BERKSHIRE HILLS BANCORP INC. overview

BERKSHIRE HILLS REPORTS RECORD FOURTH QUARTER RESULTS PR Newswire BOSTON, Jan. 26, 2023 BOSTON , Jan. 26, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported that fourth quarter 2022 earnings per share ("EPS") increased year-over-year by 64% to a fourth quarter record $0.69 . For these periods, the non-GAAP measure of adjusted EPS increased by 52% to $0.64 . For the full year 2022, EPS decreased year-over-year by 15% to $2.02 , and adjusted EPS increased by 30% to...

Berkshire Hills Bancorp Names David Rosato as Senior Executive Vice President, Chief Financial Officer PR Newswire BOSTON, Jan. 25, 2023 BOSTON , Jan. 25, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a leading socially responsible community bank with financial centers in New England and New York , announced that David Rosato , an accomplished banking executive who served most recently as Chief Financial Officer of People's United...

BERKSHIRE HILLS ANNOUNCES $50 MILLION SHARE REPURCHASE PROGRAM PR Newswire BOSTON, Jan. 25, 2023 BOSTON , Jan. 25, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a share repurchase program pursuant to which the Company is authorized to repurchase shares of Company common stock at a total cost of up to $50 million through December 31, 2023 . This would result in the repurchase of approximately 4% of outstanding shares based...

Berkshire Hills Bancorp Names New Executives PR Newswire BOSTON, Jan. 17, 2023 James "Jim" Brown Named Senior Executive Vice President, Head of Commercial Banking Philip Jurgeleit Named Executive Vice President, Chief Credit Officer BOSTON , Jan. 17, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a leading socially responsible community bank with financial centers located in New England and New York , today announced that James "Jim" Brown...

Berkshire Hills Fourth Quarter Earnings Release and Conference Call Dates PR Newswire BOSTON, Jan. 6, 2023 BOSTON , Jan. 6, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its fourth quarter earnings release before the market opens on Thursday, January 26, 2023 . The Company will also place an investor presentation at its website at ir.berkshirebank.com . Berkshire will conduct a conference call/webcast at 10:00 a.m. eastern time on Thursday, January 26, 2023 to...

Berkshire Bank Team Rings NYSE Opening Bell PR Newswire BOSTON, Nov. 10, 2022 BOSTON , Nov. 10, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) rang the bell to open trading on the New York Stock Exchange ( NYSE ) on Wednesday morning, November 9. Berkshire is celebrating the tenth anniversary of its listing on the NYSE and more than 175 years of service that its subsidiary, Berkshire Bank, has provided to its markets, along with its accelerating momentum toward becoming a...

Berkshire Hills Announces 50% Increase in Quarterly Shareholder Dividend PR Newswire BOSTON, Nov. 4, 2022 BOSTON , Nov. 4, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.18 per common share to shareholders of record at the close of business on November 17, 2022 , payable on December 1, 2022 . This is a 50% increase from the former quarterly dividend of $0.12 per share. CEO Nitin Mhatre...

Berkshire Hills Reports Third Quarter Results PR Newswire BOSTON, Oct. 20, 2022 BOSTON , Oct. 20, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB ) today reported third quarter 2022 earnings per share ("EPS") totaling $0.42 . The non-GAAP measure of adjusted EPS totaled $0.62 for this period. GAAP EPS decreased from $0.50 in the prior quarter due to $11 million in third quarter charges primarily consisting of branch restructuring costs following the completion of the previously...