Name | Value |
---|---|
Revenues | 119.2M |
Cost of Revenue | 53.3M |
Gross Profit | 65.9M |
Operating Expense | 23.0M |
Operating I/L | -19.8M |
Other Income/Expense | -26.5M |
Interest Income | -32.6M |
Pretax | -26.5M |
Income Tax Expense | -6.3M |
Net Income/Loss | -20.2M |
Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank, offering a range of banking products and services. Its offerings include deposit accounts, loans, wealth management services, investment products, and electronic banking services. The company generates revenue through interest income from loans, fees from wealth management and investment services, as well as electronic fee producing payment services. It serves personal, commercial, non-profit, and municipal deposit customers through its network of branches and commercial banking offices in several states.