Beacon Financial director Thomas Hollister buys $104,983 in stock

Thomas J. Hollister, a director at Beacon Financial Corp (NASDAQ:BBT), recently increased his holdings in the company. On October 26, 2026, Mr. Hollister purchased 3,450 shares of common stock.

The shares were acquired at a price of $30.43 per share, totaling $104,983. The purchase comes as the stock has surged nearly 10% over the past week, with shares currently trading at $30.87. According to InvestingPro analysis, the stock appears overvalued relative to its Fair Value, though an InvestingPro Tip highlights the company’s high shareholder yield. Investors seeking deeper insights can access BBT’s comprehensive Pro Research Report, one of 1,400+ available for US equities on the platform. Following this transaction, Mr. Hollister directly holds 28,876 shares of Beacon Financial common stock. These direct holdings include shares of restricted stock granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan. Additionally, Mr. Hollister indirectly owns 7,476 shares through his individual retirement account (IRA).

In other recent news, Beacon Financial Corp. reported third-quarter earnings that narrowly missed Wall Street expectations. The company posted adjusted earnings of $0.77 per share, slightly below the forecasted $0.78 per share. Revenue also came in just under estimates at $223.15 million, compared to the anticipated $223.81 million. Despite these minor shortfalls, investors appeared to focus on the bank’s improving balance sheet, higher capital returns, and steady core profitability. These positive aspects contributed to a favorable market response. The earnings report indicates that Beacon Financial is making progress on strategic goals, which may have bolstered investor confidence. There were no recent analyst upgrades or downgrades reported for the company.