Beacon Financial | 10-Q: FY2025 Q3 Revenue: USD 228.51 M

Revenue: As of FY2025 Q3, the actual value is USD 228.51 M.

EPS: As of FY2025 Q3, the actual value is USD -0.57.

EBIT: As of FY2025 Q3, the actual value is USD -204.48 M.

Commercial Real Estate Loans

• Total Loans: $10,212,072 thousand as of September 30, 2025, compared to $5,716,114 thousand as of December 31, 2024.
• Weighted Average Coupon: 5.77% as of September 30, 2025, compared to 5.40% as of December 31, 2024.

Commercial Loans and Leases

• Total Loans: $3,933,712 thousand as of September 30, 2025, compared to $2,506,664 thousand as of December 31, 2024.
• Weighted Average Coupon: 7.22% as of September 30, 2025, compared to 7.40% as of December 31, 2024.

Consumer Loans

• Total Loans: $4,096,123 thousand as of September 30, 2025, compared to $1,556,510 thousand as of December 31, 2024.
• Weighted Average Coupon: 5.17% as of September 30, 2025, compared to 5.38% as of December 31, 2024.

Allowance for Credit Losses

• Total Allowance: $253,735 thousand as of September 30, 2025, compared to $125,083 thousand as of December 31, 2024.
• Provision for Credit Losses: $87,528 thousand for the three months ended September 30, 2025, compared to $4,660 thousand for the same period in 2024.

Cash Flow

• Net Cash Provided from Operating Activities: $57,008 thousand for the nine months ended September 30, 2025, compared to $61,468 thousand for the same period in 2024.
• Net Cash Provided from Investing Activities: $1,940,762 thousand for the nine months ended September 30, 2025, compared to -$51,107 thousand for the same period in 2024.

Future Outlook and Strategy

• Merger Impact: The merger with Brookline Bancorp, Inc. was completed on September 1, 2025, resulting in a significant increase in assets and liabilities, with the fair value of assets acquired totaling $12,142,456 thousand and liabilities assumed totaling $11,044,057 thousand.
• Strategic Focus: The company aims to leverage synergies from the merger to enhance operational efficiencies and expand its market presence.