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Berkshire Hills Bancorp, Inc. (BHLB)

Stock Price: $9.65 USD 0.02 (0.21%)
Updated Aug 7, 2020 10:34 AM EDT - Market open

Stock Price Chart

Key Info

Market Cap 484.35M
Revenue (ttm) 326.03M
Net Income (ttm) 53.95M
Shares Out 50.19M
EPS (ttm) -10.31
PE Ratio n/a
Forward PE 7.91
Dividend $0.96
Dividend Yield 9.95%

Stock Quote

Trading Day Aug 7, 2020
Last Price $9.65
Previous Close $9.63
Change ($) 0.02
Change (%) 0.21%
Day's Open 9.60
Day's Range 9.43 - 9.68
Day's Volume 97,887
52-Week Range 9.15 - 33.72

More Stats

Market Cap 484.35M
Enterprise Value 920.09M
Earnings Date (est) Nov 2, 2020
Ex-Dividend Date n/a
Shares Outstanding 50.19M
Float 47.56M
EPS (basic) 1.07
EPS (diluted) -10.31
FCF / Share 3.09
Dividend $0.96
Dividend Yield 9.95%
Earnings Yield n/a
FCF Yield 32.05%
Payout Ratio 86.90%
Shares Short 921,954
Short Ratio 1.31
Short % of Float 2.46%
Beta 1.27
PE Ratio n/a
Forward PE 7.91
P/FCF Ratio 3.12
PS Ratio 1.49
PB Ratio 0.42
Revenue 326.03M
Operating Income 144.95M
Net Income 53.95M
Free Cash Flow 155.26M
Net Cash -435.74M
Net Cash / Share -8.68
Gross Margin 126.52%
Operating Margin 44.46%
Profit Margin 12.20%
FCF Margin 47.62%
ROA -3.76%
ROE -34.09%
ROIC 0.50%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (5)

Buy 2
Overweight 0
Hold 2
Underweight 0
Sell 1

Analyst Consensus: Overweight

Price Target

$12.00*
(24.35% upside)
Low
9.00
Current: $9.65
High
13.50
Target: 12.00
*Average 12-month price target from 5 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue449431365298268226227197142107
Revenue Growth4.35%17.88%22.5%11.18%18.4%-0.23%14.96%38.73%33.39%-
Gross Profit449431365298268226227197142107
Operating Income15916411294.8271.3160.4869.6356.6425.8824.56
Net Income97.4510655.2558.6749.5233.7441.1433.1917.3513.62
Shares Outstanding49.2646.0239.4630.9928.3924.7324.8022.2017.8913.86
Earnings Per Share1.972.291.391.881.731.361.651.490.970.98
EPS Growth-13.97%64.75%-26.06%8.67%27.21%-17.58%10.74%53.61%-1.02%-
Dividend Per Share0.920.880.840.800.760.720.720.690.650.64
Dividend Growth4.55%4.76%5%5.26%5.56%0%4.35%6.15%1.56%-
Operating Cash Flow11222278.0998.1486.2955.8212728.6540.1740.69
Capital Expenditures-10.57-9.35-11.26-8.88-5.08-6.14-13.10-18.63-7.27-5.02
Free Cash Flow10121366.8489.2781.2149.6911410.0232.9035.67
Cash & Equivalents58018324911310471.7575.5498.2475.3644.14
Total Debt8281,5181,1371,3141,2631,0521,064448237260
Net Cash / Debt-248-1,335-888-1,201-1,160-981-989-350-162-216
Assets13,21612,21211,5719,1637,8316,5025,6735,2973,9922,881
Liabilities11,45710,65910,0748,0696,9445,7934,9954,6303,4402,493
Book Value1,7591,5531,4961,093887709678667552389
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Berkshire Hills Bancorp, Inc.
Country United States
Employees 1,511
CEO Richard M. Marotta

Stock Information

Ticker Symbol BHLB
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Banks—Regional
Unique Identifier NYSE: BHLB
IPO Date June 28, 2000

Description

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; and investment products, financial planning, and brokerage services. In addition, it offers electronic banking, commercial cash management, online banking, and mobile banking services; and debit cards and other electronic fee producing payment services to transaction account customers. Further, the company, through its subsidiary, Berkshire Insurance Group, Inc., provides personal and commercial property, and casualty insurance; employee benefits insurance; and life, health, and financial services insurance products. It serves personal, commercial, not- profit, and municipal deposit customers. As of December 31, 2019, the company operated 130 full-service branches in Massachusetts, New York, Connecticut, Vermont, Central New Jersey, and Eastern Pennsylvania. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.