BHLB

Berkshire Hills Bancorp, Inc. [BHLB] Stock Forecast

Q: What is Berkshire Hills Bancorp, Inc. stock symbol ?

Berkshire Hills Bancorp, Inc. is a US stock, located in Boston of Ma and trading under the symbol BHLB

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BHLB Stock Summary

Earnings have grown 49.58% per last year.

Earnings are expected to fall -26.34% next year

Unstable dividend track record

EPS has been decreasing for the past 3 years (Yearly statements)

EPS has been decreasing for the past 3 quarters (Quarter statements)

BHLB has less than 1 year of cash runway

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In the News

10:21 16 Apr 2024 BHLB

Unlocking Q1 Potential of Berkshire Hills (BHLB): Exploring Wall Street Estimates for Key Metrics

Evaluate the expected performance of Berkshire Hills (BHLB) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

11:06 16 Apr 2024 BHLB

Analysts Estimate Berkshire Hills Bancorp (BHLB) to Report a Decline in Earnings: What to Look Out for

Berkshire Hills (BHLB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

04:15 16 Apr 2024 BHLB

Berkshire Hills Announces First Quarter 2024 Earnings Release and Conference Call Schedule

BOSTON , March 28, 2024 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) first quarter 2024 earnings release and conference call are scheduled as follows: Earnings Release: Thursday, April 18, 2024, at approximately 7:30 a.m. (Eastern) Conference Call: Thursday, April 18, 2024, at 9:00 a.m.

12:11 16 Apr 2024 BHLB

Berkshire Hills Bancorp (BHLB) to Sell 10 New York Branches

Berkshire Hills Bancorp (BHLB) takes a strategic initiative to divest 10 branches in upstate and eastern New York. This move aims to boost branch efficiency and profitability.

06:36 16 Apr 2024 BHLB

New Strong Sell Stocks for January 30th

BHLB, BX and CNX have been added to the Zacks Rank #5 (Strong Sell) List on January 30, 2024.

12:31 16 Apr 2024 BHLB

Berkshire Hills (BHLB) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

The headline numbers for Berkshire Hills (BHLB) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

08:05 16 Apr 2024 BHLB

Seeking Clues to Berkshire Hills (BHLB) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

Evaluate the expected performance of Berkshire Hills (BHLB) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

02:30 16 Apr 2024 BHLB

Berkshire Hills Announces Fourth Quarter 2023 Earnings Release and Conference Call Schedule

BOSTON , Jan. 12, 2024 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) fourth quarter 2023 earnings release and conference call are scheduled as follows: Earnings Release: Thursday, January 25, 2024, at approximately 7:30 a.m. (Eastern) Conference Call: Thursday, January 25, 2024, at 9:00 a.m.

01:34 16 Apr 2024 BHLB

Berkshire Hills Bancorp, Inc. (BHLB) Q3 2023 Earnings Call Transcript

10:33 16 Apr 2024 BHLB

Berkshire Hills Bancorp (BHLB) Surpasses Q3 Earnings and Revenue Estimates

Berkshire Hills Bancorp (BHLB) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.62 per share a year ago.

BHLB Financial details

Company Rating

Neutral

Market Cap

912.19M

Income

69.6M

Revenue

473.95M

Book val./share

23.62

Cash/share

51.94

Dividend

0.72

Dividend %

3.02%

Employees

1.31K

Optionable

Shortable

Yes

Earnings

18 Apr 2024

P/E

10.14

Forward P/E

8.28

PEG

-4.75

P/S

2.32

P/B

1.08

P/C

0.4

P/FCF

7.54

Quick Ratio

Current Ratio

Debt / Equity

0.51

LT Debt / Equity

0.24

EPS (TTM)

1.6

EPS next Y

2.49

EPS next Q

EPS this Y

-20.69%

EPS next Y

55.78%

EPS next 5Y

55.78%

EPS last 5Y

-3.86%

Revenue last 5Y

6.67%

Revenue Q/Q

31.87%

EPS Q/Q

-107.49%

SMA20

-4.55%

SMA50

-12.5%

SMA100

Inst Own

68.68%

Inst Trans

0.83%

ROA

ROE

10%

ROC

0.01%

Gross Margin

60%

Oper. Margin

38%

Profit Margin

23%

Payout

31%

Shs Outstand

Shs Float

Target Price

52W Range

18.07-25.79

52W High

-17.5%

52W Low

+14.58%

RSI

Rel Volume

0.04

Avg Volume

254.1K

Volume

9.14K

Perf Week

-7.18%

Perf Month

-3.76%

Perf Quarter

11.61%

Perf Half Y

0.71%

Beta

0.869

Volatility

0.5%, 0.6%

Prev Close

-1.22%

Price

20.625

Change

-1.97%

BHLB Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	9.09	7.6	7.75	9.08	14.29
Net income per share	1.98	-10.21	2.41	2.03	1.61
Operating cash flow per share	2.26	4.53	2.14	2.7	3.58
Free cash flow per share	2.05	4.38	2.11	2.67	3.54
Cash per share	38.31	64.71	71.19	46.28	51.41
Book value per share	35.7	23.63	24.01	20.94	23.38
Tangible book value per share	23.53	22.94	23.41	20.4	22.65
Share holders equity per share	35.7	23.63	24.01	20.94	23.38
Interest debt per share	22.26	14.02	3.32	3.93	13.06
Market cap	1.62B	860.62M	1.4B	1.36B	1.07B
Enterprise value	2.34B	1.34B	1.4B	1.34B	439.89M
P/E ratio	16.62	-1.68	11.8	14.72	15.44
Price to sales ratio	3.62	2.25	3.67	3.29	1.74
POCF ratio	14.52	3.78	13.27	11.06	6.93
PFCF ratio	16.04	3.9	13.48	11.19	7.01
P/B Ratio	0.92	0.72	1.18	1.43	1.06
PTB ratio	0.92	0.72	1.18	1.43	1.06
EV to sales	5.23	3.51	3.67	3.25	0.71
Enterprise value over EBITDA	18.63	-2.45	8.48	7.84	91.26
EV to operating cash flow	21	5.89	13.29	10.89	2.84
EV to free cash flow	23.2	6.08	13.49	11.03	2.87
Earnings yield	0.06	-0.6	0.08	0.07	0.06
Free cash flow yield	0.06	0.26	0.07	0.09	0.14
Debt to equity	0.54	0.51	0.11	0.14	0.51
Debt to assets	0.07	0.05	0.01	0.01	0.04
Net debt to EBITDA	5.74	-0.88	0.01	-0.12	-131.73
Current ratio	14.26	76.16	4.61K	1.36K	0.14
Interest coverage	0.83	-5.94	3.93	3.67	6.57
Income quality	1.1	-0.44	0.89	1.33	2.23
Dividend Yield	0.03	0.04	0.02	0.02	0.03
Payout ratio	0.46	-0.07	0.21	0.27	0.46
Sales general and administrative to revenue	0.38	0.49	0.48	0.37	0.27
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.05	0	0	0	0
Capex to operating cash flow	-0.09	-0.03	-0.02	-0.01	-0.01
Capex to revenue	-0.02	-0.02	0	0	0
Capex to depreciation	-0.63	-0.4	-0.1	-0.1	-0.14
Stock based compensation to revenue	0.01	0.01	0.01	0.02	0.01
Graham number	39.86	73.67	36.08	30.93	29.08
ROIC	0.04	-0.28	0.09	0.11	0.18
Return on tangible assets	0.01	-0.04	0.01	0.01	0.01
Graham Net	-199.89	-185.35	-155.8	-195.94	-210.52
Working capital	1.81B	3.3B	3.57B	2.19B	-8.25B
Tangible asset value	1.16B	1.15B	1.15B	929.58M	980.46M
Net current asset value	-9.51B	-8.31B	-6.8B	-8.52B	-10.13B
Invested capital	0.54	0.51	0.11	0.14	0.51
Average receivables	60.53M	73.96M	75.91M	72.7M	83.96M
Average payables	11.72M	7.75M	2.32M	1.19M	6.99M
Average inventory	-326.29M	-1.31B	-1.84B	-1.24B	-357.54M
Days sales outstanding	49.1	83.8	61.38	71.72	51.14
Days payables outstanding	0	0	1.14	2.43	17.82
Days of inventory on hand	0	0	-2.52K	-1.17K	88.58
Receivables turnover	7.43	4.36	5.95	5.09	7.14
Payables turnover	0	0	319.03	150.17	20.49
Inventory turnover	0	0	-0.15	-0.31	4.12
ROE	0.06	-0.43	0.1	0.1	0.07
Capex per share	-0.21	-0.14	-0.03	-0.03	-0.04

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric	2022-12-31	2023-03-31	2023-06-30	2023-09-30	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	2.67	2.61	2.53	2.5	3.32
Net income per share	0.69	0.63	0.55	0.45	-0.03
Operating cash flow per share	0.79	0.85	0.55	1.01	1.22
Free cash flow per share	0.78	0.84	0.55	1.01	1.2
Cash per share	47.81	55.25	45.6	44.57	51.94
Book value per share	21.63	22.78	22.41	22.03	23.62
Tangible book value per share	21.08	22.25	259.48	259.32	22.88
Share holders equity per share	21.63	22.78	22.41	22.03	23.62
Interest debt per share	3.53	44.87	30.34	38.3	12.39
Market cap	1.32B	1.09B	900.57M	865.44M	1.06B
Enterprise value	1.3B	2.9B	1.58B	1.13B	429.06M
P/E ratio	10.81	9.9	9.44	11.07	-184.09
Price to sales ratio	11.2	9.59	8.2	8.03	7.48
POCF ratio	37.67	29.34	37.94	19.82	20.33
PFCF ratio	38.51	29.95	37.94	19.82	20.75
P/B Ratio	1.38	1.1	0.93	0.91	1.05
PTB ratio	1.38	1.1	0.93	0.91	1.05
EV to sales	11.03	25.4	14.35	10.46	3.02
Enterprise value over EBITDA	22.16	42.65	56.68	48.42	356.07
EV to operating cash flow	37.11	77.69	66.39	25.83	8.2
EV to free cash flow	37.93	79.29	66.39	25.83	8.37
Earnings yield	0.02	0.03	0.03	0.02	0
Free cash flow yield	0.03	0.03	0.03	0.05	0.05
Debt to equity	0.14	1.93	1.3	1.68	0.51
Debt to assets	0.01	0.16	0.1	0.13	0.04
Net debt to EBITDA	-0.34	26.54	24.29	11.26	-526.93
Current ratio	1.36K	2.68	4.21	2.87	0.14
Interest coverage	2.85	1.86	0.53	0.4	0
Income quality	1.15	1.35	0.99	2.23	-36.22
Dividend Yield	0.01	0.01	0.01	0.01	0.01
Payout ratio	0.27	0.29	0.33	0.4	-5.43
Sales general and administrative to revenue	0.32	0.34	0.36	0.37	0.3
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	-0.02	-0.02	0	0	-0.02
Capex to revenue	-0.01	-0.01	0	0	-0.01
Capex to depreciation	-0.21	-0.22	0	0	-0.33
Stock based compensation to revenue	0.01	0.01	0.02	0.02	0.01
Graham number	18.35	18.01	16.64	14.98	4.23
ROIC	0.04	0.02	0.01	0.01	0
Return on tangible assets	0	0	0	0	0
Graham Net	-202.42	-203.94	27.29	23.13	-212.66
Working capital	2.19B	1.51B	1.51B	1.25B	-8.25B
Tangible asset value	929.58M	972.2M	11.27B	11.19B	980.46M
Net current asset value	-8.52B	-8.91B	1.19B	998.27M	-10.13B
Invested capital	0.14	1.93	1.3	1.68	0.51
Average receivables	40.63M	40.63M	0	0	43.33M
Average payables	805K	805K	0	0	6.18M
Average inventory	-388.29M	-388.29M	0	0	30.74M
Days sales outstanding	62.11	0	0	0	54.87
Days payables outstanding	2.6	0	0	0	0
Days of inventory on hand	-1.25K	0	0	0	0
Receivables turnover	1.45	0	0	0	1.64
Payables turnover	34.61	0	0	0	0
Inventory turnover	-0.07	0	0	0	0
ROE	0.03	0.03	0.02	0.02	0
Capex per share	-0.02	-0.02	0	0	-0.02

BHLB Dividend History

BHLB Frequently Asked Questions

What is Berkshire Hills Bancorp, Inc. stock symbol ?

Berkshire Hills Bancorp, Inc. is a US stock , located in Boston of Ma and trading under the symbol BHLB

What is Berkshire Hills Bancorp, Inc. stock quote today ?

Berkshire Hills Bancorp, Inc. stock price is $20.625 today.

Is Berkshire Hills Bancorp, Inc. stock public?

Yes, Berkshire Hills Bancorp, Inc. is a publicly traded company.

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Company Profile

Volume Average 254.1K
Market Capitalization 912.19M
Employee 1.31K
CEO Mr. Nitin J. Mhatre
Headquarters Boston,MA,US
IPO Date 2000-06-28
Website https://www.berkshirebank.com

Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides various banking products and services. It offers various deposit accounts, including demand deposit, NOW, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts; and loans, such as commercial real estate, commercial and industrial, consumer, and residential mortgage loans. The company also provides wealth management services comprising investment management, trust administration, and financial planning; and investment products, financial planning, and brokerage services. In addition, it offers electronic banking, commercial cash management, online banking, small business banking, asset based lending, and mobile banking services; and debit cards and other electronic fee producing payment services to transaction account customers. The company serves personal, commercial, non-profit, and municipal deposit customers. As of March 14, 2022, it operated 106 full-service branches in Massachusetts, New York, Connecticut, and Vermont. The company also has commercial banking offices in Providence, Rhode Island and New Haven, Connecticut. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.