Berkshire Hills Bancorp (BHLB) Expected to Announce Earnings on Thursday

Berkshire Hills Bancorp (NYSE:BHLB - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results before the market opens on Thursday, July 17th. Analysts expect Berkshire Hills Bancorp to post earnings of $0.58 per share and revenue of $113.34 million for the quarter.

Berkshire Hills Bancorp (NYSE:BHLB - Get Free Report) last announced its earnings results on Thursday, April 24th. The savings and loans company reported $0.60 earnings per share for the quarter, topping analysts' consensus estimates of $0.54 by $0.06. Berkshire Hills Bancorp had a net margin of 15.02% and a return on equity of 9.13%. The business had revenue of $110.44 million during the quarter, compared to the consensus estimate of $109.71 million. During the same quarter last year, the firm earned $0.49 earnings per share. Berkshire Hills Bancorp's quarterly revenue was up 4.7% on a year-over-year basis. On average, analysts expect Berkshire Hills Bancorp to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Berkshire Hills Bancorp Trading Up 0.2%

BHLB opened at $26.60 on Thursday. The company has a market cap of $1.23 billion, a P/E ratio of 10.77 and a beta of 0.61. The company has a fifty day moving average price of $25.38 and a two-hundred day moving average price of $26.45. Berkshire Hills Bancorp has a 1-year low of $22.27 and a 1-year high of $32.36. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.24.

Berkshire Hills Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, May 15th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 2.71%. The ex-dividend date of this dividend was Thursday, May 15th. Berkshire Hills Bancorp's dividend payout ratio (DPR) is presently 29.15%.

Institutional Investors Weigh In On Berkshire Hills Bancorp

Several institutional investors have recently made changes to their positions in BHLB. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Berkshire Hills Bancorp by 17.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 142,694 shares of the savings and loans company's stock valued at $3,723,000 after purchasing an additional 21,525 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Berkshire Hills Bancorp by 266.3% in the 1st quarter. AQR Capital Management LLC now owns 142,057 shares of the savings and loans company's stock valued at $3,706,000 after purchasing an additional 103,276 shares in the last quarter. Royal Bank of Canada grew its position in shares of Berkshire Hills Bancorp by 10.9% in the 1st quarter. Royal Bank of Canada now owns 25,671 shares of the savings and loans company's stock worth $669,000 after buying an additional 2,516 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Berkshire Hills Bancorp by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,523 shares of the savings and loans company's stock worth $666,000 after buying an additional 1,117 shares during the last quarter. Institutional investors own 83.07% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada reissued a "sector perform" rating and issued a $31.00 price target on shares of Berkshire Hills Bancorp in a research report on Monday, April 28th. Four investment analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $31.13.

Berkshire Hills Bancorp Company Profile

Berkshire Hills Bancorp, Inc operates as the bank holding company for Berkshire Bank that provides various banking products and services in the United States. The company provides various deposit accounts, including demand deposit, interest-bearing checking, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts.

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