Berkshire Hills Bancorp (Berkshire Hills Bancorp) Debt-to-Asset : 0.05 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Berkshire Hills Bancorp Debt-to-Asset?

Berkshire Hills Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $260.0 Mil. Berkshire Hills Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $308.3 Mil. Berkshire Hills Bancorp's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $12,430.8 Mil. Berkshire Hills Bancorp's debt to asset for the quarter that ended in Dec. 2023 was 0.05.

Berkshire Hills Bancorp Debt-to-Asset Historical Data

The historical data trend for Berkshire Hills Bancorp's Debt-to-Asset 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.

* Premium members only.

Berkshire Hills Bancorp Debt-to-Asset Chart

Berkshire Hills Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.07

0.05

0.02

0.05

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
Debt-to-Asset	Get a 7-Day Free Trial															0.08	0.07	0.08	0.05	0.04

Competitive Comparison of Berkshire Hills Bancorp's Debt-to-Asset

For the Banks - Regional subindustry, Berkshire Hills Bancorp's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Berkshire Hills Bancorp's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Berkshire Hills Bancorp's Debt-to-Asset falls into.

Berkshire Hills Bancorp Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Berkshire Hills Bancorp's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(260	+	308.293)	/	12430.821
	=	0.05

Berkshire Hills Bancorp's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(260	+	308.293)	/	12430.821
	=	0.05

Berkshire Hills Bancorp (NYSE:BHLB) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Berkshire Hills Bancorp Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Berkshire Hills Bancorp's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Berkshire Hills Bancorp (Berkshire Hills Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Berkshire Hills Bancorp Inc (NYSE:BHLB) » Definitions » Debt-to-Asset

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