Buy Berkshire Bank

Logo for stock BHLB (Berkshire Bank)

Amount

£
GBP

Latest price

$29.77
(£1.00 = $1.241)

Number of shares (est.)

0

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Metrics

Market Cap

$1.395B

P/E ratio

21.06

EPS

$1.427

Beta

0.85

Dividend rate

$0.72

Dividend yield

2.40%

About

Berkshire Hills Bancorp, Inc. is a holding company for Berkshire Bank (the Bank). The Bank provides commercial banking, retail banking, consumer lending, private banking and wealth management services. The Bank provides various loans, including commercial real estate, commercial and industrial loans, residential mortgages and consumer loans. The Bank originates commercial real estate loans on properties used for business purposes, such as retail, multifamily, office, healthcare, hospitality, industrial and manufacturing facilities. The Bank is engaged in prime home equity lending, following its conforming mortgage underwriting guidelines with streamlined verifications and documentation. The Bank offers fixed-rate and adjustable-rate residential mortgage loans. The Company's Wealth Management Group provides consultative investment management, trust administration, and financial planning to individuals, businesses, and institutions, with an emphasis on personal investment management.

CEO

Mr. Nitin J. Mhatre

Employees

N/A

Sector

Finance

Company HQ

BOSTON, United States of America

News

Logo for news article #0 (Berkshire Hills Announces Quarterly Shareholder Dividend)

Berkshire Hills Announces Quarterly Shareholder Dividend

BOSTON , Feb. 7, 2025 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.18 per common share to shareholders of record at the close of business on February 20, 2025, payable on March 6, 2025. About Berkshire Hills Bancorp Berkshire Hills Bancorp, Inc. (NYSE: BHLB) is the parent company of Berkshire Bank, a relationship-driven, community-focused bank with $12.3 billion in assets and 83 financial centers in New England and New York.

PRNewsWire

February 07, 2025

Logo for news article #1 (5 Low-Leverage Stocks to Buy Amid Concerns Over Trump's Tariffs)

5 Low-Leverage Stocks to Buy Amid Concerns Over Trump's Tariffs

The crux of safe investment lies in choosing a company that is not burdened with debt. You may buy BHLB, SRAD, NXT, GBX and FOX.

Zacks Investment Research

February 04, 2025

Logo for news article #2 (Berkshire Hills Bancorp, Inc. (BHLB) Q4 2024 Earnings Call Transcript)

Berkshire Hills Bancorp, Inc. (BHLB) Q4 2024 Earnings Call Transcript

Berkshire Hills Bancorp, Inc. (NYSE:BHLB ) Q4 2024 Results Conference Call January 30, 2025 9:00 AM ET Company Participants Kevin Conn - Investor Relations Nitin Mhatre - Chief Executive Officer Sean Gray - Chief Operating Officer Brett Brbovic - Chief Financial Officer Greg Lindenmuth - Chief Risk Officer Conference Call Participants David Bishop - Hovde Group Billy Young - RBC Chris O'Connell - KBW Laurie Hunsicker - Seaport Research Partners Mark Fitzgibbon - Piper Sandler Operator Good morning, ladies and gentlemen, and welcome to the Berkshire Hills Bancorp Fourth Quarter 2024 Earnings Conference Call. At this time, all lines are in listen-only mode.

Seeking Alpha

January 30, 2025

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