Berkshire Hills Bancorp Inc (BHLB) - Net Assets
Based on the latest financial reports, Berkshire Hills Bancorp Inc (BHLB) has net assets worth $1.22 Billion USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.03 Billion) and total liabilities ($10.81 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Berkshire Hills Bancorp Inc (BHLB) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.22 Billion |
| % of Total Assets | 10.16% |
| Annual Growth Rate | 10.88% |
| 5-Year Change | -1.71% |
| 10-Year Change | 31.59% |
| Growth Volatility | 26.85 |
Berkshire Hills Bancorp Inc - Net Assets Trend (1999–2024)
This chart illustrates how Berkshire Hills Bancorp Inc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Berkshire Hills Bancorp Inc for the complete picture of this company's asset base.
Annual Net Assets for Berkshire Hills Bancorp Inc (1999–2024)
The table below shows the annual net assets of Berkshire Hills Bancorp Inc from 1999 to 2024. For live valuation and market cap data, see BHLB market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.17 Billion | +15.33% |
| 2023-12-31 | $1.01 Billion | +6.10% |
| 2022-12-31 | $954.06 Million | -19.31% |
| 2021-12-31 | $1.18 Billion | -0.45% |
| 2020-12-31 | $1.19 Billion | -32.46% |
| 2019-12-31 | $1.76 Billion | +13.24% |
| 2018-12-31 | $1.55 Billion | +3.79% |
| 2017-12-31 | $1.50 Billion | +36.86% |
| 2016-12-31 | $1.09 Billion | +23.23% |
| 2015-12-31 | $887.19 Million | +25.08% |
| 2014-12-31 | $709.29 Million | +4.61% |
| 2013-12-31 | $678.06 Million | +1.62% |
| 2012-12-31 | $667.26 Million | +20.92% |
| 2011-12-31 | $551.81 Million | +41.98% |
| 2010-12-31 | $388.65 Million | +1.06% |
| 2009-12-31 | $384.58 Million | -5.84% |
| 2008-12-31 | $408.43 Million | +24.96% |
| 2007-12-31 | $326.84 Million | +26.60% |
| 2006-12-31 | $258.16 Million | +4.92% |
| 2005-12-31 | $246.07 Million | +86.79% |
| 2004-12-31 | $131.74 Million | +5.03% |
| 2003-12-31 | $125.43 Million | +2.24% |
| 2002-12-31 | $122.68 Million | -13.88% |
| 2001-12-31 | $142.45 Million | -11.70% |
| 2000-12-31 | $161.32 Million | +82.59% |
| 1999-12-31 | $88.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Berkshire Hills Bancorp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 104.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $562.00K | 0.05% |
| Other Comprehensive Income | $-106.34 Million | -9.11% |
| Other Components | $1.28 Billion | 109.32% |
| Total Equity | $1.17 Billion | 100.00% |
Berkshire Hills Bancorp Inc Competitors by Market Cap
The table below lists competitors of Berkshire Hills Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elecon Engineering Company Limited
NSE:ELECON
|
$1.23 Billion |
|
Guizhou Zhenhua E chem Inc
SHG:688707
|
$1.23 Billion |
|
Alphamin Resources Corp.
JSE:APH
|
$1.23 Billion |
|
Guilin Sanjin Pharmaceutical Co Ltd
SHE:002275
|
$1.23 Billion |
|
Prospect Capital Corporation
NASDAQ:PSEC
|
$1.23 Billion |
|
Adriatic Metals Plc
F:3FN
|
$1.23 Billion |
|
Hangzhou Raycloud Technology Co Ltd
SHG:688365
|
$1.23 Billion |
|
Black Box Limited
NSE:BBOX
|
$1.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Berkshire Hills Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,012,221,000 to 1,167,424,000, a change of 155,203,000 (15.3%).
- Net income of 61,003,000 contributed positively to equity growth.
- Dividend payments of 30,940,000 reduced retained earnings.
- Share repurchases of 17,536,000 reduced equity.
- New share issuances of 100,000,000 increased equity.
- Other comprehensive income increased equity by 36,673,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $61.00 Million | +5.23% |
| Dividends Paid | $30.94 Million | -2.65% |
| Share Repurchases | $17.54 Million | -1.5% |
| Share Issuances | $100.00 Million | +8.57% |
| Other Comprehensive Income | $36.67 Million | +3.14% |
| Other Changes | $6.00 Million | +0.51% |
| Total Change | $- | 15.33% |
Book Value vs Market Value Analysis
This analysis compares Berkshire Hills Bancorp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.97x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.84x to 0.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $14.38 | $26.50 | x |
| 2000-12-31 | $24.64 | $26.50 | x |
| 2001-12-31 | $21.11 | $26.50 | x |
| 2002-12-31 | $20.39 | $26.50 | x |
| 2003-12-31 | $21.57 | $26.50 | x |
| 2004-12-31 | $22.99 | $26.50 | x |
| 2005-12-31 | $32.80 | $26.50 | x |
| 2006-12-31 | $29.57 | $26.50 | x |
| 2007-12-31 | $34.88 | $26.50 | x |
| 2008-12-31 | $37.85 | $26.50 | x |
| 2009-12-31 | $29.16 | $26.50 | x |
| 2010-12-31 | $27.92 | $26.50 | x |
| 2011-12-31 | $30.74 | $26.50 | x |
| 2012-12-31 | $29.88 | $26.50 | x |
| 2013-12-31 | $27.16 | $26.50 | x |
| 2014-12-31 | $28.54 | $26.50 | x |
| 2015-12-31 | $31.06 | $26.50 | x |
| 2016-12-31 | $35.08 | $26.50 | x |
| 2017-12-31 | $37.69 | $26.50 | x |
| 2018-12-31 | $33.59 | $26.50 | x |
| 2019-12-31 | $35.58 | $26.50 | x |
| 2020-12-31 | $23.63 | $26.50 | x |
| 2021-12-31 | $23.86 | $26.50 | x |
| 2022-12-31 | $20.78 | $26.50 | x |
| 2023-12-31 | $23.27 | $26.50 | x |
| 2024-12-31 | $27.30 | $26.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Berkshire Hills Bancorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.44%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 10.51x
- Recent ROE (5.23%) is above the historical average (3.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 6.36% | 8.96% | 0.07x | 9.53x | $-3.21 Million |
| 2000 | 2.84% | 6.05% | 0.07x | 6.27x | $-11.55 Million |
| 2001 | 6.40% | 10.59% | 0.08x | 7.40x | $-5.02 Million |
| 2002 | 1.47% | 2.28% | 0.07x | 8.70x | $-10.26 Million |
| 2003 | 7.28% | 12.80% | 0.06x | 9.89x | $-3.35 Million |
| 2004 | 8.74% | 16.72% | 0.05x | 9.95x | $-1.66 Million |
| 2005 | 3.34% | 8.01% | 0.05x | 8.27x | $-16.38 Million |
| 2006 | 4.36% | 8.66% | 0.06x | 8.33x | $-14.55 Million |
| 2007 | 4.14% | 8.64% | 0.06x | 7.69x | $-19.15 Million |
| 2008 | 5.45% | 13.50% | 0.06x | 6.53x | $-18.60 Million |
| 2009 | -4.18% | -11.12% | 0.05x | 7.02x | $-54.53 Million |
| 2010 | 3.57% | 9.76% | 0.05x | 7.43x | $-24.94 Million |
| 2011 | 3.14% | 9.97% | 0.04x | 7.23x | $-37.83 Million |
| 2012 | 4.97% | 14.43% | 0.04x | 7.94x | $-33.54 Million |
| 2013 | 6.07% | 15.71% | 0.05x | 8.37x | $-26.66 Million |
| 2014 | 4.76% | 13.24% | 0.04x | 9.17x | $-37.18 Million |
| 2015 | 5.58% | 16.43% | 0.04x | 8.83x | $-39.20 Million |
| 2016 | 5.37% | 17.00% | 0.04x | 8.38x | $-50.66 Million |
| 2017 | 3.69% | 12.88% | 0.04x | 7.73x | $-94.38 Million |
| 2018 | 6.81% | 19.59% | 0.04x | 7.86x | $-49.53 Million |
| 2019 | 5.54% | 16.46% | 0.04x | 7.52x | $-78.41 Million |
| 2020 | -44.88% | -112.25% | 0.04x | 10.81x | $-651.79 Million |
| 2021 | 10.04% | 28.30% | 0.04x | 9.77x | $420.50K |
| 2022 | 9.70% | 20.28% | 0.04x | 12.22x | $-2.87 Million |
| 2023 | 6.88% | 11.24% | 0.05x | 12.28x | $-31.62 Million |
| 2024 | 5.23% | 9.44% | 0.05x | 10.51x | $-55.74 Million |
Industry Comparison
This section compares Berkshire Hills Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $552,557,300
- Average return on equity (ROE) among peers: 11.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Berkshire Hills Bancorp Inc (BHLB) | $1.22 Billion | 6.36% | 8.85x | $1.23 Billion |
| Ameris Bancorp (ABCB) | $1.46 Billion | 8.31% | 6.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $5.70 Billion |
| ACNB Corporation (ACNB) | $74.01 Million | 9.97% | 11.77x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $129.12 Million | 4.21% | 5.71x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $153.31 Million | 13.22% | 8.01x | $647.19 Million |
| Amalgamated Bank (AMAL) | $535.82 Million | 8.62% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $72.29 Million | 17.85% | 12.85x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.02 Billion | 12.80% | 9.17x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $65.10 Million | 11.83% | 10.90x | $62.60 Million |
About Berkshire Hills Bancorp Inc
Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides commercial and retail banking consumer lending, private banking and wealth management services in the United States. The company provides various deposit accounts, including demand deposit, interest-bearing checking, regular savings, money market savings, time certificates of deposit, and retiremen… Read more