Berkshire Hills Bancorp, Inc. (BHLB)
NYSE: BHLB · Real-Time Price · USD
26.55
+1.01 (3.95%)
At close: May 12, 2025, 4:00 PM
26.55
0.00 (0.00%)
After-hours: May 12, 2025, 7:00 PM EDT
Berkshire Hills Bancorp Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Interest Income on Loans | 552.85 | 556.53 | 512.54 | 335.31 | 282.16 | 358.02 | Upgrade
|
| Interest Income on Investments | 57.41 | 57.41 | 63.76 | 51.95 | 46.9 | 51.77 | Upgrade
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| Total Interest Income | 610.26 | 613.94 | 576.3 | 387.26 | 329.07 | 409.78 | Upgrade
|
| Interest Paid on Deposits | 222.71 | 228.02 | 158.91 | 33.44 | 27.24 | 72.72 | Upgrade
|
| Interest Paid on Borrowings | 34.34 | 34.34 | 48.34 | 9.22 | 10.66 | 20.29 | Upgrade
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| Total Interest Expense | 257.05 | 262.35 | 207.25 | 42.66 | 37.9 | 93 | Upgrade
|
| Net Interest Income | 353.22 | 351.59 | 369.05 | 344.6 | 291.17 | 316.78 | Upgrade
|
| Net Interest Income Growth (YoY) | -1.79% | -4.73% | 7.09% | 18.35% | -8.09% | -13.27% | Upgrade
|
| Trust Income | 10.91 | 10.84 | 10.2 | 10.01 | 10.53 | 9.29 | Upgrade
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| Mortgage Banking Activities | - | - | - | - | - | 5.19 | Upgrade
|
| Gain (Loss) on Sale of Assets | 16.24 | 16.24 | - | - | 52.94 | 1.24 | Upgrade
|
| Gain (Loss) on Sale of Investments | 0.04 | -49.93 | -32.56 | -5.54 | -4.23 | -11.17 | Upgrade
|
| Other Non-Interest Income | 26.86 | 24.86 | 20.66 | 19.95 | 33.51 | 33.85 | Upgrade
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| Total Non-Interest Income | 101.69 | 48.41 | 42.78 | 68.94 | 143.25 | 66.31 | Upgrade
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| Non-Interest Income Growth (YoY) | - | 13.16% | -37.94% | -51.88% | 116.04% | -21.07% | Upgrade
|
| Revenues Before Loan Losses | 454.9 | 400 | 411.83 | 413.53 | 434.41 | 383.09 | Upgrade
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| Provision for Loan Losses | 23.5 | 24 | 32 | 11 | -0.5 | 75.88 | Upgrade
|
| Revenue | 431.4 | 376 | 379.83 | 402.53 | 434.91 | 307.21 | Upgrade
|
| Revenue Growth (YoY) | 33.05% | -1.01% | -5.64% | -7.45% | 41.57% | -25.77% | Upgrade
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| Salaries and Employee Benefits | 152.04 | 152.14 | 151.78 | 145.4 | 146.42 | 143.11 | Upgrade
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| Occupancy Expenses | 21.54 | 22.57 | 26.62 | 27.94 | 30.88 | 31.06 | Upgrade
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| Federal Deposit Insurance | -0.22 | - | - | - | 3.76 | 5.88 | Upgrade
|
| Amortization of Goodwill & Intangibles | 4.52 | 4.6 | 4.82 | 5.13 | 5.2 | 6.18 | Upgrade
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| Selling, General & Administrative | 79.19 | 79.84 | 82.52 | 72.88 | 67.48 | 65 | Upgrade
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| Other Non-Interest Expense | 25.44 | 27.85 | 29.51 | 28.46 | 26.35 | 29.28 | Upgrade
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| Total Non-Interest Expense | 282.5 | 286.99 | 295.25 | 279.81 | 280.11 | 280.64 | Upgrade
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| EBT Excluding Unusual Items | 148.9 | 89.01 | 84.58 | 122.73 | 154.8 | 26.57 | Upgrade
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| Pretax Income | 140.57 | 79.52 | 78.32 | 113.82 | 149.02 | -533.03 | Upgrade
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| Income Tax Expense | 33.66 | 18.51 | 8.72 | 21.29 | 30.36 | -19.85 | Upgrade
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| Earnings From Continuing Operations | 106.91 | 61 | 69.6 | 92.53 | 118.66 | -513.18 | Upgrade
|
| Earnings From Discontinued Operations | - | - | - | - | - | -19.84 | Upgrade
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| Net Income | 106.91 | 61 | 69.6 | 92.53 | 118.66 | -533.02 | Upgrade
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| Net Income to Common | 106.91 | 61 | 69.6 | 92.53 | 118.66 | -533.02 | Upgrade
|
| Net Income Growth | 391.02% | -12.35% | -24.79% | -22.02% | - | - | Upgrade
|
| Basic Shares Outstanding | 43 | 43 | 43 | 46 | 49 | 50 | Upgrade
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| Diluted Shares Outstanding | 44 | 43 | 44 | 46 | 50 | 50 | Upgrade
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| Shares Change (YoY) | 0.62% | -1.71% | -5.25% | -7.35% | -1.42% | 1.72% | Upgrade
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| EPS (Basic) | 2.47 | 1.44 | 1.61 | 2.03 | 2.41 | -10.60 | Upgrade
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| EPS (Diluted) | 2.46 | 1.43 | 1.60 | 2.02 | 2.39 | -10.60 | Upgrade
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| EPS Growth | 392.17% | -10.63% | -20.79% | -15.48% | - | - | Upgrade
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| Dividend Per Share | 0.720 | 0.720 | 0.720 | 0.540 | 0.480 | 0.720 | Upgrade
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| Dividend Growth | - | - | 33.33% | 12.50% | -33.33% | -21.74% | Upgrade
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| Effective Tax Rate | 23.95% | 23.28% | 11.14% | 18.70% | 20.37% | - | Upgrade
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Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.