BHLB Stock Overview
Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides various banking products and services in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
Berkshire Hills Bancorp, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$20.98 |
| 52 Week High | US$25.79 |
| 52 Week Low | US$18.07 |
| Beta | 0.87 |
| 1 Month Change | -2.83% |
| 3 Month Change | -11.10% |
| 1 Year Change | -9.22% |
| 3 Year Change | -2.15% |
| 5 Year Change | -28.71% |
| Change since IPO | 70.40% |
Recent News & Updates
Recent updates
BHLB: Surprise Q4 Loss Is Nothing To Worry About
Feb 02Berkshire Hills Bancorp (NYSE:BHLB) Will Pay A Dividend Of $0.18
Nov 06
Berkshire 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 13Berkshire Hills Bancorp Non-GAAP EPS of $0.51 beats by $0.04, revenue of $97.71M beats by $0.93M
Jul 20Berkshire Hills Bancorp Is Trading At Over 15 Times Earnings, So I'm On The Sidelines
Jun 03Berkshire Hills Bancorp: Earnings To Dip Due To A Lower Loan Balance, Higher Provision Expense
Jan 26Berkshire Hills Bancorp, Inc. Just Beat Revenue By 8.5%: Here's What Analysts Think Will Happen Next
Jan 24Shareholder Returns
| BHLB | US Banks | US Market | |
|---|---|---|---|
| 7D | 0.3% | -4.1% | -3.7% |
| 1Y | -9.2% | 19.9% | 20.5% |
Return vs Industry: BHLB underperformed the US Banks industry which returned 19.9% over the past year.
Return vs Market: BHLB underperformed the US Market which returned 20.5% over the past year.
Price Volatility
| BHLB volatility | |
|---|---|
| BHLB Average Weekly Movement | 4.4% |
| Banks Industry Average Movement | 4.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: BHLB has not had significant price volatility in the past 3 months.
Volatility Over Time: BHLB's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1846 | 1,310 | Nitin Mhatre | www.berkshirebank.com |
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.
Berkshire Hills Bancorp, Inc. Fundamentals Summary
| BHLB fundamental statistics | |
|---|---|
| Market cap | US$894.38m |
| Earnings (TTM) | US$21.77m |
| Revenue (TTM) | US$324.23m |
41.1x
P/E Ratio0.9x
P/B RatioIs BHLB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BHLB income statement (TTM) | |
|---|---|
| Revenue | US$324.23m |
| Cost of Revenue | US$0 |
| Gross Profit | US$324.23m |
| Other Expenses | US$302.46m |
| Earnings | US$21.77m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.51 |
| Gross Margin | 100.00% |
| Net Profit Margin | 6.72% |
| Debt/Equity Ratio | 45.4% |
How did BHLB perform over the long term?
See historical performance and comparison