Berkshire Hills Bancorp Inc financial data

Symbol
BHLB on NYSE
Industry
Savings Institutions, Not Federally Chartered
Location
60 State Street, 38 Th Floor, Boston, Massachusetts
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 10, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 1.14 K % +3.33%
Return On Equity 2.21 % -78.4%
Return On Assets 0.18 % -78.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 43.6 M shares -1.9%
Common Stock, Shares, Outstanding 43.4 M shares -2.24%
Entity Public Float 900 M USD -18.2%
Common Stock, Value, Issued 528 K USD 0%
Weighted Average Number of Shares Outstanding, Basic 42.8 M shares -2.1%
Weighted Average Number of Shares Outstanding, Diluted 43 M shares -2.29%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 353 M USD -19.3%
Revenue from Contract with Customer, Excluding Assessed Tax 42.8 M USD +4.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 18.7 M USD -84.7%
Income Tax Expense (Benefit) -3.12 M USD -114%
Net Income (Loss) Attributable to Parent 21.8 M USD -78.2%
Earnings Per Share, Basic 0.5 USD/shares -77.7%
Earnings Per Share, Diluted 0.5 USD/shares -77.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Deferred Income Tax Assets, Net 110 M USD -6.98%
Property, Plant and Equipment, Net 57.8 M USD -26.5%
Operating Lease, Right-of-Use Asset 40.8 M USD -16.8%
Intangible Assets, Net (Excluding Goodwill) 18.5 M USD -20.7%
Assets 12.1 B USD -1.41%
Liabilities 11.1 B USD -1.66%
Accumulated Other Comprehensive Income (Loss), Net of Tax -114 M USD +28.1%
Retained Earnings (Accumulated Deficit) -61.1 M USD -19%
Stockholders' Equity Attributable to Parent 1.01 B USD +1.45%
Liabilities and Equity 12.1 B USD -1.41%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 6.86 M USD -83.3%
Net Cash Provided by (Used in) Financing Activities -308 M USD -149%
Net Cash Provided by (Used in) Investing Activities 292 M USD
Common Stock, Shares Authorized 100 M shares 0%
Common Stock, Shares, Issued 51.9 M shares 0%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -9.55 M USD -103%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.19 B USD +18.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 7.24 M USD +17.5%
Deferred Tax Assets, Valuation Allowance 400 K USD 0%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 126 M USD -5.93%
Operating Lease, Liability 46.1 M USD -16.6%
Payments to Acquire Property, Plant, and Equipment 235 K USD -68.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 66.4 M USD +247%
Lessee, Operating Lease, Liability, to be Paid 51.3 M USD -17%
Property, Plant and Equipment, Gross 166 M USD -7.69%
Lessee, Operating Lease, Liability, to be Paid, Year Two 6.84 M USD -7.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 7.84 M USD -13.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) -4.37 M USD -26.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.19 M USD -20.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.96 M USD -7.49%
Deferred Tax Assets, Operating Loss Carryforwards 202 K USD -59.8%
Deferred Federal Income Tax Expense (Benefit) -2.66 M USD -16.9%
Current Income Tax Expense (Benefit) 13.1 M USD -47.1%
Unrecognized Tax Benefits 1.82 M USD +75%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.92 M USD -15.5%
Operating Lease, Payments 8.93 M USD -1.84%
Current State and Local Tax Expense (Benefit) 7.5 M USD +9.75%
Current Federal Tax Expense (Benefit) 5.6 M USD -68.8%
Amortization of Intangible Assets 1.21 M USD 0%
Depreciation, Depletion and Amortization 8.4 M USD -12.5%
Deferred Tax Assets, Net of Valuation Allowance 126 M USD -5.95%
Deferred State and Local Income Tax Expense (Benefit) -1.71 M USD -44.1%
Interest Expense 236 M USD +230%