berkshire hills bancorp is the parent of berkshire bank - america's most exciting bank®. the company has approximately $7.8 billion in assets and 93 ongoing full service branch offices in massachusetts, new york, connecticut, and vermont providing personal and business banking, insurance, and wealth management services. member fdic. equal housing lender
Company profile
Ticker
BHLB
Exchange
Website
CEO
Richard Marotta
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Beacon Comprehensive Services Corp. • RSB Properties, Inc. • CSB Service Corp. • Legacy Insurance Services of the Berkshires, LLC • North Street Securities Corporation • Woodland Securities, Inc. • Hampden Investment Corporation • Firestone Financial, LLC • First Choice Loan Services Inc. • Old Spot Properties, LLC ...
IRS number
43510455
BHLB stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
22 Mar 24
8-K
Berkshire Hills Announces Quarterly Shareholder Dividend
7 Mar 24
8-K
Other Events
4 Mar 24
8-K
Regulation FD Disclosure
4 Mar 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Regulation FD Disclosure
14 Feb 24
8-K
Berkshire Hills Announces Annual Meeting Date
13 Feb 24
8-K
Berkshire Hills Reports Fourth Quarter 2023 Results
25 Jan 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Berkshire Hills Announces Quarterly Shareholder Dividend
3 Nov 23
Transcripts
BHLB
Earnings call transcript
2023 Q4
25 Jan 24
BHLB
Earnings call transcript
2023 Q3
20 Oct 23
BHLB
Earnings call transcript
2023 Q2
20 Jul 23
BHLB
Earnings call transcript
2023 Q1
20 Apr 23
BHLB
Earnings call transcript
2022 Q4
26 Jan 23
BHLB
Earnings call transcript
2022 Q3
20 Oct 22
BHLB
Earnings call transcript
2022 Q2
20 Jul 22
BHLB
Earnings call transcript
2022 Q1
20 Apr 22
BHLB
Earnings call transcript
2021 Q4
20 Jan 22
BHLB
Earnings call transcript
2021 Q3
21 Oct 21
Latest ownership filings
144
Notice of proposed sale of securities
26 Mar 24
4
Ellen Tulchiner
19 Mar 24
144
Notice of proposed sale of securities
19 Mar 24
4
Baye Adofo-Wilson
8 Mar 24
144
Notice of proposed sale of securities
7 Mar 24
4
Michael Zaitzeff
22 Feb 24
4
Michael Zaitzeff
16 Feb 24
4
Michael Zaitzeff
13 Feb 24
144/A
Notice of proposed sale of securities (amended)
13 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
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Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 663.47 mm | 663.47 mm | 663.47 mm | 663.47 mm | 663.47 mm | 663.47 mm |
Cash burn (monthly) | (no burn) | 2.62 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 15.61 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 647.86 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 247.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
82.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 168 |
Opened positions | 16 |
Closed positions | 16 |
Increased positions | 47 |
Reduced positions | 67 |
13F shares | Current |
---|---|
Total value | 710.35 bn |
Total shares | 35.87 mm |
Total puts | 7.00 k |
Total calls | 1.80 k |
Total put/call ratio | 3.9 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 6.34 mm | $127.19 bn |
Vanguard | 5.08 mm | $101.84 bn |
Dimensional Fund Advisors | 2.51 mm | $50.23 bn |
STT State Street | 2.02 mm | $40.60 bn |
Clark Capital Management | 1.88 mm | $37.59 bn |
Alliancebernstein | 1.69 mm | $33.96 bn |
Wellington Management | 1.38 mm | $27.72 bn |
IVZ Invesco | 1.10 mm | $22.01 bn |
Fuller & Thaler Asset Management | 1.04 mm | $20.81 bn |
Geode Capital Management | 902.09 k | $18.09 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Mar 24 | Ellen Tulchiner | Common Stock | Sell | Dispose S | No | No | 21.7063 | 926 | 20.10 k | 0 |
7 Mar 24 | Baye Adofo-Wilsin | Common Stock | Sell | Dispose S | No | No | 22.29 | 200 | 4.46 k | 0 |
7 Mar 24 | Baye Adofo-Wilsin | Common Stock | Sell | Dispose S | No | No | 22.275 | 163 | 3.63 k | 200 |
7 Mar 24 | Baye Adofo-Wilsin | Common Stock | Sell | Dispose S | No | No | 22.27 | 200 | 4.45 k | 363 |
7 Mar 24 | Baye Adofo-Wilsin | Common Stock | Sell | Dispose S | No | No | 22.25 | 200 | 4.45 k | 563 |
7 Mar 24 | Baye Adofo-Wilsin | Common Stock | Sell | Dispose S | No | No | 22.24 | 400 | 8.90 k | 763 |
7 Mar 24 | Baye Adofo-Wilsin | Common Stock | Sell | Dispose S | No | No | 22.235 | 1,800 | 40.02 k | 1,163 |
7 Mar 24 | Baye Adofo-Wilsin | Common Stock | Sell | Dispose S | No | No | 22.23 | 28 | 622.44 | 2,963 |
7 Mar 24 | Baye Adofo-Wilsin | Common Stock | Sell | Dispose S | No | No | 22.22 | 600 | 13.33 k | 2,991 |
7 Mar 24 | Baye Adofo-Wilsin | Common Stock | Sell | Dispose S | No | No | 22.21 | 1,100 | 24.43 k | 3,591 |
News
Arrow Financial Acquires Berkshire Bank Branch In Whitehall, New York
5 Mar 24
Arrow Financial Subsidiary Glens Falls National Bank To Acquire The Branch Office At 184 Broadway, Whitehall, New York
4 Mar 24
TD SYNNEX, Berkshire Hills Bancorp And 2 Other Stocks Insiders Are Selling
6 Feb 24
Keefe, Bruyette & Woods Maintains Market Perform Rating for Berkshire Hills Bancorp: Here's What You Need To Know
30 Jan 24
Keefe, Bruyette & Woods Maintains Market Perform on Berkshire Hills Bancorp, Raises Price Target to $25-Report Released on 29 January 2024
30 Jan 24
Press releases
Berkshire Hills Bancorp Bolsters Commercial & Private Banking Franchise
21 Mar 24
Berkshire Hills Announces Quarterly Shareholder Dividend
7 Mar 24
Arrow Announces Acquisition of Whitehall, N.Y. Branch
4 Mar 24
Berkshire Hills Bancorp to Sell Select Upstate and Eastern New York Branches
4 Mar 24
Berkshire Hills Announces Annual Meeting Date
12 Feb 24