The earnings call highlighted several positive outcomes, including strong financial performance, cost efficiency improvements, and successful strategic initiatives. The merger with Brookline Bancorp is also expected to enhance profitability. However, there were some challenges with increased nonperforming loans and charge-offs in the C&I segment. Overall, the positive highlights significantly outweigh the lowlights.

Company Guidance

During the Berkshire Hills Bancorp Second Quarter Earnings Call, the company provided a comprehensive overview of its financial performance and strategic initiatives for the quarter. Key metrics highlighted included an operating net income of $31.6 million, a 14% increase from the previous quarter and a 36% increase year-over-year. The operating earnings per share were reported at $0.69, marking a 15% rise from the first quarter and a 25% increase year-over-year. Operating expenses were reduced to $67 million, reflecting a 2% decrease from the previous quarter and a 7% reduction year-over-year, contributing to a positive operating leverage of 5% quarter-over-quarter and 11% year-over-year. The net interest margin improved by 3 basis points to 3.27%. Asset quality remained strong, with net charge-offs and nonperforming loans at 14 basis points and 27 basis points of loans, respectively. The company also reported strategic progress, including the accumulation of over $100 million in new deposits through its digital deposit program. Additionally, the anticipated Merger of Equals with Brookline Bancorp is expected to significantly enhance profitability, with projected accretions of 40% and 23% to Berkshire's 2026 consensus estimate on a GAAP and cash basis, respectively.

Record Operating Net Income

Operating net income for the quarter was $31.6 million, up 14% linked quarter and 36% year-over-year.

Operating Earnings per Share Growth

Operating earnings per share increased to $0.69, up 15% from the first quarter and 25% year-over-year.

Cost Efficiency Improvements

Operating expenses decreased to $67 million, down 2% linked quarter and 7% year-over-year, contributing to a positive operating leverage of 5% linked quarter and 11% year-over-year.

Strong Asset Quality

Net charge-offs and nonperforming loans remained low at 14 basis points and 27 basis points of loans, respectively.

Digital Deposit Program Success

The new digital deposit program delivered over $100 million of new deposits since its inception earlier this year.

Recognition from Time Magazine

Berkshire was recognized by Time Magazine as one of the top-performing midsized U.S. companies in 2025.

Merger with Brookline Bancorp

The merger is expected to improve scale and profitability, with estimated 40% and 23% accretion to Berkshire's 2026 consensus estimate on GAAP and cash basis, respectively.

Berkshire Hills (BHLB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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BHLB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 16, 2025	2025 (Q3)	0.64 / -	0.58	―	―	―
Jul 24, 2025	2025 (Q2)	0.59 / 0.69	0.55	25.45% (+0.14)
Apr 24, 2025	2025 (Q1)	0.53 / 0.60	0.49	22.45% (+0.11)
Jan 30, 2025	2024 (Q4)	0.55 / 0.60	0.47	27.66% (+0.13)
Oct 24, 2024	2024 (Q3)	0.55 / 0.58	0.5	16.00% (+0.08)
Jul 18, 2024	2024 (Q2)	0.52 / 0.55	0.55	0.00% (0.00)
Apr 18, 2024	2024 (Q1)	0.47 / 0.49	0.63	-22.22% (-0.14)
Jan 25, 2024	2023 (Q4)	0.49 / 0.47	0.64	-26.56% (-0.17)
Oct 20, 2023	2023 (Q3)	0.49 / 0.50	0.62	-19.35% (-0.12)
Jul 20, 2023	2023 (Q2)	0.57 / 0.55	0.51	7.84% (+0.04)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

BHLB Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	$26.05	$25.57	-1.84%
Apr 24, 2025	$23.97	$24.74	+3.21%
Jan 30, 2025	$28.01	$28.56	+1.96%
Oct 24, 2024	$26.79	$26.61	-0.67%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Berkshire Hills Bancorp (BHLB) report earnings?

Berkshire Hills Bancorp (BHLB) is schdueled to report earning on Oct 16, 2025, After Close (Confirmed).

What is Berkshire Hills Bancorp (BHLB) earnings time?

Berkshire Hills Bancorp (BHLB) earnings time is at Oct 16, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is BHLB EPS forecast?

BHLB EPS forecast for the fiscal quarter 2025 (Q3) is 0.64.

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