Nitin J.  Mhatre net worth and biography

Nitin Mhatre Biography and Net Worth

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 $2.77 million as of April 25th, 2024. Mr. Mhatre owns 88,799 shares of Berkshire Hills Bancorp stock worth more than $2,772,305 as of November 23rd. 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 during the past quarter. Most recently, on Thursday, April 25th, Nitin J. Mhatre bought 1,100 shares of Berkshire Hills Bancorp stock. The stock was acquired at an average cost of $22.02 per share, with a total value of $24,222.00. Following the completion of the transaction, the chief executive officer now directly owns 88,799 shares of the company's stock, valued at $1,955,353.98. 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 1 times. They purchased a total of 1,100 shares worth more than $24,222.00. 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 April, 25th when CEO Nitin J Mhatre bought 1,100 shares worth more than $24,222.00. 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 4/25/2024.

Nitin J. Mhatre Insider Trading History at Berkshire Hills Bancorp

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/25/2024Buy1,100$22.02$24,222.0088,799View SEC Filing Icon  
9/12/2023Buy1,000$19.82$19,820.0058,030View SEC Filing Icon  
7/25/2023Buy1,500$22.29$33,435.0057,030View SEC Filing Icon  
5/2/2023Buy2,100$19.54$41,034.0055,530View SEC Filing Icon  
3/15/2023Buy3,900$24.62$96,018.0053,430View SEC Filing Icon  
1/25/2022Buy2,700$29.48$79,596.00View SEC Filing Icon  
9/20/2021Buy1,420$23.95$34,009.00View SEC Filing Icon  
9/13/2021Buy3,800$24.64$93,632.0033,880View SEC Filing Icon  
6/4/2021Buy1,080$27.77$29,991.6030,080View SEC Filing Icon  
5/26/2021Buy2,000$26.20$52,400.0029,000View SEC Filing Icon  
5/24/2021Buy2,000$26.99$53,980.0025,000View SEC Filing Icon  
5/7/2021Buy6,000$24.53$147,180.0012,000View SEC Filing Icon  
5/5/2021Buy6,000$24.51$147,060.006,000View SEC Filing Icon  
See Full Table

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

This chart shows Nitin J Mhatre's buying and selling at Berkshire Hills Bancorp by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Berkshire Hills Bancorp Company Overview

Berkshire Hills Bancorp logo
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.
Read More

Today's Range

Now: $31.22
Low: $30.51
High: $31.27

50 Day Range

MA: $28.00
Low: $25.74
High: $31.51

2 Week Range

Now: $31.22
Low: $20.50
High: $32.00

Volume

190,762 shs

Average Volume

259,655 shs

Market Capitalization

$1.34 billion

P/E Ratio

32.86

Dividend Yield

2.37%

Beta

0.86