Berkshire Hills Bancorp-Berkshire Hills (BHLB) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Berkshire Hills Bancorp (BHLB) reported revenue of $110.02 million for the quarter ended December 2024, a decrease of 12.3% year-over-year, but exceeded the Zacks Consensus Estimate of$ 104.59 million by 5.19% [1] - The company's EPS was $0.60, an increase from$ 0.47 in the same quarter last year, surpassing the consensus estimate of $0.54 by 11.11% [1] Financial Performance Metrics - Efficiency Ratio was reported at 62.4%, better than the estimated 65.9% by analysts [4] - Net interest margin (FTE) was 3.1%, slightly below the average estimate of 3.2% [4] - Average balance of total earning assets was$ 11.08 billion, compared to the estimated $11.18 billion [4] - Total non-interest income reached$ 23.33 million, exceeding the average estimate of $20.41 million [4] - Net interest income was reported at$ 86.86 million, slightly above the estimated $86.74 million [4] Stock Performance - Shares of Berkshire Hills have returned +0.5% over the past month, while the Zacks S&P 500 composite increased by +1.2% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]