What is Berkshire Hills Bancorp Inc's earnings per share (EPS)?

Berkshire Hills Bancorp Inc (BHLB) reported diluted earnings per share of $1.03 for fiscal year 2025. This represents a 33.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Berkshire Hills Bancorp Inc Financials

BHLB

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Berkshire Hills Bancorp Inc (BHLB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 54/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Berkshire Hills Bancorp Inc's revenue declined 92.5% year-over-year, from $400.0M to $29.9M. This contraction results in a growth score of 0/100.

Leverage

Berkshire Hills Bancorp Inc carries a low D/E ratio of 0.32, meaning only $0.32 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow

100

Berkshire Hills Bancorp Inc converts 708.4% of revenue into free cash flow ($212.2M). This strong cash generation earns a score of 100/100.

Returns

Berkshire Hills Bancorp Inc generates a 3.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 19/100. This is down from 5.6% the prior year.

Piotroski F-Score Neutral

4/9

Berkshire Hills Bancorp Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

2.49x

For every $1 of reported earnings, Berkshire Hills Bancorp Inc generates $2.49 in operating cash flow ($224.4M OCF vs $90.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$29.9M

YoY-92.5%

5Y CAGR-39.9%

10Y CAGR-19.7%

Berkshire Hills Bancorp Inc generated $29.9M in revenue in fiscal year 2025. This represents a decrease of 92.5% from the prior year.

EBITDA

N/A

Net Income

$90.3M

YoY+31.4%

10Y CAGR+6.2%

Berkshire Hills Bancorp Inc reported $90.3M in net income in fiscal year 2025. This represents an increase of 31.4% from the prior year.

EPS (Diluted)

$1.03

YoY+33.8%

10Y CAGR-5.1%

Berkshire Hills Bancorp Inc earned $1.03 per diluted share (EPS) in fiscal year 2025. This represents an increase of 33.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$212.2M

YoY+112.2%

5Y CAGR-0.8%

10Y CAGR+10.4%

Berkshire Hills Bancorp Inc generated $212.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 112.2% from the prior year.

Cash & Debt

$2.0B

YoY+275.5%

5Y CAGR+5.6%

10Y CAGR+34.7%

Berkshire Hills Bancorp Inc held $2.0B in cash against $788.4M in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.73

YoY+34.8%

5Y CAGR+0.2%

10Y CAGR-0.4%

Berkshire Hills Bancorp Inc paid $0.73 per share in dividends in fiscal year 2025. This represents an increase of 34.8% from the prior year.

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

301.4%

YoY+284.3pp

5Y CAGR+440.6pp

10Y CAGR+283.0pp

Berkshire Hills Bancorp Inc's net profit margin was 301.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 284.3 percentage points from the prior year.

Return on Equity

3.6%

YoY-2.0pp

5Y CAGR+48.5pp

10Y CAGR-2.0pp

Berkshire Hills Bancorp Inc's ROE was 3.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.0 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$12.3M

YoY+146.5%

5Y CAGR+11.3%

10Y CAGR+5.3%

Berkshire Hills Bancorp Inc invested $12.3M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 146.5% from the prior year.

BHLB Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$29.9M-92.5%	$400.0M-2.9%	$411.8M-0.4%	$413.5M-4.8%	$434.4M+13.4%	$383.1M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$329.7M+10.3%	$298.9M+44.2%	$207.3M+385.8%	$42.7M+12.6%	$37.9M-59.2%	$93.0M
Income Tax	$31.6M+37.5%	$23.0M+21.5%	$18.9M-11.1%	$21.3M-29.9%	$30.4M+252.9%	-$19.9M
Net Income	$90.3M+31.4%	$68.7M-8.4%	$75.0M-18.9%	$92.5M-22.0%	$118.7M+122.3%	-$533.0M
EPS (Diluted)	$1.03+33.8%	$0.77-9.4%	$0.85-57.9%	$2.02-15.5%	$2.39+122.5%	$-10.60

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$312.6M+47.2%	$212.4M+86.9%	$113.7M+2.9%	$110.4M+0.2%	$110.2M-12.3%	$125.6M+15.6%	$108.7M+95.6%	$55.5M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$112.8M+35.1%	$83.6M+27.8%	$65.4M-3.7%	$67.9M-7.2%	$73.2M-4.4%	$76.6M+1.6%	$75.4M+2.0%	$73.9M
Income Tax	$21.8M+622.0%	-$4.2M-155.2%	$7.6M+18.6%	$6.4M+1.6%	$6.3M-4.9%	$6.6M+25.3%	$5.3M+9.5%	$4.8M
Net Income	$53.4M+1364.3%	-$4.2M-119.2%	$22.0M+15.3%	$19.1M+8.9%	$17.5M-12.9%	$20.1M+23.0%	$16.4M+11.6%	$14.7M
EPS (Diluted)	$0.64+1380.0%	$-0.05-120.0%	$0.25+19.0%	$0.21+5.0%	$0.20-13.0%	$0.23+27.8%	$0.18+12.5%	$0.16

BHLB Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$23.2B+95.0%	$11.9B-4.2%	$12.4B+6.6%	$11.7B+0.9%	$11.6B-10.0%	$12.8B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$2.0B+275.5%	$543.7M+308.7%	$133.0M-65.3%	$383.0M-76.5%	$1.6B+4.5%	$1.6B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$351.6M+45.8%	$241.2M0.0%	$241.2M	N/A	$0	$0
Total Liabilities	$20.7B+94.0%	$10.7B-6.4%	$11.4B+6.6%	$10.7B+3.2%	$10.4B-11.0%	$11.7B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$788.4M-48.1%	$1.5B+516.4%	$246.6M+96.5%	$125.5M+13.2%	$110.8M-79.2%	$531.6M
Total Equity	$2.5B+104.3%	$1.2B+1.9%	$1.2B+20.8%	$992.1M-16.1%	$1.2B-0.4%	$1.2B
Retained Earnings	$485.9M+5.9%	$458.9M+1485.0%	-$33.1M+53.6%	-$71.4M+48.8%	-$139.4M+40.3%	-$233.3M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$23.2B+1.7%	$22.8B+89.6%	$12.0B+0.2%	$12.0B+0.9%	$11.9B+2.6%	$11.6B-5.0%	$12.2B+0.6%	$12.1B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$2.0B+67.3%	$1.2B+52.1%	$802.7M-2.9%	$826.3M+52.0%	$543.7M+33.3%	$407.9M-62.9%	$1.1B-7.8%	$1.2B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$351.6M-0.5%	$353.5M	N/A	N/A	$241.2M	N/A	N/A	N/A
Total Liabilities	$20.7B+1.6%	$20.4B+88.7%	$10.8B0.0%	$10.8B+1.2%	$10.7B+1.4%	$10.5B-6.0%	$11.2B+0.6%	$11.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$788.4M-27.0%	$1.1B+379.0%	$225.6M-20.7%	$284.6M-81.3%	$1.5B+329.8%	$353.6M+26.9%	$278.6M+12.1%	$248.6M
Total Equity	$2.5B+3.4%	$2.4B+92.6%	$1.3B+4.8%	$1.2B-2.1%	$1.2B-0.7%	$1.2B+2.7%	$1.2B+18.7%	$1.0B
Retained Earnings	$485.9M	N/A	$36.3M+154.2%	$14.3M-96.9%	$458.9M+3164.5%	-$15.0M+66.6%	-$44.9M+26.6%	-$61.1M

BHLB Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$224.4M+113.8%	$105.0M-10.0%	$116.6M+5.3%	$110.7M+30.6%	$84.8M-62.8%	$227.6M
Capital Expenditures	$12.3M+146.5%	$5.0M-59.7%	$12.4M+726.6%	$1.5M-6.9%	$1.6M-77.7%	$7.2M
Free Cash Flow	$212.2M+112.2%	$100.0M-4.1%	$104.2M-4.6%	$109.2M+31.3%	$83.2M-62.3%	$220.4M
Investing Cash Flow	$2.3B+1747.8%	-$139.6M+79.0%	-$665.3M+47.2%	-$1.3B-303.0%	$621.2M-3.1%	$641.1M
Financing Cash Flow	-$1.0B-330.6%	$445.3M+49.1%	$298.7M+43.8%	$207.7M+132.7%	-$636.1M-682.0%	$109.3M
Dividends Paid	$63.1M+31.3%	$48.1M+0.3%	$47.9M+95.4%	$24.5M-0.1%	$24.6M-32.8%	$36.6M
Share Buybacks	N/A	$17.5M-26.5%	$23.8M-80.9%	$124.5M+81.2%	$68.7M+14426.8%	$473K

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$167.4M+3608.0%	-$4.8M-112.4%	$38.5M+65.6%	$23.3M-46.5%	$43.5M+119.0%	$19.9M-42.9%	$34.8M+406.5%	$6.9M
Capital Expenditures	$7.8M+789.4%	-$1.1M-151.5%	$2.2M-34.7%	$3.4M+86.5%	$1.8M-30.8%	$2.6M+723.9%	$318K+35.3%	$235K
Free Cash Flow	$159.6M+2800.5%	-$5.9M-116.3%	$36.3M+82.7%	$19.9M-52.3%	$41.7M+141.8%	$17.2M-50.0%	$34.4M+419.7%	$6.6M
Investing Cash Flow	$359.6M-82.3%	$2.0B+5001.3%	-$41.4M+12.2%	-$47.1M+46.7%	-$88.5M+45.6%	-$162.6M+9.8%	-$180.4M-161.8%	$291.9M
Financing Cash Flow	$294.0M+128.8%	-$1.0B-4830.8%	-$20.7M+92.6%	-$278.2M-253.9%	$180.8M-65.3%	$520.6M+897.4%	$52.2M+116.9%	-$308.3M
Dividends Paid	$27.0M+39.5%	$19.4M+132.0%	$8.4M-0.1%	$8.4M-30.5%	$12.0M-41.2%	$20.5M+31.3%	$15.6M	$0
Share Buybacks	N/A	N/A	$0	$0+100.0%	-$2K-100.0%	-$1K-100.0%	$13.5M+233.6%	$4.0M

BHLB Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	301.4%+284.3pp	17.2%-1.0pp	18.2%-4.2pp	22.4%-4.9pp	27.3%+166.5pp	-139.1%
Return on Equity	3.6%-2.0pp	5.6%-0.6pp	6.3%-3.1pp	9.3%-0.7pp	10.0%+54.9pp	-44.9%
Return on Assets	0.4%-0.2pp	0.6%-0.0pp	0.6%-0.2pp	0.8%-0.2pp	1.0%+5.2pp	-4.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.32-0.9	1.24+1.0	0.21+0.1	0.13+0.0	0.09-0.4	0.45
FCF Margin	708.4%+683.4pp	25.0%-0.3pp	25.3%-1.1pp	26.4%+7.3pp	19.1%-38.4pp	57.5%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	17.1%+19.1pp	-2.0%-21.4pp	19.4%+2.1pp	17.3%+1.4pp	15.9%-0.1pp	16.0%+1.0pp	15.1%-11.3pp	26.4%
Return on Equity	2.1%+2.3pp	-0.2%-1.9pp	1.8%+0.2pp	1.6%+0.2pp	1.4%-0.2pp	1.6%+0.3pp	1.4%-0.1pp	1.5%
Return on Assets	0.2%+0.3pp	-0.0%-0.2pp	0.2%+0.0pp	0.2%+0.0pp	0.1%-0.0pp	0.2%+0.0pp	0.1%+0.0pp	0.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.32-0.1	0.45+0.3	0.18-0.1	0.24-1.0	1.24+1.0	0.29+0.1	0.23-0.0	0.25
FCF Margin	51.1%+53.8pp	-2.8%-34.7pp	31.9%+14.0pp	18.0%-19.8pp	37.8%+24.1pp	13.7%-18.0pp	31.7%+19.8pp	11.9%

Similar Companies

First Merchants Corp FRME

$2.5B

Pacific Premier Bancorp PPBI

$2.4B

First Bancorp N C FBNC

$2.3B

Enterprise Finl Svcs Corp EFSC

$2.0B

Trustmark Corp TRMK

$2.5B

Frequently Asked Questions

What is Berkshire Hills Bancorp Inc's annual revenue?

Berkshire Hills Bancorp Inc (BHLB) reported $29.9M in total revenue for fiscal year 2025. This represents a -92.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Berkshire Hills Bancorp Inc's revenue growing?

Berkshire Hills Bancorp Inc (BHLB) revenue declined by 92.5% year-over-year, from $400.0M to $29.9M in fiscal year 2025.

Is Berkshire Hills Bancorp Inc profitable?

Yes, Berkshire Hills Bancorp Inc (BHLB) reported a net income of $90.3M in fiscal year 2025, with a net profit margin of 301.4%.

How much debt does Berkshire Hills Bancorp Inc have?

As of fiscal year 2025, Berkshire Hills Bancorp Inc (BHLB) had $2.0B in cash and equivalents against $788.4M in long-term debt.

What is Berkshire Hills Bancorp Inc's net profit margin?

Berkshire Hills Bancorp Inc (BHLB) had a net profit margin of 301.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Berkshire Hills Bancorp Inc pay dividends?

Yes, Berkshire Hills Bancorp Inc (BHLB) paid $0.73 per share in dividends during fiscal year 2025.

What is Berkshire Hills Bancorp Inc's return on equity (ROE)?

Berkshire Hills Bancorp Inc (BHLB) has a return on equity of 3.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Berkshire Hills Bancorp Inc's free cash flow?

Berkshire Hills Bancorp Inc (BHLB) generated $212.2M in free cash flow during fiscal year 2025. This represents a 112.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Berkshire Hills Bancorp Inc's operating cash flow?

Berkshire Hills Bancorp Inc (BHLB) generated $224.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Berkshire Hills Bancorp Inc's total assets?

Berkshire Hills Bancorp Inc (BHLB) had $23.2B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Berkshire Hills Bancorp Inc's capital expenditures?

Berkshire Hills Bancorp Inc (BHLB) invested $12.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is Berkshire Hills Bancorp Inc's debt-to-equity ratio?

Berkshire Hills Bancorp Inc (BHLB) had a debt-to-equity ratio of 0.32 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Berkshire Hills Bancorp Inc's return on assets (ROA)?

Berkshire Hills Bancorp Inc (BHLB) had a return on assets of 0.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Berkshire Hills Bancorp Inc's Piotroski F-Score?

Berkshire Hills Bancorp Inc (BHLB) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Berkshire Hills Bancorp Inc's earnings high quality?

Berkshire Hills Bancorp Inc (BHLB) has an earnings quality ratio of 2.49x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Berkshire Hills Bancorp Inc?

Berkshire Hills Bancorp Inc (BHLB) scores 54 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.