Berkshire Hills Bancorp, Inc.

NYSE BHLB

Berkshire Hills Bancorp, Inc. Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2024: 3.89%

Berkshire Hills Bancorp, Inc. Return on Equity (ROE) is 3.89% for the Trailing 12 Months (TTM) ending September 30, 2024, a -62.92% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Berkshire Hills Bancorp, Inc. Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2023 was 10.49%, a 34.86% change year over year.
Berkshire Hills Bancorp, Inc. Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2022 was 7.77%.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

NYSE: BHLB

Berkshire Hills Bancorp, Inc.

CEO	Mr. Nitin J. Mhatre
IPO Date	June 28, 2000
Location	United States
Headquarters	60 State Street
Employees	1,310
Sector	Finance
Industries Banking & Lending Investment Banking & Asset Management

Description

Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides various banking products and services. It offers various deposit accounts, including demand deposit, NOW, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts; and loans, such as commercial real estate, commercial and industrial, consumer, and residential mortgage loans. The company also provides wealth management services comprising investment management, trust administration, and financial planning; and investment products, financial planning, and brokerage services. In addition, it offers electronic banking, commercial cash management, online banking, small business banking, asset based lending, and mobile banking services; and debit cards and other electronic fee producing payment services to transaction account customers. The company serves personal, commercial, non-profit, and municipal deposit customers. As of March 14, 2022, it operated 106 full-service branches in Massachusetts, New York, Connecticut, and Vermont. The company also has commercial banking offices in Providence, Rhode Island and New Haven, Connecticut. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.

Key trends

Past 5 years