Berkshire Hills Bancorp Inc

NYSE:BHLB

United States / Financials / Banks

Overview

News

5Y Bank Historical Financials

Stock Price

26.15 USD

Model Summary
-	-
Key Metrics	Latest
Total Revenue	376 M
Net Profit Margin	18.1%
Total Assets	12.273 B
Total Equity	1.167 B

5Y Historical Financial Statements

Summary Financials


Summary Financials

						Latest	Year-to-date Ending
(in millions)	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	12 Months	Dec-23	Dec-24

Net Revenue	307	435	403	380	376	376	380	376
% Growth	NA	41.6%	-7.4%	-5.6%	-1.0%			-1.0%

Adjusted Net Income	(119)	123	99	74	68	68	74	68
% Margin	-38.7%	28.3%	24.6%	19.5%	18.1%	18.1%	19.5%	18.1%

Adjusted Basic EPS	(2.37)	2.50	2.18	1.71	1.60	1.60	1.71	1.60

Supporting Calculations

Income Statement

Balance Sheet

Statement of Cashflows


Income Statement
						Original
USD						Latest	Year-to-date Ending
(in millions)	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	Dec-24	Dec-23	Dec-24
	FY - 4	FY - 3	FY - 2	FY - 1	FY	LTM	YTD-1	YTD

Net Revenue	307	435	403	380	376	376	380	376
% Growth	NA	41.6%	-7.4%	-5.6%	-1.0%			-1.0%

Research and Development	0	0	0	0	0	0	0	0
Selling and Marketing	(4)	(3)	(5)	(5)	(5)	(5)	(5)	(5)
General and Admin	(235)	(242)	(241)	(256)	(250)	(250)	(256)	(250)
Other Exp / (Inc)	(601)	(41)	(43)	(41)	(42)	(42)	(41)	(42)
Total Operating Exp	(840)	(286)	(289)	(302)	(296)	(296)	(302)	(296)

Operating Income	(533)	149	114	78	80	80	78	80
% Revenue	-173.5%	34.3%	28.3%	20.6%	21.1%	21.1%	20.6%	21.1%

Interest Expense	0	0	0	0	0	0	0	0
Pre-tax Income	(533)	149	114	78	80	80	78	80
Earnings of Discontinued Ops.	(20)	0	0	0	0	0	0	0
Provision for Taxes	20	(30)	(21)	(9)	(19)	(19)	(9)	(19)
Net Income to Company	(533)	119	93	70	61	61	70	61
% Margin	-173.5%	27.3%	23.0%	18.3%	16.2%	16.2%	18.3%	16.2%

Minority Interest in Earnings							0	0
Net Income to Stockholders	(533)	119	93	70	61	61	70	61

Preferred Dividends	0	0	0	0	0	0	0	0
Other Adj.	20	0	0	0	0	0	0	0

Net Income to Common	(513)	119	93	70	61	61	70	61
% Margin	-167.0%	27.3%	23.0%	18.3%	16.2%	16.2%	18.3%	16.2%

As Reported
Basic EPS (Continuing Ops)	(10.21)	2.41	2.03	1.61	1.44	1.44	1.61	1.44
Diluted EPS (Continuing Ops)	(10.21)	2.39	2.02	1.60	1.43	1.43	1.60	1.43

WA Basic Shares Out.	50	49	46	43	43	43	43	43
WA Diluted Shares Out.	50	50	46	44	43	43	44	43

Unusual Items Reconciliation
Addback: Other Non Operating Expenses, Total	12	9	5	5	5	5	5	5
Addback: Restructuring Charges	6	6	9	6	3	3	6	3
Addback: Merger / Acquisition Expenses	0	0	0	0	7	7	0	7
Addback: Goodwill Impairment	554	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Invest.	0	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Assets	0	0	0	0	0	0	0	0
Addback: Asset Writedown	0	0	0	0	0	0	0	0
Addback: In Process R&D Expenses	0	0	0	0	0	0	0	0
Addback: Insurance Settlements	0	0	0	0	0	0	0	0
Addback: Legal Settlements	0	0	0	0	0	0	0	0
Addback: Other Unusual Items	0	0	0	0	0	0	0	0
Total Unusual Items	572	15	14	11	14	14	11	14
% Margin	186.1%	3.4%	3.5%	2.9%	3.7%	3.7%	2.9%	3.7%

Adjusted Net Income Reconciliation
Net Income to Company	(533)	119	93	70	61	61	70	61
Addback: Unusual Items	560	6	9	6	9	9	6	9
Less: Tax Benefit of Unusual Items (26%)	(145)	(2)	(2)	(2)	(2)	(2)	(2)	(2)
Adjusted Net Income	(119)	123	99	74	68	68	74	68
% Margin	-38.7%	28.3%	24.6%	19.5%	18.1%	18.1%	19.5%	18.1%

Adjusted Basic EPS	(2.37)	2.50	2.18	1.71	1.60	1.60	1.71	1.60

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Berkshire Hills Bancorp Inc

NYSE:BHLB

United States / Financials / Banks

5Y Bank Historical Financials