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BHLB (Berkshire Hills Bancorp) Gross-Profit-to-Asset % : 3.68% (As of Dec. 2024)


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What is Berkshire Hills Bancorp Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Berkshire Hills Bancorp's annualized Gross Profit for the quarter that ended in Dec. 2024 was $439.9 Mil. Berkshire Hills Bancorp's average Total Assets over the quarter that ended in Dec. 2024 was $11,939.0 Mil. Therefore, Berkshire Hills Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 3.68%.


Berkshire Hills Bancorp Gross-Profit-to-Asset % Historical Data

The historical data trend for Berkshire Hills Bancorp's Gross-Profit-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 Gross-Profit-to-Asset % Chart

Berkshire Hills Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.93 3.13 3.56 3.42 3.11

Berkshire Hills Bancorp Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross-Profit-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 2.61 1.81 3.57 3.68 3.68

Competitive Comparison of Berkshire Hills Bancorp's Gross-Profit-to-Asset %

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

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

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



Berkshire Hills Bancorp Gross-Profit-to-Asset % Calculation

Berkshire Hills Bancorp's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=383.759/( (12430.821+12273.408)/ 2 )
=383.759/12352.1145
=3.11 %

Berkshire Hills Bancorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=439.948/( (11604.562+12273.408)/ 2 )
=439.948/11938.985
=3.68 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Berkshire Hills Bancorp Gross-Profit-to-Asset % Related Terms

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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 provides Commercial Banking, Retail Banking, Consumer Lending, Private Banking and Wealth Management services.
Executives
Ellen Tulchiner officer: EVP,Head of Cnsmr Lndng&Pymnts 24 NORTH STREET, PITTSFIELD MA 01201
Nitin J. Mhatre director, officer: President and CEO 24 NORTH STREET, PITTSFIELD MA 01201
Baye Adofo-wilsin director 24 NORTH STREET, PITTSFIELD MA 01201
Michael Zaitzeff director C/O HOLDCO ASSET MANAGEMENT, LP, 441 LEXINGTON AVENUE, 15TH FLOOR, NEW YORK NY 10017
Mary Anne Callahan director 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
Ashlee Picard Flores officer: EVP -Chief Compliance Officer 24 NORTH STREET, PITTSFIELD MA 01201
R David Rosato officer: SEVP - Chief Financial Officer 24 NORTH STREET, PITTSFIELD MA 01201
Brett Brbovic officer: Sr Managing Dir and CAO 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