Berkshire Hills Bancorp, Inc. (BHLB)
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% |
Analyst Summary
Analyst Consensus: Overweight
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 449 | 431 | 365 | 298 | 268 | 226 | 227 | 197 | 142 | 107 |
| Revenue Growth | 4.35% | 17.88% | 22.5% | 11.18% | 18.4% | -0.23% | 14.96% | 38.73% | 33.39% | - |
| Gross Profit | 449 | 431 | 365 | 298 | 268 | 226 | 227 | 197 | 142 | 107 |
| Operating Income | 159 | 164 | 112 | 94.82 | 71.31 | 60.48 | 69.63 | 56.64 | 25.88 | 24.56 |
| Net Income | 97.45 | 106 | 55.25 | 58.67 | 49.52 | 33.74 | 41.14 | 33.19 | 17.35 | 13.62 |
| Shares Outstanding | 49.26 | 46.02 | 39.46 | 30.99 | 28.39 | 24.73 | 24.80 | 22.20 | 17.89 | 13.86 |
| Earnings Per Share | 1.97 | 2.29 | 1.39 | 1.88 | 1.73 | 1.36 | 1.65 | 1.49 | 0.97 | 0.98 |
| EPS Growth | -13.97% | 64.75% | -26.06% | 8.67% | 27.21% | -17.58% | 10.74% | 53.61% | -1.02% | - |
| Dividend Per Share | 0.92 | 0.88 | 0.84 | 0.80 | 0.76 | 0.72 | 0.72 | 0.69 | 0.65 | 0.64 |
| Dividend Growth | 4.55% | 4.76% | 5% | 5.26% | 5.56% | 0% | 4.35% | 6.15% | 1.56% | - |
| Operating Cash Flow | 112 | 222 | 78.09 | 98.14 | 86.29 | 55.82 | 127 | 28.65 | 40.17 | 40.69 |
| Capital Expenditures | -10.57 | -9.35 | -11.26 | -8.88 | -5.08 | -6.14 | -13.10 | -18.63 | -7.27 | -5.02 |
| Free Cash Flow | 101 | 213 | 66.84 | 89.27 | 81.21 | 49.69 | 114 | 10.02 | 32.90 | 35.67 |
| Cash & Equivalents | 580 | 183 | 249 | 113 | 104 | 71.75 | 75.54 | 98.24 | 75.36 | 44.14 |
| Total Debt | 828 | 1,518 | 1,137 | 1,314 | 1,263 | 1,052 | 1,064 | 448 | 237 | 260 |
| Net Cash / Debt | -248 | -1,335 | -888 | -1,201 | -1,160 | -981 | -989 | -350 | -162 | -216 |
| Assets | 13,216 | 12,212 | 11,571 | 9,163 | 7,831 | 6,502 | 5,673 | 5,297 | 3,992 | 2,881 |
| Liabilities | 11,457 | 10,659 | 10,074 | 8,069 | 6,944 | 5,793 | 4,995 | 4,630 | 3,440 | 2,493 |
| Book Value | 1,759 | 1,553 | 1,496 | 1,093 | 887 | 709 | 678 | 667 | 552 | 389 |
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.