{ "ok": true, "cik": "1108134", "ticker": "BBT", "name": "Beacon Financial Corp", "filings": [ { "form": "8-K", "filed": "2026-09-21", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1108134/000119312526396127/0001193125-26-396127-index.htm" }, { "form": "8-K", "filed": "2026-08-20", "items": [ "1.01 Entry into a Material Definitive Agreement", "2.03 Creation of a Direct Financial Obligation", "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1108134/000110465926099244/0001104659-26-099244-index.htm" }, { "form": "8-K", "filed": "2026-08-13", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1108134/000110465926095466/0001104659-26-095466-index.htm" }, { "form": "10-Q", "filed": "2026-08-07", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1108134/000162828026054720/0001628280-26-054720-index.htm" }, { "form": "8-K", "filed": "2026-08-03", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1108134/000117184326005142/0001171843-26-005142-index.htm" }, { "form": "8-K", "filed": "2026-07-29", "items": [ "2.02 Results of Operations and Financial Condition", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1108134/000117184326005016/0001171843-26-005016-index.htm" } ], "events12m": 11, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001108134.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1108134" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up Beacon Financial Corp ($BBT). Last filing: 8-K (5.02 Departure or Election of Directors; Appointment of Officers), 2026-09-21. 11 event filings (8-K) in the past twelve months. Auditor change (8-K Item 4.01) filed 2025-09-10.", "auditor": { "changes": [ { "filed": "2025-09-10", "url": "https://www.sec.gov/Archives/edgar/data/1108134/000110465925089092/0001104659-25-089092-index.htm" } ], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 29947000, "revenueGrowth1y": -0.9251325, "revenueGrowthPerYear": -0.4875961580134225, "yearsOfData": 5, "operatingMargin": null, "operatingMarginPrior": null, "netMargin": 3.014358700370655, "operatingCashFlow": 224444000, "capitalSpending": 12288000, "freeCashFlow": 212156000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 2041745000, "longTermDebt": 788360000, "longTermDebtChange": -0.48128955170458054, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 434414000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 413534000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 411829000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 400000000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 29947000 } ], "totalEquity": 2496061000, "totalAssets": 23220372000, "equityRatio": 0.10749444496410307, "returnOnEquity": 0.03616538217615675, "dividendsPaid": 63119000, "payoutRatio": 0.699216802738421, "dividendPerShare": 0.728, "dividendYearsRising": 1, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 1.03, "sharesOutstanding": 87701567, "bookValuePerShare": 28.46084836773783, "revenuePerShare": 0.34146482240163395, "range80": { "low": 5403166.861745433, "high": 9701993.855304718, "baseline": 7362265.787907662, "n": 749, "band": "b00" }, "ifPaceHeld": { "low": 5403166.861745433, "high": 9701993.855304718 } }, "edgarette": "🔖 Exposure: revenue $29.9M (FY2025), total debt $788.4M. Experience: revenue down 92.5% on the year, down 48.8% a year over 4 years. Soundness: equity 10.7% of assets, return on equity 3.6%, payout 69.9% of profit, dividend per share up 1 year running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $5.4M and $9.7M next year (method v3, set from 749 SEC company-years; on a year the method never saw, 83% landed inside). A range, not a forecast. Against peers (59 filers, $50M+ revenue, its industry group): growth -92.5% against 7.5%.", "peers": { "sic": 6036, "sicDescription": "Savings Institutions, Not Federally Chartered", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "60", "growth": [ 0.0751, 59 ], "equityRatio": [ 0.1056, 58 ], "returnOnEquity": [ 0.0977, 57 ], "payoutRatio": [ 0.3803, 49 ] }, "summary": "Beacon Financial (BBT) saw revenue fall 92.5% in FY2025 to $30 million, equity 10.7% of assets, and dividend per share up 1 year running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
Beacon Financial Corp against its own record and its peers
Revenue, on the yearPeer median 7.5%-92.5%Equity of assetsPeer median 10.6%10.7%Return on equityPeer median 9.8%3.6%Payout of profitPeer median 38.0%69.9%Gold tick: the median of 49–58 peers with $50M+ revenue in savings institutions, not federally chartered
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profit69.9% paid out30.1% keptHanded back per share$0.728up 1 year runningGrowth its own profit can fund1.1%retained x return on equityRevenue growth it managed-92.5%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 13, "hits": 11, "rate": 0.8461538461538461, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-22T14:27:11.982Z", "hash": "ae7047aa164bf68c", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Beacon Financial (BBT) saw revenue fall 92.5% in FY2025 to $30 million, equity 10.7% of assets, and dividend per share up 1 year running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 29947000, "totalDebt": 788360000, "cash": 2041745000 }, "experience": { "revenueGrowth1y": -0.9251325, "revenueGrowthPerYear": -0.4875961580134225, "operatingMargin": null, "operatingMarginPrior": null, "netMargin": 3.014358700370655, "freeCashFlow": 212156000 }, "soundness": { "equityRatio": 0.10749444496410307, "returnOnEquity": 0.03616538217615675, "payoutRatio": 0.699216802738421, "dividendPerShare": 0.728, "dividendYearsRising": 1, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 6036, "sicDescription": "Savings Institutions, Not Federally Chartered", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "60", "growth": [ 0.0751, 59 ], "equityRatio": [ 0.1056, 58 ], "returnOnEquity": [ 0.0977, 57 ], "payoutRatio": [ 0.3803, 49 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": { "filed": "2025-09-10", "url": "https://www.sec.gov/Archives/edgar/data/1108134/000110465925089092/0001104659-25-089092-index.htm" } }, "range": { "low": 5403166.861745433, "high": 9701993.855304718, "baseline": 7362265.787907662, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 749, "sizeBand": "b00" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 13, "hits": 11, "rate": 0.8461538461538461, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-22T14:27:11.982Z", "hash": "ae7047aa164bf68c", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001108134.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1108134" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }