Buy Berkshire Bank
Amount
Latest price
$25.75
(£1.00 = $1.295)
Number of shares (est.)
0
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Metrics
Market Cap
$1.209B
P/E ratio
18.26
EPS
$1.427
Beta
0.59
Dividend rate
$0.72
Dividend yield
2.76%
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
1,193
Sector
Finance
Company HQ
BOSTON, United States of America
Website
News
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.
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