Earnings Summary

Berkshire Hills Bancorp Inc’s revenue jumped 12.43% since last year same period to $109.85Mn in the Q2 2023. On a quarterly growth basis, Berkshire Hills Bancorp Inc has generated -3.76% fall in its revenue since last 3-months.

Berkshire Hills Bancorp Inc’s net profit jumped 3.23% since last year same period to $23.86Mn in the Q2 2023. On a quarterly growth basis, Berkshire Hills Bancorp Inc has generated -13.66% fall in its net profits since last 3-months.

Berkshire Hills Bancorp Inc’s net profit margin fell -8.18% since last year same period to 21.72% in the Q2 2023. On a quarterly growth basis, Berkshire Hills Bancorp Inc has generated -10.29% fall in its net profit margins since last 3-months.

Berkshire Hills Bancorp Inc’s earning per share (EPS) estimates for the current quarter stand at 0.63 - a 8.62% jump from last quarter’s estimates.

Berkshire Hills Bancorp Inc’s earning per share (EPS) estimates for the current year stand at 0.63.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Berkshire Hills Bancorp Inc’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Berkshire Hills Bancorp Inc’s return on equity (ROE) stands at 0.1.

Berkshire Hills Bancorp Inc declared 0.18 dividend per share during the earnings announcement for Q1 2023.