Berkshire Hills Bancorp, Inc. (BHLB)

Market Cap	1.20B
Revenue (ttm)	344.86M
Net Income (ttm)	39.90M
Shares Out	42.16M
EPS (ttm)	0.93
PE Ratio	30.67
Forward PE	12.72
Dividend	$0.72 (2.52%)
Ex-Dividend Date	Nov 14, 2024

Volume	496,523
Open	27.60
Previous Close	27.80
Day's Range	27.60 - 29.05
52-Week Range	20.50 - 32.36
Beta	0.88
Analysts	Hold
Price Target	30.80 (+7.77%)
Earnings Date	Jan 23, 2025

About BHLB

Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides various banking products and 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. In addition, the company provides wealth management services comprisin...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Jun 28, 2000
• Employees: 1,310
• Stock Exchange: NYSE
• Ticker Symbol: BHLB
• Website: https://www.berkshirebank.com

Financial Performance

In 2023, Berkshire Hills Bancorp's revenue was $379.83 million, a decrease of -5.64% compared to the previous year's $402.53 million. Earnings were $69.60 million, a decrease of -24.79%.

Analyst Forecast

According to 5 analysts, the average rating for BHLB stock is "Hold." The 12-month stock price forecast is $30.8, which is an increase of 7.77% from the latest price.

Price Target

$30.8

(7.77% upside)

Analyst Consensus: Hold