Berkshire Hills and Brookline Bancorp Merger Approved

Berkshire Hills ( (BHLB) ) has shared an announcement.

On August 25, 2025, Berkshire Hills Bancorp and Brookline Bancorp announced they have received all necessary regulatory approvals to proceed with their merger of equals, forming Beacon Financial Corporation. The merger, expected to close on September 1, 2025, will create a $24 billion regional banking franchise with over 145 branches in the Northeast. This merger aims to enhance operational strength and efficiency, benefiting clients, employees, and stockholders, with full integration into the Beacon Bank brand anticipated by early 2026.

The most recent analyst rating on (BHLB) stock is a Buy with a $29.00 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 Bancorp’s overall stock score of 77 reflects its strong financial performance, attractive valuation, and positive corporate events. The company’s robust earnings call and strategic initiatives further bolster its position. However, technical indicators suggest caution, with mixed signals on momentum and resistance levels.

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 financial expertise in New England and New York, with $12 billion in assets and 83 branches. Brookline Bancorp, Inc., headquartered in Boston, operates Brookline Bank, Bank Rhode Island, and PCSB Bank, providing commercial and retail banking services in Massachusetts, Rhode Island, and the Lower Hudson Valley of New York with $11.6 billion in assets.

Average Trading Volume: 450,776

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.24B

Find detailed analytics on BHLB stock on TipRanks’ Stock Analysis page.