Berkshire Hills Bancorp

Berkshire Bank is America's Most Exciting Bank, because of our People, Attitude, and Energy.
For over 165 years, Berkshire Bank has delivered excellent service and performance.
Our internal culture creates an environment for inspiration! Our employees make the difference and are the front line when delivering on our brand promise of excitement. We practice and live by what we call our R.I.G.H.T values, which keep us focused on doing the R.I.G.H.T things every day across our network.

Company Growth (employees)
Type
Public
HQ
Pittsfield, US
Founded
1846
Size (employees)
1,731 (est)
Berkshire Hills Bancorp was founded in 1846 and is headquartered in Pittsfield, US

Berkshire Hills Bancorp Office Locations

Berkshire Hills Bancorp has an office in Pittsfield
Pittsfield, US (HQ)
24 North St

Berkshire Hills Bancorp Data and Metrics

Berkshire Hills Bancorp Financial Metrics

Berkshire Hills Bancorp's revenue was reported to be $101.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

101.6 m

Gross profit (Q1, 2017)

87.8 m

Gross profit margin (Q1, 2017), %

86%

Net income (Q1, 2017)

15.5 m

EBIT (Q1, 2017)

66.9 m

Market capitalization (21-Sep-2017)

1.3 b

Cash (31-Mar-2017)

93.3 m
Berkshire Hills Bancorp's current market capitalization is $1.3 b.
USDFY, 2013FY, 2014Y, 2015FY, 2016

Revenue

227 m226.5 m268.1 m298.1 m

Revenue growth, %

(0%)18%11%

Cost of goods sold

33.2 m48.2 m

Gross profit

235 m249.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

58.1 m69.4 m69.7 m73.3 m72 m76.9 m101.6 m

Cost of goods sold

7.3 m7.8 m8.5 m10.8 m11.6 m12.5 m13.8 m

Gross profit

50.8 m61.7 m61.2 m62.5 m60.4 m64.4 m87.8 m

Gross profit Margin, %

87%89%88%85%84%84%86%
USDFY, 2014FY, 2015FY, 2016

Cash

71.8 m103.6 m113.1 m

Accounts Receivable

257 k

PP&E

87.3 m88.1 m93.2 m

Goodwill

264.7 m323.9 m403.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

112.9 m70.8 m62.2 m205.5 m93.6 m68.8 m74.6 m69.3 m93.3 m

PP&E

86.9 m87.2 m85.1 m87.5 m86.8 m87.8 m86.3 m85.8 m95.2 m

Goodwill

264.8 m264.8 m264.7 m308 m325 m323.7 m339.9 m340 m403.1 m

Total Assets

6.3 b6.4 b6.6 b7.5 b7.8 b7.8 b8 b7.9 b9.3 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

33.7 m49.5 m58.7 m

Depreciation and Amortization

3.6 m2.9 m

Cash From Operating Activities

(22.7 m)55.8 m86.3 m98.1 m

Purchases of PP&E

(575.5 m)(285.6 m)(400.1 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

10.4 m22.3 m8.8 m18.8 m33.5 m16 m32 m48.3 m15.5 m

Depreciation and Amortization

901 k934 k887 k819 k787 k749 k801 k

Cash From Operating Activities

24.8 m21 m3.8 m1.7 m50.8 m9.3 m29.7 m59.5 m55.2 m

Purchases of PP&E

(447.1 m)(524.8 m)(41.1 m)(175 m)(236.6 m)(46.4 m)(164.9 m)(186.4 m)(151.7 m)
USDY, 2017

Revenue/Employee

58.7 k

Financial Leverage

8.5 x
Show all financial metrics

Berkshire Hills Bancorp Operating Metrics

Berkshire Hills Bancorp's Total Loans Issued was reported to be $6.9 b in Q2, 2017. Berkshire Hills Bancorp's Assets Under Management was reported to be $1.4 b in FY, 2016, which is a 7% decrease from the previous period
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Total Loans Issued

$4.68 b$4.69 b$5.28 b$5.66 b$5.73 b$5.73 b$6 b$6.05 b$6.55 b$6.66 b$6.86 b

Bank Branches

919397

Assets Under Management

$1.4 b$1.5 b$1.4 b

Non-performing Loans

$21.71 m$22.01 m$19.99 m$21.74 m$20.88 m$20.8 m$6.21 m$20.66 m$22.24 m$25.13 m$24.2 m
Show all operating metrics

Berkshire Hills Bancorp Market Value History

Traffic Overview of Berkshire Hills Bancorp

Berkshire Hills Bancorp Online and Social Media Presence

Berkshire Hills Bancorp Company Life and Culture

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