Looking for Sentiment Analysis? Discover the most popular stocks on Reddit by using our Sentiment Tracker
Market Cap 1.03B P/E 10.39 EPS this Y -2.30% Ern Qtrly Grth 0.70%
Income 21.94M Forward P/E 10.16 EPS next Y 11.30% 50D Avg Chg 3.00%
Sales 324.54M PEG 1.22 EPS past 5Y 7.74% 200D Avg Chg -13.00%
Dividend 3.00% Price/Book 1.01 EPS next 5Y 10.00% 52W High Chg -28.00%
Recommedations 2.80 Quick Ratio - Shares Outstanding 42.98M 52W Low Chg 25.00%
Insider Own 1.04% ROA 0.18% Shares Float 41.59M Beta 0.87
Inst Own 85.86% ROE 2.21% Shares Shorted/Prior 1.17M/1.05M Price 22.66
Gross Margin - Profit Margin 6.76% Avg. Volume 243,033 Target Price 28.00
Oper. Margin 31.31% Earnings Date Oct 24 Volume 272,192 Change 0.18%
About Berkshire Hills Bancorp, Inc.

Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides various banking products and services in the United States. The company provides various deposit accounts, including demand deposit, interest-bearing checking, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts. It offers loans, such as commercial real estate, commercial and industrial, residential mortgage, and consumer loans. In addition, the company provides wealth management services comprising investment management, trust administration, tax return preparation, and financial planning; and investment products and brokerage services. Further, it offers commercial cash management, online banking and mobile banking, small business banking, and asset based lending services; and debit cards and other electronic fee producing payment services to transaction account customers. It serves its products to personal, commercial, non-profit, and municipal deposit customers. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.

Berkshire Hills Bancorp, Inc. News
11/18/24 Beat the Market Like Zacks: Shopify, Fiserv, Carnival Corporation in Focus
11/12/24 Are Finance Stocks Lagging Kinsale Capital Group (KNSL) This Year?
11/10/24 Dividend Investors: Don't Be Too Quick To Buy Berkshire Hills Bancorp, Inc. (NYSE:BHLB) For Its Upcoming Dividend
11/07/24 Berkshire Hills Bancorp (NYSE:BHLB) Will Pay A Dividend Of $0.18
11/01/24 Berkshire Hills Announces Quarterly Shareholder Dividend
10/29/24 Berkshire Hills Bancorp Third Quarter 2024 Earnings: Beats Expectations
10/25/24 Berkshire Hills Bancorp Inc (BHLB) Q3 2024 Earnings Call Highlights: Strong Operating Earnings ...
10/24/24 Berkshire Hills (BHLB) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
10/24/24 Berkshire Hills Bancorp (BHLB) Q3 Earnings and Revenues Surpass Estimates
10/24/24 Berkshire Hills: Q3 Earnings Snapshot
10/24/24 Berkshire Hills Reports Higher Third Quarter Net Income of $37.5 million, or $0.88 Per Share
10/20/24 Berkshire Hills Bancorp, Inc. (NYSE:BHLB) is largely controlled by institutional shareholders who own 87% of the company
10/17/24 Berkshire Hills Bancorp (BHLB) Reports Next Week: Wall Street Expects Earnings Growth
10/07/24 Zacks Industry Outlook ServisFirst, Berkshire Hills Bancorp and Heritage Financial
10/04/24 3 Stocks to Outshine in the Thriving Savings & Loan Industry
10/01/24 Organic Growth & Strategic Initiatives Aid CFG, High Costs Ail
10/01/24 Berkshire Hills Announces Third Quarter 2024 Earnings Release and Conference Call Schedule
08/10/24 Berkshire Hills Bancorp Insiders Placed Bullish Bets Worth US$564.4k
08/06/24 Arrow Completes Acquisition of Whitehall, N.Y. Branch
07/19/24 Berkshire Hills (BHLB) Upgraded to Buy: What Does It Mean for the Stock?
BHLB Chatroom

User Image Aitana_Low Posted - 1 week ago

MYNZ 🔥 Perfect time to jump in, cheapest dip!!! Shorts volume increased. HUGE PR drop incoming before the Nov 13 meeting, so compliance is coming, no RS needed. Here is why… 1.Frankie Muniz backing Mainz (yes, the Malcolm guy & NASCAR #33 now repping MYNZ). 2.Petra, ex-Obama advisor, hinted at a big U.S. lab partner. Solid source! 3.Six news hits in 3 weeks—momentum. 4.Already solid in the EU, not new but expanding, with insurance covering their tests. 5.Their test has 88% accuracy vs. EXAS (42%) & GH (20%)—big edge! 6.$1.5M private placement in the bag. 7.CEO teased big plans ahead. 8.Offering Deal $BST $BHLB

User Image IN0V8 Posted - 2 weeks ago

$BHLB RBC raises target price to $32 from $26

User Image WeeklyTrader Posted - 10/23/24

Time to get hyped about $BHLB! RSI: 53.88% 50-day MA: $26.77 200-day MA: $23.92

User Image WeeklyTrader Posted - 1 month ago

Who's feeling bullish on $BHLB? RSI: 60.64% 50-day MA: $26.45 200-day MA: $23.82

User Image NVDAMillionaire Posted - 07/31/24

$BHLB Berkshire Hills (BHLB) Delivers Solid Q2 Results, Maintains Guidance Amid Challenging Environment http://beyondspx.com/2024/07/31/berkshire-hills-bhlb-delivers-solid-q2-results-maintains-guidance-amid-challenging-environment/

User Image StockInvest_us Posted - 07/25/24

Signal alert: $BHLB - Overbought Trend Short (Overvalued) https://stockinvest.us/l/miEyZViJvM

User Image trendx Posted - 4 months ago

$BHLB The stock has broken out above a resistance level around $25.81 with increased volume, indicating strong buying interest. Trade Plan for 2-3 Days: Entry: Consider entering around the current price of $27.29, or on a slight pullback to the breakout level near $25.81 to $26.00 for a better risk-reward ratio. Stop Loss: Place a stop loss below the recent support level, around $25.00. This level has been a resistance in the past and should act as support now. Target: Short-term Target 1: $29.00 - This is a conservative target based on the momentum and recent price action. Short-term Target 2: $30.50 - A more aggressive target considering the strength of the breakout and increased volume.

User Image DonCorleone77 Posted - 4 months ago

$BHLB Berkshire Hills Bancorp reports Q2 operating EPS 55c, consensus 52c Tangible book value per common share was $23.18 from $22.84 at previous quarter end. CEO Nitin Mhatre stated, "Operating income advanced for the second consecutive quarter and we benefited from loan growth, credit quality, and expense management. The consolidation of three branch offices was completed, bringing our branch count to 93, and we remain on target to conclude the pending sale of ten offices in the second half of the year....The margin increase benefited from loan growth and impacts from prior quarter securities sales. Net interest income increased $392K linked quarter, following several quarters of decreases. Operating non-interest income increased $2.8M, primarily due to higher gain on SBA loans. The loan loss provision increased by approximately $500K, supporting loan growth and increasing the credit loss allowance to 1.22% of total loans. Linked quarter operating expenses decreased $1.1 million due primarily to lower compensation and occupancy expense. The efficiency ratio improved to 63.4% from 66.3%. Capital ratios remained strong, with the tangible common equity ratio remaining unchanged at 8.2%."

User Image epsguid Posted - 4 months ago

$BHLB reported earnings of $0.55, consensus was $0.51 via @eWhispers #epsbeat http://eps.sh/d/bhlb

User Image Stock_Titan Posted - 4 months ago

$BHLB Berkshire Hills Reports a Solid Second Quarter Net Income of $24.0 million, or $0.57 Per Share https://www.stocktitan.net/news/BHLB/berkshire-hills-reports-a-solid-second-quarter-net-income-of-24-0-5cithcsbts33.html

User Image trendx Posted - 4 months ago

$BHLB (Berkshire Hills Bancorp) Trade Setup: Entry: Around $25.50 on a pullback or above $27.00 on a breakout. Target (1 week): Around $28.50. Stop-Loss: $24.50. Disclaimer: I am not a financial advisor, and this information should not be taken as financial advice.

User Image Stock_Titan Posted - 06/27/24

$BHLB Berkshire Hills Announces Second Quarter 2024 Earnings Release and Conference Call Schedule https://www.stocktitan.net/news/BHLB/berkshire-hills-announces-second-quarter-2024-earnings-release-and-98ja473sr3x0.html

User Image Avocado_smash Posted - 5 months ago

Ex Dividend week of 06/17: (3) $SNV $FTCO $DIN $BHLB $BBY

User Image StockInvest_us Posted - 5 months ago

Signal alert: $BHLB - PivotPoint bottom https://stockinvest.us/l/TCl5D9MPEq

User Image StockInvest_us Posted - 05/31/24

Signal alert: $BHLB - PivotPoint bottom https://stockinvest.us/l/Pn7NemoFxJ

User Image Stock_Titan Posted - 6 months ago

$BHLB Berkshire Hills Bancorp Announces Results of Annual Meeting https://www.stocktitan.net/news/BHLB/berkshire-hills-bancorp-announces-results-of-annual-9s7kzltwwn05.html

User Image Stock_Titan Posted - 6 months ago

$BHLB Berkshire Hills Announces Executive Transition https://www.stocktitan.net/news/BHLB/berkshire-hills-announces-executive-raozudcqfamc.html

User Image CEOBuysDisclosures Posted - 04/26/24

$BHLB CEO purchased 1,100 shares at $22.02 for a total of $24,221. Mhatre Nitin J. now owns 114,253 shares. https://ceo-buys.com

User Image insiderbuyingselling Posted - 04/26/24

$BHLB new insider buying: 1100 shares. http://insiderbuyingselling.com/?t=BHLB

User Image epsguid Posted - 7 months ago

$BHLB reported earnings of $0.49, consensus was $0.47 via @eWhispers #epsbeat http://eps.sh/d/bhlb

User Image DonCorleone77 Posted - 7 months ago

$BHLB Berkshire Hills Bancorp reports Q1 operating EPS 49c, consensus 47c Reports Q1 NII $88.1M, consensus $89.01M. CEO Nitin Mhatre stated, "We had a solid start to the year, increasing operating earnings, growing loans, and maintaining solid asset quality and capital strength. In March, we announced the planned sale of ten branches which will enhance efficiency and profitability, while strengthening our focus in core New York markets. In anticipation of completing the branch sale in Q3, we sold lower yielding investment securities, resulting in a non-operating charge. During the quarter, we announced key hires bolstering Berkshire's commercial and private banking teams. Newsweek magazine also ranked Berkshire as one of the top 10 most trusted banks in America, recognizing our commitment to integrity, respect, and transparency as a trusted client advisor and financial partner." CFO David Rosato added, "Q1 operating earnings were $20.9M, increasing $744K linked quarter. We sold $362M in securities, resulting in a $49.9M non-operating charge- $38.3M after-tax, or 89c per share. Net interest margin of 3.15% increased 4 basis points including the benefit of the 4Q23 securities sales...Total shareholders' equity was not impacted by the securities sale and the common equity Tier 1 ratio remained a healthy 11.6% at period-end."

User Image Stock_Titan Posted - 7 months ago

$BHLB Berkshire Hills Reports First Quarter 2024 Results https://www.stocktitan.net/news/BHLB/berkshire-hills-reports-first-quarter-2024-4xuql3fp42l5.html

User Image Stock_Titan Posted - 03/28/24

$BHLB Berkshire Hills Announces First Quarter 2024 Earnings Release and Conference Call Schedule https://www.stocktitan.net/news/BHLB/berkshire-hills-announces-first-quarter-2024-earnings-release-and-b1kehnyx9ksx.html

User Image Stock_Titan Posted - 8 months ago

$BHLB Berkshire Hills Bancorp Bolsters Commercial & Private Banking Franchise https://www.stocktitan.net/news/BHLB/berkshire-hills-bancorp-bolsters-commercial-amp-private-banking-35jn09oqx55d.html

User Image insiderbuyingselling Posted - 8 months ago

$BHLB new insider selling: 926 shares. http://insiderbuyingselling.com/?t=BHLB

User Image insiderbuyingselling Posted - 8 months ago

$BHLB new insider selling: 10074 shares. http://insiderbuyingselling.com/?t=BHLB

User Image swingingtech Posted - 8 months ago

$BHLB $AROW https://wallstreetwaves.com/berkshire-hills-bancorp-bhlb-to-sell-10-new-york-branches/

User Image Stock_Titan Posted - 8 months ago

$AROW $BHLB Arrow Announces Acquisition of Whitehall, N.Y. Branch https://www.stocktitan.net/news/AROW/arrow-announces-acquisition-of-whitehall-n-y-evaxj40qqurc.html

User Image DonCorleone77 Posted - 8 months ago

$BHLB Berkshire Hills Bancorp to sell 10 upstate, eastern New York branches Berkshire Hills Bancorp announced that its wholly owned subsidiary Berkshire Bank has entered into definitive agreements with three buyers to sell 10 of its upstate and eastern New York branches, consisting of eight offices in Albany, Saratoga, Schenectady and Columbia counties, one office in Whitehall and one office in East Syracuse. The sales include approximately $485.5M in deposits, $60.5M of related residential mortgage and consumer loans along with all branch premises and equipment. The transactions exclude Berkshire's commercial banking business. Hudson Valley Credit Union is purchasing eight locations in Albany, Saratoga, Schenectady, and Columbia counties, Glens Falls National Bank and Trust Company is purchasing one location in Whitehall and Pathfinder Bank is purchasing one location in East Syracuse. The buyers intend to offer employment to all associated staff....

User Image Stock_Titan Posted - 8 months ago

$BHLB Berkshire Hills Bancorp to Sell Select Upstate and Eastern New York Branches https://www.stocktitan.net/news/BHLB/berkshire-hills-bancorp-to-sell-select-upstate-and-eastern-new-york-t9jv5y21248u.html

Analyst Ratings
Janney Montgomery Scott Neutral Jul 22, 24
Keefe, Bruyette & Woods Market Perform Jan 30, 24
Seaport Global Neutral Jan 29, 24
RBC Capital Sector Perform Jan 26, 24
Piper Sandler Neutral Jan 10, 24
RBC Capital Sector Perform Oct 23, 23
Seaport Global Sell Sep 12, 23
RBC Capital Sector Perform Apr 21, 23
Keefe, Bruyette & Woods Market Perform Apr 6, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Zaitzeff Michael Director Director Feb 01 Sell 22.98 50,375 1,157,618 238,108 02/05/24
Zaitzeff Michael Director Director Jan 29 Sell 25 113,212 2,830,300 288,483 01/31/24
Callahan Mary Anne Director Director Nov 08 Buy 20.3 6,000 121,800 16,000 11/09/23
Callahan Mary Anne Director Director Sep 20 Buy 19.87 18,000 357,660 10,000 09/20/23
Mhatre Nitin J. President and CEO President and CEO Sep 12 Buy 19.8228 1,000 19,823 58,030 09/14/23
Mhatre Nitin J. President and CEO President and CEO Jul 25 Buy 22.29 1,500 33,435 57,030 07/25/23
Mhatre Nitin J. President and CEO President and CEO May 02 Buy 19.53 2,100 41,013 55,530 05/03/23
Mhatre Nitin J. President and CEO President and CEO Mar 15 Buy 24.62 3,900 96,018 53,430 03/15/23
Hughes William H III Director Director Mar 14 Buy 26.19 190 4,976 7,163 03/14/23
Prescott Wm Gordon EVP and General Coun.. EVP and General Counsel May 31 Buy 25.9983 16 416 1,196 06/01/22
Zaitzeff Michael Director Director May 16 Sell 24.70 1,274,279 31,474,691 05/18/22
Mhatre Nitin J. President and CEO President and CEO May 10 Buy 25.13 1,500 37,695 43,331 05/11/22
Hughes William H III Director Director May 06 Buy 25.16 40 1,006 3,147 05/09/22
Kip Jeffrey W Director Director Jan 31 Buy 29.2 10,000 292,000 10,436 02/02/22
Mhatre Nitin J. President and CEO President and CEO Jan 25 Buy 29.4795 2,700 79,595 38,000 01/26/22
White Jason T EVP, Chief Informati.. EVP, Chief Information Officer Nov 09 Option 23.34 5,280 123,235 5,748 11/12/21
White Jason T EVP, Chief Informati.. EVP, Chief Information Officer Nov 09 Sell 28.06 5,280 148,157 468 11/12/21
TEMPLETON D JEFFREY Director Director Dec 11 Sell 19.05 8,000 152,400 17,656 12/11/20
MAHONEY CORNELIUS D Director Director Dec 11 Sell 18.64 7,275 135,606 12,565 12/11/20