Berkshire Hills Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Berkshire Hills Bancorp has total assets of $11.6B and total equity of $1.1B. Total deposits are $9.6B, and total loans are $9.1B. It earns a Net Interest Margin of 3.3%. It has sufficient allowance for bad loans, which are currently at 0.3% of total loans. Cash and short-term investments are $575.5M.
Key information
10.8x
Asset to equity ratio
3.3%
Net interest margin
| Total deposits | US$9.58b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.3% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$575.53m |
Recent financial health updates
No updates
Recent updates
Berkshire Hills Bancorp (NYSE:BHLB) Is Paying Out A Dividend Of $0.18
Nov 07
Berkshire Hills Bancorp: Earnings Likely To Bounce Back, But Risks Are High
May 01BHLB: Surprise Q4 Loss Is Nothing To Worry About
Feb 02Berkshire Hills Bancorp (NYSE:BHLB) Will Pay A Dividend Of $0.18
Nov 06Berkshire Hills Bancorp: Earnings Outlook Remains Positive (Rating Upgrade)
Jun 13Berkshire Hills Bancorp declares $0.18 dividend
Feb 03Berkshire Hills Bancorp announces $50M stock buyback program
Jan 25Berkshire Hills Bancorp: Earnings Likely To Recover Thanks To Topline Growth
Jan 03Berkshire Hills Bancorp (NYSE:BHLB) Is Increasing Its Dividend To $0.18
Nov 07Berkshire Hills Bancorp raises dividend by 50% to $0.18
Nov 04Berkshire Hills Bancorp Non-GAAP EPS of $0.62 beats by $0.03, revenue of $108.81M beats by $2.87M
Oct 20Berkshire Hills Bancorp's Subhadeep Basu steps down from CFO role
Oct 13Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
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 (467%).
Low Risk Liabilities: 91% 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 (78%).
Low Risk Deposits: BHLB's Loans to Deposits ratio (95%) is appropriate.
Level of Bad Loans: BHLB has an appropriate level of bad loans (0.3%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 19:34 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
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Industry and Sector Metrics
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Analyst Sources
Berkshire Hills Bancorp, Inc. is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Bishop | D.A. Davidson & Co. |
| David Bishop | Drexel Hamilton |
| Christopher Marinac | FIG Partners |