Company
Berkshire Hills Bancorp, Inc.
Headquarters: Boston, MA, United States
Founded: Pittsfield, MassachusettsFebruary 6, 1846
Employees: 1,319
CEO: Mr. Nitin J. Mhatre
Market Cap
$955.5 Million
USD as of July 1, 2024
Berkshire Hills Bancorp, Inc. Categories
United States Financials Banks—RegionalUnited States Financials United States Banks—Regional
Top Competitors by Market Capitalization
Industry: Banks—Regional
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|---|---|
| HDFC Bank | $169.00 B |
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Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $887.16 B |
| JPMorgan | $599.29 B |
| Visa | $550.38 B |
| Mastercard | $416.63 B |
| Bank of America | $316.02 B |
Detailed Description
Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides various banking products and services. It offers various deposit accounts, including demand deposit, NOW, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts; and loans, such as commercial real estate, commercial and industrial, consumer, and residential mortgage loans. The company also provides wealth management services comprising investment management, trust administration, and financial planning; and investment products, financial planning, and brokerage services. In addition, it offers electronic banking, commercial cash management, online banking, small business banking, asset based lending, and mobile banking services; and debit cards and other electronic fee producing payment services to transaction account customers. The company serves personal, commercial, non-profit, and municipal deposit customers. As of March 14, 2022, it operated 106 full-service branches in Massachusetts, New York, Connecticut, and Vermont. The company also has commercial banking offices in Providence, Rhode Island and New Haven, Connecticut. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.
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Stocks & Indices
Berkshire Hills Bancorp, Inc. has the following listings and related stock indices.
Stock: NYSE: BHLB wb_incandescent
Stock: FSX: 4I9 wb_incandescent
Key People
Nitin J. Mhatre, CEO Sean A. Gray, President and COO Subhadeep Basu, CFO
Financials
Revenue: US$469.24 million (2018)
Operating income: US$133.41 million (2018)
Net income: US$105.77 million (2018)
Total assets: US$12.212 billion (2018)
Total equity: US$1.553 billion (2018)