BHLB · Berkshire Hills Bancorp Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | $113.67M | $110.44M | - | $125.61M | $108.67M | $55.54M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $65.95M | - | ($71.87M) | $41.53M | $34.58M | - | $48.15M | $31.23M | ($26.48M) | - |
| Interest Expense | - | - | - | - | - | - | - | $65.58M | $63.87M | - |
| Income Tax | $19.74M | - | ($21.63M) | $11.16M | $8.86M | - | $10.64M | $7.21M | ($6.29M) | - |
| Net Income | $46.22M | - | ($50.24M) | $30.37M | $25.72M | - | $37.51M | $24.02M | ($20.19M) | - |
| EPS - Basic | $0.55 | - | ($0.57) | $0.66 | $0.56 | - | $0.89 | $0.57 | ($0.47) | - |
| EPS - Diluted | $0.55 | - | ($0.57) | $0.66 | $0.56 | - | $0.88 | $0.57 | ($0.47) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.11B | $2.04B | $543.67M | $802.73M | $826.34M | $1.13B | $569.97M | $1.10B | $1.19B | $1.20B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $22.23B | $23.22B | $22.82B | $12.03B | $12.01B | $12.27B | $11.60B | $12.22B | $12.15B | $12.43B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $1.07B | $788.36M | $1.08B | $225.60M | $284.60M | $334.59M | $353.59M | $278.59M | $248.59M | $246.59M |
| Total Liabilities | $19.72B | $20.72B | $20.41B | $10.81B | $10.82B | $11.11B | $10.53B | $11.21B | $11.14B | $11.42B |
| Stockholders' Equity | $2.50B | $2.50B | $2.41B | $1.22B | $1.20B | $1.17B | $1.07B | $1.01B | $1.01B | $1.01B |
| Retained Earnings | $504.98M | $485.86M | - | $36.29M | $14.28M | ($3.08M) | ($14.98M) | ($44.87M) | ($61.15M) | ($33.14M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($13.85M) | - | - | - | $23.26M | - | - | - | $6.86M | - |
| Investing Cash Flow | $51.71M | - | - | - | ($47.14M) | - | - | - | $291.88M | - |
| Financing Cash Flow | ($966.66M) | - | - | - | ($278.19M) | - | - | - | ($308.29M) | - |
| CapEx | - | - | - | - | $3.38M | - | - | - | $235.0K | - |
| Free Cash Flow | - | - | - | - | $19.88M | - | - | - | $6.63M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | 36.5% | 31.3% | - | 38.3% | 28.7% | -47.7% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | 26.7% | 23.3% | - | 29.9% | 22.1% | -36.3% | - |
| Free cash flow margin | - | - | - | - | 18.0% | - | - | - | 11.9% | - |
| FCF / Net income | - | - | - | - | 0.77 | - | - | - | -0.33 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 29.9% | - | - | 26.9% | 25.6% | - | 22.1% | 23.1% | - | - |
| Return on assets | 0.2% | - | -0.2% | 0.3% | 0.2% | - | 0.3% | 0.2% | -0.2% | - |
| Return on equity | 1.8% | - | -2.1% | 2.5% | 2.1% | - | 3.5% | 2.4% | -2.0% | - |
| Return on invested capital | 1.3% | - | -1.6% | 2.1% | 1.7% | - | 2.6% | 1.9% | -1.7% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.43 | 0.32 | 0.45 | 0.18 | 0.24 | 0.29 | 0.33 | 0.28 | 0.25 | 0.24 |
| Debt / Assets | 0.05 | 0.03 | 0.05 | 0.02 | 0.02 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | 0.5x | -0.4x | - |
| Equity multiplier | 8.87 | 9.30 | 9.45 | 9.85 | 10.04 | 10.51 | 10.84 | 12.06 | 12.03 | 12.28 |
| Liabilities / Assets | 0.89 | 0.89 | 0.89 | 0.90 | 0.90 | 0.90 | 0.91 | 0.92 | 0.92 | 0.92 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | 0.01 | 0.01 | - | 0.01 | 0.01 | 0.00 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | 4.6% | 98.8% | - | 16.5% | -1.1% | -51.3% | - |
| Revenue CAGR (3y) | - | - | - | 5.2% | 7.2% | - | -4.7% | 3.7% | -18.1% | - |
| Revenue CAGR (5y) | - | - | - | 3.7% | 3.7% | - | 1.2% | -0.1% | -12.3% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 90.7% | - | - | 33.0% | - | - | 106.8% | 12.3% | - | - |
| Net income growth (YoY) | 79.7% | - | - | 26.4% | - | - | 91.9% | 0.7% | - | - |
| EPS growth (YoY) | -1.8% | - | - | 15.8% | - | - | 95.6% | 3.6% | - | - |
| EPS CAGR (3y) | -4.4% | - | - | 9.7% | 10.1% | - | -12.4% | 9.9% | - | - |
| EPS CAGR (5y) | 16.2% | - | - | - | - | - | 14.9% | 1.9% | - | - |
| FCF growth (YoY) | - | - | - | - | 200.0% | - | - | - | -81.9% | - |
| FCF CAGR (5y) | - | - | - | - | -8.9% | - | - | - | - | - |
| Book value growth (YoY) | 109.3% | 113.8% | 125.6% | 20.7% | 18.5% | 15.3% | 12.6% | 4.1% | 1.5% | 6.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$29.95M totalDeposit Account$15.24M · 50.9%
Wealth Management Fees$9.75M · 32.6%
Interchange Income$4.96M · 16.6%
Peer comparison
Same SIC group: Savings Institutions, Not Federally Chartered
Comparing BERKSHIRE HILLS BANCORP INC against the 5 most active filers in the same SIC group.