Berkshire Hills Bancorp

Q4 2025 +2.56%Q3 2025 -0.41%Q2 2025 -1.83%Q1 2025 +3.21%Q4 2024 +1.96%Q3 2024 -1.86%Q2 2024 +1.41%Q1 2024 +5.75%Q4 2023 +0.70%Q3 2023 -5.24%Q2 2023 -8.79%Q1 2023 -5.99%Q4 2022 +7.58%Q3 2022 -1.22%Q2 2022 +6.62%Q1 2022 -5.98%Q4 2021 -0.51%Q3 2021 +3.39%Q2 2021 +0.33%Q1 2021 +3.92%Q4 2020 -6.54%Q3 2020 +11.11%Q2 2020 -7.84%Q1 2020 -19.48%Q4 2019 -3.43%Q3 2019 +2.57%Q2 2019 +5.21%Q1 2019 +0.33%Q4 2018 -5.12%Q3 2018 -6.57%Q2 2018 +0.74%Q1 2018 -0.13%Q4 2017 -1.17%Q3 2017 +1.67%Q2 2017 +1.54%Q1 2017 +6.15%Q4 2016 -1.94%Q3 2016 +3.90%Q2 2016 -5.28%Q1 2016 -1.85%Q4 2015 +0.83%Q3 2015 +2.69%Q2 2015 +0.73%Q1 2015 +0.93%Q4 2014 -0.52%Q3 2014 +4.87%Q2 2014 +5.25%Q1 2014 -2.69%Q4 2013 -2.43%Q3 2013 +1.87%Q2 2013 -2.13%Q1 2013 +0.82%Q4 2012 -0.37%Q3 2012 +0.86%Q2 2012 +0.23%Q4 2011 +0.23%Q1 2011 -1.55%Q1 2012 +1.88%Q4 2010 +2.35%Q3 2011 -2.81%Q2 2010 +1.27%Q2 2011 +1.27%Q3 2010 +1.53%Q1 2010 +6.91%

Oct 24, 2024

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Sep 30, 2024

Berkshire Hills Bancorp Q3 2024 Earnings Report

Berkshire Hills Bancorp reported higher net income and operating EPS increased.

Key Takeaways

Berkshire Hills Bancorp reported a robust quarter with increased operating income driven by loan growth, improving credit quality and expense management. The company completed the sale of ten branch offices and saw growth in average deposit balances.

GAAP income was $37.5 million, or $0.88 per share.

Operating earnings totaled $24.8 million, or $0.58 per share.

Total loans decreased $16 million linked quarter to $9.21 billion.

Total deposits decreased $44 million to $9.58 billion.

Total Revenue

$88.1M

Previous year: $90.3M

Previous year: $43.7M

+6.3%

Total Assets

$11.6B

Previous year: $12.1B

-4.1%