Beacon Financial Corporation Announces Third Quarter Results and Share Buyback Approval
BBT Beacon Financial Corp
$30.07 +0.40%
View chart & analysis → - 1Beacon Financial Corporation recorded GAAP earnings per share of $0.73 for the third quarter.
- 2Beacon Financial Corporation achieved an investor commercial real estate ratio of 295% relative to risk-based capital in the third quarter.
- 3The board approved a total share buyback amount of $125,000,000 for Beacon Financial Corporation.
So what's the key point?
Beacon Financial Corporation earned $0.73 per share in the third quarter. The company decided to buy back its own shares, which is significant for investors.
Source The Motley Fool +1 · View original ↗
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