Beacon Financial Corporation · NYSE:BBT
Beacon Financial — Berkshire Hills Bancorp — Shareholder Meeting (May 2015)
9 slides from Beacon Financial's shareholder meeting presentation, May 7, 2015
Slide 1: Annual Shareholder Meeting May 7, 2015
Annual Shareholder Meeting May 7, 2015
Slide 2: Forward Looking Statements
Forward Looking Statements. This document contains certain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements include statements about anticipated financial results. Forward-looking statements can be identified by the fact that they do not
Slide 3: Who We Are
Who We Are Assets: $7.3 billion Loans: $5.2 billion Deposits: $5.2 billion AUM: $1.4 billion Annualized Revenue: $255 million Branches: 96 plus lending offices Footprint: New England and New York Market Capitalization: $825 million NYSE: BHLB Note: all data pro-forma with Hampden
Slide 4: 2014 Accomplishments
2014 Accomplishments Integrated 20 branch acquisition in Central and Eastern NY Agreed to acquire Hampden Bancorp In-market merger - closed on April 17, 2015 Top 5 deposit market share in Springfield area Expanded commercial banking and wealth management business lines through team recruitment Activ
Slide 5: 2014 Financial Highlights
2014 Financial Highlights Core EPS - $1.80; GAAP EPS - $1.36 Core revenue growth: 17% (4Q14/4Q13) Core EPS growth: 20% (4Q14/4Q13) Total loan growth: 12% (FY14) 15% Commercial Loan Growth 11% Consumer Loan Growth Total deposit growth: 21% (FY14) Fee income growth: 6% (FY14) Note: GAAP EPS net of mer
Slide 6: Shareholder Results
Shareholder Results 3 year total shareholder return: 30% Dividend yield: 2.9% Quarterly dividend increased by 6% in 1Q15 Stock price at 12/31/14: $26.66 Recent 52 week high: $29.30 TBV/share: $17.19 BV/share: $28.17
Slide 7: Our Financial Goals and Objectives
Our Financial Goals and Objectives Return on assets > 1.00% Return on equity > 10% Return on tangible equity >15% Efficiency ratio < 60% Positive Operating Leverage Loan growth Expense management Process improvement Competitive dividend Drive Profitability
Slide 8: The Power of the Franchise
The Power of the Franchise Culture Vision Footprint
Slide 9: Welcome to Berkshire Bank
BHLB NYSE welcome tO BERKSHIREDANK x ux Titers Most Exciting Bank Most Exciting Bank: LEARN MORE Ray Bou Baoan an Milan Lucic Join Berkshire Bank as Spokespersons Life is exciting. Let us help.
Berkshire Hills Bancorp — Shareholder Meeting (May 2015) on 6ix