Seaport Research Partners initiated coverage on Berkshire Hills Bancorp with a new price target
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Seaport Research Partners initiated coverage of Berkshire Hills Bancorp with a rating of Sell and set a new price target of $16.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/22/2024 | $28.00 | Buy → Neutral | Janney |
| 7/19/2024 | $28.00 → $31.00 | Outperform | Hovde Group |
| 1/29/2024 | Sell → Neutral | Seaport Research Partners | |
| 1/10/2024 | $24.00 | Underweight → Neutral | Piper Sandler |
| 9/12/2023 | $16.00 | Sell | Seaport Research Partners |
| 10/14/2022 | $31.00 → $29.00 | Neutral → Underweight | Piper Sandler |
| 9/13/2022 | $33.00 | Outperform | Hovde Group |
| 7/21/2022 | $31.00 | Neutral → Buy | Janney |
BOSTON, Nov. 1, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE:BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.18 per common share to shareholders of record at the close of business on November 14, 2024, payable on November 27, 2024. About Berkshire Hills Bancorp Headquartered in Boston, Berkshire Hills Bancorp is the parent of Berkshire Bank. With $11.6 billion in assets and 83 branches in New England and New York, the Bank provides Commercial Banking, Retail Banking, Consumer Lending, Private Banking and Wealth Manage
Operating EPS of $0.58 increased 5% linked quarter and 16% year-over-year $16 million non-operating gain on branch sale ($0.30 per share after tax)Operating revenue up 1% linked quarter and 2% year-over-year14.8% return on tangible common equity; 9.9% operating return on tangible common equityBranch sale and loan sale are expected to further improve long-term profitability BOSTON, Oct. 24, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE:BHLB) today reported results for the third quarter of 2024. These results along with comparison periods are summarized below: ($ in m
BOSTON, Oct. 1, 2024 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE:BHLB) third quarter 2024 earnings release and conference call are scheduled as follows: Earnings Release: October 24, 2024, at approximately 7:30 a.m. (Eastern) Conference Call: Thursday, October 24, 2024, at 9:00 a.m. (Eastern) Webcast (listen-only): Register at: https://events.q4inc.com/attendee/132825795 Dial-in Number: Toll Free: 800-549-8228; Conference ID: 47447 Webcast Replay: https://ir.berkshirebank.com (for the live webcast and the replay) Telephone Replay:
3 - BERKSHIRE HILLS BANCORP INC (0001108134) (Issuer)
4 - BERKSHIRE HILLS BANCORP INC (0001108134) (Issuer)
4 - BERKSHIRE HILLS BANCORP INC (0001108134) (Issuer)
Janney downgraded Berkshire Hills Bancorp from Buy to Neutral and set a new price target of $28.00
Hovde Group reiterated coverage of Berkshire Hills Bancorp with a rating of Outperform and set a new price target of $31.00 from $28.00 previously
Seaport Research Partners upgraded Berkshire Hills Bancorp from Sell to Neutral
10-Q - BERKSHIRE HILLS BANCORP INC (0001108134) (Filer)
8-K - BERKSHIRE HILLS BANCORP INC (0001108134) (Filer)
8-K - BERKSHIRE HILLS BANCORP INC (0001108134) (Filer)
SC 13G/A - BERKSHIRE HILLS BANCORP INC (0001108134) (Subject)
SC 13G/A - BERKSHIRE HILLS BANCORP INC (0001108134) (Subject)
SC 13G/A - BERKSHIRE HILLS BANCORP INC (0001108134) (Subject)
4 - BERKSHIRE HILLS BANCORP INC (0001108134) (Issuer)
4 - BERKSHIRE HILLS BANCORP INC (0001108134) (Issuer)
4 - BERKSHIRE HILLS BANCORP INC (0001108134) (Issuer)
BOSTON, Nov. 1, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE:BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.18 per common share to shareholders of record at the close of business on November 14, 2024, payable on November 27, 2024. About Berkshire Hills Bancorp Headquartered in Boston, Berkshire Hills Bancorp is the parent of Berkshire Bank. With $11.6 billion in assets and 83 branches in New England and New York, the Bank provides Commercial Banking, Retail Banking, Consumer Lending, Private Banking and Wealth Manage
Operating EPS of $0.58 increased 5% linked quarter and 16% year-over-year $16 million non-operating gain on branch sale ($0.30 per share after tax)Operating revenue up 1% linked quarter and 2% year-over-year14.8% return on tangible common equity; 9.9% operating return on tangible common equityBranch sale and loan sale are expected to further improve long-term profitability BOSTON, Oct. 24, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE:BHLB) today reported results for the third quarter of 2024. These results along with comparison periods are summarized below: ($ in m
BOSTON, Oct. 1, 2024 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE:BHLB) third quarter 2024 earnings release and conference call are scheduled as follows: Earnings Release: October 24, 2024, at approximately 7:30 a.m. (Eastern) Conference Call: Thursday, October 24, 2024, at 9:00 a.m. (Eastern) Webcast (listen-only): Register at: https://events.q4inc.com/attendee/132825795 Dial-in Number: Toll Free: 800-549-8228; Conference ID: 47447 Webcast Replay: https://ir.berkshirebank.com (for the live webcast and the replay) Telephone Replay:
Janney Montgomery Scott analyst Jake Civiello downgrades Berkshire Hills Bancorp (NYSE:BHLB) from Buy to Neutral and announces $28 price target.
Berkshire Hills Bancorp (NYSE:BHLB) reported quarterly earnings of $0.57 per share which beat the analyst consensus estimate of $0.52 by 9.62 percent. This is a 3.64 percent increase over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $88.53 million which missed the analyst consensus estimate of $90.50 million by 2.17 percent. This is a 4.56 percent decrease over sales of $92.76 million the same period last year.
Rosato will remain with the company through June 14, 2024, as the Company transitions his responsibilities to Brett Brbovic. The Company and the Bank have appointed Chief Accounting Officer Brett Brbovic as Executive Vice President and Chief Financial Officer, effective June 14, 2024. Mr. Brbovic joined the Company from KPMG LLP in 2012 and has served as Chief Accounting Officer since 2015. He previously served as Interim Chief Financial Officer, from October 7, 2022, to February 6, 2023.
Shareholders Recognize Berkshire's Achievements; Approve All Proposals BOSTON, May 17, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE:BHLB), the parent company of Berkshire Bank, a relationship-driven, community-focused bank with financial centers in New England and New York, announced today that all three proposals were approved at its Annual Meeting of Shareholders on May 16, 2024, with a quorum of approximately 91% of outstanding shares voted in person or by proxy at the meeting. All measures were unanimously recommended by the Board. All measures requesting shareholder approval received at least 96% support.
Torrance Childs, Former President of Private Banking at Boston Private, 40-Year Boston Banking Veteran, Joins Berkshire to Accelerate Client Growth & Experience BOSTON, March 21, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE:BHLB), the parent company of Berkshire Bank, a relationship-driven, community-focused bank with financial centers in New England and New York, is pleased to welcome Torrance Childs, former President of Private Banking at Boston Private Bank & Trust, to the Company as Chief Commercial Deposit Officer. In his new role, Childs will focus on deliv
BOSTON, Sept. 14, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE:BHLB), the parent company of Berkshire Bank, a leading socially responsible community bank with financial centers in New England and New York, announced the election of Mary Anne Callahan to the Board of Directors of the Company and its wholly-owned subsidiary Berkshire Bank effective September 13, 2023. Ms. Callahan has extensive investment banking expertise including advising bank clients on strategy, capital management and merger and acquisitions. She served most recently as a Managing Director in the Financial Services Group at Piper Sandler Companies. Upon her election, Ms. Callahan was determined to be an indepe