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XNYS
BBT
Market cap1.27bUSD
Oct 08, Last price  
27.48USD
1D
0.62%
1Q
-8.98%
Jan 2017
-25.43%
IPO
124.33%
Name

Berkshire Hills Bancorp Inc

Chart & performance

D1W1MN
XNYS:BBT chart
P/E
14.12
P/S
1.53
EPS
1.95
Div yield, %
1.97%
Shrs. gr., 5y
11.79%
Rev. gr., 5y
11.89%
Revenues
833m
+28.89%
130,099,000156,587,000164,806,000144,465,000142,028,000174,063,000229,995,000261,973,000254,812,000301,318,000345,205,000429,024,000539,758,000592,164,000474,849,000419,371,000456,194,000619,081,000646,111,000832,788,000
Net income
90m
+47.98%
11,263,00013,535,00022,244,000-16,067,00013,858,00017,348,00033,188,00041,143,00033,744,00049,518,00058,670,00055,247,000105,765,00097,450,000-533,017,000118,664,00092,533,00069,598,00061,003,00090,271,000
CFO
31m
-75.25%
25,020,00023,431,00039,442,00013,610,00040,685,00040,169,00028,654,000127,411,00055,823,00086,288,00098,142,00078,091,000222,254,000111,525,000227,641,00084,788,000110,739,000157,156,000125,206,00030,994,000
Dividend
Aug 14, 20250.18 USD/sh

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Profile

Berkshire Hills Bancorp, Inc. functions as the parent company for Berkshire Bank, offering a comprehensive array of banking and financial services. The institution provides diverse deposit options, including checking, savings, money market, and various certificates of deposit, alongside retirement accounts. Its lending portfolio encompasses commercial real estate, business and industrial financing, individual consumer loans, and residential mortgages. Additionally, the company delivers wealth management solutions such as investment oversight, trust administration, and financial planning, complemented by general investment products, planning, and brokerage services. Digital offerings are robust, featuring online, mobile, and electronic banking, commercial cash flow management, small business solutions, and asset-based lending. It also furnishes debit cards and other electronic payment systems. The company serves a broad clientele, including individuals, businesses, non-profits, and local government bodies. As of March 14, 2022, it maintained 106 full-service branches distributed across Massachusetts, New York, Connecticut, and Vermont, with dedicated commercial banking offices located in Providence, Rhode Island, and New Haven, Connecticut. Berkshire Hills Bancorp, Inc. was established in 1846 and is headquartered in Boston, Massachusetts.

Related entities

Subsidiaries
Beacon Bank And Trust

Key people

David Brunelle
Independent Chairman of the Board · since 2021
Paul Perrault
President, Chief Executive Officer, Director · since 2025
Carl Carlson
Chief Financial and Strategy Officer · since 2025
James Brown
Senior Executive Vice President, Head of Commercial Banking · since 2023
Jacqueline Courtwright
Senior Executive Vice President; Chief Human Resources and Culture Officer of Berkshire Bank · since 2020
Sean Gray
Senior Executive Vice President, Chief Operating Officer, President - Berkshire Bank · since 2021
Philip Jurgeleit
Executive Vice President, Chief Credit Officer · since 2023
Gregory Lindenmuth
Senior Executive Vice President, Chief Risk Officer · since 2018
Andrew Plumridge
Executive Vice President, Chief Internal Audit Officer · since 2023
Gordon Prescott
Senior Executive Vice President, General Counsel and Corporate Secretary · since 2018
Ellen Steinfeld
Senior Executive Vice President, Head - Consumer Lending and Payments · since 2021
Jason White
Senior Executive Vice President; Chief Information Officer of Berkshire Bank · since 2020
James Belliveau
Executive Vice President, Chief Information & Electronic Banking Officer · since 2023
Ashlee Flores
Executive Vice President, Chief Compliance Officer · since 2022
Michael Mccurdy
Chief Banking Officer · since 2025
Mark Meiklejohn
Chief Credit Officer · since 2025
Director · since 2025
Margaret Fitzgerald
Director · since 2025
Willard Hill
Director · since 2025
Thomas Hollister
Director · since 2025
IPO date
Jun 28, 2000
Employees
1,310
Domiciled in
US
Incorporated in
US
Legal address
C/O THE CORPORATION TRUST COMPANY
CORPORATION TRUST CENTER
1209 ORANGE ST
WILMINGTON, DE 19801
US
Headquarters
131 Clarendon Street
Boston, MA 02116
US
Previous name
BERKSHIRE HILLS BANCORP, INC.

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