)
Visual
test
Berkshire Hills Bancorp
Berkshire Hills Bancorp (BHLB) investor relations material
Berkshire Hills Bancorp has been acquired
Berkshire Hills Bancorp Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary30 Oct, 2025
Executive summary
Completed a merger of equals between Brookline and Berkshire, forming a premier Northeast financial services company with total assets of $22.8 billion as of September 30, 2025, and significant growth in loans, deposits, and equity.
Q3 2025 net loss of $56.3 million, driven by $129.8 million in one-time merger-related costs, but operating earnings were $38.5 million, or $0.44 per share, excluding these charges.
Integration is progressing as planned, with full system conversion and brand rollout expected in early 2026.
Strong retention of client-facing talent and positive team morale post-merger.
Merger accounted for as a reverse merger, with assets and liabilities marked to market as of September 1, 2025.
Financial highlights
Net interest income for Q3 2025 was $132.6 million, up 49% sequentially and 60% year-over-year, with net interest margin improving to 3.72%.
Non-interest income nearly doubled year-over-year to $12.3 million, driven by deposit fees, loan fees, and wealth management fees.
Non-interest expense increased to $129.3 million in Q3 2025, including $45.9 million in merger and restructuring costs.
Provision for credit losses rose to $87.5 million in Q3 2025, mainly due to the merger.
Quarterly dividend declared at $0.3225 per share, with a 5.40% yield.
Outlook and guidance
Net interest margin guidance of 3.90–4.00%, with management expecting stability in the near term and sensitivity to future Federal Reserve rate cuts.
Credit costs anticipated to trend lower, ranging from $5–9 million per quarter.
Targeting mid-single-digit growth in interest-earning assets and modest fee income growth.
Integration and system conversion progressing as planned, with full brand rollout expected in early 2026.
Effective tax rate estimated at 26% for 2026, excluding merger/restructuring charges.
Detail expected charge-offs from troubled assets
Capital deployment priorities given CRE target
Path to target operating expense run rate
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 6 FebJOUT
Net sales up 31%, gross margin at 36.6%, and net loss narrowed to $3.3 million. - 6 FebPECO
Record 2025 occupancy and 7% Core FFO growth; 2026 targets 5.5% FFO growth and strong acquisitions. - 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRINet loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high.
- 6 FebCRINet loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway.
- 6 FebEMBASSY
Record revenue, NOI, and distributions highlight strong growth and robust segment performance. - 6 FebCRIRevenue fell and losses deepened, but ESA contracts and R&D projects drive future prospects.
Berkshire Hills Bancorp
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides various banking products and services. It offers various deposit products, including checking, savings, money market deposit, time deposit, individual retirement, and business accounts, as well as certificates of deposit. The company also provides commercial lending products; residential mortgage loans; consumer loans comprising automobile loans, personal lines of credit, home equity lines of credit, personal installment loans, overdraft lines of credit; trust and investment management services; investment advisory services; and retail brokerage services.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage