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.

Pittsfield, US
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 $298.1 m in FY, 2016

Revenue (FY, 2016)

298.1 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

249.9 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

58.7 m

EBIT (FY, 2016)

232.3 m

Market capitalization (20-Jul-2017)

1.3 b

Closing share price (20-Jul-2017)


Cash (31-Dec-2016)

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


227 m226.5 m268.1 m298.1 m

Revenue growth, %


Cost of goods sold

33.2 m48.2 m

Gross profit

235 m249.9 m

Gross profit Margin, %


Sales and marketing expense

104.6 m

General and administrative expense

27.2 m

Operating expense total

196.8 m203.3 m


58.2 m45.5 m213.8 m232.3 m

EBIT margin, %


Pre tax profit

54.6 m77.5 m

Income tax expense

5.1 m18.8 m

Net Income

41.1 m33.7 m49.5 m58.7 m
USDFY, 2014FY, 2015FY, 2016


71.8 m103.6 m113.1 m

Accounts Receivable

257 k


87.3 m88.1 m93.2 m


264.7 m323.9 m403.1 m

Total Assets

6.5 b7.8 b9.2 b

Accounts Payable

6.6 b

Total Liabilities

8.1 b

Common Stock

265 k322 k366 k

Additional Paid-in Capital

585.3 m742.6 m899 m

Retained Earnings

156.4 m183.9 m217.5 m

Total Equity

709.3 m887.2 m1.1 b

Financial Leverage

9.2 x8.8 x8.4 x
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)

Cash From Investing Activities

(369.3 m)(454.5 m)(207.6 m)

Cash From Financing Activities

309.7 m400 m119 m
USDY, 2016


244 k

Financial Leverage

8.4 x

Berkshire Hills Bancorp Market Value History

Berkshire Hills Bancorp Online and Social Media Presence

Berkshire Hills Bancorp Company Life and Culture

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