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Berkshire Hills Bancorp Q3 2024 Earnings Report

Berkshire Hills Bancorp logo
$28.58 +0.78 (+2.81%)
(As of 12/20/2024 05:15 PM ET)

Berkshire Hills Bancorp EPS Results

Actual EPS
$0.58
Consensus EPS
$0.55
Beat/Miss
Beat by +$0.03
One Year Ago EPS
$0.50

Berkshire Hills Bancorp Revenue Results

Actual Revenue
$125.70 million
Expected Revenue
$119.61 million
Beat/Miss
Beat by +$6.09 million
YoY Revenue Growth
+16.60%

Berkshire Hills Bancorp Announcement Details

Quarter
Q3 2024
Time
Before Market Opens
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About Berkshire Hills Bancorp

Berkshire Hills Bancorp (NYSE:BHLB) 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. It offers loans, such as commercial real estate, commercial and industrial, residential mortgage, and consumer loans. In addition, the company provides wealth management services comprising investment management, trust administration, tax return preparation, and financial planning; and investment products and brokerage services. Further, it offers commercial cash management, online banking and mobile banking, small business banking, and asset based lending services; and debit cards and other electronic fee producing payment services to transaction account customers. It serves its products to personal, commercial, non-profit, and municipal deposit customers. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.

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