-
95.6%
-
95.6%
-
95.6%
-
95.7%
-
95.7%
-
95.8%
-
95.8%
-
95.8%
-
95.8%
Board connections
2 of this board's directors also sit on 2 other boards. 1 is in the same sector.
- via Karyn Polito
-
Hyperliquid Strategies Inc Same sectorvia Eric S. Rosengren
Insider trades
All notable trades →From SEC Forms 4 and 5. Open-market purchases and sales are highlighted; grants, option exercises and shares withheld for tax are routine.
- Bought, last 12 months
- $280,472
- 7 purchases by 7 insiders
- Sold, last 12 months
- $557,637
- 2 sales by 2 insiders
| Date | Insider | Transaction | Shares | Price | Value |
|---|---|---|---|---|---|
| Oct 30, 2026 | Nina A. Charnley Director | Open-market purchase | +350 | $30.57 | $10,700 |
| Oct 29, 2026 | William H. Hughes III Director | Open-market purchase | +200 | $30.73 | $6,146 |
| Oct 28, 2026 | Eric S. Rosengren Director | Open-market purchase | +700 | $30.24 | $21,168 |
| Oct 28, 2026 | Mary Anne Callahan Director | Open-market purchase | +3,200 | $30.21 | $96,672 |
| Oct 27, 2026 | Margaret Boles Fitzgerald Director | Open-market purchase | +329 | $30.77 | $10,123 |
| Oct 26, 2026 | Thomas J. Hollister Director | Open-market purchase | +3,450 | $30.43 | $104,984 |
| Oct 26, 2026 | Eagan John Buckley Officer (General Counsel) | Open-market sale | −641 | $30.61 | $19,621 |
| Oct 26, 2026 | Gray Sean Officer (Chief Operations Officer) | Grant or award | +8,912 | — | — |
| Oct 26, 2026 | Karyn Polito Director | Open-market purchase | +1,000 | $30.68 | $30,680 |
| Sep 1, 2026 | Levante Gary R. Officer (Chief Marketing Officer) | Shares withheld for tax | −101 | $30.39 | $3,069 |
| Sep 1, 2026 | Eagan John Buckley Officer (General Counsel) | Shares withheld for tax | −267 | $30.39 | $8,114 |
| Sep 1, 2026 | Carlson Carl M Officer (CFO & Chief Strategy Officer) | Shares withheld for tax | −1,314 | $30.39 | $39,932 |
| Sep 1, 2026 | Paul A. Perrault Director, Officer (President and CEO) | Shares withheld for tax | −4,333 | $30.39 | $131,680 |
| Sep 1, 2026 | Meiklejohn Mark J. Officer (Chief Credit Officer) | Shares withheld for tax | −963 | $30.39 | $29,266 |
| Sep 1, 2026 | McCurdy Michael W. Officer (Chief Banking Officer) | Shares withheld for tax | −1,314 | $30.39 | $39,932 |
Peers
Compare boardsOrganizations in the same sector, closest in location and size first.
Questions about Beacon Financial Corporation
Who is the CEO of Beacon Financial Corporation?
Paul A. Perrault has been Beacon Financial Corporation's President and CEO since September 2025.
How many directors are on Beacon Financial Corporation's board?
Beacon Financial Corporation's board has 23 directors: Baye Adofo-Wilson, Bogdan Nowak, David Brunelle, Eric S. Rosengren, Jeffrey W. Kip, Joanne B. Chang, John B. Davies, John M. Pereira, Jonathan I. Shulman, Karyn Polito and 13 others.
Are Beacon Financial Corporation insiders buying or selling shares?
Over the last 12 months, Beacon Financial Corporation insiders bought $280,472 of shares in 7 purchases and sold $557,637 of shares in 2 sales on the open market, as reported to the SEC on Forms 4 and 5.
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