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Asset logo for symbol BHLB
Berkshire Hills Bancorp
Asset logo for symbol BHLB



Income Statement (BHLB)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
gross Profit$65.88M$14.32M$107.79M$46.72M$51.73M
NET Income-$20.18M-$1.44M$19.54M$23.86M$27.63M
total Revenue$119.19M$142.15M$107.79M$109.85M$114.13M

Balance Sheet (BHLB)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
cash Equivalents-----
net Debt-$688.10M-$634.95M$262.12M$675.29M$1.80B
stockholders Equity$1.00B$1.01B$951.00M$973.38M$995.48M
total Assets$12.14B$12.44B$12.13B$12.09B$12.31B
total Debt$505.58M$568.29M$925.59M$795.58M$1.92B
total Liabilities$11.13B$11.43B$925.59M$795.58M$11.32B

Cash Flow (BHLB)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
financing Cash Flow-$308.28M$232.93M$38.07M-$249.69M$623.88M
free Cash Flow$10.73M$51.27M$43.65M$23.73M$36.56M
investing Cash Flow---$58.85M-$140.00M-$339.99M
operating Cash Flow$10.96M$52.34M$43.65M$23.73M$37.31M

Berkshire Hills Bancorp (BHLB) Financials

The income statement of Berkshire Hills Bancorp Inc (BHLB) provides a snapshot of the company's financial performance over a specific period. It shows the revenue generated, expenses incurred, and net income earned. In the latest financial statement, Berkshire Hills reported a total revenue of $457.2 million. The gross profit was $244.5 million, indicating the amount left after deducting the cost of goods sold. The net income, available to stockholders, was $61.3 million.

Earnings before interest and taxes (EBIT) is another important financial metric. It measures the company's profitability before taking into account the impact of interest and tax expenses. Berkshire Hills Bancorp Inc reported an EBIT of $95.6 million. EBITDA, on the other hand, adds back depreciation and amortization expenses to EBIT. The EBITDA for Berkshire Hills was $114.2 million.

Moving on to the balance sheet, it provides a snapshot of the company's financial position at a specific point in time. Berkshire Hills Bancorp Inc's total assets stood at $13.5 billion, while total liabilities amounted to $11.6 billion. The stockholders' equity, which represents the value of the company attributable to its stockholders, was $1.9 billion.

Cash flow is another crucial aspect to consider. The operating cash flow indicates the cash generated from the company's core operations. Berkshire Hills Bancorp Inc reported an operating cash flow of $156.8 million. Investing cash flow shows the cash used or generated from investments. Berkshire Hills had an investing cash flow of -$45.2 million.

Furthermore, financing cash flow shows the cash used or generated through financing activities. For Berkshire Hills, the financing cash flow amounted to -$108.3 million. Finally, free cash flow, which represents the cash available for distribution to investors after deducting capital expenditures, was $67.6 million.

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