BERKSHIRE HILLS BANCORP INC (BHLB)

Berkshire Hills Bancorp, Inc. operates as a bank holding company for Berkshire Bank and Berkshire Insurance Group, Inc. The firm offers deposit, lending, insurance, and wealth management products to retail and commercial customers in its market areas. It aims to expand and deepen market share and wallet share through organic growth and acquisition strategies. The company was founded in 1846 and is headquartered in Boston, MA.

Address

60 STATE STREET
BOSTON, MA 02109

Founded

1846

Number of Employees

1,340

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
- $549 - - - $52,885 $487 - $124,574 $23,663 $17,428 $36,598
Average Price - $30.31 - - - $30.65 $33.91 - $27.78 $20.85 $21.95 $26.87
# Shares Purchased - 18,113 - - - 1,725,628 14,372 - 4,485,000 1,134,700 793,885 1,361,950
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - -14.2% - - - -15.2% -23.3% - -6.4% 24.7% 18.4% -3.2%
S&P 500 Return to Date - 173.0% - - - 93.1% 74.8% - 37.3% 31.3% 7.4% 69.5%
Excess Total Return - -187.2% - - - -108.3% -98.2% - -43.7% -6.7% 11.0% -72.7%
Quartile Rank
Percentile Rank - 28% - - - 27% 18% - 40% 65% 76% 40%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

Insider Transactions

Filters

Keyboard Shortcuts: Show (a) | Close (Esc)