Berkshire Hills Bancorp, Inc. (BHLB)
| Market Cap | 1.33B |
| Revenue (ttm) | 422.87M |
| Net Income (ttm) | 125.83M |
| Shares Out | 45.79M |
| EPS (ttm) | 2.62 |
| PE Ratio | 11.10 |
| Forward PE | 14.88 |
| Dividend | $0.48 (1.65%) |
| Ex-Dividend Date | Aug 10, 2022 |
| Volume | 366,184 |
| Open | 29.14 |
| Previous Close | 29.00 |
| Day's Range | 28.98 - 29.31 |
| 52-Week Range | 23.15 - 31.78 |
| Beta | 1.08 |
| Analysts | Sell |
| Price Target | 29.78 (+2.4%) |
| Earnings Date | Jul 20, 2022 |
About BHLB
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 plannin... [Read more...]
Financial Performance
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for BHLB stock is "Sell." The 12-month stock price forecast is 29.78, which is an increase of 2.37% from the latest price.
News
Is Berkshire Hills Bancorp (BHLB) Outperforming Other Finance Stocks This Year?
Here is how Berkshire Hills Bancorp (BHLB) and City Holding (CHCO) have performed compared to their sector so far this year.
Berkshire Hills Announces Quarterly Shareholder Dividend
BOSTON , July 29, 2022 /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...
Here's Why Berkshire Hills Bancorp (BHLB) is a Great Momentum Stock to Buy
Does Berkshire Hills Bancorp (BHLB) have what it takes to be a top stock pick for momentum investors? Let's find out.
Berkshire Hills Bancorp (BHLB) Surpasses Q2 Earnings and Revenue Estimates
Berkshire Hills (BHLB) delivered earnings and revenue surprises of 10.87% and 1.52%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Berkshire Hills Reports 19% Increase in Quarterly Earnings Per Share
BOSTON , July 20, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported that second quarter 2022 earnings per share (EPS) increased by 19% to $0.50 from $0.42 in the prior quart...
Moody's Assigns First-Time "A3" Deposit Rating to Berkshire Bank
Assigns Positive Rating Outlook BOSTON , July 13, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. ("Berkshire Hills" or the "Company") (NYSE: BHLB), the parent company of Berkshire Bank (the "Bank"),...
Berkshire Hills Bancorp (BHLB) Reports Next Week: Wall Street Expects Earnings Growth
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.
Berkshire Hills Second Quarter Earnings Release and Conference Call Dates
BOSTON , July 6, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its second quarter earnings release before the market opens on Wednesday, July 20, 2022. The Company will also...
BERKSHIRE HILLS BANCORP ISSUES $100 MILLION SUSTAINABILITY BOND
First U.S. Community Bank Holding Company to Issue a Bond Dedicated to Supporting Social & Environmental Projects BOSTON , June 30, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) ("Berk...
BERKSHIRE HILLS BANCORP, INC. ANNOUNCES PRICING OF SUBORDINATED NOTES OFFERING
BOSTON , June 28, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) ("Berkshire" or the "Company") announced today the pricing of its offering of $100.0 million of its 5.50% fixed-to-float...
Berkshire Bank Selects Salt Security for API Security as its Business Operations Scale
Salt Security allows Berkshire Bank to accurately capture, catalog, and secure its growing API activity PALO ALTO, Calif. , June 1, 2022 /PRNewswire/ -- Salt Security , the leading API security company...
Berkshire Hills Announces Results of Annual Meeting
All Proposals Approved by Shareholders; Company Recaps 2021 Highlights BOSTON , May 20, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), announced today that all four proposals were appr...
Berkshire Hills Bancorp (BHLB) Beats Q1 Earnings Estimates
Berkshire Hills (BHLB) delivered earnings and revenue surprises of 4.88% and 3.61%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
BERKSHIRE HILLS REPORTS IMPROVED FIRST QUARTER RESULTS
BOSTON , April 20, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported that first quarter earnings per share (EPS) increased year-over-year by 62% to $0.42 in 2022 from $0.26...
Berkshire Hills First Quarter Earnings Release and Conference Call Dates
BOSTON , April 5, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its first quarter earnings release before the market opens on Wednesday, April 20, 2022. The Company will als...
Berkshire Bank Expands Partnership with FinTech Narmi
Partnership will Propel Berkshire Bank to the Forefront of Digital Banking Experience BOSTON , March 28, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire ...
Berkshire Hills (BHLB) Upgraded to Buy: Here's What You Should Know
Berkshire Hills (BHLB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Is Berkshire Hills Bancorp (BHLB) Stock Outpacing Its Finance Peers This Year?
Here is how Berkshire Hills Bancorp (BHLB) and Brookline Bancorp (BRKL) have performed compared to their sector so far this year.
Berkshire Hills Appoints Mihir A. Desai As New Independent Director
Financial, Investment, and Business Expertise Will Bolster Transformation BOSTON, March 14, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a soc...
Berkshire Hills CEO to Discuss Digital Banking Transformation at KBW Winter Financial Services Symposium
BOSTON, Feb. 14, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a leading socially responsible community bank with branch locations in New Englan...
Berkshire Hills Bancorp (BHLB) Q4 Earnings Match Estimates
Berkshire Hills (BHLB) delivered earnings and revenue surprises of 0% and 0.31%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
BERKSHIRE HILLS REPORTS IMPROVED FOURTH QUARTER RESULTS; SETS ANNUAL MEETING DATE
BOSTON, Jan. 20, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported that fourth quarter earnings per share (EPS) increased year-over-year by 40% to $0.42 in 2021, and by 50% ...
BERKSHIRE HILLS REPORTS $140 MILLION SHARE REPURCHASE PROGRAM
BOSTON, Jan. 19, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a share repurchase program pursuant to which the Company is auth...
Berkshire Hills Bancorp (BHLB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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.
Berkshire Hills Fourth Quarter Earnings Release and Conference Call Dates
BOSTON, Jan. 7, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its fourth quarter earnings release before the market opens on Thursday, January 20, 2022. The Company will als...