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Berkshire Hills Bancorp, Inc. (BHLB)

Stock Price: $25.10 USD 0.48 (1.95%)
Updated May 11, 2021 4:00 PM EDT - Market closed
Market Cap 1.28B
Revenue (ttm) 392.31M
Net Income (ttm) -500.30M
Shares Out 50.33M
EPS (ttm) -9.95
PE Ratio n/a
Forward PE 24.15
Dividend $0.60
Dividend Yield 2.39%
Trading Day May 11
Last Price $25.10
Previous Close $24.62
Change ($) 0.48
Change (%) 1.95%
Day's Open 24.47
Day's Range 24.36 - 25.31
Day's Volume 315,092
52-Week Range 8.45 - 25.44

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BOSTON, May 11, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, will announce Berkshire's Exciting Strategic Transformation (BEST) on Tuesday, May ...

13 hours ago - PRNewsWire

As of late, it has definitely been a great time to be an investor in Berkshire Hills Bancorp, Inc. (BHLB).

4 days ago - Zacks Investment Research

Berkshire Hills (BHLB) delivered earnings and revenue surprises of 36.84% and 6.34%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

BOSTON, April 28, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced first quarter 2021 net income of $13 million, or $0.26 per share, compared to $15 million, or $0.30 per ...

1 week ago - PRNewsWire

BOSTON, April 28, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a stock repurchase program pursuant to which the Company may re...

1 week ago - PRNewsWire

BOSTON, April 1, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its first quarter earnings release after the market closes on Wednesday, April 28, 2021.  Berkshire will also ...

1 month ago - PRNewsWire

BOSTON, March 18, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, announced today that Subhadeep Basu was appointed Senior Executive Vice President...

1 month ago - PRNewsWire

BOSTON, March 17, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, today announced that Kevin Conn has joined the Company as SVP, Investor Relations...

1 month ago - PRNewsWire

BOSTON, March 15, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.12 per common share to sharehol...

1 month ago - PRNewsWire

BOSTON, Feb. 16, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today issued the following statement in response to a press release and letter from HoldCo Asset Management, LP ("HoldCo"...

2 months ago - PRNewsWire

One of the bank's larger shareholders sent a letter to the bank's board of directors, asking for more transparency around its decision-making.

3 months ago - The Motley Fool

NEW YORK--(BUSINESS WIRE)--HoldCo Asset Management, LP and its managed funds (collectively, "HoldCo") own 1,672,679 shares of common stock of Berkshire Hills Bancorp, Inc. (NASDAQ: BHLB) ("BHLB" or the ...

3 months ago - Business Wire

This bank recently launched a dividend that could grow significantly in coming years.

Other stocks mentioned: BRKL, EBC, EBSB, INDB, NYCB, PBCT
3 months ago - The Motley Fool

Berkshire Hills Bancorp, Inc. (BHLB) CEO Sean Gray on Q4 2020 Results - Earnings Call Transcript

3 months ago - Seeking Alpha

Berkshire Hills (BHLB) delivered earnings and revenue surprises of 153.33% and 8.71%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

BOSTON, Jan. 25, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) (Company), the parent company of Berkshire Bank, announced today that the joint Board of Directors of the Company and the...

3 months ago - PRNewsWire

BOSTON, Jan. 25, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced fourth quarter 2020 net income of $15 million, or $0.30 per share, compared to $21 million, or $0.42 per ...

3 months ago - PRNewsWire

BOSTON, Jan. 12, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its fourth quarter earnings release after the market closes on Monday, January 25, 2021. Berkshire will also c...

3 months ago - PRNewsWire

Berkshire Hills Bancorp (BHLB) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

4 months ago - Zacks Investment Research

Even though the banking sector has rebounded recently, these stocks are still way down from where they started the year, with some trading at a discount to tangible book value.

Other stocks mentioned: GWB, PACW, STBA, WFC
4 months ago - The Motley Fool

The regional bank plans to sell its eight branches in New Jersey and Pennsylvania, and consolidate 16 more in New England and New York.

5 months ago - The Motley Fool

BOSTON, Dec. 2, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its wholly owned subsidiary Berkshire Bank has entered into an agreement with Investors Bank of Short...

5 months ago - PRNewsWire

After a difficult year, the regional bank's stock price is finally climbing out of the ditch.

5 months ago - The Motley Fool

BOSTON, Nov. 30, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.12 per common share to sharehold...

5 months ago - PRNewsWire

Berkshire Hills (BHLB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

5 months ago - Zacks Investment Research

As of late, it has definitely been a great time to be an investor in Berkshire Hills Bancorp's (BHLB).

6 months ago - Zacks Investment Research

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 v...

Other stocks mentioned: BRK.A, BRK.B
6 months ago - Zacks Investment Research

This stock price of this small regional bank popped after its third-quarter earnings report.

6 months ago - The Motley Fool

Berkshire Hills Bancorp's (BHLB) CEO Sean Gray on Q3 2020 Results - Earnings Call Transcript

Other stocks mentioned: BRK.A, BRK.B
6 months ago - Seeking Alpha

Berkshire Hills (BHLB) delivered earnings and revenue surprises of 475.00% and 0.43%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

BOSTON, Oct. 26, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced third quarter net income of $21 million, or $0.42 per share, in 2020 compared to $23 million, or $0.44 pe...

6 months ago - PRNewsWire

Berkshire Hills Bancorp (NYSE: BHLB) announces its next round of earnings this Monday, October 26. Here is Benzinga's everything-that-matters guide for this Monday's Q3 earnings announcement.

6 months ago - Benzinga

Berkshire Hills (BHLB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

BOSTON, Oct. 14, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its third quarter earnings release after the market closes on Monday, October 26, 2020. Berkshire will also co...

6 months ago - PRNewsWire

Eighteen U.S. firms announced they would pay a special (or extra) dividend to their shareholders in September 2020.

Other stocks mentioned: CRT, GPMT, KIM, RPAI
7 months ago - Seeking Alpha

A weekly summary of dividend activity for Dividend Challengers.

Other stocks mentioned: A, AEE, AGM, ALLE, AVB, BAM, BGS ...
7 months ago - Seeking Alpha

This article series provides a weekly summary of dividend changes.

Other stocks mentioned: AMT, PM, WU
7 months ago - Seeking Alpha

The bank continues to struggle amid the coronavirus pandemic, with its stock now down roughly 70% year to date.

8 months ago - The Motley Fool

With an aim to preserve capital and liquidity amid the coronavirus-induced economic slowdown, Berkshire Hills Bancorp (BHLB) slashes its quarterly cash dividend by 50%.

8 months ago - Zacks Investment Research

Holding the title of CEO for less than two years, Richard Marotta will exit Berkshire after the company's stock price has taken a huge hit during his tenure.

9 months ago - The Motley Fool

BOSTON, Aug. 10, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc.

9 months ago - PRNewsWire

Berkshire Hills Bancorp: Trading At Less Than 0.5X Tangible Book Value And A 9.6% Dividend Yield - A Red Flag?

9 months ago - Seeking Alpha

Berkshire Hills Bancorp Inc. (BHLB) CEO Richard Marotta on Q2 2020 Results - Earnings Call Transcript

9 months ago - Seeking Alpha

The write-down removes all of the intangible assets from Berkshire Hills Bancorp's balance sheet that came from its acquisitions of other banks.

9 months ago - The Motley Fool

Berkshire Hills (BHLB) delivered earnings and revenue surprises of -114.29% and -10.15%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

BOSTON, July 29, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported a second quarter loss due to non-cash charges related to goodwill impairment and the provision for credit ...

9 months ago - PRNewsWire

BOSTON, July 22, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its second quarter earnings release after the market closes on Wednesday, July 29, 2020.

9 months ago - PRNewsWire

Berkshire Hills (BHLB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

9 months ago - Zacks Investment Research

Feel like you missed the big stock market recovery? These seven rebound stocks are still selling at generously discounted prices today.

Other stocks mentioned: BP, GE, KTB, RDS.A, RDS.B, SPR, TSN
9 months ago - InvestorPlace

The bank has been trading so far below book value, it seems like goodwill impairment could definitely be in the cards.

10 months ago - The Motley Fool

About BHLB

Berkshire Hills Bancorp, Inc. operates as a 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;... [Read more...]

Industry
Banks-Regional
IPO Date
Jun 28, 2000
CEO
Richard Marotta
Employees
1,467
Stock Exchange
NYSE
Ticker Symbol
BHLB
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 3 analysts, the average rating for BHLB stock is "Buy." The 12-month stock price forecast is 24.67, which is a decrease of -1.71% from the latest price.

Price Target
$24.67
(-1.71% downside)
Analyst Consensus: Buy