Michael Daly - Berkshire Hills CEO
| BHLB Stock | USD 22.29 0.38 1.73% |
CEO
Mr. Michael P. Daly serves as President and Chief Executive Officer Chief Executive Officer Berkshire Bank, a subsidiary company of Berkshire Hills Bancorp, Inc. Before these appointments, Mr. Daly served as Executive Vice President and Senior Loan Officer of the Bank. He was an employee of the Bank since 1986. since 2014.
| Age | 55 |
| Tenure | 10 years |
| Address | 60 State Street, Boston, MA, United States, 02109 |
| Phone | 617 641 9206 |
| Web | https://www.berkshirebank.com |
Berkshire Hills Management Efficiency
The current year's Return On Capital Employed is expected to grow to 0.12, whereas Return On Tangible Assets are forecasted to decline to 0. At present, Berkshire Hills' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 10.2 B, whereas Total Assets are forecasted to decline to about 6.4 B. Berkshire Hills' management efficiency ratios could be used to measure how well Berkshire Hills manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.0217 | ||||
| Return On Asset | 0.0018 |
Berkshire Hills Bancorp Leadership Team
Elected by the shareholders, the Berkshire Hills' board of directors comprises two types of representatives: Berkshire Hills inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Berkshire. The board's role is to monitor Berkshire Hills' management team and ensure that shareholders' interests are well served. Berkshire Hills' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Berkshire Hills' outside directors are responsible for providing unbiased perspectives on the board's policies.
| James Moses, Senior Executive Vice President, Chief Financial Officer of the Company; Chief Financial Officer - Berkshire Bank | ||
| Gary Levante, Vice President - Corporate Social Responsibility | ||
| Williar Dunlaevy, Director | ||
| Gregory Lindenmuth, Senior Executive Vice President, Chief Risk Officer - Berkshire Bank | ||
| Patrick Sheehan, Independent Director | ||
| George Bacigalupo, Senior Executive Vice President, Commercial Banking - Berkshire Bank | ||
| J Dunlaevy, Independent Chairman of the Board | ||
| Laurie Moffatt, Independent Director | ||
| Ashlee Flores, Executive Officer | ||
| Ali ORourke, Investor Relations Officer | ||
| Cornelius Mahoney, Independent Director | ||
| Richard Marotta, Sr. Executive VP and President of Berkshire Bank | ||
| Ellen Steinfeld, Executive Vice President - Head of Consumer Lending and Payments | ||
| Linda Johnston, Executive Vice President - Human Resources | ||
| Barton Raser, Independent Director | ||
| Allan Costello, Executive Vice President Home Lending - Berkshire Bank | ||
| Peter Samson, Senior Vice President Commercial Leader - Connecticut | ||
| Gordon Esq, General EVP | ||
| Nina Charnley, Independent Director | ||
| William Hughes, Independent Director | ||
| Michael Daly, CEO, Director, CEO of Berkshire Bank, CEO of Greater Berkshire Foundation and President of Bank Foundation and Director of Berkshire Bank | ||
| Thomas Burton, Director | ||
| Gordon Prescott, Executive Vice President General Counsel and Corporate Secretary - Berkshire Bank | ||
| Heather Lashway, Senior Vice President - Retail Banking | ||
| Michael Carroll, Executive Vice President Specialty Lending - Berkshire Bank | ||
| Mihir Desai, Independent Director | ||
| Jonathan Shulman, Independent Director | ||
| John Davies, Independent Director | ||
| Susan Hill, Independent Director | ||
| Jacqueline Courtwright, Senior Officer | ||
| William Ryan, Chairman of the Board | ||
| Sean Gray, Senior Vice President and President, Chief Operating Officer of the Bank | ||
| Malia Lazu, Executive Vice President Chief Experience and Culture Officer of Berkshire Bank | ||
| David Brunelle, Independent Vice Chairman of the Board | ||
| Jeffrey Klaus, Senior Vice President - Regional President & Middle Market Team Leader in Southern Connecticut | ||
| Brett Brbovic, Acting Financial Officer, Senior Vice President Chief Accounting Officer | ||
| Sumant Pustake, Executive Officer | ||
| Alison Skratt, Head Communications | ||
| Rheo Brouillard, Director | ||
| Rodney Dimock, Independent Director | ||
| Paul Bossidy, Director | ||
| Subhadeep Basu, Chief Financial Officer, Senior Executive Vice President | ||
| David Rosato, Senior CFO | ||
| David Coughlin, Senior Banking | ||
| James Brown, Senior Banking | ||
| Allison ORourke, Executive Vice President Finance - Berkshire Bank | ||
| Jeffrey Kip, Independent Director | ||
| Deborah Bailey, Director | ||
| Baye AdofoWilson, Independent Director | ||
| Richard Suski, Director | ||
| Jeffrey Templeton, Independent Director | ||
| D Templeton, Independent Director | ||
| Glenn Welch, Executive Vice President | ||
| Josephine Iannelli, CFO and Sr. Executive VP | ||
| Sylvia Maxfield, Independent Director | ||
| Robert Curley, Non-Independent Director, Chairman of Risk Management Committee, Member of Capital Committee and Chairman of Berkshire Bank-New York Region | ||
| Michael Zaitzeff, Director | ||
| Nitin Mhatre, President, Chief Executive Officer, Director and Chief Executive Officer of Bank | ||
| Pamela Massad, Independent Director | ||
| Tami Gunsch, Senior Executive Vice President and Director of Relationship Banking - Berkshire Bank | ||
| Kevin Conn, Senior Vice President of Investor Relations and Corporate Development |
Berkshire Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Berkshire Hills a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0217 | ||||
| Return On Asset | 0.0018 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | (0.40) % | ||||
| Current Valuation | 193.01 M | ||||
| Shares Outstanding | 43.41 M | ||||
| Shares Owned By Insiders | 1.02 % | ||||
| Shares Owned By Institutions | 85.01 % | ||||
| Number Of Shares Shorted | 860.25 K | ||||
| Price To Earning | 10.45 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Berkshire Hills in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Berkshire Hills' short interest history, or implied volatility extrapolated from Berkshire Hills options trading.
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.Moving together with Berkshire Stock
| 0.75 | AX | Axos Financial Fiscal Year End 25th of July 2024 | PairCorr |
| 0.67 | BY | Byline Bancorp Normal Trading | PairCorr |
| 0.71 | PB | Prosperity Bancshares Financial Report 24th of July 2024 | PairCorr |
Moving against Berkshire Stock
| 0.42 | TECTP | Tectonic Financial | PairCorr |
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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hills Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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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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 0.5 | Revenue Per Share 7.53 | Quarterly Revenue Growth (0.53) |
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.