The earnings call highlighted strong financial performance with significant improvements in net income, operating leverage, and asset quality. The successful digital deposit initiative and strategic merger plans further contributed to the positive outlook. However, concerns about declining noninterest income and uncertainty in the economic environment were noted. Overall, the positive highlights outweigh the lowlights.

Company Guidance -

Q2 2025

During the Berkshire Hills Bancorp First Quarter 2025 Earnings Conference Call, the company reported robust financial metrics, highlighting an operating net income of $27.6 million, which marked a 6% increase quarter-over-quarter and a 32% increase year-over-year. The earnings per share remained stable at $0.60 compared to the fourth quarter but showed a 22% rise year-over-year. The operating expenses were reduced to $68 million, reflecting a 4% decrease from the prior quarter and a 6% decline year-over-year, thereby resulting in a positive operating leverage of 5% quarter-over-quarter and 11% year-over-year. The operating ROTCE was reported at 9.66%, which was a decline of 27 basis points quarter-over-quarter but an increase of 93 basis points year-over-year. Asset quality metrics were strong, with net charge-offs at 15 basis points of loans, and the reserve to loans ratio increased by 2 basis points to 1.24%. Additionally, total delinquencies and nonperforming loans were at 42 basis points of loans, the lowest in two decades. The loan-to-deposit ratio stood at 5%, illustrating a 1% decrease from the previous quarter. The company's strategic digital deposit initiative garnered $75 million in new deposits, and the nonstrategic runoff portfolios were reduced by 76% year-over-year to $34 million. The anticipated merger with Brookline Bancorp is expected to result in a 23% accretion to Berkshire's 2026 consensus estimate, and integration planning is underway.

Strong Operating Net Income Growth

Operating net income for the quarter was $27.6 million, up 6% linked quarter and 32% year over year.

Positive Operating Leverage

Positive operating leverage of 5% linked quarter and 11% year over year due to improved revenues and declining expenses.

Asset Quality Metrics

Total delinquencies and nonperforming loans were at 42 basis points of loans, the lowest level in about twenty years.

Digital Deposit Initiative Success

The digital deposit initiative gained momentum, delivering approximately $75 million in new deposits.

Merger with Brookline Bancorp

The merger of equals with Brookline Bancorp is expected to improve scale and profitability, with an estimated 23% accretion to Berkshire's 2026 consensus estimate.

Improved Net Interest Margin

Net interest margin was 3.24%, up 10 basis points linked quarter.

Operating Expenses Reduction

Operating expenses were down $3.1 million or 4% linked quarter and $4.5 million or 6% year over year.

Recognition as a Trustworthy Bank

Berkshire Hills Bancorp was recognized as one of the most trustworthy banks in America by Newsweek for the fourth consecutive year.

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
Jul 16, 2025	2025 (Q2)	0.59 / -	0.55	―	―	―
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)
Apr 20, 2023	2023 (Q1)	0.64 / 0.63	0.43	46.51% (+0.20)

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
Apr 24, 2025	$24.14	$24.91	+3.19%
Jan 30, 2025	$28.20	$28.75	+1.95%
Oct 24, 2024	$26.98	$26.79	-0.70%
Jul 18, 2024	$26.28	$26.44	+0.61%

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 Jul 16, 2025, After Close (Confirmed).

What is Berkshire Hills Bancorp (BHLB) earnings time?

Berkshire Hills Bancorp (BHLB) earnings time is at Jul 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 (Q2) is 0.59.

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