Berkshire Hills Bancorp IncBHLB

Capital at risk.

Calendar
event
Ex dividend date
20 Feb 2025
event_available
Last Dividend Payment
06 Mar 2025
About Berkshire Hills Bancorp Inc
Ticker
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BHLB
Trading on
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NYSE
ISIN
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US0846801076
Industry
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Banks - Regional
Sector
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Financial Services
CEO
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Nitin J. Mhatre
Headquarters
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60 State Street, Boston, MA, United States, 02109
Employees
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1,193
Website
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berkshirebank.com
Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides commercial and retail banking consumer lending, private banking and wealth management services in the United States. The company provides various deposit accounts, including demand deposit, interest-bearing checking, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts. It offers loans, such as commercial real estate, commercial and industrial, residential mortgage, and consumer loans, as well as residential mortgages and commercial loan participations; and revolving loans, lines of credit, letters of credit, time notes and SBA guaranteed loans. In addition, the company provides wealth management services comprising consultative investment management, trust administration, tax return preparation, and financial planning; and investment products and brokerage services. Further, it offers commercial cash management; online banking and mobile banking; overdraft program; and debit cards and other electronic fee producing payment services to transaction account customers, as well as operates commercial payment processing business. It serves its products to personal, commercial, non-profit, and municipal deposit customers. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.
Metrics
BasicAdvanced
Market cap
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$1.24B
P/E ratio
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18.64
EPS
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$1.43
Dividend Yield
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2.70%
Beta
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0.85
Forward P/E ratio
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11.01
EBIDTA
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-
Ex dividend date
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2025-02-20
Price & volume
Market cap
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$1.24B
Average daily volume
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0.6M
90-day return
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-
30-day return
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-
7-day return
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-
Dividends
Dividend per share
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$0.72
Dividend yield
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2.70%
Forward dividend per share
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$0.72
Forward dividend yield
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2.70%
Payout ratio
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32.43%
Valuation
P/E ratio
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18.64
Forward P/E
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11.01
PEG ratio
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1.74
Trailing P/E
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18.64
Price to sales
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3.29
Price to book
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1.06
Earnings
EPS
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$1.43
EPS estimate (current quarter)
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$0.55
EPS estimate (next quarter)
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$0.52
EBITDA
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-
Revenues (TTM)
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$376M
Revenues per share (TTM)
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$8.85
Technicals
Beta
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0.85
52-week High
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$32.16
52-week Low
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$19.95
50-day moving average
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$28.06
200-day moving average
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$27.16
Short ratio
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4.54
Short %
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7.20%
Management effectiveness
ROE (TTM)
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5.60%
ROA (TTM)
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0.49%
Profit margin
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16.22%
Gross profit margin
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$376M
Operating margin
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27.59%
Growth
Quarterly earnings growth (YoY)
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95.60%
Quarterly revenue growth (YoY)
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42.60%
Share stats
Outstanding Shares
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46.4M
Float
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45.1M
Insiders %
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0.97%
Institutions %
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88.53%
Analyst Insights & forecasts
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34% Buy

66% Hold

0% Sell

Based on information from 6 analysts.

Average price target

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$34.25
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
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Expected
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Surprise
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$0.49
$0.47
4.26%
Q1 • 24Beat
$0.55
$0.52
5.77%
Q2 • 24Beat
$0.58
$0.55
5.45%
Q3 • 24Beat
$0.60
$0.55
9.43%
Q4 • 24Beat
-
-
-
Q1 • 25Current
QuarterlyAnnual
Financial Performance
windowbar_chart_4_bars
Income StatementBalance SheetCash Flow
windowbar_chart_4_bars
Revenue
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Net income
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Profit margin
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$110M
$37.5M
34.23%
Q3 • 24
$110M
$19.7M
17.87%
Q4 • 24
0.38%
47.59%
47.79%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$11.6B
$10.5B
90.78%
Q3 • 24
$12.3B
$11.1B
90.49%
Q4 • 24
5.76%
5.43%
0.32%
QoQ growth
QuarterlyAnnual
Operating
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Investing
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Financing
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Free cash flow
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$-44.3M
$-306M
$-271M
$-43.8M
Q3 • 24
$36.7M
$-122M
$644M
$33.2M
Q4 • 24
182.80%
60.01%
337.78%
175.74%
QoQ growth
QuarterlyAnnual

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a Berkshire Hills Bancorp Inc share?
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Berkshire Hills Bancorp Inc shares are currently traded for undefined per share.

How many shares does Berkshire Hills Bancorp Inc have?
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Berkshire Hills Bancorp Inc currently has 46.4M shares.

Does Berkshire Hills Bancorp Inc pay dividends?
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Yes, Berkshire Hills Bancorp Inc does pay dividends.

What is Berkshire Hills Bancorp Inc 52 week high?
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Berkshire Hills Bancorp Inc 52 week high is $32.16.

What is Berkshire Hills Bancorp Inc 52 week low?
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Berkshire Hills Bancorp Inc 52 week low is $19.95.

What is the 200-day moving average of Berkshire Hills Bancorp Inc?
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Berkshire Hills Bancorp Inc 200-day moving average is $27.16.

Who is Berkshire Hills Bancorp Inc CEO?
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The CEO of Berkshire Hills Bancorp Inc is Nitin J. Mhatre.

How many employees Berkshire Hills Bancorp Inc has?
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Berkshire Hills Bancorp Inc has 1,193 employees.

What is the market cap of Berkshire Hills Bancorp Inc?
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The market cap of Berkshire Hills Bancorp Inc is $1.24B.

What is the P/E of Berkshire Hills Bancorp Inc?
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The current P/E of Berkshire Hills Bancorp Inc is 18.64.

What is the EPS of Berkshire Hills Bancorp Inc?
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The EPS of Berkshire Hills Bancorp Inc is $1.43.

What is the PEG Ratio of Berkshire Hills Bancorp Inc?
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The PEG Ratio of Berkshire Hills Bancorp Inc is 1.74.

What do analysts say about Berkshire Hills Bancorp Inc?
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According to the analysts Berkshire Hills Bancorp Inc is considered a hold.