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U.S. RESEARCH ROUNDUP-Blackstone, Ellington Financial, Netflix

Wall Street analysts revise their ratings and price targets on several U.S.-listed companies. Blackstone, Ellington Financial, Netflix and Coca-Cola among companies with revised targets. AIG, Alphabet and others raise their target prices, while others cut their prices.

Reuters · 2h ago

Analysts Conflicted on These Financial Names: Berkshire Hills (BHLB), Bar Harbor Bankshares (BHB) and First Western Financial (MYFW)

Berkshire Hills, Bar Harbor Bankshares and First Western Financial have received a lot of coverage from analysts today. Berkshire Hills has a Hold rating from KBW, while First Western has a Buy rating. The Financial sector has been the subject of a number of analyst reports today.

TipRanks · 4h ago

Berkshire Hills Bancorp Publishes Investor Presentation Slides

TipRanks · 15h ago

BHLB Stock Earnings: Berkshire Hills Bancorp Beats EPS, Misses Revenue for Q1 2024

Berkshire Hills Bancorp reported earnings per share of 49 cents for the first quarter of 2024. The company reported revenue of $88.14 million. This was 0.98% worse than the analyst estimate for revenue. The bank reported results for the quarter.

Investorplace · 17h ago

Here's What Key Metrics Tell Us About Berkshire Hills (BHLB) Q1 Earnings

NASDAQ · 20h ago

Berkshire Hills Bancorp (BHLB) Q1 Earnings Beat Estimates

NASDAQ · 20h ago

Earnings Scheduled For April 18, 2024

Addex Therapeutics is estimated to report earnings for its fourth quarter. Nokia is likely to report quarterly earnings at $0.06 per share on revenue of $5.09 billion. Snap-on is projected to report Earnings Before The Bell. Other companies expected to report before and after the bell include Infosys and Nokia.

Benzinga · 21h ago

Berkshire Hills Bancorp Q1 2024 Adj EPS $0.49 Beats $0.47 Estimate, Revenue $88.140M Miss $89.010M Estimate

Berkshire Hills Bancorp reported quarterly earnings of $0.49 per share. The company reported quarterly sales of $88.140 million. The bank reported a 22.22 percent decrease in sales from the same period last year. The quarterly earnings beat the analyst consensus estimate by 4.26 percent.

Benzinga · 21h ago

Berkshire Hills Bancorp Non-GAAP EPS of $0.49 beats by $0.02, revenue of $55.54M misses by $47.27M

Berkshire Hills Bancorp, Inc. (BHLB) reports Q1 non-GAAP EPS of $0.49, revenue of $55.54M misses by $47.27M. The bank's revenue was down 51.3% Y/Y.

Seeking Alpha · 22h ago

*Berkshire Hills Bancorp 1Q Adj EPS 49c >BHLB

Dow Jones · 22h ago

BERKSHIRE HILLS BANCORP INC: SECURITIES SALE RESULTING IN $49.9 MLN NON-OPERATING CHARGE

Reuters · 22h ago

BERKSHIRE HILLS BANCORP INC: NET INTEREST INCOME TOTALED $88.1 MLN IN 1Q24

Reuters · 22h ago

*Berkshire Hills Bancorp 1Q Loss $20.2M >BHLB

Dow Jones · 22h ago

*Berkshire Hills Bancorp 1Q Loss/Shr 47c >BHLB

Dow Jones · 22h ago

Press Release: Berkshire Hills Reports First -3-

Losses, (millions) Net charge-offs are a measure of a company's ability to repay its debt. The company's net charge-off rate is less than 1% of the total value of its assets and liabilities. The company expects to make a profit on the sale of some of its non-performing assets in the future.

Dow Jones · 22h ago

Press Release: Berkshire Hills Reports First Quarter 2024 Results

Berkshire Hills Bancorp, Inc. Reports First Quarter 2024 Results. First quarter loss of $20 million, $0.47 per share. Securities sale of $362 million resulted in a $49.9 million net loss. Net loan charge-offs were 18 basis points.

Dow Jones · 22h ago

Berkshire Hills Reports First Quarter 2024 Results

Announces $362 Million Securities Sale First quarter loss of $20 million, ($0.47) per share Operating income of $21 million, $0.49 per share Securities sale of $362 million resulted in a $49.9 million net non-operating loss. Berkshire Hills Bancorp, Inc. Reported results for the first quarter of 2024.

PR Newswire · 22h ago

*Berkshire Hills Bancorp 1Q Rev $55.5M >BHLB

Dow Jones · 22h ago

Berkshire Hills: Q1 Earnings Snapshot

Berkshire Hills Bancorp Inc. Reports a first-quarter loss of $20.2 million. The bank reported a profit in the same period a year earlier. The results topped Wall Street expectations. Berkshire Hills shares have declined 17% since the beginning of the year.

Barchart · 1d ago

Berkshire Hills Bancorp Inc <BHLB.N> expected to post earnings of 47 cents a share - Earnings Preview

Berkshire Hills Bancorp Inc expected to post earnings of 47 cents a share. The company is expected to show a fall in quarterly revenue to $89.011 million from $97.53 million. The Boston Massachusetts-based company will report results on April 18 for the period ending March 31 2024.

Reuters · 2d ago

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About BHLB

Berkshire Hills Bancorp, Inc. is a holding company for Berkshire Bank (the Bank). The Bank provides commercial banking, retail banking, consumer lending, private banking and wealth management services. The Bank provides various loans, including commercial real estate, commercial and industrial loans, residential mortgages and consumer loans. The Bank originates commercial real estate loans on properties used for business purposes, such as retail, multifamily, office, healthcare, hospitality, industrial and manufacturing facilities. The Bank is engaged in prime home equity lending, following its conforming mortgage underwriting guidelines with streamlined verifications and documentation. The Bank offers fixed-rate and adjustable-rate residential mortgage loans. The Company's Wealth Management Group provides consultative investment management, trust administration, and financial planning to individuals, businesses, and institutions, with an emphasis on personal investment management.