Seaport Res Ptn Revises Berkshire Hills Bancorp Earnings Estimates Downward

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) has recently come under scrutiny from analysts at Seaport Res Ptn, who have lowered their earnings per share (EPS) estimates for the company's third quarter of 2025. This adjustment was revealed in a research report issued to clients on December 16th, 2024. The new anticipated EPS is now $0.56, a decrease from the previous estimate of $0.61. Despite this revision, Seaport Res Ptn maintains a 'Strong-Buy' rating on Berkshire Hills Bancorp's stock.

The consensus estimate for the company’s full-year earnings in the current fiscal year stands at $2.16 per share. Furthermore, Seaport Res Ptn has also provided estimates for upcoming quarters, predicting earnings of $0.83 for Q4 2025, $0.95 for Q1 2026, $0.96 for Q2 2026, and $0.96 for Q3 2026. For the full year of 2026, they project earnings of $3.84.

In its most recent earnings report released on October 24th, Berkshire Hills Bancorp reported an earnings per share of $0.58 for the quarter, slightly surpassing analysts' expectations of $0.55. The company achieved a return on equity of 8.68% and a net margin of 5.86%. Revenue for the quarter totaled $125.70 million, exceeding the forecast of $119.61 million, and marking a significant increase compared to $0.50 EPS in the same quarter last year, reflecting a revenue growth of 16.6% year-over-year.

Other financial institutions have also provided updates on Berkshire Hills Bancorp. For instance, Keefe, Bruyette & Woods increased their price target from $29.00 to $32.00, while Royal Bank of Canada reduced theirs from $32.00 to $31.00. The stock currently has a mix of ratings from five analysts, with a hold rating from most, and a strong buy from one.

Berkshire Hills Bancorp Financial Performance Overview

The stock opened at $27.80 recently, with a fifty-day moving average of $29.33 and a two-hundred-day moving average of $26.58. This tells investors about the company's recent trading patterns. Berkshire Hills Bancorp has a market capitalization of approximately $1.19 billion and a price-to-earnings ratio of 29.26, indicating how much investors are willing to pay for each dollar of earnings. The stock carries a beta of 0.88, suggesting it tends to be less volatile than the overall market.

Recent Market Activity and Investor Insights

A number of institutional investors have recently acquired shares of Berkshire Hills Bancorp. Point72 Asia Singapore Pte. Ltd. made a new investment in the company worth around $34,000, while nVerses Capital LLC expanded their holdings by 233.3%, boosting their total shares to 2,000 valued at $54,000. Other companies have also increased their stakes, illustrating a growing interest from institutional investors.

Moreover, Berkshire Hills Bancorp recently declared a quarterly dividend of $0.18 per share, which was paid out to shareholders on November 27th. This translates to an annualized dividend of $0.72, yielding about 2.59%. The company’s dividend payout ratio currently stands at 75.79%, indicating a commitment to returning value to its shareholders.

Company Overview

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

Overall, Berkshire Hills Bancorp continues to show resilience despite the adjustments in earnings estimates, maintaining a strong presence in the banking sector.

Berkshire, Earnings, Estimates