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Market Cap 1.03B P/E 10.39 EPS this Y -4.10% Ern Qtrly Grth -
Income 21.77M Forward P/E 10.16 EPS next Y 16.30% 50D Avg Chg 3.00%
Sales 324.23M PEG 1.05 EPS past 5Y 5.00% 200D Avg Chg -13.00%
Dividend 3.00% Price/Book 1.01 EPS next 5Y 10.00% 52W High Chg -28.00%
Recommedations 2.50 Quick Ratio - Shares Outstanding 43.42M 52W Low Chg 25.00%
Insider Own 1.03% ROA 0.18% Shares Float 42.05M Beta 0.87
Inst Own 84.99% ROE 2.17% Shares Shorted/Prior 860.25K/845.74K Price 22.66
Gross Margin - Profit Margin 6.72% Avg. Volume 243,033 Target Price 25.40
Oper. Margin -39.99% Earnings Date Jul 18 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
04/19/24 Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Q1 2024 Earnings Call Transcript
04/18/24 Q1 2024 Berkshire Hills Bancorp Inc Earnings Call
04/18/24 Here's What Key Metrics Tell Us About Berkshire Hills (BHLB) Q1 Earnings
04/18/24 Berkshire Hills Bancorp (BHLB) Q1 Earnings Beat Estimates
04/18/24 Berkshire Hills Reports First Quarter 2024 Results
04/15/24 Unlocking Q1 Potential of Berkshire Hills (BHLB): Exploring Wall Street Estimates for Key Metrics
04/11/24 Analysts Estimate Berkshire Hills Bancorp (BHLB) to Report a Decline in Earnings: What to Look Out for
04/05/24 Bank branch acquisitions gather momentum
03/28/24 Berkshire Hills Announces First Quarter 2024 Earnings Release and Conference Call Schedule
03/21/24 Berkshire Hills Bancorp Bolsters Commercial & Private Banking Franchise
03/16/24 Income Investors Should Know That Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Goes Ex-Dividend Soon
03/07/24 Berkshire Hills Announces Quarterly Shareholder Dividend
03/05/24 Berkshire Hills Bancorp (BHLB) to Sell 10 New York Branches
03/04/24 Arrow Announces Acquisition of Whitehall, N.Y. Branch
03/04/24 Berkshire Hills Bancorp to Sell Select Upstate and Eastern New York Branches
02/29/24 Berkshire Hills Bancorp Insiders Added US$817.2k Of Stock To Their Holdings
02/12/24 Berkshire Hills Announces Annual Meeting Date
01/30/24 New Strong Sell Stocks for January 30th
01/27/24 Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Q4 2023 Earnings Call Transcript
01/25/24 Q4 2023 Berkshire Hills Bancorp Inc Earnings Call
BHLB Chatroom

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 - 04/18/24

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

User Image DonCorleone77 Posted - 04/18/24

$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 - 04/18/24

$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 - 03/21/24

$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 - 03/19/24

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

User Image insiderbuyingselling Posted - 03/08/24

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

User Image swingingtech Posted - 03/05/24

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

User Image Stock_Titan Posted - 03/04/24

$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 - 03/04/24

$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 - 03/04/24

$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

User Image StockInvest_us Posted - 02/20/24

Signal alert: $BHLB - Oversold Trend Short (Undervalued) https://stockinvest.us/l/GJpQaGtXau

User Image StockInvest_us Posted - 02/16/24

Signal alert: $BHLB - Oversold Trend Short (Undervalued) https://stockinvest.us/l/cbFBcW1FXz

User Image Stock_Titan Posted - 02/12/24

$BHLB Berkshire Hills Announces Annual Meeting Date https://www.stocktitan.net/news/BHLB/berkshire-hills-announces-annual-meeting-p4lj0zdj3s5y.html

User Image TickerDD_com Posted - 02/12/24

From 2/9/2024, looking back across 22 Month-Ends for BHLB, Percentage Change of Average Monthly Price had More Negatives (55%) while Percentage Change of Average Monthly Volume had More Positives (95%) $BHLB #BHLB #BHLBStock #TickerDD #BHLBPrice https://www.youtube.com/watch?v=9QSgXax3lxQ

User Image insiderbuyingselling Posted - 02/08/24

$BHLB new insider selling: 63846 shares. http://insiderbuyingselling.com/?t=BHLB

User Image swingingtech Posted - 02/06/24

$SNX $BFI $BHLB $W https://wallstreetwaves.com/td-synnex-berkshire-hills-bancorp-and-2-other-stocks-insiders-are-selling/

User Image insiderbuyingselling Posted - 02/05/24

$BHLB new insider selling: 50375 shares. http://insiderbuyingselling.com/?t=BHLB

User Image insiderbuyingselling Posted - 01/31/24

$BHLB new insider selling: 113212 shares. http://insiderbuyingselling.com/?t=BHLB

User Image Thestocktraderhubzee Posted - 01/26/24

$BHLB RBC Capital Reiterates Sector Perform on Berkshire Hills Bancorp, Maintains $26 Price Target

User Image Last10K Posted - 01/25/24

$BHLB just filed with the SEC a Earnings Release, a Regulated Disclosure and a Financial Exhibit https://last10k.com/sec-filings/BHLB/0001104659-24-006586.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=BHLB

User Image DonCorleone77 Posted - 01/25/24

$BHLB Berkshire Hills Bancorp announces $40M share repurchase program

User Image DonCorleone77 Posted - 01/25/24

$BHLB Berkshire Hills Bancorp reports Q4 EPS 47c, consensus 49c Reports net interest margin, FTE 3.11% vs. 3.84% last year.

User Image epsguid Posted - 01/25/24

$BHLB reported earnings of $0.47, consensus was $0.50 via @eWhispers #epsmiss http://eps.sh/d/bhlb

User Image tickeron Posted - 01/24/24

Berkshire Hills Bancorp to report earnings on January 25, 2024. Earnings per share (EPS) estimate: $0.49 $BHLB https://srnk.us/go/4977906

User Image macroaxis Posted - 01/24/24

$BHLB - Compare Berkshire Hills with Boyd Gaming ( $BYD ). Earnings call tomorrow https://www.macroaxis.com/competition/BHLB/BYD/Berkshire-vs-Boyd #portfolio_prospective #better_portfolio #diversify

User Image cctranscripts Posted - 01/23/24

BlackRock, Inc. just provided an update on share ownership of Berkshire Hills Bancorp https://www.conferencecalltranscripts.org/summary/?id=12886985 $BHLB

User Image risenhoover Posted - 01/10/24

$BHLB BHLB / Berkshire Hills Bancorp, Inc. upgraded by Piper Sandler https://fintel.io/sfo/us/bhlb?utm_source=stocktwits.com&utm_medium=referral&utm_campaign=upgrade

Analyst Ratings
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
Piper Sandler Underweight Oct 14, 22
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