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Berkshire Hills Bancorp, Inc is currently in a long term uptrend where the price is trading 33.1% above its 200 day moving average.
From a valuation standpoint, the stock is 68.0% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.9.
Berkshire Hills Bancorp, Inc's total revenue sank by 13.7% to $98M since the same quarter in the previous year.
Its net income has dropped by 41.7% to $15M since the same quarter in the previous year.
Finally, its free cash flow fell by 69.9% to $32M since the same quarter in the previous year.
Based on the above factors, Berkshire Hills Bancorp, Inc gets an overall score of 2/5.
ISIN | US0846801076 |
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Industry | Banks-Regional |
Sector | Financial Services |
CurrencyCode | USD |
Exchange | NYSE |
Dividend Yield | 3.1% |
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Market Cap | 1B |
Beta | 1.01 |
Target Price | 27 |
PE Ratio | 11.6 |
Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides various banking products and services. It offers various deposit accounts, including demand deposit, interest-bearing checking, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts; and loans, such as commercial real estate, commercial and industrial, consumer, and residential mortgage loans. The company also provides wealth management services comprising investment management, trust administration, tax return preparation, and financial planning; and investment products and brokerage services. In addition, it offers electronic banking, commercial cash management, online banking, small business banking, asset based lending, and mobile banking services; and debit cards and other electronic fee producing payment services to transaction account customers. The company serves personal, commercial, non-profit, and municipal deposit customers. It also has financial centers in Massachusetts, New York, Connecticut, Rhode Island, and Vermont. The company was founded in 1846 and is headquartered in Boston, Massachusetts.
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