Berkshire Financial Statements From 2010 to 2024

BHLB Stock  USD 20.98  0.45  2.19%   
Berkshire Hills financial statements provide useful quarterly and yearly information to potential Berkshire Hills Bancorp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Berkshire Hills financial statements helps investors assess Berkshire Hills' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Berkshire Hills' valuation are summarized below:
Gross Profit
402.5 M
Profit Margin
0.1832
Market Capitalization
891.4 M
Revenue
379.8 M
Earnings Share
1.6
We have found one hundred twenty available fundamental signals for Berkshire Hills Bancorp, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to validate all of Berkshire Hills Bancorp prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. The current year's Market Cap is expected to grow to about 1.5 B, whereas Enterprise Value is forecasted to decline to about 193.3 M.

Berkshire Hills Total Revenue

649.49 Million

Check Berkshire Hills financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Berkshire main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.9 M, Interest Expense of 53.2 M or Selling General Administrative of 94.6 M, as well as many exotic indicators such as Price To Sales Ratio of 2.4, Dividend Yield of 0.019 or PTB Ratio of 0.77. Berkshire financial statements analysis is a perfect complement when working with Berkshire Hills Valuation or Volatility modules.
  
This module can also supplement Berkshire Hills' financial leverage analysis and stock options assessment as well as various Berkshire Hills Technical models . Check out the analysis of Berkshire Hills Correlation against competitors.

Berkshire Hills Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets6.4 B12.4 B8.7 B
Slightly volatile
Short and Long Term Debt Total586 M568.3 M725.6 M
Very volatile
Total Current Liabilities10 B9.6 B1.7 B
Slightly volatile
Total Stockholder Equity726.3 MB969.8 M
Slightly volatile
Property Plant And Equipment Net67.5 M116.3 M88.4 M
Slightly volatile
Cash1.3 B1.2 B233.3 M
Slightly volatile
Non Current Assets Total11.7 B11.1 B3.3 B
Slightly volatile
Net Receivables91 M86.7 M50.7 M
Slightly volatile
Common Stock Shares Outstanding25.3 M43.5 M33.7 M
Slightly volatile
Liabilities And Stockholders Equity6.4 B12.4 B8.7 B
Slightly volatile
Non Current Liabilities TotalB1.9 B507.9 M
Slightly volatile
Other Current Assets1.2 B1.3 B3.2 B
Pretty Stable
Total Liabilities12 B11.4 B8.2 B
Slightly volatile
Property Plant And Equipment Gross224.4 M213.7 M138.1 M
Slightly volatile
Total Current Assets1.2 B1.3 B4.2 B
Pretty Stable
Short Term Debt361.2 M270.6 M449 M
Pretty Stable
Other Liabilities70.5 M101.9 M98.7 M
Slightly volatile
Accounts Payable11.7 M12.4 M1.9 B
Slightly volatile
Long Term Debt256.8 M246.6 M265.6 M
Slightly volatile
Common Stock Total Equity637.6 K607.2 K403.7 K
Slightly volatile
Short Term Investments944.1 MB1.3 B
Slightly volatile
Intangible Assets22.9 M31.8 M26.2 M
Slightly volatile
Common Stock576.8 K607.2 K180 M
Pretty Stable
Property Plant Equipment67.7 M98 M88 M
Slightly volatile
Net Tangible Assets824.9 M1.1 B748.2 M
Slightly volatile
Capital Surpluse1.1 B1.6 BB
Slightly volatile
Long Term Investments1.5 B1.6 B5.5 B
Pretty Stable
Non Current Liabilities Other231.5 M294.4 M210 M
Slightly volatile
Long Term Debt Total114.8 M136.6 M108.9 M
Slightly volatile
Earning Assets2.2 B2.7 B1.9 B
Slightly volatile
Capital Lease Obligations53.6 M61.7 M34.2 M
Slightly volatile
Net Invested Capital1.6 B1.5 B2.2 B
Slightly volatile
Capital Stock451.4 K475.2 K27.6 M
Slightly volatile

Berkshire Hills Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization13.9 M13.3 M7.2 M
Slightly volatile
Interest Expense53.2 M48.3 M55.5 M
Slightly volatile
Selling General Administrative94.6 M166.3 M128.7 M
Slightly volatile
Selling And Marketing Expenses4.2 M5.4 M4.4 M
Pretty Stable
Total Revenue649.5 M618.6 M345.1 M
Slightly volatile
Gross Profit383.5 M365.2 M215.3 M
Slightly volatile
Cost Of Revenue266 M253.4 M171.4 M
Slightly volatile
Non Recurring20.1 M36.3 M21.4 M
Slightly volatile
Net Interest Income342.3 M382.7 M280.8 M
Slightly volatile
Interest Income432.9 M547.1 M347.3 M
Slightly volatile
Preferred Stock And Other Adjustments662.8 K359.9 K372.8 K
Slightly volatile
Reconciled Depreciation12.4 M13.6 M14.3 M
Slightly volatile

Berkshire Hills Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow160.9 M153.3 M101 M
Slightly volatile
Begin Period Cash Flow719.6 M685.4 M414.1 M
Slightly volatile
Depreciation10.6 M13.3 M12.7 M
Slightly volatile
Capital Expenditures1.7 M1.8 M7.7 M
Slightly volatile
Total Cash From Operating Activities162.8 M155.1 M108.7 M
Slightly volatile
End Period Cash Flow1.3 B1.2 B527.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.41.73772.897
Very volatile
Dividend Yield0.0190.02950.0253
Very volatile
PTB Ratio0.771.06190.9417
Slightly volatile
Days Sales Outstanding39.151.136449.2861
Slightly volatile
Book Value Per Share22.7323.383427.9964
Pretty Stable
Free Cash Flow Yield0.07420.14260.0986
Pretty Stable
Invested Capital0.490.51091.1784
Slightly volatile
Operating Cash Flow Per Share2.243.58262.8415
Pretty Stable
PB Ratio0.771.06190.9417
Slightly volatile
EV To Sales0.680.71124.72
Slightly volatile
Free Cash Flow Per Share1.953.54052.5339
Slightly volatile
Payables Turnover19.4620.48895.6535
Slightly volatile
Sales General And Administrative To Revenue0.320.26890.4067
Slightly volatile
Cash Per Share53.9851.412140.259
Slightly volatile
POCF Ratio13.286.930810.9166
Very volatile
PFCF Ratio7.367.013114.4598
Slightly volatile
Days Payables Outstanding10.9317.81539.3068
Pretty Stable
EV To Operating Cash Flow2.692.836516.8314
Slightly volatile
EV To Free Cash Flow3.012.870223.6025
Slightly volatile
Intangibles To Total Assets0.00240.00260.0297
Slightly volatile
Current Ratio0.130.1368432
Slightly volatile
Tangible Book Value Per Share16.2622.649720.0168
Slightly volatile
Receivables Turnover8.77.13787.9816
Slightly volatile
Graham Number25.9329.084434.8293
Slightly volatile
Shareholders Equity Per Share22.7323.383427.9964
Pretty Stable
Debt To Equity0.490.51091.1784
Slightly volatile
Revenue Per Share7.214.28949.0574
Slightly volatile
Interest Debt Per Share12.4113.063337.1076
Slightly volatile
Debt To Assets0.03950.04150.1363
Slightly volatile
Short Term Coverage Ratios0.540.57322.095
Slightly volatile
Price Book Value Ratio0.771.06190.9417
Slightly volatile
Days Of Payables Outstanding10.9317.81539.3068
Pretty Stable
Price To Operating Cash Flows Ratio13.286.930810.9166
Very volatile
Price To Free Cash Flows Ratio7.367.013114.4598
Slightly volatile
Ebt Per Ebit0.260.24660.7509
Slightly volatile
Effective Tax Rate0.110.11140.2015
Slightly volatile
Company Equity Multiplier6.8812.29628.9668
Slightly volatile
Long Term Debt To Capitalization0.190.19590.3648
Slightly volatile
Total Debt To Capitalization0.550.33810.47
Slightly volatile
Debt Equity Ratio0.490.51091.1784
Slightly volatile
Quick Ratio0.230.242405
Slightly volatile
Net Income Per E B T0.590.88860.7786
Very volatile
Cash Ratio0.120.125916.0598
Slightly volatile
Operating Cash Flow Sales Ratio0.250.25070.3117
Very volatile
Days Of Sales Outstanding39.151.136449.2861
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.640.98830.8319
Slightly volatile
Cash Flow Coverage Ratios0.310.29990.2319
Slightly volatile
Price To Book Ratio0.771.06190.9417
Slightly volatile
Fixed Asset Turnover5.595.32033.6219
Slightly volatile
Price Cash Flow Ratio13.286.930810.9166
Very volatile
Debt Ratio0.03950.04150.1363
Slightly volatile
Cash Flow To Debt Ratio0.310.29990.2319
Slightly volatile
Price Sales Ratio2.41.73772.897
Very volatile
Asset Turnover0.04190.04970.037
Very volatile
Gross Profit Margin0.350.59040.4359
Pretty Stable
Price Fair Value0.771.06190.9417
Slightly volatile

Berkshire Hills Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.5 B1.5 B1.5 B
Slightly volatile
Enterprise Value193.3 M384.1 M387.3 M
Very volatile

Berkshire Fundamental Market Drivers

Forward Price Earnings10.3306
Cash And Short Term Investments-148.1 M

Berkshire Upcoming Events

18th of April 2024
Upcoming Quarterly Report
View
18th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Berkshire Hills Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Berkshire Hills income statement, its balance sheet, and the statement of cash flows. Berkshire Hills investors use historical funamental indicators, such as Berkshire Hills's revenue or net income, to determine how well the company is positioned to perform in the future. Although Berkshire Hills investors may use each financial statement separately, they are all related. The changes in Berkshire Hills's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Berkshire Hills's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Berkshire Hills Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Berkshire Hills. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-10.5 M-11.1 M
Total Revenue618.6 M649.5 M
Cost Of Revenue253.4 M266 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.27  0.32 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0)(0)
Revenue Per Share 14.29  7.20 
Ebit Per Revenue 0.51  0.36 

Pair Trading with Berkshire Hills

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Berkshire Hills position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Berkshire Hills will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Berkshire Hills could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Berkshire Hills when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Berkshire Hills - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Berkshire Hills Bancorp to buy it.
The correlation of Berkshire Hills is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Berkshire Hills moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Berkshire Hills Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Berkshire Hills can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Berkshire Hills Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Berkshire Hills' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Berkshire Hills Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Berkshire Hills Bancorp Stock:
Check out the analysis of Berkshire Hills Correlation against competitors.
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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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Is Berkshire Hills' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Berkshire Hills. If investors know Berkshire will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Berkshire Hills listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.075
Dividend Share
0.72
Earnings Share
1.6
Revenue Per Share
8.774
Quarterly Revenue Growth
(0.31)
The market value of Berkshire Hills Bancorp is measured differently than its book value, which is the value of Berkshire that is recorded on the company's balance sheet. Investors also form their own opinion of Berkshire Hills' value that differs from its market value or its book value, called intrinsic value, which is Berkshire Hills' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Berkshire Hills' market value can be influenced by many factors that don't directly affect Berkshire Hills' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Berkshire Hills' value and its price as these two are different measures arrived at by different means. Investors typically determine if Berkshire Hills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berkshire Hills' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.