Berkshire Hills Bancorp, Inc. (BHLB)
| Market Cap | 1.39B |
| Revenue (ttm) | 394.74M |
| Net Income (ttm) | 70.84M |
| Shares Out | 50.32M |
| EPS (ttm) | 2.26 |
| PE Ratio | 12.56 |
| Forward PE | 19.38 |
| Dividend | $0.12 (0.42%) |
| Ex-Dividend Date | Aug 25, 2021 |
| Volume | 277,409 |
| Open | 28.33 |
| Previous Close | 27.75 |
| Day's Range | 27.74 - 28.64 |
| 52-Week Range | 11.29 - 28.84 |
| Beta | 1.19 |
| Analysts | Buy |
| Price Target | 29.40 (+3.7%) |
| Est. Earnings Date | n/a |
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;...
Financial Performance
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for BHLB stock is "Buy." The 12-month stock price forecast is 29.40, which is an increase of 3.67% from the latest price.
News
Berkshire Hills Bancorp (BHLB) Q3 Earnings and Revenues Beat Estimates
Berkshire Hills (BHLB) delivered earnings and revenue surprises of 16.96% and 56.02%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Berkshire Hills Reports Earnings Per Share Growth
BOSTON, Oct. 21, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported that third quarter 2021 earnings per share increased year-over-year by 212% to $1.31 compared to $0.42 in ...
Why Berkshire Hills (BHLB) Might Surprise This Earnings Season
Berkshire Hills (BHLB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Berkshire Hills Bancorp Announces Partnership with AI Lending Platform Upstart
BOSTON, Oct. 18, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a socially responsible community-dedicated bank with branch locations in New Engla...
Berkshire Hills Bancorp (BHLB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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.
Berkshire Hills Bancorp Expands 44 Business Capital Division With Two Seasoned SBA Lending Professionals
BOSTON, Oct. 14, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a socially responsible community-dedicated bank with branch locations in New Engla...
Berkshire Hills Bancorp Adds Depth to Wealth Management Team with New Hires Heston and Crowley
BOSTON, Oct. 12, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a socially responsible community-dedicated bank with branch locations in New Engla...
Berkshire Hills Third Quarter Earnings Release and Conference Call Dates
BOSTON, Oct. 4, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its third quarter earnings release before the market opens on Thursday, October 21, 2021. The Company will also...
Berkshire Hills Bancorp Announces "BEST Community Comeback" - $5 Billion Multi-Year ESG Commitment to Fuel Resilience...
BOSTON, Sept. 15, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a socially responsible community-dedicated bank with branch locations in New Engl...
Berkshire Hills Bancorp Announces Lucia "Lucy" Bellomia Hired As Executive Vice President, Head of Retail Banking
BOSTON, Sept. 13, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, announced the Bank has hired Lucia "Lucy" Bellomia as EVP, Head of Retail Banking.
Berkshire Hills Bancorp Announces Mortgage Professional Ellen Steinfeld Hired as Executive Vice President, Head of Co...
BOSTON, Sept. 9, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, announced that the Bank has hired Ellen Steinfeld as EVP, Head of Consumer Lending...
Berkshire Hills Announces Hiring of Veteran Connecticut Banking Professional Jeffrey Klaus as Regional President for ...
BOSTON, Sept. 7, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) the parent company of Berkshire Bank, announced that the Bank has hired Jeffrey Klaus as SVP, Regional President & Middle...
How Berkshire Hills (BHLB) Stock Stands Out in a Strong Industry
Berkshire Hills (BHLB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Is This a Value Stock or a Value Trap?
The stock in question is still trading at a relatively low valuation, and management has put a transformation plan in place -- but a lot of questions remain.
Investors Bancorp, Inc. Announces Completion of Acquisition of 8 Berkshire Bank Branches in New Jersey and Eastern Pe...
SHORT HILLS, N.J., Aug. 30, 2021 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ: ISBC) (the "Company"), the parent company of Investors Bank, announced today that Investors Bank has completed the acqui...
Berkshire Hills Announces Board Leadership Transition
BOSTON, Aug. 25, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), announced today that Board Chairperson J. Williar ("Bill") Dunlaevy will retire from the joint Board of Directors of the...
Berkshire Hills and Brown & Brown Announce Definitive Agreement to Sell Berkshire Insurance Group to Brown & Brown of...
BOSTON, Aug. 24, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) and Brown & Brown, Inc. (NYSE: BRO) today announced the execution of a definitive agreement for the sale of the assets an...
Berkshire Hills Announces Quarterly Shareholder Dividend
BOSTON, Aug. 13, 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 sharehold...
FDIC Approves Investors Bank's Acquisition of 8 Berkshire Bank Branches in New Jersey and Eastern Pennsylvania
SHORT HILLS, N.J., Aug. 2, 2021 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ: ISBC) ("Investors Bancorp"), the parent company of Investors Bank, announced today that the Federal Deposit Insurance Cor...
Berkshire Hills Bancorp (BHLB) Surpasses Q2 Earnings and Revenue Estimates
Berkshire Hills (BHLB) delivered earnings and revenue surprises of 38.71% and 0.31%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Berkshire Hills Bancorp: Q2 Earnings Insights
Shares of Berkshire Hills Bancorp (NYSE:BHLB) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share increased 438.46% year over year to $0.44, which beat the estimat...
Berkshire Hills Reports Higher Second Quarter Earnings
BOSTON, July 21, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that second quarter 2021 delivered earnings per share of $0.43, compared to a loss in same quarter last y...
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 1, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its second quarter earnings release before the market opens on Wednesday, July 21, 2021. The Company will also...
Berkshire Hills Names Heather Lashway Director of Retail Banking
BOSTON, May 25, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a socially-responsible community-dedicated bank with locations primarily in New Eng...