Berkshire Hills Financials

BHLB Stock  USD 30.40  0.42  1.40%   
Based on the key indicators related to Berkshire Hills' liquidity, profitability, solvency, and operating efficiency, Berkshire Hills Bancorp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Berkshire Hills' Short and Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 10 B, whereas Total Assets are forecasted to decline to about 6.4 B. Key indicators impacting Berkshire Hills' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.490.5109
Sufficiently Down
Slightly volatile
Current Ratio0.120.1259
Sufficiently Down
Slightly volatile
Investors should never underestimate Berkshire Hills' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Berkshire Hills' cash flow, debt, and profitability to make informed and accurate decisions about investing in Berkshire Hills Bancorp.

Net Income

73.08 Million

  
Understanding current and past Berkshire Hills Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Berkshire Hills' financial statements are interrelated, with each one affecting the others. For example, an increase in Berkshire Hills' assets may result in an increase in income on the income statement.
Please note, the presentation of Berkshire Hills' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Berkshire Hills' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Berkshire Hills' management manipulating its earnings.

Berkshire Hills Stock Summary

Berkshire Hills competes with Finward Bancorp, Community West, First Community, First Capital, and National Bank. Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides various banking products and services. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts. Berkshire Hills operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 1300 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS0846801076
CUSIP084680107
LocationMassachusetts; U.S.A
Business Address60 State Street,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.berkshirebank.com
Phone617 641 9206
CurrencyUSD - US Dollar

Berkshire Hills Key Financial Ratios

Berkshire Hills Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets13.2B12.8B11.6B11.7B12.4B6.4B
Net Debt722.1M480.4M1.5M(19.8M)(635.0M)(603.2M)
Retained Earnings361.1M(233.3M)(139.4M)(71.4M)(33.1M)(31.5M)
Cash105.4M91.2M109.4M145.3M1.2B1.3B
Net Receivables60.2M87.7M64.1M81.3M86.7M91.0M
Other Current Assets652.6M2.0B1.7B776.6M1.3B1.2B
Total Liab11.5B11.7B10.4B10.7B11.4B12.0B
Total Current Assets1.9B3.3B3.6B2.2B1.2B1.1B
Short Term Debt125M40M14.8M10.8M270.6M361.2M
Other Liab82.7M232.7M192.7M88.6M101.9M70.5M
Accounts Payable11.6M3.9M775K1.6M12.4M11.7M
Other Assets8.4B5.7B3.8B6.7B7.7B5.4B
Long Term Debt702.6M571.6M110.8M125.5M246.6M256.8M
Good Will553.8M0.0(16.0M)(13.0M)(15.0M)(14.3M)
Inventory(652.6M)(2.0B)(1.7B)(776.6M)61.5M64.6M
Intangible Assets45.6M34.8M45.6M37.5M31.8M22.9M
Common Stock1.5B517K528K1.2B607.2K576.8K
Treasury Stock(22.0M)(69.6M)(31.3M)(89.9M)(80.9M)(76.8M)
Other Current Liab(136.6M)(43.9M)13.3M7.6M(282.9M)(268.8M)
Net Tangible Assets1.1B1.2B1.2B929.6M1.1B824.9M
Capital Surpluse1.4B1.4B1.4B1.4B1.6B1.1B

Berkshire Hills Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense144.3M93M37.9M42.7M207.3M217.6M
Total Revenue447.9M381.8M381.5M413.5M379.8M223.4M
Gross Profit447.9M381.8M134.2M171.8M365.2M383.5M
Operating Income119.9M(552.9M)149.0M156.5M317.6M333.4M
Ebit109.0M(533.0M)102.4M(527.9M)(8.4M)(8.0M)
Ebitda125.7M(514.9M)118.7M(513.2M)4.8M4.6M
Income Before Tax124.0M(533.0M)149.0M113.8M78.3M82.2M
Net Income97.5M(513.2M)118.7M92.5M69.6M73.1M
Income Tax Expense22.5M(19.9M)30.4M21.3M8.7M10.7M
Cost Of Revenue227.0M248.3M247.3M241.8M14.6M13.9M
Tax Provision22.5M(19.9M)30.4M21.3M18.5M15.0M
Net Interest Income365.3M316.8M291.2M344.6M382.7M342.3M
Interest Income509.5M409.8M329.1M387.3M547.1M432.9M

Berkshire Hills Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash396.6M978.0M69.9M(942.5M)517.9M543.8M
Free Cash Flow101.0M220.4M103.9M121.7M153.3M160.9M
Depreciation16.7M18.1M16.2M14.7M13.3M10.6M
Other Non Cash Items(6.1M)5.5M(4.8M)20.7M50.3M52.9M
Capital Expenditures10.6M7.2M1.6M1.5M1.8M1.7M
Net Income101.5M(513.2M)118.7M92.5M69.6M73.1M
End Period Cash Flow579.8M1.6B1.6B685.4M1.2B1.3B
Dividends Paid45.1M36.6M24.6M24.5M31.7M18.2M
Investments409.8M654.6M904.2M(1.3B)(889.8M)(845.3M)
Net Borrowings(843.8M)(256.4M)(462.1M)14.1M12.7M13.3M
Change To Netincome(8.9M)705.1M(27.2M)(3.1M)(3.5M)(3.4M)

Berkshire Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Berkshire Hills's current stock value. Our valuation model uses many indicators to compare Berkshire Hills value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Berkshire Hills competition to find correlations between indicators driving Berkshire Hills's intrinsic value. More Info.
Berkshire Hills Bancorp is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.09  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Berkshire Hills Bancorp is roughly  11.62 . At present, Berkshire Hills' Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Berkshire Hills' earnings, one of the primary drivers of an investment's value.

Berkshire Hills Bancorp Systematic Risk

Berkshire Hills' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Berkshire Hills volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Berkshire Hills Bancorp correlated with the market. If Beta is less than 0 Berkshire Hills generally moves in the opposite direction as compared to the market. If Berkshire Hills Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Berkshire Hills Bancorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Berkshire Hills is generally in the same direction as the market. If Beta > 1 Berkshire Hills moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Berkshire Hills Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Berkshire Hills' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Berkshire Hills growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.78)

At present, Berkshire Hills' Price Earnings To Growth Ratio is projected to slightly grow based on the last few years of reporting.

Berkshire Hills November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Berkshire Hills help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Berkshire Hills Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Berkshire Hills Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Berkshire Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Berkshire Hills's daily price indicators and compare them against related drivers.

Complementary Tools for Berkshire Stock analysis

When running Berkshire Hills' price analysis, check to measure Berkshire Hills' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Berkshire Hills is operating at the current time. Most of Berkshire Hills' value examination focuses on studying past and present price action to predict the probability of Berkshire Hills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berkshire Hills' price. Additionally, you may evaluate how the addition of Berkshire Hills to your portfolios can decrease your overall portfolio volatility.
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