Berkshire Hills Bancorp, Inc. operates as a bank holding company for Berkshire Bank that provides various banking products and services. More Details
Flawless balance sheet with moderate growth potential.
Share Price & News
How has Berkshire Hills Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BHLB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BHLB's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BHLB underperformed the US Banks industry which returned 83% over the past year.
Return vs Market: BHLB underperformed the US Market which returned 57.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Berkshire Hills Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StLooking For Steady Income For Your Dividend Portfolio? Is Berkshire Hills Bancorp, Inc. (NYSE:BHLB) A Good Fit?
4 weeks ago | Simply Wall StWe Wouldn't Be Too Quick To Buy Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Before It Goes Ex-Dividend
1 month ago | Simply Wall StCould The Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Ownership Structure Tell Us Something Useful?
Is Berkshire Hills Bancorp undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: BHLB ($22.34) is trading above our estimate of fair value ($13.54)
Significantly Below Fair Value: BHLB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BHLB is unprofitable, so we can't compare its PE Ratio to the US Banks industry average.
PE vs Market: BHLB is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BHLB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BHLB is good value based on its PB Ratio (0.9x) compared to the US Banks industry average (1.1x).
How is Berkshire Hills Bancorp forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BHLB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: BHLB is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BHLB's is expected to become profitable in the next 3 years.
Revenue vs Market: Insufficient data to determine if BHLB's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if BHLB's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BHLB's Return on Equity is forecast to be low in 3 years time (5.8%).
How has Berkshire Hills Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BHLB is currently unprofitable.
Growing Profit Margin: BHLB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BHLB is unprofitable, and losses have increased over the past 5 years at a rate of 55.3% per year.
Accelerating Growth: Unable to compare BHLB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BHLB is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (1.5%).
Return on Equity
High ROE: BHLB has a negative Return on Equity (-43.2%), as it is currently unprofitable.
How is Berkshire Hills Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: BHLB's Assets to Equity ratio (10.8x) is moderate.
Allowance for Bad Loans: BHLB has a sufficient allowance for bad loans (196%).
Low Risk Liabilities: 88% of BHLB's liabilities are made up of primarily low risk sources of funding.
Loan Level: BHLB has an appropriate level of Loans to Assets ratio (62%).
Low Risk Deposits: BHLB's Loans to Deposits ratio (78%) is appropriate.
Level of Bad Loans: BHLB has an appropriate level of bad loans (0.8%).
What is Berkshire Hills Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BHLB's dividend (2.15%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: BHLB's dividend (2.15%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: BHLB's dividend payments have been volatile in the past 10 years.
Growing Dividend: BHLB's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: BHLB is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: BHLB's dividends in 3 years are forecast to be well covered by earnings (36.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nitin Mhatre (49 yo)
Mr. Nitin J. Mhatre serves as President, Chief Executive Officer and Director at Berkshire Hills Bancorp, Inc. since January 29, 2021. He serves as Chief Executive Officer and Director at Berkshire Bank si...
Experienced Management: BHLB's management team is seasoned and experienced (6.3 years average tenure).
Experienced Board: BHLB's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.
Berkshire Hills Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Berkshire Hills Bancorp, Inc.
- Ticker: BHLB
- Exchange: NYSE
- Founded: 1846
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$1.166b
- Shares outstanding: 50.99m
- Website: https://www.berkshirebank.com
Number of Employees
- Berkshire Hills Bancorp, Inc.
- 60 State Street
- United States
Berkshire Hills Bancorp, Inc. operates as a bank holding company for Berkshire Bank that provides various banking products and services. It offers various deposit accounts, including demand deposit, NOW, r...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/16 22:36|
|End of Day Share Price||2021/04/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.