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Berkshire Hills Bancorp (Berkshire Hills Bancorp) Equity-to-Asset : 0.08 (As of Dec. 2023)


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What is Berkshire Hills Bancorp Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Berkshire Hills Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,012.2 Mil. Berkshire Hills Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $12,430.8 Mil. Therefore, Berkshire Hills Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.08.

The historical rank and industry rank for Berkshire Hills Bancorp's Equity-to-Asset or its related term are showing as below:

BHLB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.11   Max: 0.13
Current: 0.08

During the past 13 years, the highest Equity to Asset Ratio of Berkshire Hills Bancorp was 0.13. The lowest was 0.08. And the median was 0.11.

BHLB's Equity-to-Asset is ranked worse than
61.05% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs BHLB: 0.08

Berkshire Hills Bancorp Equity-to-Asset Historical Data

The historical data trend for Berkshire Hills Bancorp's Equity-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 Equity-to-Asset Chart

Berkshire Hills Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.09 0.10 0.08 0.08

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
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.08 0.08 0.08 0.08

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

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

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

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



Berkshire Hills Bancorp Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1012.221/12430.821
=0.08

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

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1012.221/12430.821
=0.08

* 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.


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

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Berkshire Hills Bancorp Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Berkshire Hills Bancorp's Equity-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

Traded in Other Exchanges
Address
60 State Street, Boston, MA, USA, 02109
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