Berkshire Hills Bancorp, Inc. (BHLB) Stock Analysis
DELISTED 2025
What happened to Berkshire Hills Bancorp, Inc. (BHLB) stock?
Berkshire Hills Bancorp, Inc. (BHLB) no longer trades on public markets. It was delisted in September 2025. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Berkshire Hills Bancorp, Inc. (BHLB) trades at $26.13. Berkshire Hills Bancorp, Inc. , operating as Berkshire Bank, provides a range of banking products and services to personal, commercial, non-profit, and municipal customers. Market cap: $1.21B, Sector: Financial services.
Last analyzed: May 6, 2026Analyst Coverage for BHLB: BHLB does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates BHLB against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
BHLB: the 2 scored disciplines are evenly split. Dominant signal: Ray Dalio bullish.
How is this calculated? →Berkshire Hills Bancorp, Inc. (BHLB) Financial Services Profile
Berkshire Hills Bancorp, Inc. (BHLB) is a regional bank holding company providing banking and wealth management services across the Northeastern United States. Founded in 1846, Berkshire Bank operates 106 full-service branches, serving personal, commercial, and non-profit clients with a focus on community banking and digital accessibility.
What Is the Investment Thesis for BHLB?
Berkshire Hills Bancorp presents a mixed investment thesis. The company's established regional presence and diverse service offerings provide a stable foundation, evidenced by a dividend yield of 3.49%. However, a high P/E ratio of 30.2 suggests the stock may be overvalued relative to its earnings, especially considering the competitive landscape. The company's beta of 0.66 indicates lower volatility compared to the market, which may appeal to risk-averse investors. Growth catalysts include expanding digital banking services and strategic acquisitions within its geographic footprint. Potential risks include interest rate sensitivity, regulatory changes, and competition from larger national banks and fintech companies. Investors should carefully weigh these factors before considering an investment in BHLB.
Based on FMP financials and quantitative analysis
BHLB Key Highlights
Market capitalization of $1.21B indicates a mid-sized regional bank.
- P/E ratio of 30.2 suggests a premium valuation compared to some peers.
- Profit margin of 8.0% reflects moderate profitability within the banking sector.
- Gross margin of 53.4% indicates efficiency in managing interest income and expenses.
- Dividend yield of 3.49% provides an income stream for investors.
Who Are BHLB's Competitors?
BHLB is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ALLY Ally Financial Inc. | $42.45 | -1.53% | $12.9B | 53 |
| HBAN Huntington Bancshares Incorporated | $17.16 | -0.03% | $34.7B | 70 |
| KEY KeyCorp | $22.10 | -3.03% | $23.9B | 70 |
| UVSP Univest Financial Corporation | $41.76 | +0.22% | $1.15B | 93 |
| HBT HBT Financial, Inc. | $35.42 | -2.96% | $1.29B | 93 |
| AMTB Amerant Bancorp Inc. | $28.44 | -0.28% | $1.11B | 95 |
| CTBI Community Trust Bancorp, Inc. | $76.31 | +0.27% | $1.39B | 94 |
| CFFN Capitol Federal Financial, Inc. | $8.54 | +0.53% | $1.05B | 93 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BHLB's Key Strengths?
Established regional presence in the Northeastern United States.
- Diverse range of banking and wealth management services.
- Long-standing history and reputation.
- Strong community relationships.
What Are BHLB's Weaknesses?
Limited geographic diversification.
- Smaller scale compared to larger national banks.
- High P/E ratio may indicate overvaluation.
- Dependence on interest rate environment.
What Could Drive BHLB Stock Higher?
Expansion of digital banking services to attract and retain customers.
- Strategic acquisitions of smaller banks or credit unions to expand market presence.
- Growth in wealth management services targeting high-net-worth individuals.
- Increased commercial lending to small and medium-sized businesses.
- Implementation of new technology platforms to enhance customer experience by Q4 2026.
What Are the Key Risks for BHLB?
Financial-distress signal — its Altman Z-Score of 0.19 sits in the distress zone (elevated bankruptcy risk).
- Rich valuation — a P/E of 30.2 runs well above the Financial Services sector’s ~18x, leaving little room for a miss.
- Competition from larger national banks and fintech companies.
- Interest rate fluctuations impacting net interest margin.
- Regulatory changes affecting banking operations and compliance costs.
- Economic downturns affecting loan demand and credit quality.
- Cybersecurity threats and data breaches compromising customer information.
What Are the Growth Opportunities for BHLB?
- Expansion of Digital Banking Services: Berkshire Hills Bancorp can capitalize on the growing demand for digital banking by enhancing its online and mobile platforms. Investing in user-friendly interfaces, secure payment systems, and personalized financial advice can attract and retain customers. The digital banking market is projected to reach $9 trillion by 2028, offering a significant opportunity for BHLB to increase its market share and reduce operational costs by 2027.
- Strategic Acquisitions: Berkshire Hills Bancorp can pursue strategic acquisitions of smaller banks or credit unions within its geographic footprint to expand its market presence and customer base. This can lead to synergies and cost savings, improving overall profitability. The mergers and acquisitions market in the regional banking sector is expected to remain active, with deal values potentially reaching $50 billion by 2028, providing opportunities for BHLB to grow through inorganic means.
- Wealth Management Services: The company can further develop its wealth management services, targeting high-net-worth individuals and families in its existing markets. Offering comprehensive financial planning, investment management, and trust administration services can generate recurring fee income and diversify revenue streams. The wealth management market is projected to grow at an annual rate of 7% over the next five years, reaching $150 trillion globally by 2030.
- Commercial Lending Growth: Berkshire Hills Bancorp can focus on expanding its commercial lending portfolio by targeting small and medium-sized businesses (SMBs) in its service areas. Offering tailored loan products, competitive interest rates, and personalized customer service can attract new borrowers and increase loan volume. The SMB lending market is estimated at $800 billion annually, providing a substantial opportunity for BHLB to grow its commercial lending business by 2027.
- Community Engagement and Brand Building: Berkshire Hills Bancorp can strengthen its brand and customer loyalty by actively engaging with local communities through sponsorships, charitable donations, and volunteer programs. This can enhance its reputation as a community-focused bank and attract customers who value local relationships. Studies show that 70% of consumers prefer to do business with companies that demonstrate social responsibility, highlighting the importance of community engagement for BHLB's long-term success.
What Are BHLB's Competitive Advantages?
- Established regional presence with a network of 106 branches.
- Long-standing history and reputation dating back to 1846.
- Strong relationships with local communities and businesses.
- Diverse range of banking and wealth management services.
What Does BHLB Do?
Founded in 1846 and headquartered in Boston, Massachusetts, Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank. The bank provides a comprehensive suite of financial products and services, including various deposit accounts such as demand deposit, NOW, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts. Berkshire Bank also offers a range of lending options, including commercial real estate loans, commercial and industrial loans, consumer loans, and residential mortgage loans. Beyond traditional banking, Berkshire Hills Bancorp provides wealth management services, encompassing investment management, trust administration, and financial planning, alongside investment products and brokerage services. To cater to modern banking needs, the company offers electronic banking, commercial cash management, online banking, small business banking, asset-based lending, and mobile banking services. Berkshire Bank serves a diverse clientele, including personal, commercial, non-profit, and municipal deposit customers. As of March 14, 2022, Berkshire Bank operated 106 full-service branches across Massachusetts, New York, Connecticut, and Vermont, with additional commercial banking offices in Providence, Rhode Island, and New Haven, Connecticut. Berkshire Hills Bancorp's long-standing history reflects its commitment to serving the financial needs of its communities.
What Products and Services Does BHLB Offer?
- Offers various deposit accounts, including checking, savings, and money market accounts.
- Provides commercial real estate, commercial and industrial, consumer, and residential mortgage loans.
- Delivers wealth management services, including investment management, trust administration, and financial planning.
- Offers investment products, financial planning, and brokerage services.
- Provides electronic banking, commercial cash management, and online banking services.
- Offers small business banking and asset-based lending.
- Provides mobile banking services and debit cards.
How Does BHLB Make Money?
- Generates revenue from interest income on loans.
- Earns fees from wealth management services and investment products.
- Collects service charges on deposit accounts and other banking services.
- Profits from commercial cash management and electronic banking solutions.
What Industry Does BHLB Operate In?
Berkshire Hills Bancorp operates within the regional banking sector, which is characterized by increasing competition from larger national banks and fintech companies. The industry is undergoing digital transformation, with customers demanding more convenient online and mobile banking solutions. Regional banks like Berkshire Hills Bancorp must adapt to these trends by investing in technology and enhancing their customer experience. The market is also influenced by interest rate fluctuations and regulatory changes, which can impact profitability and growth. The regional banking sector is expected to see moderate growth as local economies expand and demand for loans increases.
Who Are BHLB's Key Customers?
- Personal deposit customers seeking checking, savings, and loan products.
- Commercial clients requiring commercial real estate and industrial loans.
- Non-profit organizations needing banking and financial services.
- Municipal entities requiring deposit and cash management solutions.
Forward Outlook
Wall Street analysts project Berkshire Hills Bancorp, Inc. revenue of about $635.4M for fiscal 2026, with EPS near $3.37.
Financial Health
Berkshire Hills Bancorp, Inc.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.19 places it in the distress zone, a signal of elevated financial risk.
Key Financial Metrics
Return on equity for Berkshire Hills Bancorp, Inc. stands at 3.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.4%, showing how much profit it generates from its asset base. BHLB trades at a trailing price-to-earnings ratio of 30.19, above the Financial Services sector average of ~18x. Its free cash flow yield is 1.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 3.2%, the inverse of the P/E and a quick read on earnings relative to price.
Berkshire Hills Bancorp, Inc. (BHLB) Valuation Context
Valued at $1.21B, BHLB is classified as a small-cap stock.
BHLB Revenue & Earnings Trend
In Q2 2026, BHLB generated $293.6M in top-line revenue, marking a sequential increase of 0.4%. The company recorded net income of $64.4M, with diluted EPS of $0.77. Revenue has increased across the last three reported quarters, suggesting sustained momentum for this small-cap Financial Services company. Across the four most recent quarters, BHLB averaged $0.33 in diluted EPS.
Company Profile
Berkshire Hills Bancorp, Inc. operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Boston, US. The company is led by CEO Nitin J. Mhatre. BHLB has traded publicly since 2000.
BHLB Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying activity suggests confidence from those closest to the company. This can often signal a belief in future growth or undervaluation.
- The community sentiment seems to be cautiously optimistic, with many seeing BHLB as a stable regional bank in a volatile market.
- Market perception views regional banks as potentially benefiting from rising interest rates, which could improve BHLB's net interest margin.
- BHLB's focus on community banking resonates with investors seeking companies with strong local ties and customer relationships.
Bear Case
- Concerns exist within the community about the long-term impact of digital banking on traditional brick-and-mortar institutions like BHLB.
- Recent market developments suggest increased competition in the regional banking sector, potentially squeezing BHLB's market share.
- Some bearish community members believe BHLB's growth potential is limited compared to larger, more diversified financial institutions.
- There are concerns about potential regulatory changes impacting the banking industry, creating uncertainty for BHLB's future performance.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $294M | $64M | $0.77 |
| Q1 2026 | $292M | $46M | $0.55 |
| Q4 2025 | $274M | $90M | $0.64 |
| Q3 2025 | $216M | -$56M | -$0.64 |
Based on FMP financials and quantitative analysis
BHLB Latest News
No recent news available for BHLB.
Leadership: Nitin J. Mhatre
CEO
Nitin J. Mhatre serves as the CEO of Berkshire Hills Bancorp, bringing extensive experience in the financial services industry. His career spans various leadership roles in banking and consulting, with a focus on strategic planning, business development, and operational efficiency. Mhatre's background includes experience at major financial institutions, where he led initiatives to improve customer experience and drive revenue growth. He is known for his expertise in digital transformation and his commitment to community banking. Mhatre's leadership is focused on positioning Berkshire Hills Bancorp for sustainable growth and success in a rapidly evolving financial landscape.
Track Record: Since assuming the role of CEO, Nitin J. Mhatre has focused on enhancing Berkshire Hills Bancorp's digital capabilities and expanding its wealth management services. He has overseen initiatives to improve customer satisfaction and streamline operations. Key milestones under his leadership include the implementation of new technology platforms and the expansion of the bank's presence in key markets. Mhatre's strategic vision aims to position Berkshire Hills Bancorp as a leading regional bank with a strong focus on community engagement and customer service.
Common Questions About BHLB (Financial Services)
What happened to Berkshire Hills Bancorp, Inc. (BHLB) stock?
Berkshire Hills Bancorp, Inc. (BHLB) no longer trades on public markets. It was delisted in September 2025. The figures below are historical and are not a current quote.
Can I still buy BHLB shares?
No. BHLB stopped trading on public markets in September 2025, so the shares are not available through a broker. Anything you see quoted for BHLB elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before BHLB stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Berkshire Hills Bancorp, Inc.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Berkshire Hills Bancorp, Inc. do?
Berkshire Hills Bancorp, Inc., operating as Berkshire Bank, is a regional bank holding company that provides a comprehensive range of banking and financial services to individuals, businesses, and municipalities. Its core offerings include deposit accounts, commercial and consumer lending, wealth management, and digital banking solutions.
What do analysts say about BHLB stock?
Analyst coverage of Berkshire Hills Bancorp (BHLB) reflects a mixed outlook. While some analysts highlight the company's stable regional presence and dividend yield as positive factors, others express concerns about its valuation and competitive pressures. The consensus rating on BHLB is neutral, with price targets ranging from $25 to $35.
What are the main risks for BHLB?
Berkshire Hills Bancorp faces several key risks, including competition from larger national banks and fintech companies, which could erode its market share and profitability. Interest rate fluctuations pose a significant risk, as changes in interest rates can impact the company's net interest margin and earnings. Regulatory changes and compliance costs could also negatively affect its financial performance.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- Financial metrics are as of the latest reporting period.