Berkshire Hills Bancorp (Berkshire Hills Bancorp) Momentum Rank : 7 (As of May. 21, 2024)

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What is Berkshire Hills Bancorp Momentum Rank?

Berkshire Hills Bancorp has the Momentum Rank of 7.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Berkshire Hills Bancorp's Momentum Rank

For the Banks - Regional subindustry, Berkshire Hills Bancorp's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Berkshire Hills Bancorp's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Berkshire Hills Bancorp's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Berkshire Hills Bancorp's Momentum Rank falls into.

Berkshire Hills Bancorp Momentum Rank Related Terms

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Berkshire Hills Bancorp (Berkshire Hills Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Berkshire Hills Bancorp Inc (NYSE:BHLB) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

4I9:Germany

Address

60 State Street, Boston, MA, USA, 02109

Website

https://www.berkshirebank.com

Berkshire Hills Bancorp Inc is a holding company. It offers deposit, lending, investment, wealth management, and insurance services.

Executives

Mary Anne Callahan	director	24 NORTH STREET, PITTSFIELD MA 01201
Nitin J. Mhatre	director, officer: President and CEO	24 NORTH STREET, PITTSFIELD MA 01201
Karyn Polito	director	24 NORTH STREET, PITTSFIELD MA 01201
Jacqueline Courtwright	officer: EVP,Chief HR & Culture Officer	24 NORTH STREET, PITTSFIELD MA 01201
Kevin Conn	officer: SVP, Investors & Corp. Devel	24 NORTH STREET, PITTSFIELD MA 01201
Eric S Rosengren	director	24 NORTH STREET, PITTSFIELD MA 01201
Brett Brbovic	officer: Sr Managing Dir and CAO	24 NORTH STREET, PITTSFIELD MA 01201
R David Rosato	officer: SEVP - Chief Financial Officer	24 NORTH STREET, PITTSFIELD MA 01201
Ashlee Picard Flores	officer: EVP -Chief Compliance Officer	24 NORTH STREET, PITTSFIELD MA 01201
James Cannon Brown	officer: SEVP-Head of Comm'l Banking	24 NORTH STREET, PITTSFIELD MA 01201
Philip Jurgeleit	officer: EVP - Chief Credit Officer	24 NORTH STREET, PITTSFIELD MA 01201
Wm Gordon Prescott	officer: SEVP and General Counsel	24 NORTH STREET, PITTSFIELD MA 01201
Michael Zaitzeff	director	C/O HOLDCO ASSET MANAGEMENT, LP, 441 LEXINGTON AVENUE, 15TH FLOOR, NEW YORK NY 10017
Hughes William H Iii	director	24 NORTH STREET, PITTSFIELD MA 01201
Mihir A. Desai	director	24 NORTH STREET, PITTSFIELD MA 01201