Berkshire Hills Bancorp (BHLB) Projected to Post Earnings on Thursday

Berkshire Hills Bancorp (NYSE:BHLB - Get Free Report) is anticipated to release its Q2 2025 earnings data 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 quarterly earnings data on Thursday, April 24th. The savings and loans company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.06. The firm had revenue of $110.44 million during the quarter, compared to the consensus estimate of $109.71 million. Berkshire Hills Bancorp had a return on equity of 9.13% and a net margin of 15.02%. The business's revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.49 earnings per share. 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 Down 1.3%

Shares of NYSE:BHLB traded down $0.36 during trading on Friday, reaching $26.22. 399,212 shares of the company traded hands, compared to its average volume of 413,748. The business's fifty day moving average is $25.42 and its 200-day moving average is $26.42. Berkshire Hills Bancorp has a 52-week low of $22.27 and a 52-week 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. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 10.61 and a beta of 0.61.

Berkshire Hills Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date was Thursday, May 15th. Berkshire Hills Bancorp's dividend payout ratio (DPR) is presently 29.15%.

Institutional Trading of Berkshire Hills Bancorp

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its position in Berkshire Hills Bancorp by 10.9% during the 1st quarter. Royal Bank of Canada now owns 25,671 shares of the savings and loans company's stock valued at $669,000 after purchasing an additional 2,516 shares during the period. AQR Capital Management LLC boosted its stake in shares of Berkshire Hills Bancorp by 266.3% during 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. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Berkshire Hills Bancorp by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,523 shares of the savings and loans company's stock valued at $666,000 after buying an additional 1,117 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Berkshire Hills Bancorp by 17.8% during the first 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 buying an additional 21,525 shares during the period. Hedge funds and other institutional investors own 83.07% of the company's stock.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $31.00 price objective on shares of Berkshire Hills Bancorp in a research note on Monday, April 28th. Four 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, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $31.13.

About Berkshire Hills Bancorp

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.