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Berkshire Hills Bancorp Inc

Company price
None USD 0.00(0%)
Last update at 2025-10-09T20:06:29.045489Z
Market Cap
1305.17M
P/E
32.31

Momentum Score

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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.

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52 Week Price Range
20.07
Low
32.36
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
-
Dividend Yield
2.34%
Revenue TTM
344.86M
Revenue Per Share
8.10
Gross Profit TTM
402.53M
Debt / Equity
0.56
ROE
3.95%
Net Debt
-634.95M
ROCE
5.44%
Diluted EPS TTM
0.94

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 113.82M 149.02M -533.03M 123.98M 133.41M
Net income 92.53M 118.66M -513.17M 97.45M 105.77M
Selling general administrative 152.74M 184.39M 186.08M 171.29M 199.52M
Selling and marketing expenses 5.10M 2.75M 3.70M 4.47M 7.98M
Gross profit 171.76M 134.22M 381.85M 447.91M 220.45M
Reconciled depreciation 14.71M 16.23M 18.10M 16.70M 15.73M
Ebit 156.48M 149.02M -552.87M 119.91M 256.03M
Ebitda 171.19M 165.26M -546.69M 125.70M 260.97M
Depreciation and amortization 14.71M 16.23M 6.18M 5.78M 4.93M
Operating income 156.48M 149.02M -552.87M 119.91M 245.24M
Other operating expenses 248.28M -232.45M -934.72M -328.00M 223.54M
Interest expense 42.66M 37.90M 93.00M 144.25M 111.83M
Tax provision 21.29M 30.36M -19.85M 22.46M 27.65M
Interest income 387.26M 329.06M 409.78M 509.51M 471.16M
Net interest income 344.60M 291.17M 316.78M 365.26M 359.34M
Extraordinary items - - - -4.07M -3.45M
Income tax expense 21.29M 30.36M -19.85M 22.46M 27.65M
Total revenue 413.53M 381.47M 381.85M 447.91M 468.77M
Total operating expenses 5.10M -232.45M -934.72M -328.00M -223.54M
Cost of revenue 241.78M 247.25M - - 248.32M
Total other income expense net -42.66M 30.36M 19.84M 4.07M -111.83M
Discontinued operations - - -19.84M -4.07M -3.45M
Net income from continuing ops 92.53M 118.66M -513.17M 101.52M 105.77M
Net income applicable to common shares 92.53M 118.66M -533.33M 96.49M 104.85M
Preferred stock and other adjustments - - 0.31M 0.96M 0.92M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 12430.82M 11662.86M 11554.91M 12838.01M 13211.97M
Intangible assets 31.76M 37.53M 45.64M 34.82M 45.62M
Earning assets - - - - 2361.11M
Other current assets 1306.98M -1423.20M 10.69M 5618.29M 8245.54M
Total liab 11418.60M 10708.80M 10372.48M 11650.24M 11453.41M
Total stockholder equity 1012.22M 954.06M 1182.43M 1187.77M 1758.56M
Other current liab 9271.37M -1.61M -0.78M -43.87M -136.62M
Common stock 0.53M 0.53M 1182.43M 0.53M 0.52M
Capital stock 0.53M 0.53M 0.53M 0.53M 41.15M
Retained earnings -33.14M -71.43M -139.38M -233.34M 361.08M
Other liab - 88.58M 192.68M 232.73M 82.67M
Good will - -13.05M -16.02M 0.00M 553.76M
Other assets - 6665.84M 3805.12M 5694.66M 8352.32M
Cash 1203.24M 145.34M 109.35M 91.22M 105.45M
Total current liabilities 9554.29M 1.61M 0.78M 43.87M 136.62M
Net debt -634.95M -19.83M 1.49M 480.42M 722.10M
Short term debt 270.56M 125.51M 110.84M 40.00M 125.00M
Short long term debt 260.00M - 0.00M 40.00M 125.00M
Short long term debt total 568.29M 125.51M 110.84M 571.64M 827.55M
Other stockholder equity 1187.85M 1206.01M 142.63M 1389.72M 1344.34M
Property plant equipment - 85.22M 94.38M 112.81M 121.47M
Total current assets 1203.24M 2189.81M 3569.54M 3340.78M 1947.63M
Long term investments 1584.74M 2566.14M 4056.25M 2223.42M 11245.40M
Net tangible assets - 929.58M 1152.82M 1152.95M 1118.55M
Short term investments 1022.28M 1963.21M 3396.04M 3161.89M 1781.94M
Net receivables 86.66M 81.25M 64.15M 87.67M 60.25M
Long term debt 246.59M 125.51M 110.84M 571.64M 702.55M
Inventory 61.49M - - 2.08M 0.86M
Accounts payable 12.37M 1.61M 0.78M 3.87M 11.62M
Accumulated other comprehensive income -143.02M -181.05M -3.24M 30.87M 11.99M
Common stock total equity - 0.53M 0.53M 0.53M 0.52M
Preferred stock total equity - - - - 40.63M
Retained earnings total equity - -71.43M -139.38M -233.34M 361.08M
Treasury stock - - -89.86M -31.28M -69.64M
Non currrent assets other 9953.86M 131.38M -4180.25M -3802.58M -51.16M
Non current assets total 11227.58M 2807.22M 4180.25M 3802.58M 2912.02M
Capital lease obligations 61.71M 63.04M 65.54M 74.28M 91.62M
Long term debt total - - - - 118.81M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -1259.66M 904.18M 654.62M 409.81M -567.44M
Change to liabilities 0.00M 0.00M 0.00M 0.00M 0.00M
Total cashflows from investing activities -1273.38M 600.55M 641.10M 1202.58M -861.52M
Net borrowings 14.11M -462.06M -256.37M -843.80M 380.54M
Total cash from financing activities 207.69M -636.10M 109.30M -917.47M 573.69M
Change to operating activities 8.48M 3.86M -13.66M -10.66M 29.60M
Net income 92.53M 118.66M -513.17M 101.52M 105.77M
Change in cash -942.45M 69.93M 978.05M 396.64M -65.57M
Begin period cash flow 1627.81M 1557.88M 579.83M 183.19M 248.76M
End period cash flow 685.36M 1627.81M 1557.88M 579.83M 183.19M
Total cash from operating activities 123.23M 105.48M 227.64M 111.53M 222.25M
Issuance of capital stock - - - 0.00M 0.00M
Depreciation 14.71M 16.23M 18.10M 16.70M 15.73M
Other cashflows from investing activities -12.23M -302.02M -6.30M 803.33M -284.36M
Dividends paid -24.53M -24.55M -36.56M -45.11M 40.88M
Sale purchase of stock -124.52M -68.71M -0.47M -52.75M -0.33M
Other cashflows from financing activities 491.94M 51.91M -97.61M 5409.17M 5001.80M
Change to netincome -3.08M -27.17M 705.08M -8.93M 114.59M
Capital expenditures 1.50M 1.61M 7.21M 10.56M 9.73M
Cash flows other operating 108.09M 112.97M -499.18M 109.70M 2.71M
Cash and cash equivalents changes -942.45M 69.93M 978.05M 396.64M -65.57M
Change in working capital -12.08M 18.28M -31.25M -23.42M 33.07M
Stock based compensation 7.34M 4.17M 4.73M 4.81M 4.76M
Other non cash items 20.73M -4.83M 5.52M -6.08M 30.77M
Free cash flow 121.74M 103.87M 220.43M 100.96M 212.53M

Peer Comparison*

Sector: Financial Services Industry: Banks - Regional

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
DBSDY
DBS Group Holdings Ltd ADR
-0.76
0.34%
219.92 20.00 17.57 7.54 3.17 13.19
CIHHF
China Merchants Bank Co Ltd Class H
-
-%
6.62 7.70 7.10 0.55 0.83 3.51
CIHKY
China Merchants Bank Co Ltd
0.28
0.82%
34.49 7.79 7.20 0.55 0.85 3.51
UNCFF
UniCredit SpA
-0.46
0.49%
92.86 11.53 10.27 5.72 1.83 8.22

Profile*

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.

60 State Street, Boston, MA, United States, 02109

617 641 9206

Name Title Year Born
Mr. Nitin J. Mhatre Pres, CEO & Director 1971
Mr. Sean A. Gray Sr. EVP & COO 1976
Mr. George F. Bacigalupo Exec. VP & Head of Commercial Banking 1955
Mr. Gregory D. Lindenmuth EVP & Chief Risk Officer 1968
Mr. Subhadeep Basu Advisor 1971
Mr. Brett Brbovic Sr. VP and Chief Accounting Officer & Interim Chief Financial Officer 1980
Mr. Kevin Conn Sr. VP of Investor Relations & Corp. Devel. NA
Mr. Wm. Gordon Prescott Esq. EVP, Gen. Counsel & Corp. Sec. 1962
Ms. Ashlee Flores Exec. VP & Chief Compliance Officer NA
Alison Skratt Head of Communications NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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