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Berkshire Hills Bancorp (BHLB) Stock

Profile

Country:

United States

IPO:

28 June 2000

Indexes:

Not included

Description:

Berkshire Hills Bancorp (BHLB) is a regional bank holding company based in Massachusetts. It offers a range of financial services, including personal and commercial banking, wealth management, and insurance products, primarily serving customers in the New England area.

Key Details

Price

$30.90

TTM Dividend Yield

2.33%(-31.67% YoY)

Annual Revenue

$411.83 M(-0.41% YoY)

Annual EPS

$1.60(-20.79% YoY)

PE Ratio

32.53(+257.47% YoY)

Beta

0.96

Events Calendar

Earnings

Next earnings date:

Jan 24, 2025

Recent quarterly earnings:

Oct 24, 2024

Recent annual earnings:

Jan 25, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 14, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

22 July '24 Janney Montgomery Scott
Neutral
30 Jan '24 Keefe, Bruyette & Woods
Market Perform
29 Jan '24 Seaport Global
Neutral
26 Jan '24 RBC Capital
Sector Perform
10 Jan '24 Piper Sandler
Neutral
23 Oct '23 RBC Capital
Sector Perform
12 Sept '23 Seaport Global
Sell
21 Apr '23 RBC Capital
Sector Perform
06 Apr '23 Keefe, Bruyette & Woods
Market Perform
14 Oct '22 Piper Sandler
Underweight

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Institutional Ownership

Berkshire Hills Announces Quarterly Shareholder Dividend
Berkshire Hills Announces Quarterly Shareholder Dividend
Berkshire Hills Announces Quarterly Shareholder Dividend
BHLB
prnewswire.com01 November 2024

BOSTON , Nov. 1, 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 November 14, 2024, payable on November 27, 2024.  About Berkshire Hills Bancorp Headquartered in Boston, Berkshire Hills Bancorp is the parent of Berkshire Bank.

Berkshire Hills Bancorp, Inc. (BHLB) Q3 2024 Earnings Call Transcript
Berkshire Hills Bancorp, Inc. (BHLB) Q3 2024 Earnings Call Transcript
Berkshire Hills Bancorp, Inc. (BHLB) Q3 2024 Earnings Call Transcript
BHLB
seekingalpha.com24 October 2024

Berkshire Hills Bancorp, Inc. (NYSE:BHLB ) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Kevin Conn - Investor Relations Officer Nitin Mhatre - Chief Executive Officer Brett Brbovic - Chief Financial Officer Greg Lindenmuth - Chief Risk Officer Conference Call Participants Christopher O'Connell - KBW Laurie Hunsicker - Seaport Research Mark Fitzgibbon - Piper Sandler Operator Good morning, ladies and gentlemen, and welcome to the Berkshire Hills Bancorp Third Quarter 2024 Earnings Conference Call. At this time, all lines are in listen-only mode.

Berkshire Hills Reports Higher Third Quarter Net Income of $37.5 million, or $0.88 Per Share
Berkshire Hills Reports Higher Third Quarter Net Income of $37.5 million, or $0.88 Per Share
Berkshire Hills Reports Higher Third Quarter Net Income of $37.5 million, or $0.88 Per Share
BHLB
prnewswire.com24 October 2024

Operating EPS of $0.58 increased 5% linked quarter and 16% year-over-year $16 million non-operating gain on branch sale ($0.30 per share after tax) Operating revenue up 1% linked quarter and 2% year-over-year 14.8% return on tangible common equity; 9.9% operating return on tangible common equity Branch sale and loan sale are expected to further improve long-term profitability  BOSTON , Oct. 24, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported results for the third quarter of 2024. These results along with comparison periods are summarized below: ($ in millions, except per share data) Three Months Ended Sept.

Berkshire Hills (BHLB) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Berkshire Hills (BHLB) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Berkshire Hills (BHLB) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
BHLB
zacks.com24 October 2024

While the top- and bottom-line numbers for Berkshire Hills (BHLB) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

3 Stocks to Outshine in the Thriving Savings & Loan Industry
3 Stocks to Outshine in the Thriving Savings & Loan Industry
3 Stocks to Outshine in the Thriving Savings & Loan Industry
BHLB
zacks.com04 October 2024

Stocks in the Zacks Savings and loan industry like SFBS, BHLB and HFWA should benefit from the decline in mortgage rates and an improving lending scenario.

Berkshire Hills Announces Third Quarter 2024 Earnings Release and Conference Call Schedule
Berkshire Hills Announces Third Quarter 2024 Earnings Release and Conference Call Schedule
Berkshire Hills Announces Third Quarter 2024 Earnings Release and Conference Call Schedule
BHLB
prnewswire.com01 October 2024

BOSTON , Oct. 1, 2024 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) third quarter 2024 earnings release and conference call are scheduled as follows: Earnings Release:      October 24, 2024, at approximately 7:30 a.m. (Eastern) Conference Call:          Thursday, October 24, 2024, at 9:00 a.m.

Berkshire Hills Announces Quarterly Shareholder Dividend
Berkshire Hills Announces Quarterly Shareholder Dividend
Berkshire Hills Announces Quarterly Shareholder Dividend
BHLB
prnewswire.com17 September 2024

BOSTON , Sept. 17, 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 September 30, 2024, payable on October 10, 2024.

Berkshire Hills (BHLB) Upgraded to Buy: What Does It Mean for the Stock?
Berkshire Hills (BHLB) Upgraded to Buy: What Does It Mean for the Stock?
Berkshire Hills (BHLB) Upgraded to Buy: What Does It Mean for the Stock?
BHLB
zacks.com19 July 2024

Berkshire Hills (BHLB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Berkshire Hills Bancorp, Inc. (BHLB) Q2 2024 Earnings Call Transcript
Berkshire Hills Bancorp, Inc. (BHLB) Q2 2024 Earnings Call Transcript
Berkshire Hills Bancorp, Inc. (BHLB) Q2 2024 Earnings Call Transcript
BHLB
seekingalpha.com18 July 2024

Berkshire Hills Bancorp, Inc. (NYSE:BHLB ) Q2 2024 Earnings Conference Call July 18, 2024 9:00 AM ET Company Participants Kevin Conn - IR & Corporate Development Officer Nitin Mhatre - CEO Brett Brbovic - CFO Sean Gray - EVP & CFO Gregory Lindenmuth - SEVP & Chief Risk Officer Conference Call Participants Laurie Hunsicker - Seaport Research Mark Fitzgibbon - Piper Sandler Christopher O'Connell - KBW Operator Good morning, ladies and gentlemen, and welcome to the Berkshire Hills Bancorp Second Quarter 2024 Earnings Conference Call. At this time, all lines are in a listen-only mode.

Berkshire Hills Bancorp (BHLB) Beats Q2 Earnings and Revenue Estimates
Berkshire Hills Bancorp (BHLB) Beats Q2 Earnings and Revenue Estimates
Berkshire Hills Bancorp (BHLB) Beats Q2 Earnings and Revenue Estimates
BHLB
zacks.com18 July 2024

Berkshire Hills Bancorp (BHLB) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.55 per share a year ago.

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FAQ

  • What is the primary business of Berkshire Hills Bancorp?
  • What is the ticker symbol for Berkshire Hills Bancorp?
  • Does Berkshire Hills Bancorp pay dividends?
  • What sector is Berkshire Hills Bancorp in?
  • What industry is Berkshire Hills Bancorp in?
  • What country is Berkshire Hills Bancorp based in?
  • When did Berkshire Hills Bancorp go public?
  • Is Berkshire Hills Bancorp in the S&P 500?
  • Is Berkshire Hills Bancorp in the NASDAQ 100?
  • Is Berkshire Hills Bancorp in the Dow Jones?
  • When was Berkshire Hills Bancorp's last earnings report?
  • When does Berkshire Hills Bancorp report earnings?
  • Should I buy Berkshire Hills Bancorp stock now?

What is the primary business of Berkshire Hills Bancorp?

Berkshire Hills Bancorp (BHLB) is a regional bank holding company based in Massachusetts. It offers a range of financial services, including personal and commercial banking, wealth management, and insurance products, primarily serving customers in the New England area.

What is the ticker symbol for Berkshire Hills Bancorp?

The ticker symbol for Berkshire Hills Bancorp is NYSE:BHLB

Does Berkshire Hills Bancorp pay dividends?

Yes, Berkshire Hills Bancorp pays dividends. The last payment was $0.18, with an ex-dividend date on 14 November 2024

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 based in?

Berkshire Hills Bancorp is headquartered in United States

When did Berkshire Hills Bancorp go public?

Berkshire Hills Bancorp's initial public offering (IPO) was on 28 June 2000

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 was Berkshire Hills Bancorp's last earnings report?

Berkshire Hills Bancorp's most recent earnings report was on 24 October 2024

When does Berkshire Hills Bancorp report earnings?

The next expected earnings date for Berkshire Hills Bancorp is 24 January 2025

Should I buy Berkshire Hills Bancorp stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions