Berkshire Hills Bancorp, Inc. (BHLB) - Quarterly Income Statement

Home
BHLB
Financials

27.04 (USD) • At close July 3, 2025

Overview | Financials

Numbers are in millions (except for per share data and ratios) USD.

	2025 Q1	2024 Q4	2024 Q3	2024 Q2	2024 Q1	2023 Q4	2023 Q3	2023 Q2	2023 Q1	2022 Q4	2022 Q3	2022 Q2	2022 Q1	2021 Q4	2021 Q3	2021 Q2	2021 Q1	2020 Q4	2020 Q3	2020 Q2	2020 Q1	2019 Q4	2019 Q3	2019 Q2	2019 Q1	2018 Q4	2018 Q3	2018 Q2	2018 Q1	2017 Q4	2017 Q3	2017 Q2	2017 Q1	2016 Q4	2016 Q3	2016 Q2	2016 Q1	2015 Q4	2015 Q3	2015 Q2	2015 Q1	2014 Q4	2014 Q3	2014 Q2	2014 Q1	2013 Q4	2013 Q3	2013 Q2	2013 Q1	2012 Q4	2012 Q3	2012 Q2	2012 Q1	2011 Q4	2011 Q3	2011 Q2	2011 Q1	2010 Q4	2010 Q3	2010 Q2	2010 Q1	2009 Q4	2009 Q3	2009 Q2	2009 Q1	2008 Q4	2008 Q3	2008 Q2	2008 Q1	2007 Q4	2007 Q3	2007 Q2	2007 Q1	2006 Q4	2006 Q3	2006 Q2	2006 Q1	2005 Q4	2005 Q3	2005 Q2	2005 Q1	2004 Q4	2004 Q3	2004 Q2	2004 Q1	2003 Q4	2003 Q3	2003 Q2	2003 Q1	2002 Q4	2002 Q3	2002 Q2	2002 Q1	2001 Q4	2001 Q3	2001 Q2	2001 Q1	2000 Q4	2000 Q3	2000 Q2	2000 Q1
Revenue Numbers are in millions	169.054	173.687	178.775	174.242	119.407	142.154	165.486	162.519	148.922	137.038	119.922	103.73	95.504	96.212	101.438	107.375	114.346	114.218	117.731	121.069	121.831	147.452	155.131	146.75	142.831	148.919	137.603	135.128	124.557	135.121	117.6	117.464	115.466	88.637	88.889	83.573	84.106	80.672	78.15	77.183	65.313	68.216	66.697	65.681	54.218	64.373	66.618	65.303	65.679	69.141	57.436	54.944	48.474	47.853	49.94	40.223	36.047	36.152	35.026	35.574	35.98	33.023	35.72	37.17	38.552	39.139	40.327	41.345	43.995	44.097	35.075	38.887	39.707	37.212	29.604	32.122	31.161	30.81	29.794	23.264	18.781	18.005	17.272	16.702	16.862	16.904	15.77	16.035	17.462	18.877	19.711	19.654	19.304	20.512	22.702	20.711	20.246	20.745	19.987	18.108	0
Cost of Revenue Numbers are in millions	64.059	69.7	74.709	72.076	69.866	69.116	65.687	60.666	43.782	31.292	14.587	6.021	1.76	3.548	4.32	9.971	19.56	26.422	21.913	55.969	64.574	39.459	59.454	41.11	39.651	41.163	35.812	31.724	26.964	25.598	21.962	20.01	18.918	17.376	17.274	16.099	14.785	14.107	12.721	11.97	11.109	11.267	10.792	10.835	10.425	11.917	11.813	11.293	11.344	12.363	10.398	9.853	9.527	10.156	10.428	9.352	9.367	10.274	10.779	11.292	11.511	49.105	15.595	14.241	14.669	14.692	15.013	15.292	17.054	20.691	17.542	17.056	17.03	16.595	21.97	14.354	12.752	11.79	10.989	8.14	6.503	6.034	5.669	5.41	5.176	4.441	5.124	5.491	5.146	7.852	6.942	7.218	7.596	11.783	9.408	9.591	9.953	9.975	9.449	9.06	0
Gross Profit Numbers are in millions	104.943	103.987	104.066	102.022	49.541	73.038	99.799	101.853	105.14	105.746	105.335	97.709	93.744	92.664	97.118	97.404	94.786	87.796	95.818	65.1	57.257	107.993	95.677	105.64	103.18	107.756	101.791	103.404	97.593	109.523	95.638	97.454	96.548	71.261	71.615	67.474	69.321	66.565	65.429	65.213	54.204	56.949	55.905	54.846	43.793	52.456	54.805	54.01	54.335	56.778	47.038	45.091	38.947	37.697	39.512	30.871	26.68	25.878	24.247	24.282	24.469	-16.082	20.125	22.929	23.883	24.447	25.314	26.053	26.941	23.406	17.533	21.831	22.677	20.617	7.634	17.768	18.409	19.02	18.805	15.124	12.278	11.971	11.603	11.292	11.686	12.463	10.646	10.544	12.316	11.025	12.769	12.436	11.708	8.729	13.294	11.12	10.293	10.77	10.538	9.048	0
Gross Profit Ratio Numbers are in millions	0.621	0.599	0.582	0.586	0.415	0.514	0.603	0.627	0.706	0.772	0.878	0.942	0.982	0.963	0.957	0.907	0.829	0.769	0.814	0.538	0.47	0.732	0.617	0.72	0.722	0.724	0.74	0.765	0.784	0.811	0.813	0.83	0.836	0.804	0.806	0.807	0.824	0.825	0.837	0.845	0.83	0.835	0.838	0.835	0.808	0.815	0.823	0.827	0.827	0.821	0.819	0.821	0.803	0.788	0.791	0.767	0.74	0.716	0.692	0.683	0.68	-0.487	0.563	0.617	0.62	0.625	0.628	0.63	0.612	0.531	0.5	0.561	0.571	0.554	0.258	0.553	0.591	0.617	0.631	0.65	0.654	0.665	0.672	0.676	0.693	0.737	0.675	0.658	0.705	0.584	0.648	0.633	0.607	0.426	0.586	0.537	0.508	0.519	0.527	0.5	0
Reseach & Development Expenses Numbers are in millions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
General & Administrative Expenses Numbers are in millions	40.635	46.324	40.663	41.974	40.735	41.949	40.155	41.794	39.071	13.095	39.898	38.488	38.508	47.322	46.27	46.111	48.448	45.925	44.867	48.816	46.472	42.528	44.121	43.245	41.396	49.894	40.893	41.963	41.526	50.426	45.938	45.468	43.504	34.835	32.229	30.681	31.804	31.592	31.039	29.736	26.533	25.75	25.312	25.108	24.646	20.804	22.666	22.521	21.56	22.73	19.201	18.766	16.228	13.5	16.114	14.299	14.098	6.859	13.741	13.749	13.726	10.269	13.945	14.469	13.107	8.988	9.796	9.842	11.571	9.386	7.891	8.23	8.511	7.296	6.001	5.758	5.653	5.757	5.699	4.485	4.335	4.195	4.195	3.89	4.603	4.839	3.877	4.712	5.286	12.227	5.411	5.322	5.528	4.925	5.063	3.98	3.622	3.25	3.583	3.363	0
Selling & Marketing Expenses Numbers are in millions	1.267	2.013	0.861	0.532	1.116	1.107	1.552	1.51	1.208	1.23	1.29	1.472	1.111	0.776	0.86	0.518	0.595	0.634	1.002	0.902	1.165	1.046	1.006	1.155	1.267	1.515	1.167	1.084	1.222	4.573	2.128	3.177	1.999	1.08	0.671	0.737	0.673	1.012	0.781	0.8	0.713	0.771	0.659	0.621	0.521	0.765	0.59	0.603	0.638	0.483	0.419	0.778	0.351	1.565	0.498	0.341	1.213	0	1.253	1.116	1.297	3.777	2.574	2.233	0	0	2.121	2.127	0	0	2.26	2.116	0	0	0.403	0.35	0.243	0	0.372	0.2	0.161	0.357	0.207	0.27	0.157	0.299	0.137	0.139	0.103	0.259	0.177	0.124	0.088	0.22	0.12	0.143	0.146	0.247	0.132	0.12	0
SG&A Numbers are in millions	41.902	48.337	41.524	42.506	41.851	43.056	41.707	43.304	40.279	14.325	41.188	39.96	39.619	48.098	47.13	46.629	49.043	46.559	45.869	49.718	47.637	43.574	45.127	44.4	42.663	51.409	42.06	43.047	42.748	54.999	48.066	48.645	45.503	35.915	32.9	31.418	32.477	32.604	31.82	30.536	27.246	26.521	25.971	25.729	25.167	21.569	23.256	23.124	22.198	23.213	19.62	19.544	16.579	15.065	16.612	14.64	15.311	12.045	14.994	14.865	15.023	14.046	13.945	14.469	13.107	2.565	11.917	11.969	11.571	3.063	10.151	10.346	8.511	6.3	6.404	6.108	5.653	5.025	6.071	4.685	4.496	4.552	4.402	4.16	4.76	5.138	4.014	4.851	5.389	12.486	5.588	5.446	5.616	5.145	5.183	4.123	3.768	3.497	3.715	3.483	0
Other Expenses Numbers are in millions	28.464	29.045	14.388	28.425	34.169	35.936	34.806	30.744	31.676	55.689	40.489	28.515	28.931	20.252	-29.555	22.243	29.111	23.997	26.974	574.557	23.688	25.362	25.884	32.168	29.328	38.779	17.567	18.501	22.137	35.042	17.458	20.878	28.823	24.653	15.381	14.85	14.623	15.674	17.558	23.489	17.902	15.156	13.716	13.534	20.193	15.588	19.528	14.811	17.285	21.053	12.542	14.64	13.615	14.465	18.098	13.983	7.878	9.37	5.1	5.163	5.169	7.15	4.999	5.509	5.346	14.691	5.82	6.663	6.503	16.509	7.382	4.757	6.898	8.352	4.949	5.53	5.572	6.776	5.529	13.376	3.04	2.748	2.779	2.773	2.802	3.635	2.859	2.731	3.262	5.383	3.856	3.822	3.61	1.027	4.246	3.251	3.433	3.56	3.027	8.471	1.557
Operating Expenses Numbers are in millions	70.366	77.382	55.912	70.931	76.02	78.992	76.513	74.048	71.955	70.014	81.677	68.475	68.55	68.35	17.575	68.872	78.154	70.556	72.843	624.275	71.325	68.936	71.011	76.568	71.991	90.188	59.627	61.548	64.885	90.041	65.524	69.523	74.326	60.568	48.281	46.268	47.1	48.278	49.378	54.025	45.148	41.677	39.687	39.263	45.36	37.157	42.784	37.935	39.483	44.266	32.162	34.184	30.194	29.53	34.71	28.623	23.189	21.415	20.094	20.028	20.192	21.196	18.944	19.978	18.453	17.256	17.737	18.632	18.074	19.572	17.533	15.103	15.409	14.652	11.353	11.638	11.225	11.801	11.6	18.061	7.536	7.3	7.181	6.933	7.562	8.773	6.873	7.582	8.651	17.869	9.444	9.268	9.226	6.172	9.429	7.374	7.201	7.057	6.742	11.954	1.557
Operating Income Numbers are in millions	34.577	26.605	48.154	31.235	-26.479	-5.954	23.286	27.805	33.185	35.732	23.658	29.234	25.194	24.314	79.543	28.532	16.632	17.24	22.975	-559.175	-14.068	39.057	24.666	29.072	31.189	17.568	42.164	41.856	32.708	19.482	30.114	27.931	22.222	10.693	23.334	21.206	22.221	18.287	16.051	11.188	9.056	15.272	16.218	15.583	-1.567	15.299	12.021	16.075	14.852	12.512	14.876	10.907	8.753	8.167	4.802	2.248	3.491	4.463	4.153	4.254	4.277	-37.278	1.181	2.951	5.43	7.191	7.577	7.421	8.867	3.834	0.944	6.728	7.268	5.965	-3.719	6.13	7.184	7.219	7.205	-2.937	4.742	4.671	4.422	4.359	4.124	3.69	3.773	2.962	3.665	-6.844	3.325	3.168	2.482	2.557	3.865	3.746	3.092	3.713	3.796	-2.906	1.557
Operating Income Ratio Numbers are in millions	0.205	0.153	0.269	0.179	-0.222	-0.042	0.141	0.171	0.223	0.261	0.197	0.282	0.264	0.253	0.784	0.266	0.145	0.151	0.195	-4.619	-0.115	0.265	0.159	0.198	0.218	0.118	0.306	0.31	0.263	0.144	0.256	0.238	0.192	0.121	0.263	0.254	0.264	0.227	0.205	0.145	0.139	0.224	0.243	0.237	-0.029	0.238	0.18	0.246	0.226	0.181	0.259	0.199	0.181	0.171	0.096	0.056	0.097	0.123	0.119	0.12	0.119	-1.129	0.033	0.079	0.141	0.184	0.188	0.179	0.202	0.087	0.027	0.173	0.183	0.16	-0.126	0.191	0.231	0.234	0.242	-0.126	0.252	0.259	0.256	0.261	0.245	0.218	0.239	0.185	0.21	-0.363	0.169	0.161	0.129	0.125	0.17	0.181	0.153	0.179	0.19	-0.16	0
Total Other Income Expenses Net Numbers are in millions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Income Before Tax Numbers are in millions	34.577	26.605	48.154	31.235	-26.479	-5.954	23.286	27.805	33.185	35.732	23.658	29.234	25.194	24.314	79.543	28.532	16.632	17.24	22.975	-559.175	-14.068	39.057	24.666	29.072	31.189	17.568	42.164	41.856	32.546	19.482	30.114	27.931	22.222	10.693	23.334	21.206	22.221	18.287	16.051	11.188	9.056	15.272	16.218	15.583	-1.567	15.299	12.021	16.075	14.852	12.512	14.876	10.907	8.753	8.167	4.802	2.248	3.491	4.463	4.153	4.254	4.277	-37.278	1.181	2.951	5.43	7.191	7.577	7.421	8.867	3.834	0.944	6.728	7.268	5.965	-3.719	6.13	7.184	7.219	7.205	-2.937	4.742	4.671	4.422	4.359	4.124	3.69	3.773	2.962	3.665	-6.844	3.325	3.168	2.482	2.557	3.865	3.746	3.092	3.713	3.796	-2.906	0
Income Before Tax Ratio Numbers are in millions	0.205	0.153	0.269	0.179	-0.222	-0.042	0.141	0.171	0.223	0.261	0.197	0.282	0.264	0.253	0.784	0.266	0.145	0.151	0.195	-4.619	-0.115	0.265	0.159	0.198	0.218	0.118	0.306	0.31	0.261	0.144	0.256	0.238	0.192	0.121	0.263	0.254	0.264	0.227	0.205	0.145	0.139	0.224	0.243	0.237	-0.029	0.238	0.18	0.246	0.226	0.181	0.259	0.199	0.181	0.171	0.096	0.056	0.097	0.123	0.119	0.12	0.119	-1.129	0.033	0.079	0.141	0.184	0.188	0.179	0.202	0.087	0.027	0.173	0.183	0.16	-0.126	0.191	0.231	0.234	0.242	-0.126	0.252	0.259	0.256	0.261	0.245	0.218	0.239	0.185	0.21	-0.363	0.169	0.161	0.129	0.125	0.17	0.181	0.153	0.179	0.19	-0.16	0
Income Tax Expense Numbers are in millions	8.858	6.948	10.645	7.21	-6.291	-4.509	3.741	3.944	5.548	5.227	4.941	6.119	4.998	4.066	15.794	6.896	3.601	-1.659	-0.068	-16.13	-1.996	6.421	4.007	5.118	6.917	3.309	9.095	8.145	7.298	22.292	7.211	8.237	6.762	0.362	6.953	5.249	6.22	2.273	1.35	1.144	0.297	3.875	4.23	4.119	-0.461	4.762	3.917	4.038	4.387	3.183	4.847	2.921	2.272	0.609	0.405	0.371	0.656	0.893	0.699	0.816	0.941	-13.075	-0.741	0.62	1.547	1.985	2.301	1.708	2.818	0.761	0	2.152	2.326	1.88	-1.466	1.888	2.366	2.382	2.459	1.671	1.49	1.495	1.415	1.402	1.325	1.099	1.358	0.786	1.843	-2.555	1.081	1.03	0.806	0.838	1.258	1.239	1.014	1.256	1.297	-0.975	-1.557
Net Income Numbers are in millions	25.719	19.657	37.509	24.025	-20.188	-1.445	19.545	23.861	27.637	30.505	18.717	23.115	20.196	20.248	63.749	21.636	13.031	15.009	21.225	-549.381	-19.87	25.751	22.616	25.448	23.635	14.259	32.227	34.031	25.248	-2.81	22.903	19.694	15.46	10.331	16.381	15.957	16.001	16.014	14.701	10.044	8.759	11.397	11.988	11.464	-1.106	10.537	8.104	12.037	10.465	9.329	10.029	7.986	5.844	8.477	4.392	1.877	2.835	3.57	3.454	3.438	3.336	-24.203	1.922	2.331	3.883	5.206	5.276	5.713	6.049	3.073	0.944	4.576	4.942	4.102	-2.12	4.463	4.818	4.837	4.746	-4.608	3.252	3.176	3.007	2.702	2.623	2.591	2.414	2.138	1.822	-4.289	2.244	2.138	1.676	1.719	2.607	2.507	2.078	2.457	2.499	-1.931	1.557
Net Income Ratio Numbers are in millions	0.152	0.113	0.21	0.138	-0.169	-0.01	0.118	0.147	0.186	0.223	0.156	0.223	0.211	0.21	0.628	0.201	0.114	0.131	0.18	-4.538	-0.163	0.175	0.146	0.173	0.165	0.096	0.234	0.252	0.203	-0.021	0.195	0.168	0.134	0.117	0.184	0.191	0.19	0.199	0.188	0.13	0.134	0.167	0.18	0.175	-0.02	0.164	0.122	0.184	0.159	0.135	0.175	0.145	0.121	0.177	0.088	0.047	0.079	0.099	0.099	0.097	0.093	-0.733	0.054	0.063	0.101	0.133	0.131	0.138	0.137	0.07	0.027	0.118	0.124	0.11	-0.072	0.139	0.155	0.157	0.159	-0.198	0.173	0.176	0.174	0.162	0.156	0.153	0.153	0.133	0.104	-0.227	0.114	0.109	0.087	0.084	0.115	0.121	0.103	0.118	0.125	-0.107	0
EPS Numbers are in millions	0.56	0.46	0.89	0.57	-0.47	-0.03	0.45	0.55	0.63	0.69	0.42	0.5	0.42	0.42	1.32	0.43	0.26	0.3	0.42	-10.93	-0.4	0.51	0.44	0.52	0.51	0.31	0.7	0.74	0.55	-0.06	0.57	0.53	0.44	0.32	0.53	0.52	0.52	0.53	0.49	0.35	0.35	0.46	0.48	0.46	-0.04	0.43	0.33	0.49	0.42	0.39	0.46	0.37	0.28	0.4	0.22	0.11	0.2	0.26	0.25	0.25	0.24	-1.75	0.14	-0.08	0.27	0.43	0.51	0.55	0.58	0.3	0.11	0.52	0.57	0.47	-0.25	0.52	0.57	0.57	0.56	-0.74	0.61	0.6	0.57	0.51	0.5	0.49	0.46	0.4	0.34	-0.8	0.42	0.39	0.3	0.31	0.42	0.39	0.31	0.37	0.35	-0.25	0.2
EPS Diluted Numbers are in millions	0.56	0.46	0.88	0.57	-0.47	-0.03	0.45	0.55	0.63	0.69	0.42	0.5	0.42	0.42	1.31	0.43	0.26	0.3	0.42	-10.93	-0.4	0.51	0.44	0.52	0.51	0.31	0.7	0.74	0.55	-0.06	0.57	0.53	0.44	0.32	0.53	0.52	0.52	0.52	0.49	0.35	0.35	0.46	0.48	0.46	-0.04	0.42	0.33	0.48	0.42	0.38	0.46	0.37	0.28	0.4	0.22	0.11	0.2	0.26	0.25	0.25	0.24	-1.75	0.14	-0.08	0.27	0.43	0.51	0.55	0.58	0.29	0.1	0.52	0.56	0.46	-0.25	0.51	0.55	0.55	0.54	-0.74	0.57	0.56	0.53	0.47	0.46	0.45	0.43	0.38	0.32	-0.75	0.38	0.36	0.28	0.29	0.4	0.37	0.3	0.35	0.35	-0.25	0.2
EBITDA Numbers are in millions	37.031	29.298	50.963	34.174	-23.335	-2.708	26.568	31.214	36.613	39.328	27.293	32.948	28.959	28.231	83.609	32.626	20.79	21.728	27.541	-554.389	-9.808	43.716	29.084	33.315	34.573	21.518	46.162	45.638	36.37	23.133	33.34	31.195	25.49	13.432	26.072	24.075	25.195	21.279	19.099	14.308	12.053	18.433	19.544	18.95	1.683	18.276	15.1	19.305	17.954	20.464	18.022	13.744	11.505	10.997	4.935	3.967	5.114	6.165	5.905	5.958	5.957	-35.487	2.931	4.748	7.228	8.984	9.428	9.397	10.913	6.862	1.921	8.2	8.629	14.116	-5.91	8.463	7.681	8.773	8.959	-2.171	5.425	5.65	5.275	5.166	4.952	4.541	4.753	3.582	4.791	-5.587	4.35	4.117	3.422	3.718	4.69	4.335	3.695	4.284	4.346	-2.906	1.557
EBITDA Ratio Numbers are in millions	0.219	0.169	0.285	0.196	-0.195	-0.019	0.161	0.192	0.246	0.287	0.228	0.318	0.303	0.293	0.824	0.304	0.182	0.19	0.234	-4.579	-0.081	0.296	0.187	0.227	0.242	0.144	0.335	0.338	0.292	0.171	0.284	0.266	0.221	0.152	0.293	0.288	0.3	0.264	0.244	0.185	0.185	0.27	0.293	0.289	0.031	0.284	0.227	0.296	0.273	0.296	0.314	0.25	0.237	0.23	0.099	0.099	0.142	0.171	0.169	0.167	0.166	-1.075	0.082	0.128	0.187	0.23	0.234	0.227	0.248	0.156	0.055	0.211	0.217	0.379	-0.2	0.263	0.246	0.285	0.301	-0.093	0.289	0.314	0.305	0.309	0.294	0.269	0.301	0.223	0.274	-0.296	0.221	0.209	0.177	0.181	0.207	0.209	0.183	0.207	0.217	-0.16	0

Berkshire Hills Bancorp, Inc.

NYSE:BHLB Add to watchlist

NYSE:BHLB