Company Berkshire Hills Bancorp, Inc.

BHLB

US0846801076

Banks

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Ratings for Berkshire Hills Bancorp, Inc.

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Retail & Mortgage Banks

Market Closed - Nyse Other stock markets 21:00:01 26/04/2024 BST			5-day change	1st Jan Change
22.1 ^USD	0.00%		+1.80%	-10.99%

04-18	Berkshire Hills Bancorp, Inc. Reports Net Charge-Offs for the First Quarter of 2024	CI
04-18	Transcript : Berkshire Hills Bancorp, Inc., Q1 2024 Earnings Call, Apr 18, 2024

Berkshire Hills Bancorp, Inc. is a holding company for Berkshire Bank (the Bank). The Bank provides commercial banking, retail banking, consumer lending, private banking and wealth management services. The Bank provides various loans, including commercial real estate, commercial and industrial loans, residential mortgages and consumer loans. The Bank originates commercial real estate loans on properties used for business purposes, such as retail, multifamily, office, healthcare, hospitality, industrial and manufacturing facilities. The Bank is engaged in prime home equity lending, following its conforming mortgage underwriting guidelines with streamlined verifications and documentation. The Bank offers fixed-rate and adjustable-rate residential mortgage loans. The Company's Wealth Management Group provides consultative investment management, trust administration, and financial planning to individuals, businesses, and institutions, with an emphasis on personal investment management.

Number of employees: 1,310

USD in Million	2022	Weight	2023	Weight	Delta
Banking and Related Activities 100.0 %	414	100.0 %	412	100.0 %	-0.41%

USD in Million	2022	Weight	2023	Weight	Delta
United States 100.0 %	414	100.0 %	412	100.0 %	-0.41%

Managers	Title	Age	Since
Nitin Mhatre CEO	Chief Executive Officer	53	28/01/21
R. Rosato DFI	Director of Finance/CFO	62	05/02/23
Ashlee Flores CMP	Compliance Officer	39	29/09/22
Sean Gray COO	Chief Operating Officer	47	31/12/06
Jason White CTO	Chief Tech/Sci/R&D Officer	48	-
Gary Levante IRO	Public Communications Contact	-	31/12/09
Kevin Conn IRC	Investor Relations Contact	-	16/03/21
Sumant Pustake PRN	Corporate Officer/Principal	39	31/12/20
William Prescott LAW	General Counsel	62	31/12/07
Lucia Bellomia PRN	Corporate Officer/Principal	-	13/09/21

Members of the board	Title	Age	Since
Jeffrey Kip BRD	Director/Board Member	55	21/09/21
Nitin Mhatre CEO	Chief Executive Officer	53	28/01/21
Laurie Moffatt BRD	Director/Board Member	67	28/05/13
David Brunelle CHM	Chairman	53	07/12/17
Baye Adofo-Wilson BRD	Director/Board Member	55	29/05/19
William Hughes BRD	Director/Board Member	60	29/05/19
Sylvia Maxfield BRD	Director/Board Member	65	23/02/20
Michael Zaitzeff BRD	Director/Board Member	41	19/05/21
Nina Charnley BRD	Director/Board Member	68	15/12/21
Karyn Polito BRD	Director/Board Member	57	01/02/23

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	51,817,318	42,969,622 ( 82.93 %)	8,402,318 ( 16.22 %)	82.93 %

Name	Equities	%	Valuation
BlackRock Advisors LLC 13.84 %	6,039,685	13.84 %	138 M $
Vanguard Fiduciary Trust Co. 11.52 %	5,025,964	11.52 %	115 M $
Dimensional Fund Advisors LP 5.789 %	2,525,556	5.789 %	58 M $
STATE STREET CORPORATION 4.830 %	2,107,096	4.830 %	48 M $
Clark Capital Management Group, Inc. 4.105 %	1,790,767	4.105 %	41 M $
AllianceBernstein LP 3.496 %	1,525,265	3.496 %	35 M $
Wellington Management Co. LLP 3.270 %	1,426,599	3.270 %	33 M $
Invesco Advisers, Inc. 2.692 %	1,174,361	2.692 %	27 M $
Fuller & Thaler Asset Management, Inc. 2.552 %	1,113,323	2.552 %	26 M $
Geode Capital Management LLC 2.122 %	925,738	2.122 %	21 M $

Name	Equities	%	Valuation
Estate Of David G Massad II 99.92 %	521,607	99.92 %	12 M $

Berkshire Hills Bancorp, Inc.

60 State Street

02109, Boston

+617 641 9206

http://www.berkshirebank.com

address Berkshire Hills Bancorp, Inc.(BHLB)

Name	Category and Sector
Berkshire Bank (Pittsfield, Massachusetts) Berkshire Bank (Pittsfield, Massachusetts) Regional BanksFinance Berkshire Bank (Pittsfield, Massachusetts) operates as state commercial bank. It offers banking, insurance, and wealth management. The company is headquartered in Pittsfield, MA.	Regional Banks
First Choice Loan Services, Inc. First Choice Loan Services, Inc. Finance/Rental/LeasingFinance First Choice Loan Services, Inc. engages in provision of mortgage and lending services. It offers conventional mortgages, FHA loans, reverse mortgages, and renovation loans. The company was founded in 2009 and is headquartered in East Brunswick, NJ.	Finance/Rental/Leasing

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

22.1 USD

Average target price

25.25 USD

Spread / Average Target

+14.25%

Consensus

Estimates Revisions

Company calendar

Financials

Banking & Investment Services

Banking Services

Retail & Mortgage Banks

	1st Jan change	Capi.
BERKSHIRE HILLS BANCORP, INC.	-10.99%	942M
AL RAJHI BANKING AND INVESTMENT CORPORATION	-10.40%	82.67B
FIRSTRAND LIMITED	-13.56%	18.91B
CAPITEC BANK HOLDINGS LIMITED	+10.53%	13.78B
FEDERAL NATIONAL MORTGAGE ASSOCIATION	+36.45%	8.38B
ABSA GROUP LIMITED	-13.66%	6.22B
PENNYMAC FINANCIAL SERVICES, INC.	-1.55%	4.43B
LIC HOUSING FINANCE LIMITED	+23.36%	4.36B
WALKER & DUNLOP, INC.	-16.03%	3.13B
WSFS FINANCIAL CORPORATION	-6.71%	2.57B

Retail & Mortgage Banks