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| Sector | Financial Services |
|---|---|
| Industry | Banks - Regional |
| Exchange | NYSE |
| CurrencyCode | USD |
| ISIN | US0846801076 |
| Market Cap | 2B |
|---|---|
| PE Ratio | 28.41 |
| Dividend Yield | 3.1% |
| Target Price | 34.5714 |
| Beta | 0.92 |
Beacon Financial Corporation operates as the bank holding company for Beacon Bank & Trust that provides various banking services in New England, New York, the United States, and internationally. The company accepts commercial, municipal, and retail deposits. It originates mortgage loans on commercial and residential real estate, as well as commercial loans and leases. The company is also involved in investment in debt and equity securities and offers cash management, trust, and investment advisory services. In addition, it provides specialty equipment financing and SBA lending, online and mobile banking services, as well as wealth management services to individuals, families, endowments, and foundations. The company was founded in 1846 and is headquartered in Boston, Massachusetts.
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