Berkshire Hills Bancorp Inc (BHLB) Financial Statements
Industry: Savings Institutions, Not Federally Chartered
In fiscal 2025, Berkshire Hills Bancorp reported revenue of $553.0M, up 38.2% from $400.0M the year before. Net income was $90.3M (a 16.3% net margin), or $1.03 per diluted share. Net interest income was $503.1M, and the efficiency ratio (noninterest expense / revenue) was 70.5%. Operating activities generated $224.4M of cash, leaving $212.2M of free cash flow. At fiscal year end, Berkshire Hills Bancorp held $23.22B in total assets against $20.72B in total liabilities, including $2.04B of cash and equivalents.
Open the full interactive Berkshire Hills Bancorp financials → Quarterly statements, key ratios, valuation history and price charts.
Berkshire Hills Bancorp Key Stats
| Share Price | $27.27 |
|---|---|
| Market Cap | $2.29B |
| P/E Ratio | 26.5 |
| Revenue YoY Growth | +38.2% |
| 52-Week Range | $22.12 – $32.61 |
| Shares Outstanding | 83.8 million (basic, 2026 Q2) |
Berkshire Hills Bancorp Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $316.8M | $291.2M | $344.6M | $369.0M | $351.6M | $503.1M |
| Provision for Credit Losses | $76.1M | -$501,000 | $11.0M | $32.0M | $24.0M | $41.4M |
| Noninterest Income | $66.3M | $143.2M | $68.9M | $42.8M | $48.4M | $49.9M |
| Noninterest Expense | $840.2M | $285.9M | $288.7M | $301.5M | $296.5M | $389.7M |
| Revenue | $383.1M | $434.4M | $413.5M | $411.8M | $400.0M | $553.0M |
| Pre-Tax Income | -$533.0M | $149.0M | $113.8M | $78.3M | $79.5M | $121.9M |
| Income Tax | -$11,000 | $30.4M | $21.3M | $8.7M | $18.5M | $31.6M |
| Net Income | -$533.0M | $118.7M | $92.5M | $69.6M | $61.0M | $90.3M |
| Diluted EPS | -$10.60 | $2.39 | $2.02 | $1.60 | $1.43 | $1.03 |
Berkshire Hills Bancorp Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $145.0M | $183.9M | $214.7M | $219.2M |
| Net Income | -$50.2M | $84.4M | $46.2M | $64.4M |
| Diluted EPS | -$0.57 | $0.96 | $0.55 | $0.77 |
Berkshire Hills Bancorp Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | — | — | — | — | — | $2.04B |
| Loans (Net) | — | $6.72B | $8.24B | $8.93B | $9.27B | $17.78B |
| Total Assets | $12.84B | $11.55B | $11.66B | $12.43B | $12.27B | $23.22B |
| Deposits | $10.22B | $10.07B | $10.33B | $10.63B | $10.38B | $19.51B |
| Total Long-Term Debt | $531.6M | $110.8M | $125.5M | $506.6M | $334.6M | $788.4M |
| Total Liabilities | $11.65B | $10.37B | $10.71B | $11.42B | $11.11B | $20.72B |
| Shareholders' Equity | $1.19B | $1.18B | $954.1M | $1.01B | $1.17B | $2.50B |
Berkshire Hills Bancorp Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $227.6M | $105.5M | $123.2M | $157.2M | $125.2M | $224.4M |
| Cash From Investing | $641.1M | $600.6M | -$1.27B | -$284.5M | -$317.2M | $2.30B |
| Cash From Financing | $109.3M | -$636.1M | $207.7M | $645.2M | $117.2M | -$1.03B |
| Free Cash Flow | $220.4M | $103.9M | $121.7M | $155.3M | $120.6M | $212.2M |
Figures from Berkshire Hills Bancorp's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Berkshire Hills Bancorp financials page for every line item.
Berkshire Hills Bancorp Company Profile
| Ticker | BHLB |
|---|---|
| Exchange | NYSE |
| Industry | Savings Institutions, Not Federally Chartered |
| Headquarters | Boston, Massachusetts |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001108134 |
Frequently Asked Questions
What was Berkshire Hills Bancorp's revenue in fiscal 2025?
Berkshire Hills Bancorp (BHLB) reported revenue of $553.0M for fiscal 2025.
What is Berkshire Hills Bancorp's annual revenue history?
Berkshire Hills Bancorp's annual revenue by fiscal year: 2020: $383.1M; 2021: $434.4M; 2022: $413.5M; 2023: $411.8M; 2024: $400.0M; 2025: $553.0M.
What was Berkshire Hills Bancorp's net income in fiscal 2025?
Berkshire Hills Bancorp reported net income of $90.3M for fiscal 2025.
What was Berkshire Hills Bancorp's earnings per share (EPS) in fiscal 2025?
Berkshire Hills Bancorp's diluted EPS was $1.03 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Berkshire Hills Bancorp generate in fiscal 2025?
Berkshire Hills Bancorp generated $212.2M of free cash flow in fiscal 2025.
What was Berkshire Hills Bancorp's revenue last quarter?
In its most recent reported quarter (2026 Q2), Berkshire Hills Bancorp reported revenue of $219.2M.
How much debt does Berkshire Hills Bancorp have?
Berkshire Hills Bancorp reported $788.4M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Berkshire Hills Bancorp are outstanding?
Berkshire Hills Bancorp reported a weighted average of 83.8 million basic shares outstanding in 2026 Q2.
What is Berkshire Hills Bancorp's market cap?
Based on its latest closing price, Berkshire Hills Bancorp (BHLB) has a market capitalization of about $2.29B.
When does Berkshire Hills Bancorp's fiscal year end?
Berkshire Hills Bancorp's fiscal year end, as registered with the SEC, is December 31.
Where is Berkshire Hills Bancorp headquartered?
Berkshire Hills Bancorp lists its business address in Boston, Massachusetts in its SEC filings.
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