(USD) | Dec 2023 | Q/Q |
---|---|---|
Revenue | -251.8MM | -334% |
Operating Income | -90.2MM | -487% |
Operating Expenses | -143.5MM | -288% |
Net Income | -72.5MM | -471% |
Marketing | 1.1MM | -29% |
Compensation | 40.1MM | -0% |
Technology | 11.3MM | +7% |
Professional Service | 3.4MM | +41% |
Interest Expense | -83MM | -244% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Although the revenue and EPS for Berkshire Hills (BHLB) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Berkshire Hills (BHLB) delivered earnings and revenue surprises of 4.26% and 0.40%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported results for the first quarter of 2024. These results along with comparison periods are summarized below:
Evaluate the expected performance of Berkshire Hills (BHLB) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Berkshire Hills (BHLB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Based on the pace of deals through late March, the banking industry is on track for the most branch sales since 2021. Buyer interest has mounted alongside the need to acquire deposits, following hits to funding bases last year.
The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) first quarter 2024 earnings release and conference call are scheduled as follows:
Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a relationship-driven, community-focused bank with financial centers in New England and New York, is pleased to welcome Torrance Childs, former President of Private Banking at Boston Private Bank & Trust, to the Company as Chief Commercial Deposit Officer.
Readers hoping to buy Berkshire Hills Bancorp, Inc. ( NYSE:BHLB ) for its dividend will need to make their move...
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.18 per common share to shareholders of record at the close of business on March 21, 2024, payable on April 4, 2024.