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Berkshire Hills Bancorp, Inc. (BHLB)

Stock Price: $17.31 USD 0.28 (1.64%)
Updated November 23, 1:30 PM EST - Market open

Stock Price Chart

Key Info

Market Cap 879.90M
Revenue (ttm) 398.75M
Net Income (ttm) -522.83M
Shares Out 50.83M
EPS (ttm) -10.39
PE Ratio n/a
Forward PE 33.22
Dividend $0.48
Dividend Yield 2.77%

Stock Quote

Trading Day November 23
Last Price $17.31
Previous Close $17.03
Change ($) 0.28
Change (%) 1.64%
Day's Open 17.20
Day's Range 17.09 - 17.64
Day's Volume 106,289
52-Week Range 8.55 - 33.72

More Stats

Market Cap 879.90M
Enterprise Value 647.32M
Earnings Date (est) Feb 1, 2021
Ex-Dividend Date Sep 21, 2020
Shares Outstanding 50.83M
Float 48.77M
EPS (basic) -10.40
EPS (diluted) -10.39
FCF / Share 5.85
Dividend $0.48
Dividend Yield 2.77%
Earnings Yield n/a
FCF Yield 33.45%
Payout Ratio n/a
Shares Short 1.50M
Short Ratio 3.18
Short % of Float 3.07%
Beta 1.08
PE Ratio n/a
Forward PE 33.22
P/FCF Ratio 2.99
PS Ratio 2.21
PB Ratio 0.69
Revenue 398.75M
Operating Income -439.98M
Net Income -522.83M
Free Cash Flow 294.34M
Net Cash 232.59M
Net Cash / Share 4.58
Gross Margin 126.47%
Operating Margin -110.34%
Profit Margin -131.10%
FCF Margin 73.82%
ROA -3.82%
ROE -33.85%
ROIC -4.20%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (4)

Buy 1
Overweight 0
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

(-16.93% downside)
Current: $17.31
Target: 14.38
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

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
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 1,507
CEO Sean A. Gray

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


Berkshire Hills Bancorp 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.