Berkshire Bancorp Inc. operates as the bank holding company for The Berkshire Bank that provides community banking services primarily to businesses, professionals, and retail customers. The company offers various deposit products, including statement savings accounts, NOW accounts, money market deposits accounts, checking accounts, and certificates of deposit. Its loan portfolio comprises commercial mortgage loans secured by office buildings, retail establishments, multi-family residential real estate, and other types of commercial property; commercial loans offered to businesses for inventory financing, working capital, machinery and equipment purchases, expansion, and other business purposes; and residential mortgage loans secured by first liens on one-to-four family owner-occupied or rental residential real estate, as well as residential single family construction loans, home equity loans and lines of credit, and short-term fixed-rate consumer loans. The company also offers title insurance agency services; and acts as a qualified intermediary in connection with tax free exchanges under Section 1031 of the Internal Revenue Code of 1986. It operates through seven deposit-taking offices in New York City; four deposit-taking offices in Orange and Sullivan counties, New York; and one deposit taking office in Teaneck, New Jersey. The company was founded in 1979 and is based in New York, New York.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Phone212-349-2875
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$32.99 million
Profitability
Miscellaneous
EmployeesN/A
OptionableNot Optionable
Berkshire Bancorp (OTCMKTS:BERK) Frequently Asked Questions
What is Berkshire Bancorp's stock symbol?
Berkshire Bancorp trades on the OTCMKTS under the ticker symbol "BERK."
Has Berkshire Bancorp been receiving favorable news coverage?
Media headlines about BERK stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Berkshire Bancorp earned a media sentiment score of 1.4 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are some of Berkshire Bancorp's key competitors?
Some companies that are related to Berkshire Bancorp include Community Trust Bancorp (CTBI), HomeStreet (HMST), Univest Financial (UVSP), Byline Bancorp (BY), ConnectOne Bancorp (CNOB), Customers Bancorp (CUBI), Preferred Bank (PFBC), Horizon Bancorp (HBNC), Veritex (VBTX), First Foundation (FFWM), Live Oak Bancshares (LOB), Blue Hills Bancorp (BHBK), Flushing Financial (FFIC), Tristate Capital (TSC) and Merchants Bancorp (MBIN).
Who are Berkshire Bancorp's key executives?
Berkshire Bancorp's management team includes the folowing people:
- Mr. Moses Krausz, Director (Age 78)
- Mr. David W. Lukens Jr., CFO & Exec. VP of the Berkshire Bank (Age 70)
- Dr. Joseph Fink, Chief Exec. Officer, Pres, Chief Financial Officer, Treasurer and Director (Age 61)
- Ms. Tami M. Gunsch, Sr. VP of Retail Banking (Age 56)
- Mr. Emanuel J. Adler Esq., Sec.
How do I buy shares of Berkshire Bancorp?
Shares of BERK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Berkshire Bancorp's stock price today?
One share of BERK stock can currently be purchased for approximately $13.10.
How big of a company is Berkshire Bancorp?
Berkshire Bancorp has a market capitalization of $188.90 million and generates $32.99 million in revenue each year.
What is Berkshire Bancorp's official website?
How can I contact Berkshire Bancorp?
Berkshire Bancorp's mailing address is 160 Broadway, NEW YORK NY, 10038. The financial services provider can be reached via phone at 212-349-2875 or via email at [email protected]
MarketBeat Community Rating for Berkshire Bancorp (OTCMKTS BERK)
MarketBeat's community ratings are surveys of what our community members think about Berkshire Bancorp and other stocks. Vote "Outperform" if you believe BERK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BERK will underperform the S&P 500 over the long term. You may vote once every thirty days.
