OverviewSuggest Edit

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.

TypePublic
Founded1846
HQBoston, MA, US
Websiteir.berkshirebank.com

Latest Updates

Employees (est.) (Dec 2019)1,873(-2%)
Revenue (FY, 2020)$383.1 M(-14%)
Share Price (Nov 2021)$27.6(-1%)
Cybersecurity ratingBMore
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Key People/Management at Berkshire Hills Bancorp

Sean A. Gray

Sean A. Gray

Acting President & CEO
James M. Moses

James M. Moses

Senior Executive Vice President, Chief Financial Officer
Jacqueline Courtwright

Jacqueline Courtwright

EVP, Chief Human Resources and Culture Officer
George F. Bacigalupo

George F. Bacigalupo

SEVP, Commercial Banking
Tami M. Gunsch

Tami M. Gunsch

SEVP & Director of Relationship Banking
Gregory D. Lindenmuth

Gregory D. Lindenmuth

SEVP, Chief Risk Officer
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Berkshire Hills Bancorp Office Locations

Berkshire Hills Bancorp has an office in Boston
Boston, MA, US (HQ)
60 State St
Show all (1)

Berkshire Hills Bancorp Financials and Metrics

Berkshire Hills Bancorp Revenue

Berkshire Hills Bancorp's revenue was reported to be $383.09 m in FY, 2020
USD

Revenue (Q2, 2021)

97.4m

Net income (Q2, 2021)

21.6m

Market capitalization (12-Nov-2021)

1.4b

Closing stock price (12-Nov-2021)

27.6

Cash (30-Jun-2021)

98.3m

EV

1.6b
Berkshire Hills Bancorp's current market capitalization is $1.4 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014Y, 2015FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

142.3m197.4m227.0m226.5m268.1m268.1m298.1m420.5m469.2m449.3m383.1m

Revenue growth, %

0%18%11%

Cost of goods sold

33.2m

Gross profit

235.0m
USDQ2, 2011

Financial Leverage

7.2 x
Show all financial metrics

Berkshire Hills Bancorp Operating Metrics

Berkshire Hills Bancorp's Total Loans was reported to be $6.9b in Q2, 2017. Berkshire Hills Bancorp's Assets Under Management was reported to be $1.4b in FY, 2016.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Assets Under Management

$1.4 b$1.5 b$1.4 b

Bank Branches

919397

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

Total Loans

$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
Show all operating metrics

Berkshire Hills Bancorp Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

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Berkshire Hills Bancorp Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Berkshire Hills Bancorp Online and Social Media Presence

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Berkshire Hills Bancorp News and Updates

Berkshire Hills Bancorp Announces Lucia "Lucy" Bellomia Hired As Executive Vice President, Head of Retail Banking

BOSTON, Sept. 13, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, announced the Bank has hired Lucia "Lucy" Bellomia as EVP, Head of Retail Banking. Ms. Bellomia has over 20 years of experience in the financial industry, most recently...

SI FINANCIAL SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces an Investigation of SI Financial Group, Inc. (SIFI) Over the Proposed Merger of the Company with Berkshire Hills Bancorp, Inc.

NEW YORK, Feb. 21, 2019 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating the proposed merger of SI Financial Group, Inc. ("SI Financial" or the "Company") (NASDAQ:SIFI) with Berkshire Hills Bancorp, Inc. Click here for more information:...

Berkshire Hills Bancorp Frequently Asked Questions

  • When was Berkshire Hills Bancorp founded?

    Berkshire Hills Bancorp was founded in 1846.

  • Who are Berkshire Hills Bancorp key executives?

    Berkshire Hills Bancorp's key executives are Sean A. Gray, James M. Moses and Jacqueline Courtwright.

  • How many employees does Berkshire Hills Bancorp have?

    Berkshire Hills Bancorp has 1,873 employees.

  • What is Berkshire Hills Bancorp revenue?

    Latest Berkshire Hills Bancorp annual revenue is $383.1 m.

  • What is Berkshire Hills Bancorp revenue per employee?

    Latest Berkshire Hills Bancorp revenue per employee is $204.5 k.

  • Who are Berkshire Hills Bancorp competitors?

    Competitors of Berkshire Hills Bancorp include MountainOne, United Prairie and Deutsche Bank.

  • Where is Berkshire Hills Bancorp headquarters?

    Berkshire Hills Bancorp headquarters is located at 60 State St, Boston.

  • Where are Berkshire Hills Bancorp offices?

    Berkshire Hills Bancorp has an office in Boston.

  • How many offices does Berkshire Hills Bancorp have?

    Berkshire Hills Bancorp has 1 office.