Berkshire Hills Bancorp (FRA:4I9) Credit Losses Provision : €21.8 Mil (As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Berkshire Hills Bancorp Credit Losses Provision?

Berkshire Hills Bancorp's credit losses provision for the three months ended in Dec. 2024 was €5.7 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2024 was €21.8 Mil.

Berkshire Hills Bancorp's quarterly credit losses provision declined from Jun. 2024 (€6.0 Mil) to Sep. 2024 (€5.0 Mil) but then increased from Sep. 2024 (€5.0 Mil) to Dec. 2024 (€5.7 Mil).

Berkshire Hills Bancorp's annual credit losses provision increased from Dec. 2022 (€10.4 Mil) to Dec. 2023 (€29.3 Mil) but then declined from Dec. 2023 (€29.3 Mil) to Dec. 2024 (€22.9 Mil).

Berkshire Hills Bancorp Credit Losses Provision Historical Data

The historical data trend for Berkshire Hills Bancorp's Credit Losses Provision 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 Credit Losses Provision Chart

Berkshire Hills Bancorp Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Credit Losses Provision

Get a 7-Day Free Trial

62.37

-0.44

10.38

29.34

22.92

Berkshire Hills Bancorp Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Credit Losses Provision	Get a 7-Day Free Trial															5.52	6.04	4.96	5.73	5.09

Berkshire Hills Bancorp Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €21.8 Mil.

Berkshire Hills Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Berkshire Hills Bancorp Inc (FRA:4I9) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

BHLB:USA

Address

60 State Street, Boston, MA, USA, 02109

Website

https://www.berkshirebank.com

Berkshire Hills Bancorp Inc is a holding company. It provides Commercial Banking, Retail Banking, Consumer Lending, Private Banking and Wealth Management services.

Berkshire Hills Bancorp Headlines

No Headlines