Beacon Financial Corporation Announces First Quarter Results
Beacon Financial reported Q1 operating earnings of $58.4 million, or $0.70 per share, alongside a GAAP net income of $46.2 million, or $0.55 per share. The Board of Directors approved a quarterly dividend of $0.3225 per share and authorized a new $50 million stock repurchase program.
Key figures
- Eps
- 0.55
- Revenue
- $190.8 million
- Guidance
- We anticipate those actions will translate into stronger financial performance and more robust results as we move through the year.
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