Berkshire Hills Bancorp, Inc. (BHLB)

Berkshire Hills Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	353.23	411.83	413.53	434.41	383.09	449.26
Revenue Growth (YoY)	-19.34%	-0.41%	-4.81%	13.40%	-14.73%	4.35%
Gross Profit	353.23	411.83	413.53	434.41	383.09	449.26
Selling, General & Admin	254.62	253.9	243.11	244.78	239.17	222.29
Other Operating Expenses	79.95	79.61	56.61	40.61	676.94	67.57
Operating Expenses	334.57	333.51	299.72	285.39	916.12	289.86
Operating Income	18.66	78.32	113.82	149.02	-533.03	159.4
Other Expense / Income	-	-	-	-	19.84	39.49
Pretax Income	18.66	78.32	113.82	149.02	-552.87	119.91
Income Tax	-3.12	8.72	21.29	30.36	-19.85	22.46
Net Income	21.77	69.6	92.53	118.66	-533.02	97.45
Preferred Dividends	0	0	0	0	0.31	0.96
Net Income Common	21.77	69.6	92.53	118.66	-533.33	96.49
Net Income Growth	-78.22%	-24.79%	-22.02%	-	-	-7.97%
Shares Outstanding (Basic)	43	43	46	49	50	49
Shares Outstanding (Diluted)	43	44	46	50	50	49
Shares Change	-2.29%	-5.25%	-7.35%	-1.42%	1.72%	6.90%
EPS (Basic)	0.50	1.61	2.03	2.41	-10.60	1.98
EPS (Diluted)	0.50	1.60	2.02	2.39	-10.60	1.97
EPS Growth	-77.58%	-20.79%	-15.48%	-	-	-13.97%
Free Cash Flow	125.4	155.34	109.24	83.18	220.43	100.96
Free Cash Flow Per Share	2.93	3.59	2.40	1.69	4.38	2.05
Dividend Per Share	0.720	0.720	0.540	0.480	0.720	0.920
Dividend Growth	20.00%	33.33%	12.50%	-33.33%	-21.74%	4.55%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	5.28%	19.02%	27.52%	34.30%	-139.14%	35.48%
Profit Margin	6.16%	16.90%	22.38%	27.32%	-139.22%	21.48%
Free Cash Flow Margin	35.50%	37.72%	26.42%	19.15%	57.54%	22.47%
Effective Tax Rate	-16.70%	11.14%	18.70%	20.37%	-	18.73%
EBITDA	31.64	91.59	128.53	165.26	-534.77	136.62
EBITDA Margin	8.96%	22.24%	31.08%	38.04%	-139.59%	30.41%
Depreciation & Amortization	12.98	13.27	14.71	16.24	18.1	16.7
EBIT	18.66	78.32	113.82	149.02	-552.87	119.91
EBIT Margin	5.28%	19.02%	27.52%	34.30%	-144.32%	26.69%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).