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Nitin Mhatre Biography and Net Worth

CEO of Berkshire Hills Bancorp

Mr. Mhatre joined the Company as Chief Executive Officer and a director in January 2021. He was previously Executive Vice President, Community Banking at Webster Bank, where Mr. Mhatre was a member of Webster Bank's executive team and led its consumer and business banking businesses. Prior to joining Webster, he spent more than 13 years at Citi Group in various leadership roles across consumer-related businesses globally. Mr. Mhatre served on the Board of the Consumer Bankers Association headquartered in Washington D.C. since 2014 and was Chairman of the Board from 2019 to 2020. He also serves on the Board of Junior Achievement of Southwest New England headquartered in Hartford, CT.

What is Nitin J. Mhatre's net worth?: The estimated net worth of Nitin J. Mhatre is at least $1.21 million as of September 12th, 2023. Mr. Mhatre owns 58,030 shares of Berkshire Hills Bancorp stock worth more than $1,211,666 as of April 16th. This net worth evaluation does not reflect any other assets that Mr. Mhatre may own. Additionally, Mr. Mhatre receives a salary of $1,800,000.00 as CEO at Berkshire Hills Bancorp. Learn More about Nitin J. Mhatre's net worth.
How old is Nitin J. Mhatre?: Mr. Mhatre is currently 53 years old. There are 7 older executives and no younger executives at Berkshire Hills Bancorp. Learn More on Nitin J. Mhatre's age.
What is Nitin J. Mhatre's salary?: As the CEO of Berkshire Hills Bancorp, Inc., Mr. Mhatre earns $1,800,000.00 per year. Learn More on Nitin J. Mhatre's salary.
How do I contact Nitin J. Mhatre?: The corporate mailing address for Mr. Mhatre and other Berkshire Hills Bancorp executives is 60 STATE STREET 38TH FLOOR, BOSTON MA, 02109. Berkshire Hills Bancorp can also be reached via phone at (617) 641-9206 and via email at [email protected]. Learn More on Nitin J. Mhatre's contact information.
Has Nitin J. Mhatre been buying or selling shares of Berkshire Hills Bancorp?: Nitin J. Mhatre has not been actively trading shares of Berkshire Hills Bancorp within the last three months. Most recently, on Tuesday, September 12th, Nitin J. Mhatre bought 1,000 shares of Berkshire Hills Bancorp stock. The stock was acquired at an average cost of $19.82 per share, with a total value of $19,820.00. Following the completion of the transaction, the chief executive officer now directly owns 58,030 shares of the company's stock, valued at $1,150,154.60. Learn More on Nitin J. Mhatre's trading history.
Who are Berkshire Hills Bancorp's active insiders?: Berkshire Hills Bancorp's insider roster includes Subhadeep Basu (CFO), Rheo Brouillard (Director), David Brunelle (Director), Nitin Mhatre (CEO), Wm. Prescott (EVP), and Jason White (EVP). Learn More on Berkshire Hills Bancorp's active insiders.
Are insiders buying or selling shares of Berkshire Hills Bancorp?: In the last twelve months, Berkshire Hills Bancorp insiders bought shares 5 times. They purchased a total of 16,600 shares worth more than $333,889.00. In the last twelve months, insiders at the savings and loans company sold shares 10 times. They sold a total of 224,788 shares worth more than $5,239,449.48. The most recent insider tranaction occured on March, 19th when EVP Ellen Tulchiner sold 926 shares worth more than $20,103.46. Insiders at Berkshire Hills Bancorp own 1.0% of the company. Learn More about insider trades at Berkshire Hills Bancorp.
Information on this page was last updated on 3/19/2024.

Nitin J. Mhatre Insider Trading History at Berkshire Hills Bancorp

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
9/12/2023	Buy	1,000	$19.82	$19,820.00	58,030
7/25/2023	Buy	1,500	$22.29	$33,435.00	57,030
5/2/2023	Buy	2,100	$19.54	$41,034.00	55,530
3/15/2023	Buy	3,900	$24.62	$96,018.00	53,430
1/25/2022	Buy	2,700	$29.48	$79,596.00
9/20/2021	Buy	1,420	$23.95	$34,009.00
9/13/2021	Buy	3,800	$24.64	$93,632.00	33,880
6/4/2021	Buy	1,080	$27.77	$29,991.60	30,080
5/26/2021	Buy	2,000	$26.20	$52,400.00	29,000
5/24/2021	Buy	2,000	$26.99	$53,980.00	25,000
5/7/2021	Buy	6,000	$24.53	$147,180.00	12,000
5/5/2021	Buy	6,000	$24.51	$147,060.00	6,000

Nitin J. Mhatre Buying and Selling Activity at Berkshire Hills Bancorp

Berkshire Hills Bancorp Company Overview

Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides various banking products and 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. In addition, the company provides wealth management services comprising 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, small business banking, and asset based lending services; and debit cards and other electronic fee producing payment services to transaction account customers. 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.

Today's Range

Now: $20.51

$20.51

$20.73

50 Day Range

MA: $22.03

$20.86

$23.06

2 Week Range

Now: $20.51

$18.07

$25.79

Volume

182,089 shs

Average Volume

240,344 shs

Market Capitalization

$891.36 million

P/E Ratio

12.82

Dividend Yield

3.44%

Beta

0.87

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

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Nitin Mhatre Biography and Net Worth

What is Nitin J. Mhatre's net worth?

How old is Nitin J. Mhatre?

What is Nitin J. Mhatre's salary?

How do I contact Nitin J. Mhatre?

Has Nitin J. Mhatre been buying or selling shares of Berkshire Hills Bancorp?

Who are Berkshire Hills Bancorp's active insiders?

Are insiders buying or selling shares of Berkshire Hills Bancorp?