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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BHLB underperformed the US Banks industry which returned -28% over the past year.
Return vs Market: BHLB underperformed the US Market which returned 19.5% over the past year.
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
1 week ago | Simply Wall StIs Berkshire Hills Bancorp, Inc. (NYSE:BHLB) A Risky Dividend Stock?
1 month ago | Simply Wall StBerkshire Hills Bancorp (NYSE:BHLB) Share Prices Have Dropped 71% In The Last Three Years
3 months ago | Simply Wall StWhat Type Of Shareholders Make Up Berkshire Hills Bancorp, Inc.'s (NYSE:BHLB) Share Registry?
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 ($10.85) is trading above our estimate of fair value ($9.93)
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 (0.5x) compared to the US Banks industry average (0.8x).
How is Berkshire Hills Bancorp forecast to perform in the next 1 to 3 years based on estimates from 4 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 (2.2%).
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: BHLB's revenue (8.7% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: BHLB's revenue (8.7% per year) is forecast to grow slower 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 (4.1%).
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 22.6% 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 (-3%).
Return on Equity
High ROE: BHLB has a negative Return on Equity (-43.11%), 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 (11.2x) is moderate.
Allowance for Bad Loans: BHLB has a sufficient allowance for bad loans (311%).
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 (71%).
Low Risk Deposits: BHLB's Loans to Deposits ratio (86%) is appropriate.
Level of Bad Loans: BHLB has an appropriate level of bad loans (0.5%).
What is Berkshire Hills Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BHLB's dividend (4.42%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: BHLB's dividend (4.42%) is low compared to the top 25% of dividend payers in the US market (4.66%).
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 covered by earnings (61.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sean Gray (44 yo)
Mr. Sean A. Gray has been the President of Berkshire Bank since November 26, 2018 and its Chief Operating Officer since September 25, 2015 and served as its Senior Executive Vice President since 2015 until ...
CEO Compensation Analysis
Compensation vs Market: Sean's total compensation ($USD1.35M) is about average for companies of similar size in the US market ($USD1.91M).
Compensation vs Earnings: Sean's compensation has increased whilst the company is unprofitable.
|Acting President & CEO||0.17yr||US$1.35m||0.14% |
|Senior Executive VP||4.25yrs||US$793.77k||0.026% |
|Senior Executive Vice President||7yrs||US$766.47k||0.087% |
|Senior EVP & Chief Risk Officer of Berkshire Bank||3.92yrs||US$499.72k||0.020% |
|Senior EVP||no data||no data||0.027% |
|Corporate Communications Manager||no data||no data||no data|
|Senior VP & Marketing Officer||14.42yrs||no data||no data|
|Executive VP||no data||no data||no data|
|Regional President of Pioneer Valley/ CT||no data||no data||no data|
|Executive VP and Regional Commercial Leader of Eastern Massachusetts & Asset Based Lending||10.83yrs||no data||no data|
|Senior Vice President and Commercial Relationship Manager||8.83yrs||no data||no data|
|Senior VP & Commercial Regional Leader of Eastern Massachusetts||no data||no data||no data|
Experienced Management: BHLB's management team is seasoned and experienced (7 years average tenure).
|Independent Director||15.75yrs||US$105.92k||0.046% |
|Independent Director||15.75yrs||US$102.92k||0.058% |
|Independent Director||15.75yrs||US$108.92k||0.079% |
|Independent Chairman of the Board||0.83yr||US$112.96k||0.16% |
|Non-Independent Director||1.42yrs||US$35.20k||0.065% |
|Non-Independent Director||10.75yrs||US$227.41k||0.045% |
|Chairman of Berkshire Housing Development Corp & Berkshire Housings Svcs Inc||no data||no data||no data|
|Independent Director||7.42yrs||US$109.92k||0.022% |
|Independent Director||0.67yr||no data||no data|
|Independent Director||2.83yrs||US$106.41k||0.017% |
|Independent Director||1.42yrs||US$28.00k||0.0034% |
|Independent Director||1.42yrs||US$28.00k||0.0034% |
Experienced Board: BHLB's board of directors are not considered experienced ( 2.8 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: BHLB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
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$541.738m
- Shares outstanding: 49.93m
- Website: https://www.berkshirebank.com
Number of Employees
- Berkshire Hills Bancorp, Inc.
- 60 State Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BHLB||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jun 2000|
|4I9||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jun 2000|
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||2020/10/19 23:58|
|End of Day Share Price||2020/10/19 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.