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Berkshire Hills Bancorp (BHLB)

(Delayed Data from NYSE)

$22.34 USD

22.34
219,269

+0.08 (0.36%)

Updated Apr 24, 2024 04:00 PM ET

After-Market: $22.33 -0.01 (-0.04%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value F Growth A Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 24% (192 out of 252)

Industry: Financial - Savings and Loan

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Balance Sheet

Research for BHLB

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Berkshire Hills Bancorp, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 1,222 705 1,652 1,586 632
Receivables 8,934 8,239 6,720 7,954 9,439
Notes Receivable 0 0 0 0 0
Inventories 2 4 6 18 37
Other Current Assets 0 0 0 0 0
Total Current Assets 10,159 8,948 8,377 9,558 10,108
Net Property & Equipment 69 85 94 113 120
Investments & Advances 1,588 2,014 2,525 2,195 1,718
Other Non-Current Assets 0 0 0 0 154
Deferred Charges 0 0 0 0 51
Intangibles 20 24 30 35 599
Deposits & Other Assets 595 591 529 937 466
Total Assets 12,431 11,663 11,555 12,838 13,216
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 260 0 0 40 125
Accounts Payable 10,633 10,327 10,069 10,216 10,336
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 10,893 10,327 10,069 10,256 10,461
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 247 126 111 532 703
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 279 256 193 863 294
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 11,419 10,709 10,372 11,650 11,457
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 41
Common Stock (Par) 1 1 1 1 1
Capital Surplus 1,423 1,424 1,423 1,427 1,422
Retained Earnings -33 -71 -139 -233 361
Other Equity -153 -190 -12 25 4
Treasury Stock 225 210 90 31 70
Total Shareholder's Equity 1,012 954 1,182 1,188 1,759
Total Liabilities & Shareholder's Equity 12,431 11,663 11,555 12,838 13,216
Total Common Equity 1,012 954 1,182 1,188 1,718
Shares Outstanding 43.60 45.00 48.60 50.80 49.90
Book Value Per Share 23.22 21.20 24.33 23.38 34.43

Fiscal Year End for Berkshire Hills Bancorp, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents 1,212 1,222 682 660 1,026
Receivables 8,978 8,934 8,882 8,782 8,584
Notes Receivable NA 0 0 0 0
Inventories 6 2 2 9 2
Other Current Assets NA 0 0 0 0
Total Current Assets 10,197 10,159 9,566 9,451 9,612
Net Property & Equipment 58 69 70 77 79
Investments & Advances 1,178 1,588 1,852 1,939 2,026
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles 18 20 21 22 23
Deposits & Other Assets 695 595 631 602 580
Total Assets 12,147 12,431 12,140 12,090 12,320
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 260 670 470 900
Accounts Payable 9,883 10,633 9,981 10,068 10,068
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities 9,883 10,893 10,651 10,538 10,968
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt 459 247 256 326 126
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities 795 283 253 231
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities 11,137 11,419 11,189 11,117 11,325
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 1 1 1 1
Capital Surplus NA 1,423 1,424 1,424 1,425
Retained Earnings NA -33 -24 -35 -51
Other Equity NA -153 -230 -201 -170
Treasury Stock NA 225 219 215 208
Total Shareholder's Equity 1,010 1,012 951 973 995
Total Liabilities & Shareholder's Equity 12,147 12,431 12,140 12,090 12,320
Total Common Equity 101,009 1,012 951 973 995
Shares Outstanding 43.40 43.60 44.00 44.20 44.40
Book Value Per Share 2,327.39 23.22 21.61 22.02 22.42