Berkshire Hills Bancorp, Inc. Common Stock (BHLB)

Banks play a critical role in the financial system, providing everything from commercial loans to wealth management and payment processing services. Still, investors are uneasy as banks face challenges from credit quality concerns and potential regulatory changes. These doubts have caused the industry to lag recently as banking stocks have collectively shed 10.1% over the past six months. This drawdown was disheartening since the S&P 500 held its ground.

BHLB stock results show that Berkshire Hills Bancorp beat analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.

BHLB stock results show that Berkshire Hills Bancorp beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.

Companies Reporting Before The Bell • Addex Therapeutics (NASDAQ:ADXN) is estimated to report earnings for its fourth quarter.

Arrow Financial Corporation's unit, Glens Falls National Bank, acquires Berkshire Bank branch in Whitehall, New York.

The Nasdaq Composite closed lower by around 0.2% on Monday. Investors, meanwhile, focused on some notable insider trades.

Companies Reporting Before The Bell • Berkshire Hills Bancorp (NYSE:BHLB) is expected to report quarterly earnings at $0.49 per share on revenue of $94.82 million.

Companies Reporting Before The Bell • Nokia (NYSE:NOK) is projected to report quarterly earnings at $0.15 per share on revenue of $7.05 billion.

Although US stocks closed higher on Tuesday, there were a few notable insider trades.

Companies Reporting Before The Bell • Taiwan Semiconductor (NYSE:TSM) is estimated to report quarterly earnings at $1.08 per share on revenue of $15.49 billion.