Berkshire Hills and Brookline Announce Merger Formation

The latest update is out from Berkshire Hills ( (BHLB) ).

On August 6, 2025, Berkshire Hills Bancorp and Brookline Bancorp announced their merger, forming Beacon Financial Corporation, which will be listed on the NYSE under the ticker ‘BBT’. The merger, expected to close in Q3 2025, aims to create a strong financial institution with a broad footprint and a commitment to stakeholders, with the combined bank operating under the Beacon Bank brand.

The most recent analyst rating on (BHLB) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Berkshire Hills stock, see the BHLB Stock Forecast page.

Spark’s Take on BHLB Stock

According to Spark, TipRanks’ AI Analyst, BHLB is a Outperform.

Berkshire Hills’ strong financial performance and positive earnings call sentiment drive the score. Despite technical analysis indicating bearish trends, the stock’s valuation and strategic corporate actions provide support for future growth.

To see Spark’s full report on BHLB stock, click here.

More about Berkshire Hills

Berkshire Hills Bancorp, Inc. is the parent company of Berkshire Bank, a community-focused bank offering a range of financial services in New England and New York. Brookline Bancorp, Inc. operates Brookline Bank, Bank Rhode Island, and PCSB Bank, providing commercial and retail banking services in Massachusetts, Rhode Island, and New York.

Average Trading Volume: 465,402

Technical Sentiment Signal: Hold

Current Market Cap: $1.15B

For detailed information about BHLB stock, go to TipRanks’ Stock Analysis page.