Berkshire Hills Bancorp, Inc. (BHLB)
NYSE: BHLB · Real-Time Price · USD
27.06
-0.26 (-0.95%)
Nov 4, 2024, 4:00 PM EST - Market closed
Berkshire Hills Bancorp Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
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Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
Interest Income on Loans | 550.16 | 512.54 | 335.31 | 282.16 | 358.02 | 448.93 | Upgrade
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Interest Income on Investments | 63.76 | 63.76 | 51.95 | 46.9 | 51.77 | 60.59 | Upgrade
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Total Interest Income | 613.92 | 576.3 | 387.26 | 329.07 | 409.78 | 509.51 | Upgrade
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Interest Paid on Deposits | 212.43 | 158.91 | 33.44 | 27.24 | 72.72 | 115.19 | Upgrade
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Interest Paid on Borrowings | 48.34 | 48.34 | 9.22 | 10.66 | 20.29 | 29.06 | Upgrade
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Total Interest Expense | 260.77 | 207.25 | 42.66 | 37.9 | 93 | 144.26 | Upgrade
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Net Interest Income | 353.15 | 369.05 | 344.6 | 291.17 | 316.78 | 365.26 | Upgrade
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Net Interest Income Growth (YoY) | -7.73% | 7.10% | 18.35% | -8.09% | -13.27% | 2.54% | Upgrade
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Trust Income | 10.58 | 10.2 | 10.01 | 10.53 | 9.29 | 9.35 | Upgrade
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Mortgage Banking Activities | - | - | - | - | 5.19 | 0.79 | Upgrade
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Gain (Loss) on Sale of Assets | 16.05 | - | - | 52.94 | 1.24 | 1.35 | Upgrade
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Gain (Loss) on Sale of Investments | -75.9 | -32.56 | -5.54 | -4.23 | -11.17 | -2.07 | Upgrade
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Other Non-Interest Income | 21.58 | 20.66 | 19.95 | 33.51 | 33.85 | 43.22 | Upgrade
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Total Non-Interest Income | 16.71 | 42.78 | 68.94 | 143.25 | 66.31 | 84 | Upgrade
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Non-Interest Income Growth (YoY) | -75.00% | -37.94% | -51.88% | 116.04% | -21.06% | 13.02% | Upgrade
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Revenues Before Loan Losses | 369.86 | 411.83 | 413.53 | 434.41 | 383.09 | 449.26 | Upgrade
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Provision for Loan Losses | 25 | 32 | 11 | -0.5 | 75.88 | 35.42 | Upgrade
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Revenue | 344.86 | 379.83 | 402.53 | 434.91 | 307.21 | 413.84 | Upgrade
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Revenue Growth (YoY) | -16.41% | -5.64% | -7.45% | 41.57% | -25.77% | 2.16% | Upgrade
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Salaries and Employee Benefits | 154.12 | 151.78 | 145.4 | 146.42 | 143.11 | 136.09 | Upgrade
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Occupancy Expenses | 23.59 | 26.62 | 27.94 | 30.88 | 31.06 | 39.59 | Upgrade
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Federal Deposit Insurance | 7.4 | 7.02 | 3.11 | 3.76 | 5.88 | 3.86 | Upgrade
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Amortization of Goodwill & Intangibles | 4.68 | 4.82 | 5.13 | 5.2 | 6.18 | 5.78 | Upgrade
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Selling, General & Administrative | 72.65 | 75.5 | 69.77 | 67.48 | 65 | 46.61 | Upgrade
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Other Non-Interest Expense | 28.85 | 29.5 | 28.42 | 26.35 | 29.28 | 29.73 | Upgrade
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Total Non-Interest Expense | 291.3 | 295.25 | 279.81 | 280.11 | 280.64 | 261.81 | Upgrade
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EBT Excluding Unusual Items | 53.56 | 84.58 | 122.73 | 154.8 | 26.57 | 152.03 | Upgrade
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Pretax Income | 46.96 | 78.32 | 113.82 | 149.02 | -533.03 | 123.98 | Upgrade
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Income Tax Expense | 7.06 | 8.72 | 21.29 | 30.36 | -19.85 | 22.46 | Upgrade
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Earnings From Continuing Operations | 39.9 | 69.6 | 92.53 | 118.66 | -513.18 | 101.52 | Upgrade
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Earnings From Discontinued Operations | - | - | - | - | -19.84 | -4.07 | Upgrade
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Net Income | 39.9 | 69.6 | 92.53 | 118.66 | -533.02 | 97.45 | Upgrade
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Preferred Dividends & Other Adjustments | - | - | - | - | - | 0.96 | Upgrade
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Net Income to Common | 39.9 | 69.6 | 92.53 | 118.66 | -533.02 | 96.49 | Upgrade
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Net Income Growth | -60.71% | -24.79% | -22.02% | - | - | -7.86% | Upgrade
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Basic Shares Outstanding | 43 | 43 | 46 | 49 | 50 | 49 | Upgrade
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Diluted Shares Outstanding | 43 | 44 | 46 | 50 | 50 | 49 | Upgrade
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Shares Change (YoY) | -2.45% | -5.25% | -7.35% | -1.42% | 1.72% | 6.90% | Upgrade
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EPS (Basic) | 0.94 | 1.61 | 2.03 | 2.41 | -10.60 | 1.96 | Upgrade
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EPS (Diluted) | 0.93 | 1.60 | 2.02 | 2.39 | -10.60 | 1.95 | Upgrade
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EPS Growth | -59.85% | -20.79% | -15.48% | - | - | -13.91% | Upgrade
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Dividend Per Share | 0.720 | 0.720 | 0.540 | 0.480 | 0.720 | 0.920 | Upgrade
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Dividend Growth | 0% | 33.33% | 12.50% | -33.33% | -21.74% | 4.55% | Upgrade
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Effective Tax Rate | 15.02% | 11.14% | 18.70% | 20.37% | - | 18.12% | Upgrade
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Source: S&P Capital IQ. Banks template. Financial Sources.