BHLB RSI Chart
Last 7 days
1.0%
Last 30 days
14.0%
Last 90 days
4.5%
Trailing 12 Months
12.7%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 499.5M | 0 | 0 | 0 |
2023 | 444.8M | 502.8M | 547.1M | 576.3M |
2022 | 408.0M | 397.9M | 356.6M | 387.3M |
2021 | 394.9M | 388.6M | 435.8M | 434.4M |
2020 | 504.6M | 479.0M | 443.1M | 409.8M |
2019 | 480.9M | 494.6M | 510.8M | 509.5M |
2018 | 385.7M | 416.5M | 445.0M | 465.9M |
2017 | 305.5M | 318.2M | 330.3M | 360.3M |
2016 | 283.4M | 286.0M | 293.2M | 298.1M |
2015 | 237.3M | 247.9M | 258.0M | 268.1M |
2014 | 217.4M | 219.6M | 221.2M | 226.5M |
2013 | 213.2M | 222.6M | 231.0M | 227.0M |
2012 | 155.0M | 170.0M | 177.8M | 197.4M |
2011 | 108.5M | 114.4M | 129.9M | 142.3M |
2010 | 0 | 98.7M | 102.7M | 106.7M |
2009 | 0 | 0 | 0 | 94.8M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 25, 2024 | mhatre nitin j. | bought | 24,221 | 22.0192 | 1,100 | president and ceo |
Apr 01, 2024 | conn kevin | acquired | - | - | 2,422 | sr managing dir/inv relations |
Apr 01, 2024 | rosato r david | sold (taxes) | -18,133 | 22.25 | -815 | sevp - chief financial officer |
Apr 01, 2024 | conn kevin | sold (taxes) | -41,340 | 22.25 | -1,858 | sr managing dir/inv relations |
Mar 19, 2024 | tulchiner ellen | sold | -20,100 | 21.7063 | -926 | evp,head of cnsmr lndng&pymnts |
Mar 07, 2024 | adofo-wilson baye | sold | -223,549 | 22.1907 | -10,074 | - |
Feb 21, 2024 | zaitzeff michael | sold | -265,049 | 22.3576 | -11,855 | - |
Feb 20, 2024 | zaitzeff michael | sold | -605,537 | 22.4273 | -27,000 | - |
Feb 16, 2024 | zaitzeff michael | sold | -558,046 | 22.4025 | -24,910 | - |
Feb 15, 2024 | zaitzeff michael | sold | -549,495 | 22.7233 | -24,182 | - |
Which funds bought or sold BHLB recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 15, 2024 | BARCLAYS PLC | reduced | -26.59 | -782,000 | 1,644,000 | -% |
May 15, 2024 | Community Bank, N.A. | unchanged | - | -504 | 6,048 | -% |
May 15, 2024 | UBS ASSET MANAGEMENT AMERICAS LLC | added | 11.78 | 49,792 | 1,614,260 | -% |
May 15, 2024 | MORGAN STANLEY | added | 20.87 | 1,665,300 | 16,055,000 | -% |
May 15, 2024 | DEUTSCHE BANK AG\ | added | 7.14 | -5,742 | 516,731 | -% |
May 15, 2024 | Aristotle Capital Boston, LLC | added | 1.15 | -709,306 | 9,987,820 | 0.30% |
May 15, 2024 | Cetera Advisor Networks LLC | reduced | -0.01 | -56,005 | 671,166 | -% |
May 15, 2024 | Aquatic Capital Management LLC | added | 275 | 146,280 | 206,280 | 0.01% |
May 15, 2024 | OCCUDO QUANTITATIVE STRATEGIES LP | new | - | 246,459 | 246,459 | 0.04% |
May 15, 2024 | Clark Capital Management Group, Inc. | reduced | -7.58 | -6,532,120 | 37,932,600 | 0.28% |
Unveiling Berkshire Hills Bancorp Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Berkshire Hills Bancorp Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 581.4B | 174.7B | 11.55 | 3.33 | ||||
BAC | 306.7B | 137.9B | 12.25 | 2.22 | ||||
WFC | 212.8B | 85.8B | 11.34 | 2.48 | ||||
C | 122.4B | 125.0B | 15.31 | 0.98 | ||||
CFG | 16.6B | 10.4B | 11.61 | 1.6 | ||||
KEY | 14.4B | 8.1B | 16.53 | 1.78 | ||||
MID-CAP | ||||||||
CMA | 7.2B | 4.2B | 10.4 | 1.7 | ||||
ZION | 6.6B | 4.1B | 10.5 | 1.62 | ||||
ABCB | 3.5B | 1.3B | 12.27 | 2.64 | ||||
ASB | 3.3B | 2.0B | 20.79 | 1.64 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
AROW | 415.3M | 173.1M | 14.24 | 2.4 | ||||
ALRS | 390.4M | 152.4M | 39.27 | 2.56 | ||||
ACNB | 289.6M | 98.7M | 9.84 | 2.93 | ||||
ASRV | 47.2M | 62.5M | -15.95 | 0.75 |
Berkshire Hills Bancorp Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -63.1% | 56.00 | 151 | 148 | 145 | 132 | 121 | 104 | 87.00 | 75.00 | 91.00 | 145 | 97.00 | 101 | 92.00 | 98.00 | 104 | 116 | 125 | 134 | 129 | 121 |
EBITDA Margin | -2.4% | 0.76* | 0.78* | 0.94* | 1.03* | 1.14* | 1.21* | 1.19* | 1.16* | 1.11* | 1.04* | 1.03* | 1.03* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -0.3% | 88.00 | 88.00 | 90.00 | 93.00 | 98.00 | 102 | 92.00 | 81.00 | 69.00 | 69.00 | 71.00 | 75.00 | 75.00 | 76.00 | 77.00 | 78.00 | 86.00 | 91.00 | 97.00 | 92.00 | 85.00 |
Income Taxes | -39.5% | -6.29 | -4.51 | 4.00 | 4.00 | 6.00 | 5.00 | 5.00 | 6.00 | 5.00 | 4.00 | 16.00 | 7.00 | 4.00 | -1.66 | -0.07 | -16.13 | -2.00 | 6.00 | 4.00 | 5.00 | 7.00 |
Earnings Before Taxes | -344.7% | -26.48 | -5.95 | 23.00 | 28.00 | 33.00 | 36.00 | 24.00 | 29.00 | 25.00 | 24.00 | 80.00 | 29.00 | 17.00 | 17.00 | 23.00 | -559 | -14.07 | 39.00 | 25.00 | 29.00 | 31.00 |
EBT Margin | -72.5% | 0.04* | 0.14* | 0.22* | 0.24* | 0.27* | 0.29* | 0.29* | 0.40* | 0.39* | 0.34* | 0.33* | 0.22* | - | - | - | - | - | - | - | - | - |
Net Income | -1297.1% | -20.19 | -1.44 | 20.00 | 24.00 | 28.00 | 31.00 | 19.00 | 23.00 | 20.00 | 20.00 | 64.00 | 22.00 | 13.00 | 15.00 | 21.00 | -549 | -19.87 | 26.00 | 23.00 | 25.00 | 24.00 |
Net Income Margin | -63.9% | 0.04* | 0.12* | 0.19* | 0.20* | 0.22* | 0.24* | 0.23* | 0.32* | 0.31* | 0.27* | 0.26* | 0.18* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -87.1% | 7.00 | 51.00 | 44.00 | 24.00 | 37.00 | 22.00 | 78.00 | -3.41 | 13.00 | 2.00 | 19.00 | 41.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -2.3% | 12,147 | 12,431 | 12,140 | 12,090 | 12,320 | 11,663 | 11,317 | 11,579 | 12,097 | 11,555 | 11,846 | 12,273 | 12,757 | 12,838 | 12,614 | 13,063 | 13,122 | 13,216 | 13,532 | 13,654 | 12,173 |
Cash Equivalents | -0.8% | 1,194 | 1,203 | 663 | 641 | 1,007 | 685 | 695 | 871 | 1,607 | 1,628 | 2,125 | 1,827 | 1,900 | 1,558 | 935 | 1,044 | 605 | 580 | 302 | 229 | 168 |
Net PPE | -16.1% | 58.00 | 69.00 | 70.00 | 77.00 | 79.00 | 85.00 | 87.00 | 90.00 | 93.00 | 94.00 | 99.00 | 105 | 109 | 113 | 117 | 119 | 121 | 120 | 123 | 122 | 106 |
Goodwill | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 554 | 554 | 555 | 555 | 518 |
Liabilities | -2.5% | 11,137 | 11,419 | 11,189 | 11,117 | 11,324 | 10,709 | 10,375 | 10,565 | 11,003 | 10,372 | 10,668 | 11,098 | 11,582 | 11,650 | 11,435 | 11,899 | 11,399 | 11,457 | 11,760 | 11,874 | 10,596 |
Short Term Borrowings | -19.2% | 210 | 260 | 670 | 470 | 900 | - | - | 50.00 | - | - | - | - | - | 40.00 | 110 | 160 | 225 | 125 | 300 | 609 | 861 |
Long Term Debt | -9.5% | 459 | 507 | 926 | 796 | 1,026 | 126 | 125 | 254 | 112 | 111 | 111 | 315 | 449 | 572 | 703 | 817 | 1,041 | 828 | 1,001 | 1,002 | 1,210 |
Shareholder's Equity | -0.2% | 1,010 | 1,012 | 951 | 973 | 995 | 954 | 943 | 1,014 | 1,094 | 1,182 | 1,178 | 1,175 | 1,175 | 1,188 | 1,179 | 1,164 | 1,722 | 1,759 | 1,772 | 1,780 | 1,577 |
Retained Earnings | -84.5% | -61.15 | -33.14 | -23.85 | -35.49 | -51.40 | -71.43 | -93.82 | -107 | -125 | -139 | -153 | -210 | -226 | -233 | -242 | -257 | 304 | 361 | 347 | 337 | 322 |
Additional Paid-In Capital | 0.0% | 1,423 | 1,423 | 1,424 | 1,424 | 1,425 | 1,424 | 1,424 | 1,424 | 1,424 | 1,423 | 1,423 | 1,423 | 1,424 | 1,427 | 1,422 | 1,428 | 1,428 | 1,422 | 1,422 | 1,421 | 1,245 |
Shares Outstanding | -0.2% | 43.00 | 44.00 | 43.00 | 43.00 | 44.00 | 44.00 | 45.00 | 46.00 | 48.00 | 49.00 | 48.00 | 50.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 900 | - | - | - | 1,100 | - | - | - | 1,400 | - | - | - | 548 | - | - | - | 1,400 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -86.9% | 6,861 | 52,450 | 43,654 | 23,738 | 37,314 | 22,512 | 77,559 | -2,683 | 13,351 | 2,240 | 18,813 | 40,161 | 23,574 | 32,871 | 17,614 | 142,104 | 35,052 | 107,805 | 29,788 | -5,819 | -20,249 |
Share Based Compensation | 6.3% | 2,101 | 1,977 | 2,067 | 2,258 | 1,196 | 1,679 | 1,733 | 2,121 | 1,805 | 518 | 1,371 | 1,606 | 675 | 1,277 | 635 | 1,356 | 1,459 | 1,266 | 1,542 | 1,015 | 989 |
Cashflow From Investing | 14.7% | 291,876 | 254,392 | -58,854 | -140,006 | -339,993 | -338,419 | 2,405 | -252,797 | -672,075 | -206,826 | 82,926 | 392,040 | 353,103 | 348,804 | 309,092 | -177,117 | 160,324 | 465,528 | 220,662 | 376,925 | 139,467 |
Cashflow From Financing | -232.4% | -308,286 | 232,932 | 38,070 | -249,694 | 623,886 | 306,349 | -256,068 | -480,754 | 638,168 | -292,137 | 196,110 | -505,128 | -34,944 | 240,908 | -435,566 | 473,745 | -169,785 | -295,599 | -177,661 | -309,419 | -134,788 |
Dividend Payments | -100.0% | - | 7,845 | 7,901 | 7,953 | 8,008 | 8,113 | 5,493 | 4,769 | 6,152 | 6,142 | 12,287 | - | 6,124 | 6,108 | 18,281 | - | 12,175 | 11,631 | 12,052 | 10,709 | 10,715 |
Buy Backs | -39.6% | 4,045 | 6,698 | 3,578 | 12,378 | 1,190 | 19,976 | 20,248 | 55,041 | 29,254 | - | 47,962 | 20,750 | - | - | - | - | 473 | 25,095 | 24,325 | 3,326 | - |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Interest and dividend income | ||
Loans | $ 136,560 | $ 117,493 |
Securities and other | 15,446 | 14,823 |
Total interest and dividend income | 152,006 | 132,316 |
Interest expense | ||
Deposits | 56,862 | 26,082 |
Borrowings | 7,004 | 8,701 |
Total interest expense | 63,866 | 34,783 |
Net interest income | 88,140 | 97,533 |
Non-interest income | ||
Other, net | 1,874 | 359 |
Fair value adjustments on securities | (115) | 234 |
(Loss) on sale of AFS securities, net | (49,909) | 0 |
Total non-interest income | (32,599) | 16,606 |
Total net revenue | 55,541 | 114,139 |
Provision expense for credit losses | 6,000 | 8,999 |
Non-interest expense | ||
Compensation and benefits | 40,735 | 39,071 |
Occupancy and equipment | 8,698 | 9,379 |
Technology | 9,904 | 9,471 |
Professional services | 2,676 | 3,277 |
Regulatory expenses | 1,845 | 1,426 |
Amortization of intangible assets | 1,205 | 1,205 |
Marketing | 1,116 | 1,208 |
Restructuring and other expenses | 3,617 | (36) |
Other | 6,224 | 6,954 |
Total non-interest expense | 76,020 | 71,955 |
(Loss)/income before income taxes | (26,479) | 33,185 |
Income tax (benefit)/expense | (6,291) | 5,548 |
Net (loss)/income | $ (20,188) | $ 27,637 |
Basic (loss)/earnings per common share (in dollars per share) | $ (0.47) | $ 0.63 |
Diluted (loss)/earnings per common share (in dollars per share) | $ (0.47) | $ 0.63 |
Weighted average shares outstanding: | ||
Basic (in shares) | 42,777 | 43,693 |
Diluted (in shares) | 43,028 | 44,036 |
Total fee income | ||
Non-interest income | ||
Total fee income | $ 15,551 | $ 16,013 |
Deposit related fees | ||
Non-interest income | ||
Total fee income | 8,305 | 8,311 |
Loan related fees | ||
Non-interest income | ||
Total fee income | 2,663 | 2,469 |
Gain on SBA loans | ||
Non-interest income | ||
Total fee income | 1,699 | 2,494 |
Wealth management fees | ||
Non-interest income | ||
Total fee income | $ 2,884 | $ 2,739 |
CONSOLIDATED BALANCE SHEET - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Assets | ||
Cash and due from banks | $ 111,676 | $ 148,148 |
Short-term investments | 1,082,019 | 1,055,096 |
Total cash and cash equivalents | 1,193,695 | 1,203,244 |
Trading securities, at fair value | 5,909 | 6,142 |
Equity securities, at fair value | 12,823 | 13,029 |
Securities available for sale, at fair value | 625,857 | 1,022,285 |
Securities held to maturity (fair values of $459,626 and $476,228) | 531,820 | 543,351 |
Federal Home Loan Bank stock | 20,522 | 22,689 |
Total securities | 1,196,931 | 1,607,496 |
Less: Allowance for credit losses on held to maturity securities | (61) | (68) |
Net securities | 1,196,870 | 1,607,428 |
Loans held for sale | 6,345 | 2,237 |
Total loans | 9,085,753 | 9,039,686 |
Less: Allowance for credit losses on loans | (107,331) | (105,357) |
Net loans | 8,978,422 | 8,934,329 |
Premises and equipment, net | 57,832 | 68,915 |
Other intangible assets | 18,460 | 19,664 |
Cash surrender value of bank-owned life insurance policies | 243,777 | 242,309 |
Other assets | 368,190 | 341,757 |
Total assets | 12,146,611 | 12,430,821 |
Liabilities | ||
Demand deposits | 2,261,794 | 2,469,164 |
NOW and other deposits | 793,492 | 858,644 |
Money market deposits | 3,411,672 | 3,565,516 |
Savings deposits | 1,010,630 | 1,053,810 |
Time deposits | 2,405,384 | 2,686,250 |
Total deposits | 9,882,972 | 10,633,384 |
Short-term debt | 210,000 | 260,000 |
Long-term Federal Home Loan Bank advances and other | 127,169 | 125,223 |
Subordinated borrowings | 121,425 | 121,363 |
Total borrowings | 458,594 | 506,586 |
Other liabilities | 297,663 | 278,630 |
Total liabilities | 11,136,688 | 11,418,600 |
Shareholders’ equity | ||
Common stock ($0.01 par value; 100,000,000 shares authorized and 51,903,190 shares issued and 43,414,610 shares outstanding in 2024; 51,903,190 shares issued and 43,500,872 shares outstanding in 2023) | 528 | 528 |
Additional paid-in capital - common stock | 1,422,709 | 1,423,273 |
Unearned compensation | (11,297) | (10,109) |
Retained (deficit) | (61,147) | (33,136) |
Accumulated other comprehensive (loss) | (114,415) | (143,016) |
Treasury stock, at cost (8,488,580 shares in 2024 and 8,402,318 shares in 2023) | (226,455) | (225,319) |
Total shareholders’ equity | 1,009,923 | 1,012,221 |
Total liabilities and shareholders’ equity | 12,146,611 | 12,430,821 |
Held For Sale | ||
Assets | ||
Assets held for sale | 83,020 | 10,938 |
Liabilities | ||
Liabilities held for sale | $ 497,459 | $ 0 |