BHLB
Income statement / Annual
Last year (2024), Berkshire Hills Bancorp, Inc.'s total revenue was $613.94 M,
an increase of 6.53% from the previous year.
In 2024, Berkshire Hills Bancorp, Inc.'s net income was $61.00 M.
See Berkshire Hills Bancorp, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$613.94 M |
$576.30 M |
$413.53 M |
$381.47 M |
$381.85 M |
$447.91 M |
$468.78 M |
$420.19 M |
$297.03 M |
$268.14 M |
| Cost of Revenue |
$175.36 M
|
$253.36 M
|
$241.78 M
|
$247.25 M
|
$0.00
|
$0.00
|
$248.32 M
|
$227.00 M
|
$161.52 M
|
$0.00
|
| Gross Profit |
$438.58 M
|
$322.94 M
|
$171.76 M
|
$134.22 M
|
$381.85 M
|
$447.91 M
|
$220.45 M
|
$193.19 M
|
$135.51 M
|
$268.14 M
|
| Gross Profit Ratio |
0.71
|
0.56
|
0.42
|
0.35
|
1
|
1
|
0.47
|
0.46
|
0.46
|
1
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$167.85 M
|
$166.30 M
|
$152.74 M
|
$184.39 M
|
$186.08 M
|
$171.29 M
|
$199.52 M
|
$185.34 M
|
$129.55 M
|
$118.90 M
|
| Selling & Marketing Expenses |
$4.52 M
|
$5.38 M
|
$5.10 M
|
$2.75 M
|
$3.70 M
|
$4.47 M
|
$7.98 M
|
$11.88 M
|
$3.16 M
|
$3.31 M
|
| Selling, General & Administrative Expenses |
$4.52 M
|
$171.68 M
|
$152.74 M
|
$184.39 M
|
$189.78 M
|
$175.76 M
|
$207.50 M
|
$197.21 M
|
$132.71 M
|
$122.21 M
|
| Other Expenses |
$0.00
|
$0.00
|
-$89.39 M
|
-$416.84 M
|
-$1.12 B
|
-$503.76 M
|
-$431.04 M
|
-$137.36 M
|
-$65.63 M
|
-$293.99 M
|
| Operating Expenses |
$4.52 M
|
$253.90 M
|
$5.10 M
|
-$232.45 M
|
-$934.72 M
|
-$328.00 M
|
-$223.54 M
|
$11.88 M
|
$3.16 M
|
-$171.78 M
|
| Cost And Expenses |
$179.88 M
|
$253.90 M
|
$248.28 M
|
-$232.45 M
|
-$934.72 M
|
-$328.00 M
|
-$223.54 M
|
$238.88 M
|
$164.68 M
|
-$171.78 M
|
| Interest Income |
$613.94 M
|
$576.30 M
|
$387.26 M
|
$329.07 M
|
$409.78 M
|
$509.51 M
|
$471.16 M
|
$360.26 M
|
$280.44 M
|
$247.03 M
|
| Interest Expense |
$262.35 M
|
$207.25 M
|
$42.66 M
|
$37.90 M
|
$93.00 M
|
$144.26 M
|
$111.83 M
|
$65.46 M
|
$48.17 M
|
$33.18 M
|
| Depreciation & Amortization |
$0.00
|
$13.27 M
|
$14.71 M
|
$16.24 M
|
$18.10 M
|
$16.70 M
|
$15.38 M
|
$13.41 M
|
$11.32 M
|
$3.56 M
|
| EBITDA |
$434.06 M |
$0.00 |
-$513.18 M |
$118.66 M |
-$514.93 M |
$101.52 M |
$214.86 M |
$121.38 M |
$88.77 M |
$91.42 M |
| EBITDA Ratio |
0.71
|
0
|
0.41
|
0.43
|
-1.43
|
0.28
|
0.56
|
0.43
|
0.46
|
0.37
|
| Operating Income Ratio |
0.71
|
0.55
|
0.38
|
0.39
|
-1.45
|
0.27
|
0.52
|
0.29
|
0.39
|
0.36
|
| Total Other Income/Expenses Net |
-$354.54 M
|
-$239.25 M
|
$626.99 M
|
-$41.11 M
|
-$19.85 M
|
$22.46 M
|
-$56.76 M
|
-$21.63 M
|
-$38.30 M
|
-$36.84 M
|
| Income Before Tax |
$79.52 M
|
$78.32 M
|
$113.82 M
|
$149.02 M
|
-$533.03 M
|
$123.98 M
|
$133.41 M
|
$99.75 M
|
$77.45 M
|
$54.58 M
|
| Income Before Tax Ratio |
0.13
|
0.14
|
0.28
|
0.39
|
-1.4
|
0.28
|
0.28
|
0.24
|
0.26
|
0.2
|
| Income Tax Expense |
$18.51 M
|
$8.72 M
|
$21.29 M
|
$30.36 M
|
-$19.85 M
|
$22.46 M
|
$27.65 M
|
$44.50 M
|
$18.78 M
|
$5.06 M
|
| Net Income |
$61.00 M
|
$69.60 M
|
$92.53 M
|
$118.66 M
|
-$513.18 M
|
$97.45 M
|
$105.77 M
|
$55.25 M
|
$58.67 M
|
$49.52 M
|
| Net Income Ratio |
0.1
|
0.12
|
0.22
|
0.31
|
-1.34
|
0.22
|
0.23
|
0.13
|
0.2
|
0.18
|
| EPS |
1.44 |
1.61 |
2.03 |
2.41 |
-10.21 |
1.96 |
2.3 |
1.4 |
1.89 |
1.74 |
| EPS Diluted |
1.43 |
1.6 |
2.02 |
2.39 |
-10.21 |
1.95 |
2.29 |
1.39 |
1.88 |
1.73 |
| Weighted Average Shares Out |
$42.51 M
|
$43.29 M
|
$45.56 M
|
$49.24 M
|
$50.27 M
|
$49.26 M
|
$46.02 M
|
$39.46 M
|
$30.99 M
|
$28.39 M
|
| Weighted Average Shares Out Diluted |
$42.76 M
|
$43.50 M
|
$45.91 M
|
$49.55 M
|
$50.27 M
|
$49.42 M
|
$46.23 M
|
$39.70 M
|
$31.17 M
|
$28.56 M
|
| Link |
|
|
|
|
|
|
|
|
|
|
