Berkshire Hills Bancorp Stock (NYSE:BHLB)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$30.20

52W Range

$20.50 - $32.00

50D Avg

$27.64

200D Avg

$24.38

Market Cap

$1.29B

Avg Vol (3M)

$270.84K

Beta

0.86

Div Yield

$0.72 (2.39%)

BHLB Company Profile


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.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NYSE

ADR

-

Country

US

Employees

1,310

IPO Date

Jun 28, 2000

Website

BHLB Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Insurance Revenue--$7.00M
Asset Management Fees$10.20M$10.01M$10.53M
Service Charges$24.16M$22.40M$20.25M
Interchange Income$8.39M$8.47M$8.32M

Fiscal year ends in Dec 23 | Currency in USD

BHLB Financial Summary


Dec 23Dec 22Dec 21
Revenue$619.08M$413.53M$381.47M
Operating Income$317.57M$156.48M$149.02M
Net Income$69.60M$92.53M$118.66M
EBITDA$4.82M$171.19M$165.26M
Basic EPS$1.60$2.03$2.41
Diluted EPS$1.60$2.02$2.39

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Oct 24, 24 | 2:08 PM
Q2 24Jul 18, 24 | 2:32 PM
Q1 24Apr 18, 24 | 2:20 PM

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