Beacon Financial Corporation (BBT) Receives a Buy from KBW

KBW analyst David Konrad maintained a Buy rating on Beacon Financial Corporation today and set a price target of $33.00.

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According to TipRanks, Konrad is a 5-star analyst with an average return of 23.4% and a 79.47% success rate. Konrad covers the Financial sector, focusing on stocks such as Metropolitan Bank Holding, Commerce Bancshares, and State Street.

In addition to KBW, Beacon Financial Corporation also received a Buy from Piper Sandler’s Justin Crowley in a report issued yesterday. However, on the same day, Raymond James downgraded Beacon Financial Corporation (NYSE: BBT) to a Hold.

Based on Beacon Financial Corporation’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $309.65 million and a net profit of $53.37 million. In comparison, last year the company earned a revenue of $160.77 million and had a net profit of $19.66 million

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BBT in relation to earlier this year. Most recently, in February 2026, Michael W. McCurdy, the Chief Banking Officer of BBT sold 17,333.00 shares for a total of $538,016.32.