Berkshire Hills Bancorp (Berkshire Hills Bancorp) Pre-Tax Income : $18.7 Mil (TTM As of Dec. 2023)

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What is Berkshire Hills Bancorp Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Berkshire Hills Bancorp's pretax income for the three months ended in Dec. 2023 was $-6.0 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $18.7 Mil. Berkshire Hills Bancorp's pretax margin was -7.44%.

During the past 13 years, Berkshire Hills Bancorp's highest Pretax Margin was 39.06%. The lowest was -139.59%. And the median was 25.54%.

Berkshire Hills Bancorp Pre-Tax Income Historical Data

The historical data trend for Berkshire Hills Bancorp's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Berkshire Hills Bancorp Pre-Tax Income Chart

Berkshire Hills Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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123.98

-533.03

149.02

113.82

78.32

Berkshire Hills Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial															33.19	27.81	23.29	-5.95	-26.48

Competitive Comparison of Berkshire Hills Bancorp's Pre-Tax Income

For the Banks - Regional subindustry, Berkshire Hills Bancorp's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Berkshire Hills Bancorp's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Berkshire Hills Bancorp's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Berkshire Hills Bancorp's Pre-Tax Income falls into.

Berkshire Hills Bancorp Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Berkshire Hills Bancorp's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Other
	=	0	+	78.322
	=	78.3

Berkshire Hills Bancorp's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Other
	=	0	+	-5.954
	=	-6.0

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $18.7 Mil.

Berkshire Hills Bancorp (NYSE:BHLB) Pre-Tax Income Explanation

Berkshire Hills Bancorp's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-5.954	/	80.038
	=	-7.44%

During the past 13 years, Berkshire Hills Bancorp's highest Pretax Margin was 39.06%. The lowest was -139.59%. And the median was 25.54%.

Berkshire Hills Bancorp Pre-Tax Income Related Terms

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Berkshire Hills Bancorp (Berkshire Hills Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Berkshire Hills Bancorp Inc (NYSE:BHLB) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

4I9:Germany

Address

60 State Street, Boston, MA, USA, 02109

Website

https://www.berkshirebank.com

Berkshire Hills Bancorp Inc is a holding company. It offers deposit, lending, investment, wealth management, and insurance services.

Executives

Mary Anne Callahan	director	24 NORTH STREET, PITTSFIELD MA 01201
Nitin J. Mhatre	director, officer: President and CEO	24 NORTH STREET, PITTSFIELD MA 01201
Karyn Polito	director	24 NORTH STREET, PITTSFIELD MA 01201
Jacqueline Courtwright	officer: EVP,Chief HR & Culture Officer	24 NORTH STREET, PITTSFIELD MA 01201
Kevin Conn	officer: SVP, Investors & Corp. Devel	24 NORTH STREET, PITTSFIELD MA 01201
Eric S Rosengren	director	24 NORTH STREET, PITTSFIELD MA 01201
Brett Brbovic	officer: Sr Managing Dir and CAO	24 NORTH STREET, PITTSFIELD MA 01201
R David Rosato	officer: SEVP - Chief Financial Officer	24 NORTH STREET, PITTSFIELD MA 01201
Ashlee Picard Flores	officer: EVP -Chief Compliance Officer	24 NORTH STREET, PITTSFIELD MA 01201
James Cannon Brown	officer: SEVP-Head of Comm'l Banking	24 NORTH STREET, PITTSFIELD MA 01201
Philip Jurgeleit	officer: EVP - Chief Credit Officer	24 NORTH STREET, PITTSFIELD MA 01201
Wm Gordon Prescott	officer: SEVP and General Counsel	24 NORTH STREET, PITTSFIELD MA 01201
Michael Zaitzeff	director	C/O HOLDCO ASSET MANAGEMENT, LP, 441 LEXINGTON AVENUE, 15TH FLOOR, NEW YORK NY 10017
Hughes William H Iii	director	24 NORTH STREET, PITTSFIELD MA 01201
Mihir A. Desai	director	24 NORTH STREET, PITTSFIELD MA 01201