Seaport Res Ptn Has Negative Estimate for BHLB Q2 Earnings

Berkshire Hills Bancorp, Inc. (NYSE:BHLBFree Report) – Equities researchers at Seaport Res Ptn dropped their Q2 2025 earnings per share estimates for Berkshire Hills Bancorp in a research note issued on Monday, February 3rd. Seaport Res Ptn analyst L. Hunsicker now forecasts that the savings and loans company will post earnings per share of $0.55 for the quarter, down from their previous estimate of $0.56. Seaport Res Ptn currently has a “Strong-Buy” rating on the stock. The consensus estimate for Berkshire Hills Bancorp’s current full-year earnings is $2.48 per share. Seaport Res Ptn also issued estimates for Berkshire Hills Bancorp’s Q4 2025 earnings at $0.84 EPS, FY2025 earnings at $2.49 EPS, Q1 2026 earnings at $0.96 EPS, Q2 2026 earnings at $0.97 EPS, Q3 2026 earnings at $0.97 EPS and FY2026 earnings at $3.86 EPS.

Berkshire Hills Bancorp (NYSE:BHLBGet Free Report) last issued its quarterly earnings data on Thursday, January 30th. The savings and loans company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.06. Berkshire Hills Bancorp had a net margin of 8.56% and a return on equity of 8.91%.

Several other equities research analysts have also commented on the stock. Piper Sandler upgraded shares of Berkshire Hills Bancorp from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 16th. Keefe, Bruyette & Woods raised their price target on Berkshire Hills Bancorp from $32.00 to $34.50 and gave the stock a “market perform” rating in a research note on Tuesday, December 24th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $31.00 price target on shares of Berkshire Hills Bancorp in a research report on Friday, January 31st. Four equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $31.13.

Check Out Our Latest Stock Analysis on Berkshire Hills Bancorp

Berkshire Hills Bancorp Stock Up 0.5 %

BHLB stock opened at $30.05 on Wednesday. The company’s 50 day moving average price is $28.98 and its 200 day moving average price is $28.01. The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of 20.87 and a beta of 0.88. Berkshire Hills Bancorp has a fifty-two week low of $20.50 and a fifty-two week high of $32.36. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.00 and a current ratio of 1.00.

Institutional Investors Weigh In On Berkshire Hills Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the company. Barclays PLC grew its stake in shares of Berkshire Hills Bancorp by 105.0% during the 3rd quarter. Barclays PLC now owns 96,380 shares of the savings and loans company’s stock valued at $2,595,000 after buying an additional 49,356 shares during the period. State Street Corp raised its stake in shares of Berkshire Hills Bancorp by 0.9% in the 3rd quarter. State Street Corp now owns 2,119,475 shares of the savings and loans company’s stock valued at $57,455,000 after acquiring an additional 18,307 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Berkshire Hills Bancorp by 61.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 190,673 shares of the savings and loans company’s stock valued at $5,135,000 after acquiring an additional 72,402 shares in the last quarter. Systematic Financial Management LP boosted its position in Berkshire Hills Bancorp by 13.7% during the 3rd quarter. Systematic Financial Management LP now owns 952,627 shares of the savings and loans company’s stock worth $25,654,000 after purchasing an additional 114,433 shares during the period. Finally, Assenagon Asset Management S.A. acquired a new position in shares of Berkshire Hills Bancorp during the fourth quarter worth about $6,672,000. 83.07% of the stock is currently owned by hedge funds and other institutional investors.

Berkshire Hills Bancorp Company Profile

(Get Free Report)

Berkshire Hills Bancorp, Inc operates as the bank holding company for Berkshire Bank that provides various banking products and services in the United States. The company provides various deposit accounts, including demand deposit, interest-bearing checking, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts.

Further Reading

Earnings History and Estimates for Berkshire Hills Bancorp (NYSE:BHLB)

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