Berkshire Hills Bancorp Inc
NYSE:BHLB

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Berkshire Hills Bancorp Inc
NYSE:BHLB
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Price: 28.66 USD Market Closed
Market Cap: 1.2B USD
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Berkshire Hills Bancorp Inc
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Berkshire Hills Bancorp Inc
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Berkshire Hills Bancorp Inc
NYSE:BHLB
Tax Provision
-$7.1m
CAGR 3-Years
34%
CAGR 5-Years
19%
CAGR 10-Years
6%
PNC Financial Services Group Inc
NYSE:PNC
Tax Provision
-$1.2B
CAGR 3-Years
1%
CAGR 5-Years
-8%
CAGR 10-Years
2%
M&T Bank Corp
NYSE:MTB
Tax Provision
-$664.3m
CAGR 3-Years
-3%
CAGR 5-Years
-2%
CAGR 10-Years
-3%
Truist Financial Corp
NYSE:TFC
Tax Provision
$885m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Fifth Third Bancorp
NASDAQ:FITB
Tax Provision
-$576m
CAGR 3-Years
7%
CAGR 5-Years
1%
CAGR 10-Years
0%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Tax Provision
-$978m
CAGR 3-Years
-82%
CAGR 5-Years
-50%
CAGR 10-Years
-32%
No Stocks Found

Berkshire Hills Bancorp Inc
Glance View

Market Cap
1.2B USD
Industry
Banking

In the picturesque towns and bustling cities of New England, Berkshire Hills Bancorp Inc. operates with the steady hand of a seasoned community-focused financial institution. Established in 1846 and headquartered in Boston, this venerable bank has navigated the ebbs and flows of the financial world while adhering to its mission of delivering local service and exceptional customer experiences. As the parent company of Berkshire Bank, it orchestrates a complex symphony of retail, commercial, and wealth management services. The bank offers a variety of products ranging from checking and savings accounts to home mortgages and commercial loans, seamlessly integrating traditional banking with modern-day digital solutions. Its regional footprint allows for a unique intimacy with its clientele, which includes small business owners, homeowners, and individuals keen on growing their financial well-being. The bank's profitability hinges on the standard yet artful execution of financial intermediation. By gathering deposits from the public, Berkshire Hills Bancorp effectively manages a reservoir of funds, which it strategically allocates as loans to businesses and individuals operating in its shadow. This age-old methodology of banking permits the institution to profit from the interest rate differential between what it pays to its depositors and what it earns from its borrowers. Moreover, the bank diversifies its income portfolio through fees tied to various financial services, providing credit cards, cash management, and wealth advisory services. The bank’s strategic focus on maintaining robust customer relationships and local market knowledge enables it to remain resilient and adaptive in the face of economic vicissitudes, crafting a nuanced yet steady approach to sustainable growth and community engagement.

BHLB Intrinsic Value
35.46 USD
Undervaluation 19%
Intrinsic Value
Price

See Also

What is Berkshire Hills Bancorp Inc's Tax Provision?
Tax Provision
-7.1m USD

Based on the financial report for Sep 30, 2024, Berkshire Hills Bancorp Inc's Tax Provision amounts to -7.1m USD.

What is Berkshire Hills Bancorp Inc's Tax Provision growth rate?
Tax Provision CAGR 10Y
6%

Over the last year, the Tax Provision growth was 61%. The average annual Tax Provision growth rates for Berkshire Hills Bancorp Inc have been 34% over the past three years , 19% over the past five years , and 6% over the past ten years .

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