Financial Services -
Banks - Regional - NYSE - US
$ 25.29
-1.44 %
$ 1.17 B
Market Cap
10.28
P/E
1. INTRINSIC VALUE
Balance Sheet
Berkshire Hills Bancorp, Inc.
| Current Assets | 1.23 B |
| Cash & Short-Term Investments | 2.07 B |
| Receivables | 86 M |
| Other Current Assets | -933 M |
| Non-Current Assets | 71.7 M |
| Long-Term Investments | 819 M |
| PP&E | 56.6 M |
| Other Non-Current Assets | -804 M |
| Current Liabilities | 113 M |
| Accounts Payable | 9 M |
| Short-Term Debt | 104 M |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 11 B |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 11 B |
EFFICIENCY
Earnings Waterfall
Berkshire Hills Bancorp, Inc.
| Revenue | 614 M |
| Cost Of Revenue | 175 M |
| Gross Profit | 439 M |
| Operating Expenses | 4.52 M |
| Operating Income | 434 M |
| Other Expenses | 373 M |
| Net Income | 61 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Berkshire Hills Bancorp, Inc.
| Net Income | 61 M |
| Depreciation & Amortization | 11.6 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 8.32 M |
| Change in Working Capital | 2.92 M |
| Others | 44.3 M |
| Free Cash Flow | 121 M |
Wall Street Analysts Price Targets
Berkshire Hills Bancorp, Inc.
BHLB has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.69%
DIVIDEND YIELD
0.18 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Berkshire Hills Bancorp, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
31.5 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Berkshire Hills Announces Quarterly Shareholder Dividend
BOSTON , May 2, 2025 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.18 per common share to shareholders of record at the close of business on May 15, 2025, payable on May 29, 2025. About Berkshire Hills Bancorp Berkshire Hills Bancorp, Inc. (NYSE: BHLB) is the parent company of Berkshire Bank, a relationship-driven, community-focused bank with $12.0 billion in assets and 83 financial centers in New England and New York.
prnewswire.com
- 2 weeks ago
Berkshire Hills Bancorp, Inc (BHLB) Q1 2025 Earnings Call Transcript
Berkshire Hills Bancorp, Inc (NYSE:BHLB ) Q1 2025 Results Conference Call April 24, 2025 9:00 AM ET Company Participants Kevin Conn - Investor Relations Nitin Mhatre - Chief Executive Officer Brett Brbovic - Chief Financial Officer Sean Gray - Chief Operating Officer Conference Call Participants Chris O'Connell - KBW Gregory Zingone - Piper Sandler Operator Good morning, ladies and gentlemen, and welcome to the Berkshire Hills Bancorp First Quarter 2025 Earnings Conference Call. At this time, all lines are in listen-only mode.
seekingalpha.com
- 3 weeks ago
Berkshire Hills (BHLB) Reports Q1 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Berkshire Hills (BHLB) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
- 3 weeks ago
Berkshire Hills Bancorp (BHLB) Q1 Earnings Beat Estimates
Berkshire Hills Bancorp (BHLB) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.49 per share a year ago.
zacks.com
- 3 weeks ago
Berkshire Hills Reports Strong First Quarter 2025 Results
$0.56 GAAP EPS; $0.60 Operating EPS 22% increase in operating EPS year-over-year 5% increase in operating revenue, 6% decrease in operating non-interest expense Y/Y 3.24% net interest margin,10 basis point increase over linked quarter 59.5% efficiency ratio, best result in two years 0.42% delinquent and non-performing loans to total loans, lowest in nearly two decades BOSTON , April 24, 2025 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported results for the first quarter of 2025. These results along with comparison periods are summarized below: ($ in millions, except per share data) Three Months Ended Mar. 31, 2025 Dec. 31, 2024 Mar. 31, 2024 Net income (loss) $ 25.7 $ 19.7 $ (20.2) Per share 0.56 0.46 (0.47) Operating earnings1 27.6 26.0 20.9 Per share 0.60 0.60 0.49 Net interest income, non FTE $ 89.8 $ 86.9 $ 88.1 Net interest income, FTE 91.7 88.8 90.1 Net interest margin, FTE 3.24 % 3.14 % 3.15 % Non-interest income $ 20.7 $ 23.3 $ (32.6) Operating non-interest income1 20.7 23.2 17.3 Non-interest expense 70.4 77.6 76.0 Operating non-interest expense1 67.9 71.0 72.4 Efficiency ratio1 59.5 % 62.4 % 66.3 % Average balances Loans $ 9,389 $ 9,271 $ 9,041 Deposits 9,847 9,659 9,829 Period-end balances Loans 9,429 9,385 9,086 Deposits 9,880 10,375 9,883 1.
prnewswire.com
- 3 weeks ago
Berkshire Hills Announces First Quarter 2025 Earnings Release and Conference Call Schedule
BOSTON , April 4, 2025 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) first quarter 2025 earnings release and conference call are scheduled as follows: Earnings Release: Thursday, April 24, 2025, at approximately 7:30 a.m. (Eastern) Conference Call: Thursday, April 24, 2025, at 9:00 a.m.
prnewswire.com
- 1 month ago
Is Berkshire Hills Bancorp (BHLB) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 1 month ago
Zacks Industry Outlook Banner, Berkshire Hills Bancorp and Heritage Financial
Banner, Berkshire Hills Bancorp and Heritage Financial have been highlighted in this Industry Outlook article.
zacks.com
- 1 month ago
3 Savings & Loan Stocks Worth Buying Amid Industry Challenges
Stocks in the Zacks Savings and Loan industry like BANR, BHLB and HFWA will be affected by weak asset quality. Modest loan demand growth will aid.
zacks.com
- 1 month ago
5 Low-Leverage Stocks to Buy Amid Volatile Market Sentiment
The crux of safe investment lies in choosing a company that is not burdened with debt. You may buy BLFS, BHLB, NVDA, GBX and EZPW.
zacks.com
- 2 months ago
Berkshire Hills Announces Quarterly Shareholder Dividend
BOSTON , Feb. 7, 2025 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.18 per common share to shareholders of record at the close of business on February 20, 2025, payable on March 6, 2025. About Berkshire Hills Bancorp Berkshire Hills Bancorp, Inc. (NYSE: BHLB) is the parent company of Berkshire Bank, a relationship-driven, community-focused bank with $12.3 billion in assets and 83 financial centers in New England and New York.
prnewswire.com
- 3 months ago
8. Profile
Summary
Berkshire Hills Bancorp, Inc. BHLB
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 1.17 B
Dividend Yield
0.69%
Description
Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides various banking products and services. It offers various deposit accounts, including demand deposit, NOW, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts; and loans, such as commercial real estate, commercial and industrial, consumer, and residential mortgage loans. The company also provides wealth management services comprising investment management, trust administration, and financial planning; and investment products, financial planning, and brokerage services. In addition, it offers electronic banking, commercial cash management, online banking, small business banking, asset based lending, and mobile banking services; and debit cards and other electronic fee producing payment services to transaction account customers. The company serves personal, commercial, non-profit, and municipal deposit customers. As of March 14, 2022, it operated 106 full-service branches in Massachusetts, New York, Connecticut, and Vermont. The company also has commercial banking offices in Providence, Rhode Island and New Haven, Connecticut. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.
Contact
60 State Street, Boston, MA, 02109
https://www.berkshirebank.com
IPO
Date
June 28, 2000
Employees
1193
Officers
Mr. Nitin J. Mhatre
President, Chief Executive Officer & Director
Mr. Wm. Gordon Prescott Esq.
Senior EVice President, General Counsel & Corporate Secretary
Mr. James C. Brown
Senior Executive Vice President and Head of Commercial Banking & Private Banking
Mr. James Belliveau
Executive Vice President, Chief Information & Electronic Banking Officer
Mr. Gregory D. Lindenmuth
Senior EVice President & Chief Risk Officer
Ms. Ashlee Picard-Flores
Executive Vice President & Chief Compliance Officer
Mr. Brett Brbovic
Chief Accounting Officer, Executive Vice President & Chief Financial Officer
Mr. Sean A. Gray
Senior EVice President & Chief Operating Officer
Mr. Kevin Conn
Senior Vice President of Investor Relations & Corporate Development
Alison Skratt
Head of Communications