The earnings call highlighted a strong financial performance with significant increases in net income and earnings per share, effective expense management, and successful strategic initiatives such as the digital deposit program. However, challenges in SBA loan gains and an increase in C&I nonperformers were noted. Despite these challenges, the overall sentiment is positive due to the outweighing highlights and strategic positioning for future growth.

Company Guidance -

Q3 2025

During the Berkshire Hills Bancorp Second Quarter Earnings Call, the leadership team shared a robust financial performance for the quarter. Operating net income reached $31.6 million, marking a 14% increase from the previous quarter and a 36% rise year-over-year. The operating earnings per share climbed to $0.69, reflecting a 15% quarterly increase and a 25% year-over-year growth. Operating expenses were reduced to $67 million, down 2% quarterly and 7% year-over-year, contributing to a positive operating leverage of 5% quarter-over-quarter and 11% year-over-year. The bank maintained strong asset quality, with net charge-offs and nonperforming loans at 14 basis points and 27 basis points, respectively. The net interest margin improved by 3 basis points to 3.27%, while average loans grew by $95 million or 1% quarter-over-quarter and $327 million or 4% year-over-year. Additionally, the merger with Brookline Bancorp is expected to enhance scale and profitability, with anticipated accretion of 40% on a GAAP basis and 23% on a cash basis for 2026. The team is working towards a cost-savings goal of 12.6% for the combined entity, awaiting regulatory approval with a target closing by the end of September.

Strong Financial Performance

Operating net income of $31.6 million, up 14% linked quarter and up 36% year-over-year. Operating earnings per share of $0.69, up 15% from first quarter and up 25% year-over-year.

Expense Management

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

Asset Quality and Balance Sheet Strength

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

Digital Deposit Program Success

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

Merger of Equals with Brookline Bancorp

The transaction 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.

Recognition and Awards

Berkshire Hills Bancorp was recognized by Time Magazine among the top-performing midsized U.S. companies in 2025.

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

Daily Earnings Calendar >

BHLB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 16, 2025	2025 (Q3)	0.62 / -	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	$26.23	$25.75	-1.83%
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%

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 0.62.

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