Berkshire Hills Bancorp INC

Market Movers (8-K)

Beacon Financial Corporation announced the retirement of its General Counsel and Corporate Secretary, Wm. Gordon Prescott, and the appointment of John B. Eagan to the role, effective August 1, 2026, alongside the adoption of a new 'Good Leaver' policy for equity awards.
Beacon Financial Corporation announced a change in its director removal policy, aligning with Delaware law and proposing a charter amendment.
Beacon Financial Corporation shareholders elected 16 directors, ratified KPMG as auditors, and approved executive compensation.
Beacon Financial Corporation announced its first quarter 2026 results, reporting net income of $46.2 million and approving a regular quarterly dividend.
Worse than expected
Beacon Financial Corporation reported a significant turnaround in Q4 2025, achieving $53.4 million in net income and $0.64 EPS, driven by merger synergies and improved operating performance.
Delay expected
Better than expected
Beacon Financial Corporation, formerly Berkshire Hills Bancorp, Inc., completed its merger of equals with Brookline Bancorp, Inc. and filed pro forma financial information.

Quarterly Earnings (10-Q)

Beacon Financial Corporation announced a significant increase in net income for the first quarter of 2026, driven by higher net interest income and non-interest income.
Better than expected
Beacon Financial Corporation reported a net loss for Q3 2025 and the nine-month period, primarily driven by significant merger and restructuring expenses and increased credit loss provisions following its merger with Brookline Bancorp, Inc.
Capital raise
Worse than expected
Berkshire Hills Bancorp, Inc. reported a significant increase in net income and operating earnings per share for the second quarter and first half of 2025, driven by revenue growth and expense reductions.
Better than expected
Capital raise
Berkshire Hills Bancorp reports a strong first quarter with net income rebounding to $25.7 million, fueled by strategic initiatives and improved operating efficiency.
Better than expected
Capital raise
Berkshire Hills Bancorp's third-quarter earnings surged, fueled by a significant gain from a branch sale and improved operating results.
Better than expected
Berkshire Hills Bancorp's second quarter earnings saw a slight increase year-over-year, driven by expense reductions and share repurchases, while first-half results were impacted by a significant loss on securities sales.
Worse than expected

Annual Reports (10-K)

Beacon Financial Corporation reports substantial growth in assets, loans, and deposits following its merger with Brookline Bancorp, Inc., despite increased nonperforming assets and merger-related expenses.
Capital raise
Berkshire Hills Bancorp files an amendment to its annual report to include Part III information due to a pending merger with Brookline Bancorp, detailing director and executive compensation, governance practices, and related transactions.
Better than expected
Berkshire Hills Bancorp announces its 2024 financial results, highlighting strategic initiatives and providing updates on its pending merger with Brookline Bancorp.
Worse than expected
Capital raise
Berkshire Hills Bancorp's 2023 annual report reveals a decrease in net income compared to 2022, influenced by strategic investments and a challenging economic environment.
Worse than expected

Insider Trading (Form 4)

Paul A. Perrault, President and CEO of Beacon Financial Corp, received a grant of restricted stock shares.
Michael W. McCurdy, Chief Banking Officer at Beacon Financial Corp, received grants of restricted stock, with details on vesting and performance metrics.
Mark J. Meiklejohn, Chief Credit Officer at Beacon Financial Corp, reports the acquisition of restricted stock and performance-based restricted stock under company incentive plans.
Beacon Financial Corp executive Gary R. Levante received grants of restricted stock under the company's incentive plan.
Beacon Financial Corp reports a Form 4 filing detailing director Eric S. Rosengren's acquisition of 2,509 common stock shares.
Beacon Financial Corp reports that Director John M. Pereira acquired 2,509 shares of common stock under an incentive plan.

Proxy Statements (Def-14A)

Beacon Financial Corporation invites stockholders to its 2026 Annual Meeting following the 2025 merger of equals.
Berkshire Hills Bancorp provides supplemental information to stockholders regarding its 2025 Stock Option and Incentive Plan (Proposal 3) in response to an unfavorable recommendation from Institutional Shareholder Services (ISS) due to concerns about shareholder value transfer.
Worse than expected
Berkshire Hills Bancorp invites shareholders to its 2024 Annual Meeting on May 16, 2024, and provides details on director nominees, executive compensation, and corporate governance.
Worse than expected

Schedule 13G - Passive Investments

Vanguard Capital Management has reported beneficial ownership of 5.25% of Beacon Financial Corp's common stock as of March 31, 2026.
Vanguard Portfolio Management has reported beneficial ownership of 6.19% of Beacon Financial Corp's common stock as of March 31, 2026.
Millennium Management LLC and affiliated entities have reported a significant beneficial ownership stake of 5.6% in Beacon Financial Corporation.
The Vanguard Group reports zero beneficial ownership in Beacon Financial Corp following an internal realignment that disaggregated reporting responsibilities.
Worse than expected
Fuller & Thaler Asset Management, Inc. has reported a 5.90% passive ownership stake in Berkshire Hills Bancorp Inc., holding 2,734,139.58 shares of common stock.
State Street Corporation has disclosed a 5.2% beneficial ownership stake in Berkshire Hills Bancorp Inc., holding 2,393,791 common shares.