Berkshire Hills Bancorp traded at $29.74 this Friday February 27th, decreasing $1.31 or 4.22 percent since the previous trading session. Looking back, over the last four weeks, Berkshire Hills Bancorp lost 5.54 percent. Over the last 12 months, its price rose by 4.39 percent. Looking ahead, we forecast Berkshire Hills Bancorp to be priced at 30.79 by the end of this quarter and at 28.02 in one year, according to Trading Economics global macro models projections and analysts expectations.
Berkshire Hills Bancorp, Inc. (Berkshire) is a holding company for Berkshire Bank (the Bank) and Berkshire Insurance Group, Inc. Berkshire offers a range of deposit, lending, insurance, and wealth management products to retail and commercial customers in its market areas. The Bank provides business and consumer banking, mortgage, wealth management, and investment services. The Bank's loan portfolio consists of commercial loans, which include residential mortgages, commercial real estate, commercial and industrial loans, and consumer loans. The Bank's securities available for sale include municipal bonds and obligations, mortgage-backed securities, and other bonds and obligations. The Bank also operates a socially responsible platform, Reevx Labs , to support emerging entrepreneurs, artists, and small non-profit organizations by providing them with the resources and connections. It operates approximately 115 banking offices primarily in New England and New York.