Berkshire Hills Bancorp (BHLB)

Overall impact
C (41)

Commentary

Berkshire Hills Bancorp is an average overall performer. With a 'C' rating of 40.8 for overall impact (bottom 25% of all companies), Berkshire Hills Bancorp ranks 64th out of 76 industry peers, behind Eagle Financial Bancorp, County Bancorp, First Capital and 60 others, and ahead of Northwest Bancshares, Flagstar Bancorp, HomeStreet and 9 others. On top material causes for Berkshire Hills Bancorp's industry (Banking), Berkshire Hills Bancorp performs poorly in Arts and Culture Access (36.4 score), Racial Justice and Civil Rights (0.0), Quality Lifelong Education (25.0) and 9 other causes where it received a 'D' or 'F' score. Berkshire Hills Bancorp did not receive an 'A' rating on any cause.
Impact
Cause BHLB
Peer rank
Overall impact

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Company
Founded
1844
Employees
1,158
Sector
Financials
Industry
Banks
Sub-industry
Specialized Finance
SASB industry
Commercial Banks
Headquarters
Ma, United States
Share classes
BHLB
Description
Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides commercial and retail banking consumer lending, private banking, and wealth management services in the United States. The company provides various deposit accounts, including demand deposit, interest-bearing checking, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts. It offers loans, such as commercial real estate, commercial and industrial, residential mortgage, and consumer loans, as well as residential mortgages and commercial loan participations; and revolving loans, lines of credit, letters of credit, time notes, and SBA guaranteed loans. In addition, the company provides wealth management services comprising consultative investment management, trust administration, tax return preparation, and financial planning; and investment products and brokerage services. Further, it offers commercial cash management; online banking and mobile banking; overdraft program; and debit cards and other electronic fee producing payment services to transaction account customers, as well as operates a commercial payment processing business. It serves its products to personal, commercial, non-profit, and municipal deposit customers. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.
Material causes
Ethos considers the following causes material for Berkshire Hills Bancorp, based on its industry sub-industry Specialized Finance. Learn more about material causes in our methodology overview.

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