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Beacon Financial reports Q3 EPS of $0.73, raises buyback authorization to $125M

Beacon Financial reported Q3 net income of $61.2M and operating EPS of $0.77. The board also declared a $0.3225 dividend.

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Beacon Financial Corporation reported Q3 net income of $61.2M, or EPS of $0.73, compared with $64.4M in Q2. Operating EPS was $0.77. The board increased the buyback authorization to $125M and declared a dividend of $0.3225.