Berkshire Hills Bancorp, Inc. (NASDAQ:BHLB)
A holding company for Berkshire Bank. The Bank is a full service community bank offering an array of business and consumer banking products and services.
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Recs
Equity-to Assets ratio is strong at around 14. Their non-performing assets is below 1%. The book value estimates this stock at around $27! Plus, S & L's pay dividends, which is always a positive.
Recs
This stalwart regional bank got dragged down in the muck by its bigger cousins during this recession, which happened to coincide with an acquisition that gave BHLB some heartburn. The stock has slipped over the past year as the firm has focused on digesting it's recent acquisition and getting over some pretty nasty write downs. However, with those days behind the company it is well positioned to be a performer as long as no more toxic assets are suddenly revealed.
Recs
In anticipation of the eventual rebound of the financial sector. A little early for bottom feeding, but I am just indiscriminately putting all stocks that are tagged S&L.
Recs
Calling bottom. Bank is competitive in a tough market. Numbers are all fine and survived 07 without being roughed up to bad. Moved into a position as a regional bank, seems to be competitive and amassing value rather than increasing dividends. Not a bad plan for long term expansion and solidifying the financials although I am sure current shareholders want to know why they are not getting theirs.
Recs
Shares of this bank have been stagnant for the past 4 years. The analysts rate it as underperforming the mean of the S
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