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Berkshire Hills Bancorp (Berkshire Hills Bancorp) Price-to-Tangible-Book : 1.02 (As of May. 15, 2024)


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What is Berkshire Hills Bancorp Price-to-Tangible-Book?

As of today (2024-05-15), Berkshire Hills Bancorp's share price is $23.28. Berkshire Hills Bancorp's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $22.84. Hence, Berkshire Hills Bancorp's Price to Tangible Book Ratio of today is 1.02.

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

BHLB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.46   Med: 1.41   Max: 2
Current: 1.02

During the past 13 years, Berkshire Hills Bancorp's highest Price to Tangible Book Ratio was 2.00. The lowest was 0.46. And the median was 1.41.

BHLB's Price-to-Tangible-Book is ranked worse than
56.85% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs BHLB: 1.02

A closely related ratio is called PB Ratio. As of today, Berkshire Hills Bancorp's share price is $23.28. Berkshire Hills Bancorp's Book Value per Sharefor the quarter that ended in Mar. 2024 was $23.26. Hence, Berkshire Hills Bancorp's P/B Ratio of today is 1.00.


Berkshire Hills Bancorp Price-to-Tangible-Book Historical Data

The historical data trend for Berkshire Hills Bancorp's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Berkshire Hills Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 0.77 1.22 1.45 1.10

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
Price-to-Tangible-Book 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 1.14 0.96 0.94 1.10 1.00

Competitive Comparison of Berkshire Hills Bancorp's Price-to-Tangible-Book

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

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

* The bar in red indicates where Berkshire Hills Bancorp's Price-to-Tangible-Book falls into.



Berkshire Hills Bancorp Price-to-Tangible-Book Calculation

Berkshire Hills Bancorp's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=23.28/22.837
=1.02

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Berkshire Hills Bancorp Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Berkshire Hills Bancorp's Price-to-Tangible-Book 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