Slide 1: 2Q 2026 Financial Results
July 30, 2026 2Q 2026 Financial Results 1
Slide 2: Forward Looking Statements
Forward Certain statements contained in this presentation that are not historical facts may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Looking Securities Exchange Act of 1934, as amended, and are intended
Slide 3: Quarterly Highlights
$0.77 $0.3225 $0.77 Quarterly GAAP EPS Quarterly Dividend Per Share Quarterly Operating EPS Highlights Fortress Balance Sheet / Asset Quality Total assets of $22.3 billion. Loans to Deposits of 96%. Total loans of $17.8 billion. NPAs to total assets of 0.70%. Total deposits of $18.5 billion. Reserve
Slide 4: Summary Income Statement
Summary Income Statement Linked Quarter (LQ) Year over Year (YoY) Net Income of $64.4 $m, except per share amts 2Q26 1Q26 Δ %Δ 2Q25 Δ %Δ million or $0.77 per share. Net interest income $ 193.2 $ 190.8 $ 2.4 1% $ 88.7 $ 104.5 118% Noninterest income 26.0 23.9 2.0 9% 6.0 20.0 333% Net interest income
Slide 5: Margin – Yields and Costs
Margin – Yields and Costs 2Q26 Prior Quarter LQΔ Purchase Accounting* $ millions Avg Bal Interest Yield Avg Bal Interest Yield Avg Bal Interest Yield Interest Yield Loans $ 17,807 $ 266.6 5.99% $ 17,975 $ 267.9 5.96% $ (168) $ (1.3) 0.03% $ 8.3 0.19% Investments & earning cash 2,707 28.7 4.24% 2,648
Slide 6: Summary Balance Sheet
Summary Balance Sheet Linked Quarter (LQ) Year over Year (YoY) $m, except per share amts 2Q26 1Q26 Δ 2Q25 Δ %Δ On the balance sheet, total Gross Loans, investment $ 17,822 $ 17,924 $ (102) $ 9,582 $ 8,240 86% assets increased $23 million to $22.3 billion, driven by Allowance for loan losses (238) (2
Slide 7: Loans and Deposits
Loans Loans and Deposits 22% Linked Quarter (LQ) $ millions 2Q26 1Q26 Δ 6% 55% CRE $ 9,884 $ 9,957 $ (73) Commercial 2,950 2,938 12 LOANS 17% Equipment Finance 1,031 1,074 (43) Consumer 3,956 3,955 1 Total Loans $ 17,822 $ 17,924 $ (102) CRE C&I Equipment Consumer Demand deposits $ 3,911 $ 3,861 $ 5
Slide 8: Capital Strength
$0.3225 4.2% 317% ICRE / Total RBC 24% Quarterly Dividend Per Share Current Dividend Yield** 42% payout based on 2Q’26 EPS ** Based on annual dividend of $1.29 and stock price of $30.45 (close 06/30/26) Construction / Total RBC Capital Strength Regulatory BASEL III Beacon Board Capital in Excess of
Slide 9: Outlook
FORWARD LOOKING Outlook Expect loan growth to be in the low single digits for the remainder of Our current Base Case does not Loans the year driven by strong C&I lending. Dependent on economic anticipate changes to the Fed activity. Fund Target Rate for the remainder of 2026. The net interest margin
Slide 10: Appendix
NYSE: BBT APPENDIX Rutland Concord Saratoga Utica Springs Keene Albany Lowell ’cloucester Pittsfield Worcester Beeston Springfield Cape Cod Providence Bay Hartford Fall River yinanam Norwich Nowburely Ne Danbony New Haven London Long Island Stamford Sound Yonkers New Vork City ~BeaconFinancialCorpor
Slide 11: Non Performing Assets and Net Charge Offs
Non Performing Assets and Net Charge Offs Linked Quarter (LQ) Year over Year (YoY) 2Q26 1Q26 Δ 2Q25 Δ The $14.3 million in net charge-offs Non Performing Assets (NPAs), in millions were primarily driven by a Boston CRE $ 77.1 $ 78.1 $ (1.0) $ 2.4 $ 74.7 office loan, a large industrial laundry C&I 66
Slide 12: Major Loan Segments with Industry Breakdown
Major Loan Segments with Industry Breakdown 2Q26 $7,798 $3,784 $2,284 $3,956 Investment CRE 44% Commercial Core 21% Specialty Lending 13% Retail 22% Perm Constr Total % Naics Total % Vertical Total % Call Code Total % Multifamily $ 2,240 $ 160 $ 2,400 31% RE Agent / Broker $ 600 16% ABL $ 788 35% Re
Slide 13: Investment CRE Loan to Value (LTV)
Investment CRE Loan to Value (LTV) 2Q26 Non-Owner Occupied CRE and Multifamily Exposures at June 30, 2026 3% 7% 51% 39% 13
Slide 14: Investment CRE by Maturity
Investment CRE by Maturity 2Q26 Non-Owner Occupied CRE and Multifamily Exposures at June 30, 2026 49% 11% 14% 16% 10% 14
Slide 15: Office Portfolio, includes Construction
Office Portfolio, includes Construction 2Q26 Office Portfolio & Asset Quality Office Portfolio Metrics ● Office CRE portfolio totals ~$1.2B or 6.6% of Total Loans. Rural, 8% 2026, 21% ● Continue to manage the risk of the portfolio with NPLs of ~3.7% and NCOs of ~$3.7MM in 2Q26, which was fully reser
Slide 16: Investment CRE Maturity and Repricing
Investment CRE Maturity and Repricing excludes Construction 2Q26 Rate Type Maturity / Repricing 2026, 9% Fixed to Fixed, Floating, 32% 2027, 21% 17% 2029 & After, 54% Floating, 21% 2028, Fixed via 20% Swap, 26% ● $2.9B of the $7.3B portfolio will mature or reprice within 24 months. ● Well balanced m
Slide 17: Securities Portfolio
Securities Portfolio 2Q26 Current Book Fair Unreal. Book $ in millions Duration Par Value Value G/L Yield U.S. Treasuries $ 375 $ 374 $ 359 $ (15) 2.75% 2.3 Agency Debentures 196 199 186 (13) 2.67% 2.9 Corp Bonds 26 25 25 1 6.69% 0.8 Agency MBS 356 323 310 (12) 3.83% 5.3 Municipals Agency CMO 750 66
Slide 18: Interest Rate Risk
Interest Rate Risk 2Q26 Loan Originations, $850 million, 6.31% coupon Cumulative Net Interest Income Change by Quarter Fixed 6/30/2026 Flat Balance Sheet, simulations reflect a product 13% weighted beta of ~60% on total interest bearing deposits. Adj. Excludes impact of purchase accounting. 13% 1.59
Slide 19: Wealth Management
Wealth Management Assets Under Management $3,413 $ in Millions $3,352 $3,347 $3,338 3Q 2025 4Q 2025 1Q 2026 2Q 2026 Linked Quarter (LQ) $ thousands 2Q26 1Q26 Δ %Δ Asset based revenue $ 4,177 $ 4,061 $ 116 3% Other revenue: Insurance commission revenue 416 344 72 21% Total reported revenue $ 4,593 $
Slide 20: Beacon Financial Corporation
Beacon Financial Corporation NYSE: BBT