News & Videos - BERKSHIRE HILLS BANCORP INC.

Berkshire Hills Reports First Quarter 2024 Results PR Newswire BOSTON, April 18, 2024 Announces $362 Million Securities Sale First quarter loss of $20 million , ($0.47) per share Operating income of $21 million , $0.49 per share Securities sale of $362 million resulted in a $49.9 million net non-operating loss ( $0.89 per share after-tax) Net loan charge-offs were 18 basis points annualized TCE ratio of 8.2% and CET1 ratio of 11.6%; tangible book value per share of $22.84 BOSTON , April 18, 2024...

Berkshire Hills Announces First Quarter 2024 Earnings Release and Conference Call Schedule PR Newswire BOSTON, March 28, 2024 BOSTON , March 28, 2024 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) first quarter 2024 earnings release and conference call are scheduled as follows: Earnings Release: Thursday, April 18, 2024 , at approximately 7:30 a.m. (Eastern) Conference Call: Thursday, April 18, 2024 , at 9:00 a.m. (Eastern) Webcast (listen-only): Register at:...

Berkshire Hills Bancorp Bolsters Commercial & Private Banking Franchise PR Newswire BOSTON, March 21, 2024 Torrance Childs , Former President of Private Banking at Boston Private, 40-Year Boston Banking Veteran, Joins Berkshire to Accelerate Client Growth & Experience BOSTON , March 21, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a relationship-driven, community-focused bank with financial centers in New England and New York , is pleased...

Berkshire Hills Announces Quarterly Shareholder Dividend PR Newswire BOSTON, March 7, 2024 BOSTON , March 7, 2024 /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 March 21, 2024 , payable on April 4 , 2024. About Berkshire Hills Bancorp Headquartered in Boston , Berkshire Hills Bancorp is the parent of Berkshire Bank. With...

Berkshire Hills Bancorp to Sell Select Upstate and Eastern New York Branches PR Newswire BOSTON, March 4, 2024 Enhances efficiency and profitability of the overall branch network Strengthens focus in core New York markets Combined branch and securities sale is neutral to full year 2024 earnings outlook BOSTON , March 4, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) announced today that its wholly owned subsidiary Berkshire Bank has entered into definitive agreements with three...

Berkshire Hills Announces Annual Meeting Date PR Newswire BOSTON, Feb. 12, 2024 BOSTON , Feb. 12, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Annual Meeting of Shareholders will be held at 10:00 am on Thursday, May 16, 2024 at Berkshire Bank's offices at 99 North Street, Pittsfield , Massachusetts. The date of March 21, 2024 has been established as the record date for the determination of shareholders entitled to notice of, and to vote at, the Annual...

Berkshire Hills Reports Fourth Quarter 2023 Results PR Newswire BOSTON, Jan. 25, 2024 Announces $40 Million Share Repurchase Authorization Fourth quarter loss of $1 million , ($0.03) per share; operating income of $20 million , $0.47 per share $267 million securities sale resulting in $25.1 million pre-tax non-operating loss Net loan charge-offs and non-performing assets decreased 18% linked quarter TCE ratio of 8.0% and CET1 ratio of 12.0% Tangible book value per share of $22.82 , up $1.57 , or...

Berkshire Hills Announces Fourth Quarter 2023 Earnings Release and Conference Call Schedule PR Newswire BOSTON, Jan. 12, 2024 BOSTON , Jan. 12, 2024 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) fourth quarter 2023 earnings release and conference call are scheduled as follows: Earnings Release: Thursday, January 25, 2024 , at approximately 7:30 a.m. (Eastern) Conference Call: Thursday, January 25, 2024 , at 9:00 a.m. (Eastern) Webcast (listen-only): Register at:...

Berkshire Hills Bancorp Leadership Featured On New York Stock Exchange PR Newswire BOSTON, Dec. 13, 2023 BOSTON , Dec. 13, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a leading relationship-driven, community-focused bank with financial centers in New England and New York , announced that its leadership was recently featured in a series of New York Stock Exchange (NYSE) interviews on Berkshire's performance, culture and vison for the...

Berkshire Hills Announces Quarterly Shareholder Dividend PR Newswire BOSTON, Nov. 3, 2023 BOSTON , Nov. 3, 2023 /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 16, 2023 , payable on November 30 , 2023. ABOUT BERKSHIRE HILLS BANCORP Headquartered in Boston , Berkshire Hills Bancorp is the parent of Berkshire Bank....

Berkshire Hills Reports Third Quarter Net Income of $20 Million, or $0.45 Earnings per Share PR Newswire BOSTON, Oct. 20, 2023 Operating Income of $22 Million , or $0.50 per Share Average loan growth of 2% linked quarter; average deposit growth of 1% Operating expense flat linked quarter Net loan charge-offs decreased $0.3 million linked quarter TCE ratio of 7.7% and CET1 ratio of 12.1%; stock repurchases were $4 million BOSTON , Oct. 20, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE:...

Berkshire Hills Announces Third Quarter 2023 Earnings Release and Conference Call Schedule PR Newswire BOSTON, Sept. 29, 2023 BOSTON , Sept. 29, 2023 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) third quarter 2023 earnings release and conference call are scheduled as follows: Earnings Release: Friday, October 20, 2023 , at approximately 7:30 a.m. (Eastern) Conference Call: Friday, October 20, 2023 , at 9:00 a.m. (Eastern) Webcast (listen-only): Register at:...

Berkshire Hills Bancorp Appoints Mary Anne Callahan as New Independent Director PR Newswire BOSTON, Sept. 14, 2023 BOSTON , Sept. 14, 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 the election of Mary Anne Callahan to the Board of Directors of the Company and its wholly-owned subsidiary Berkshire Bank effective September 13 , 2023....

Berkshire Hills Announces Quarterly Shareholder Dividend PR Newswire BOSTON, Aug. 4, 2023 BOSTON , Aug. 4, 2023 /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 August 17, 2023 , payable on August 31 , 2023. ABOUT BERKSHIRE HILLS BANCORP Headquartered in Boston , Berkshire Hills Bancorp is the parent of Berkshire Bank....

Berkshire Hills Reports Second Quarter Net Income of $24 Million, or $0.55 Earnings per Share PR Newswire BOSTON, July 20, 2023 10% EPS Growth Year-over-Year Period-end loan growth of 2%; total deposits unchanged Net loan charge-offs decreased $1.1 million ; credit loss allowance increased $2.2 million commensurate with loan growth TCE ratio of 7.9 percent and CET1 ratio of 12.1 percent Repurchased $12 million of stock in 2Q23 BOSTON , July 20, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc....

Berkshire Hills Announces Allocation of Inaugural $100 Million Sustainability Bond PR Newswire BOSTON, July 10, 2023 Bond Supports Social & Environmental Projects in New England & New York BOSTON , July 10, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB ) (" Berkshire " or the "Company"), announced today that proceeds from its inaugural sustainability bond have been allocated to projects resulting in the creation of 330 units of affordable and workforce housing along with more...

Berkshire Hills Announces Second Quarter 2023 Earnings Release and Conference Call Dates PR Newswire BOSTON, June 29, 2023 BOSTON , June 29, 2023 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) second quarter 2023 earnings release and conference call are scheduled as follows: Earnings Release: Thursday, July 20, 2023, before the market opens Conference Call: Thursday, July 20, 2023, at 10:00 a.m. (Eastern) Webcast (listen-only): Register at:...

Berkshire Hills Announces Results of Annual Meeting PR Newswire BOSTON, May 19, 2023 All Proposals Approved by Shareholders; Company Highlights Strength & Progress BOSTON , May 19, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB ), announced today that all four proposals were approved at its Annual Meeting of Shareholders on May 18, 2023 , with a quorum of approximately 93% of outstanding shares voted in person or by proxy at the meeting. All measures were unanimously recommended...

Berkshire Hills Announces Quarterly Shareholder Dividend PR Newswire BOSTON, May 5, 2023 BOSTON , May 5, 2023 /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 May 18, 2023 , payable on June 1 , 2023. ABOUT BERKSHIRE HILLS BANCORP Headquartered in Boston , Berkshire Hills Bancorp ( NYSE:BHLB) is the parent of Berkshire Bank ....

Berkshire Releases Environmental, Social & Governance (ESG) Report PR Newswire BOSTON, April 26, 2023 Highlights Berkshire's Transformational Efforts to Build More Equitable and Sustainable Communities BOSTON , April 26, 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 the release of its 2022 Environmental, Social & Governance (ESG)...