Berkshire Hills Bancorp, Inc. (BHLB)

NYSE: BHLB · Real-Time Price · USD
25.69
+0.40 (1.58%)
May 8, 2025, 4:00 PM EDT - Market closed
1.58%
Market Cap 1.17B
Revenue (ttm) 431.40M
Net Income (ttm) 106.91M
Shares Out 45.58M
EPS (ttm) 2.46
PE Ratio 10.43
Forward PE 8.90
Dividend $0.72 (2.80%)
Ex-Dividend Date May 15, 2025
Volume 511,132
Open 25.40
Previous Close 25.29
Day's Range 25.40 - 25.85
52-Week Range 20.76 - 32.36
Beta 0.54
Analysts Hold
Price Target 32.70 (+27.29%)
Earnings Date Apr 24, 2025

About BHLB

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 re... [Read more]

Sector Financials
IPO Date Jun 28, 2000
Employees 1,238
Stock Exchange NYSE
Ticker Symbol BHLB
Full Company Profile

Financial Performance

In 2024, Berkshire Hills Bancorp's revenue was $376.00 million, a decrease of -1.01% compared to the previous year's $379.83 million. Earnings were $61.00 million, a decrease of -12.35%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for BHLB stock is "Hold." The 12-month stock price forecast is $32.7, which is an increase of 27.29% from the latest price.

Price Target
$32.7
(27.29% upside)
Analyst Consensus: Hold
Stock Forecasts

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 sharehol...

6 days ago - PRNewsWire

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 Br...

14 days ago - Seeking Alpha

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 ...

14 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

Berkshire Hills Bancorp, Inc. (BHLB) Q4 2024 Earnings Call Transcript

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Q4 2024 Results Conference Call January 30, 2025 9:00 AM ET Company Participants Kevin Conn - Investor Relations Nitin Mhatre - Chief Executive Officer Sean ...

3 months ago - Seeking Alpha

Berkshire Hills Reports Strong Fourth Quarter Operating Results

$0.46 GAAP EPS; $0.60 Operating EPS Operating EPS growth of 3% quarter-over-quarter and 28% year-over-year; FY2024 Operating EPS of $2.22 up 4% year-over-year Average deposit growth of 3% and Average ...

3 months ago - PRNewsWire

Berkshire Hills Announces Fourth Quarter 2024 Earnings Release and Conference Call Schedule

BOSTON , Jan. 10, 2025 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) fourth quarter 2024 earnings release and conference call are scheduled as follows: Earnings Release:      Thursday...

4 months ago - PRNewsWire

KBRA Comments on Merger Agreement Between Berkshire Hills Bancorp, Inc. and Brookline Bancorp, Inc.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--On December 16, 2024, Berkshire Hills Bancorp, Inc. (NYSE: BHLB)(KBRA senior unsecured debt rating: BBB / Stable Outlook), the parent company of Berksh...

Other symbols: BRKL
5 months ago - Business Wire

Berkshire Hills Bancorp and Brookline to merge in $1.1 bln deal

Regional lenders Berkshire Hills Bancorp and Brookline Bancorp have agreed to merge in an all-stock deal valued at about $1.1 billion, the companies said on Monday.

5 months ago - Reuters

Berkshire Hills Bancorp, Inc. and Brookline Bancorp, Inc. announce a Merger of Equals to create a Premier Northeast Banking Franchise

Combination increases scale with $24 billion in assets, 148 branch offices and a longstanding history of serving clients and communities Highly compatible cultures, deep community ties and operating p...

Other symbols: BRKL
5 months ago - PRNewsWire

Boston-based banks Berkshire Hills and Brookline in talks to combine, WSJ reports

Boston-based regional banks Berkshire Hills Bancorp and Brookline Bancorp are in merger talks, the Wall Street Journal reported on Saturday, citing people familiar with the matter.

Other symbols: BRKL
5 months ago - Reuters

Berkshire Hills Bancorp, Inc. (BHLB) Q3 2024 Earnings Call Transcript

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Kevin Conn - Investor Relations Officer Nitin Mhatre - Chief Executive Offi...

7 months ago - Seeking Alpha

Berkshire Hills Reports Higher Third Quarter Net Income of $37.5 million, or $0.88 Per Share

Operating EPS of $0.58 increased 5% linked quarter and 16% year-over-year $16 million non-operating gain on branch sale ($0.30 per share after tax) Operating revenue up 1% linked quarter and 2% year-o...

7 months ago - PRNewsWire

Berkshire Hills Announces Third Quarter 2024 Earnings Release and Conference Call Schedule

BOSTON , Oct. 1, 2024 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) third quarter 2024 earnings release and conference call are scheduled as follows: Earnings Release:      October 24...

7 months ago - PRNewsWire

Arrow Completes Acquisition of Whitehall, N.Y. Branch

GLENS FALLS, N.Y. , Aug. 6, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® - AROW), through its bank subsidiary Glens Falls National Bank and Trust Company, completed the acquisition of t...

9 months ago - PRNewsWire

Berkshire Hills Bancorp, Inc. (BHLB) Q2 2024 Earnings Call Transcript

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Q2 2024 Earnings Conference Call July 18, 2024 9:00 AM ET Company Participants Kevin Conn - IR & Corporate Development Officer Nitin Mhatre - CEO Brett Brbov...

10 months ago - Seeking Alpha

Berkshire Hills Reports a Solid Second Quarter Net Income of $24.0 million, or $0.57 Per Share

Operating EPS of $0.55 increased 12% linked quarter  Operating revenue increased 3% linked quarter Operating expense decreased 2% linked quarter Net interest margin 3.20%, increased 5 basis points lin...

10 months ago - PRNewsWire

Berkshire Hills Announces Second Quarter 2024 Earnings Release and Conference Call Schedule

BOSTON , June 27, 2024 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) second quarter 2024 earnings release and conference call are scheduled as follows: Earnings Release:    July 18, 2...

11 months ago - PRNewsWire

Berkshire Hills Bancorp Announces Results of Annual Meeting

Shareholders Recognize Berkshire's Achievements; Approve All Proposals BOSTON , May 17, 2024  /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a relati...

1 year ago - PRNewsWire

Berkshire Hills Announces Executive Transition

BOSTON , May 14, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (the "Company", NYSE: BHLB) and Berkshire Bank (the "Bank") announced today that R. David Rosato, Chief Financial Officer, has decid...

1 year ago - PRNewsWire

Berkshire Hills Bancorp, Inc. (BHLB) Q1 2024 Earnings Call Transcript

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Q1 2024 Earnings Conference Call April 18, 2024 9:00 AM ET Company Participants Kevin Conn - Investor Relations & Corporate Development Officer Nitin Mhatre ...

1 year ago - Seeking Alpha

Berkshire Hills Reports First Quarter 2024 Results

Announces $362 Million Securities Sale First quarter loss of $20 million, ($0.47) per share Operating income of $21 million, $0.49 per share Securities sale of $362 million resulted in a $49.9 million...

1 year ago - PRNewsWire

Berkshire Hills Announces First Quarter 2024 Earnings Release and Conference Call Schedule

BOSTON , March 28, 2024 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) first quarter 2024 earnings release and conference call are scheduled as follows: Earnings Release:    Thursday, ...

1 year ago - PRNewsWire

Berkshire Hills Bancorp Bolsters Commercial & Private Banking Franchise

Torrance Childs, Former President of Private Banking at Boston Private, 40-Year Boston Banking Veteran, Joins Berkshire to Accelerate Client Growth & Experience BOSTON , March 21, 2024 /PRNewswire/ --...

1 year ago - PRNewsWire

Arrow Announces Acquisition of Whitehall, N.Y. Branch

GLENS FALLS, N.Y. , March 4, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® - AROW) today announced that its bank subsidiary, Glens Falls National Bank and Trust Company, has entered into...

1 year ago - PRNewsWire