Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
28 June 2000Website:
http://www.berkshirebank.comNext earnings report:
19 July 2024Last dividends:
20 June 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 17:03:54 GMTAnalysts recommendations
Institutional Ownership
BHLB Latest News
BOSTON , June 27, 2024 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) second quarter 2024 earnings release and conference call are scheduled as follows: Earnings Release: July 18, 2024, at approximately 7:30 a.m. (Eastern) Conference Call: Thursday, July 18, 2024, at 9:00 a.m.
BOSTON , June 7, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.18 per common share to shareholders of record at the close of business on June 20, 2024, payable on June 28, 2024. About Berkshire Hills Bancorp Headquartered in Boston, Berkshire Hills Bancorp is the parent of Berkshire Bank.
While the revenue and EPS of Berkshire Hills (BHLB) can provide insight into its performance in the first quarter of 2024, it may be beneficial to analyze how certain key metrics stack up against both Wall Street expectations and the figures from the previous year.
Berkshire Hills Bancorp (BHLB) reported quarterly earnings of $0.49 per share, surpassing the Zacks Consensus Estimate of $0.47 per share. This is lower than the earnings of $0.63 per share from the same period last year.
Assess Berkshire Hills' (BHLB) anticipated performance for the quarter ending March 2024 by analyzing key metrics in addition to traditional Wall Street estimates.
Berkshire Hills (BHLB) lacks the necessary elements for a potential earnings surprise in its upcoming report. Be ready with the important projections.
Berkshire Hills Bancorp (BHLB) takes a strategic initiative to divest 10 branches in upstate and eastern New York. This move aims to boost branch efficiency and profitability.
BHLB, BX and CNX have been added to the Zacks Rank #5 (Strong Sell) List on January 30, 2024.
The headline numbers for Berkshire Hills (BHLB) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Evaluate the expected performance of Berkshire Hills (BHLB) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
What type of business is Berkshire Hills Bancorp?
Berkshire Hills Bancorp, Inc. operates as the 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, small business banking, asset based lending, and mobile banking services; and debit cards and other electronic fee producing payment services to transaction account customers. The company serves personal, commercial, non-profit, and municipal deposit customers. As of March 14, 2022, it operated 106 full-service branches in Massachusetts, New York, Connecticut, and Vermont. The company also has commercial banking offices in Providence, Rhode Island and New Haven, Connecticut. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.
What sector is Berkshire Hills Bancorp in?
Berkshire Hills Bancorp is in the Financial Services sector
What industry is Berkshire Hills Bancorp in?
Berkshire Hills Bancorp is in the Banks - Regional industry
What country is Berkshire Hills Bancorp from?
Berkshire Hills Bancorp is headquartered in United States
When did Berkshire Hills Bancorp go public?
Berkshire Hills Bancorp initial public offering (IPO) was on 28 June 2000
What is Berkshire Hills Bancorp website?
https://www.berkshirebank.com
Is Berkshire Hills Bancorp in the S&P 500?
No, Berkshire Hills Bancorp is not included in the S&P 500 index
Is Berkshire Hills Bancorp in the NASDAQ 100?
No, Berkshire Hills Bancorp is not included in the NASDAQ 100 index
Is Berkshire Hills Bancorp in the Dow Jones?
No, Berkshire Hills Bancorp is not included in the Dow Jones index
When does Berkshire Hills Bancorp report earnings?
The next expected earnings date for Berkshire Hills Bancorp is 19 July 2024