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Berkshire Hills Bancorp, Inc. operates as a bank holding company for Berkshire Bank and Berkshire Insurance Group, Inc. The firm offers deposit, lending, insurance, and wealth management products to retail and commercial customers in its market areas. It aims to expand and deepen market share and wallet share through organic growth and acquisition strategies. The company was founded in June 2000 and is headquartered in Boston, MA.
The stock in question is still trading at a relatively low valuation, and management has put a transformation plan in place -- but a lot of questions remain.
One of the bank's larger shareholders sent a letter to the bank's board of directors, asking for more transparency around its decision-making.
BHLB earnings call for the period ending September 30, 2021.
BHLB earnings call for the period ending June 30, 2021.
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