Business Summary
Berkshire Hills Bancorp (now rebranded as Beacon Financial Corporation, ticker BBT) is a New England-based bank holding company that completed a "merger of equals" with Brookline Bancorp on September 1, 2025. The combined entity operates as Beacon Bank & Trust with 147 banking offices across New England and New York, offering commercial and retail banking, equipment finance, SBA lending, payroll processing, and wealth management. As of December 31, 2025, the company held $18.0 billion in loans and $19.5 billion in deposits.
Products & Services
- Commercial Banking: Commercial real estate, multi-family, and C&I lending (commercial loans represent 77.4% or $14.0 billion of the total loan portfolio)
- Retail Banking: Consumer deposits, residential mortgages, home equity, and consumer loans across 147 branches
- Equipment Finance: Niche small-business equipment lending through the Eastern Funding subsidiary, targeting laundries, fitness centers, and tow truck operators
- SBA Lending: SBA 7A...
AI-generated summary of Item 1 (Business) from the 10-K filed Mar 2, 2026 — View filing on SEC.gov. May contain errors — refer to the filing for authoritative information.
Across SEC filings
Institutional holders · 13F
Q2 2026| Largest holders | Reported value |
|---|---|
| BlackRock Inc | $376.6M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $158.7M |
| MILLENNIUM MANAGEMENT LLC | $157.3M |
| STATE STREET CORPORATION | $156.2M |
| DIMENSIONAL FUND ADVISORS LP | $150.9M |
Annual results · 10-K
Fiscal 2025- Revenue
- $29.9M
- Net income
- $90.3M
As reported in the fiscal 2025 annual report.
Funds & ETFs · N-PORT
Insider trades · Form 4
Latest filings
- Nina A Charnley 2026-10-30 Buy
- Mary Anne Callahan 2026-10-29 Buy
- Eric S Rosengren 2026-10-28 Buy
- Margaret Boles Fitzgerald 2026-10-28 Buy
- Karyn Polito 2026-10-28 Buy
5%+ holders · 13D/G
4 filers| Filer | % of class | Filed |
|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G | 5.3% | 2026-04-29 |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G | 6.2% | 2026-04-29 |
| STATE STREET CORPORATION 13G | 5.2% | 2025-08-11 |
| BlackRock Inc 13G | 14.6% | 2025-04-25 |
Latest Schedule 13D or 13G from each filer; stakes a filer has reported closed are left out.
Securities
| CUSIP | Security | Type |
|---|---|---|
| 084680107 | BHLB BERKSHIRE HILLS BANCORP INC | Common stock |