Berkshire Hills Bancorp, Inc. (BHLB)

Berkshire Hills Bancorp Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	826.34	1,128	1,203	685.36	1,584	1,483
Investment Securities	494.89	377.7	394.08	398.39	482.57	480.22
Trading Asset Securities	5.01	53.18	51.81	60.95	87.88	169.78
Mortgage-Backed Securities	669.12	821.87	1,201	1,621	2,047	1,699
Total Investments	1,169	1,253	1,647	2,080	2,617	2,349
Gross Loans	9,429	9,385	9,040	8,335	6,826	8,082
Allowance for Loan Losses	-116.68	-114.7	-105.36	-96.27	-106.09	-127.3
Net Loans	9,312	9,270	8,934	8,239	6,720	7,954
Property, Plant & Equipment	57.68	106.8	116.26	131.63	146.56	172.68
Other Intangible Assets	13.94	15.06	19.66	24.48	29.62	34.82
Loans Held for Sale	1.32	3.08	2.24	4.31	6.11	17.75
Accrued Interest Receivable	-	49.41	53.1	46.87	33.53	46.92
Other Receivables	-	36.61	33.56	34.39	30.61	40.75
Restricted Cash	-	-	-	-	43.7	75.1
Other Current Assets	6.93	6.93	10.94	3.26	4.58	317.3
Long-Term Deferred Tax Assets	-	97.45	110.07	118.33	52.62	46.37
Other Real Estate Owned & Foreclosed	2.29	-	-	-	-	0.15
Other Long-Term Assets	593.79	287.05	277.68	287.62	275.6	265.8
Total Assets	12,013	12,273	12,431	11,663	11,555	12,838
Interest Bearing Deposits	7,585	6,182	6,203	6,391	6,059	6,010
Institutional Deposits	-	1,869	1,961	1,084	1,002	1,722
Non-Interest Bearing Deposits	2,295	2,325	2,469	2,852	3,008	2,484
Total Deposits	9,880	10,375	10,633	10,327	10,069	10,216
Short-Term Borrowings	-	182.54	335.96	97.03	35.19	105.76
Current Portion of Long-Term Debt	-	155	-	-	-	-
Current Portion of Leases	-	9.15	-	-	-	-
Accrued Interest Payable	-	9.01	13.77	1.61	0.78	3.87
Other Current Liabilities	-	40.43	37.89	5.76	5.72	641.33
Federal Home Loan Bank Debt, Long-Term	562.92	57.98	125.22	4.45	13.33	434.36
Long-Term Leases	-	47.73	61.71	63.04	65.54	74.28
Trust Preferred Securities	121.67	121.61	121.36	121.06	97.51	97.28
Pension & Post-Retirement Benefits	-	38.77	43.04	45.18	45.5	38.83
Other Long-Term Liabilities	251.97	68.56	46.27	43.41	39.96	38.74
Total Liabilities	10,816	11,106	11,419	10,709	10,372	11,650
Common Stock	1,197	0.56	0.53	0.53	0.53	0.53
Additional Paid-In Capital	-	1,431	1,423	1,424	1,423	1,427
Retained Earnings	-	-3.08	-33.14	-71.43	-139.38	-233.34
Treasury Stock	-	-144.14	-225.32	-209.57	-89.86	-31.28
Comprehensive Income & Other	-	-116.45	-153.13	-189.65	-12.3	24.63
Total Common Equity	1,197	1,167	1,012	954.06	1,182	1,188
Shareholders' Equity	1,197	1,167	1,012	954.06	1,182	1,188
Total Liabilities & Equity	12,013	12,273	12,431	11,663	11,555	12,838
Total Debt	684.6	574.01	644.25	285.58	211.57	711.67
Net Cash (Debt)	146.75	607.58	610.8	460.72	1,460	940.88
Net Cash Growth	-78.86%	-0.53%	32.57%	-68.45%	55.22%	-
Net Cash Per Share	3.37	14.21	14.04	10.03	29.47	18.72
Filing Date Shares Outstanding	45.58	45.61	42.84	43.77	47.67	50.52
Total Common Shares Outstanding	45.58	45.63	42.72	43.66	47.96	50.32
Book Value Per Share	26.26	25.59	23.70	21.85	24.66	23.61
Tangible Book Value	1,183	1,152	992.56	929.58	1,153	1,153
Tangible Book Value Per Share	25.95	25.26	23.24	21.29	24.04	22.91

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q