Berkshire Hills Bancorp (BHLB) 25.51 $BHLB
Berkshire Hills posts 1Q profit
Automated Insights - Mon Apr 25, 3:48PM CDT
PITTSFIELD, Mass. (AP) _ Berkshire Hills Bancorp Inc. (BHLB) on Monday reported first-quarter earnings of $16 million.
BHLB: 25.51 (-1.40)
Berkshire Hills Reports 8% Increase in First Quarter Core EPS; Dividend Declared
PR Newswire - Mon Apr 25, 3:10PM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported an 8% increase in first quarter core earnings per share to $0.54 in 2016 from $0.50 in 2015. The earnings improvement was driven by 26% revenue growth produced by the Company's expanded operations. First quarter GAAP EPS increased year-over-year to $0.52 from $0.35. GAAP results in both periods included net non-core charges primarily related to acquisitions and restructuring activities.
BHLB: 25.51 (-1.40)
Why You Shouldn't Bet Against Berkshire Hills Bancorp (BHLB) Stock
Zacks Equity Research - Zacks Investment Research - Fri Apr 08, 7:32AM CDT
Berkshire Hills Bancorp (BHLB) looks like an interesting choice for investors, as it is seeing solid estimate revisions and belongs to a great industry.
BHLB: 25.51 (-1.40)
Berkshire Hills First Quarter 2016 Earnings Release and Conference Call Dates
PR Newswire - Mon Apr 04, 8:51AM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its first quarter earnings release after the market closes on Monday, April 25, 2016.
BHLB: 25.51 (-1.40)
Berkshire Hills Bancorp reports 13% increase in Q4 2015 earnings
M2 - Mon Feb 01, 7:40AM CST
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported a 13 percent increase in fourth quarter core earnings per share to USD0.54 in 2015 from USD0.48 in 2014, driven by 17 percent revenue growth produced by expanded operations, the company said. Fourth quarter GAAP EPS increased to USD0.52 from USD0.46. For the year, core earnings per share increased by 16 percent to USD2.09 in 2015 from USD1.80 in 2014, while GAAP EPS increased to USD1.73 from USD1.36. GAAP results in all periods included net non-core charges primarily related to acquisitions and restructuring activities. Fourth quarter financial highlights include: o 10 percent annualized increase in core revenue (8 percent annualized increase in GAAP revenue) o 3.35 percent net interest margin o 4.0 percent annualized loan growth o 6.0 percent annualized deposit growth o 0.29 percent non-performing assets/assets o 0.25 percent net loan charge-offs/average loans The board of directors voted to declare a cash dividend of USD0.20 per share to shareholders of record at the close of business on February 11, 2016, payable on February 25, 2016. This new dividend equates to a 2.8 percent annualized yield based on the USD29.02 average closing price of Berkshire's common stock during the fourth quarter. Berkshire Hills Bancorp is the parent of Berkshire Bank with USD7.8 billion in assets and 93 full-service branch offices in Massachusetts, New York, Connecticut, and Vermont.
BHLB: 25.51 (-1.40)
Berkshire Hills meets 4Q profit forecasts
Automated Insights - Mon Jan 25, 3:35PM CST
PITTSFIELD, Mass. (AP) _ Berkshire Hills Bancorp Inc. (BHLB) on Monday reported fourth-quarter earnings of $16 million.
BHLB: 25.51 (-1.40)
Berkshire Hills Fourth Quarter 2015 Earnings Release and Conference Call Dates
PR Newswire - Tue Jan 05, 3:10PM CST
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its fourth quarter earnings release after the market closes on Monday, January 25, 2016.
BHLB: 25.51 (-1.40)
Parke Bank Announces Agreement To Sell SBA Subsidiary
PR Newswire - Fri Oct 30, 7:00AM CDT
Parke Bank ("Parke Bank"
, a wholly owned subsidiary of Parke Bancorp, Inc. (the "Company" (NASDAQ
KBK) today announced that it and its majority-owned subsidiary, 44 Business Capital, LLC ("44BC" had entered into a Purchase and Assumption Agreement (the "Agreement" with Berkshire Hills Bancorp, Inc. and its wholly owned banking subsidiary, Berkshire Bank, to sell the assets of 44BC and certain related assets held by the Bank.
BHLB: 25.51 (-1.40), PKBK: 13.19 (-0.01)
Berkshire Welcomes Small Business Team
PR Newswire - Fri Oct 30, 7:00AM CDT
Berkshire Bank, a wholly owned subsidiary of Berkshire Hills Bancorp, Inc. (NYSE: BHLB), announced today the signing of an asset purchase agreement with 44 Business Capital, LLC and Parke Bank under which Berkshire will acquire the business model of 44 Business Capital and certain other assets of Parke Bank's SBA 7(a) loan program operations. As part of the agreement, 44 Business Capital's entire team, along with its leadership, Greg Poehlmann, Phil Rapone Jeff Sherry and Joe Dreyer will join Berkshire.
BHLB: 25.51 (-1.40)
Berkshire Hills beats 3Q profit forecasts
Automated Insights - Mon Oct 26, 3:45PM CDT
PITTSFIELD, Mass. (AP) _ Berkshire Hills Bancorp Inc. (BHLB) on Monday reported third-quarter net income of $14.7 million.
BHLB: 25.51 (-1.40)
Berkshire Hills Reports 17% Increase in Third Quarter Core EPS; Dividend Declared
PR Newswire - Mon Oct 26, 3:10PM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported $0.54 in core earnings per share in the third quarter of 2015, which was a 17% increase year over year and a 6% increase over the prior quarter. GAAP EPS totaled $0.49 in the most recent quarter including net non-core acquisition related charges. For the year-to-date, core EPS increased by 17% to $1.55 and GAAP EPS increased by 33% to $1.20. Berkshire completed the acquisition of Firestone Financial, a commercial equipment finance company, on August 7, 2015.
BHLB: 25.51 (-1.40)
Berkshire Hills Third Quarter 2015 Earnings Release and Conference Call Dates
PR Newswire - Mon Oct 05, 3:24PM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its third quarter earnings release after the market closes on Monday, October 26, 2015.
BHLB: 25.51 (-1.40)
Berkshire Promotes Marotta and Gray to New Roles; Announces Other Executive Promotions; Provides Strong Q3 Guidance
PR Newswire - Thu Sep 24, 3:15PM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) has announced the promotion of Richard Marotta to President of Berkshire Bank and Sean Gray to Chief Operating Officer of the Bank.
BHLB: 25.51 (-1.40)
Berkshire Hills to Present at the Midwest IDEAS Investor Conference on August 27th in Chicago
PR Newswire - Tue Aug 18, 7:41AM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that Allison O'Rourke, SVP, Investor Relations Officer will present at the Midwest IDEAS Investor Conference on Thursday, August 27, 2015 at the Hard Rock Hotel in Chicago, IL. Berkshire's presentation is scheduled to begin at 11:40 am ET. The presentation will be webcast live and may be accessed at the conference website, www.IDEASconferences.com, or in the investor relations section of the company's website: ir.berkshirebank.com.
BHLB: 25.51 (-1.40)
Firestone Financial Joins Berkshire Hills
PR Newswire - Fri Aug 07, 7:33AM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) has completed the acquisition of Firestone Financial Corp. effective today. Firestone is now known as "Firestone Financial, LLC" and operating as a wholly-owned subsidiary of Berkshire Bank.
BHLB: 25.51 (-1.40)
Upgrade Alert for Berkshire Hills Bancorp (BHLB)
Comtex SmarTrend(R) - Fri Jul 24, 7:23AM CDT
Berkshire Hills Bancorp (NASDAQ:BHLB) was upgraded from Hold to Buy at Sandler O'Neill today. The stock closed yesterday at $28.95 on volume of 223,000 shares, above average daily volume of 126,000. Berkshire Hills Bancorp, Inc. is the holding company for Berkshire Bank. The Bank is a Massachusetts chartered savings bank which operates in Pittsfield and Berkshire County in Massachusetts. Berkshire Bank also makes loans in eastern New York, northern Connecticut, southern Vermont, and western Massachusetts.
BHLB: 25.51 (-1.40)
Berkshire Hills Reports 16% Increase in Second Quarter Core EPS; Dividend Declared
PR Newswire - Wed Jul 22, 3:10PM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported $0.51 in core earnings per share in the second quarter of 2015, which was a 16% increase over second quarter results in the prior year. Profit growth reflects positive operating leverage from ongoing business development. Second quarter core EPS also increased at an 8% annualized rate compared to the prior quarter. GAAP EPS totaled $0.35 in the most recent quarter and reflected net non-core charges primarily related to the Hampden Bancorp acquisition, which was completed on April 17.
BHLB: 25.51 (-1.40)
Berkshire Hills Second Quarter 2015 Earnings Release and Conference Call Dates
PR Newswire - Wed Jul 01, 8:05AM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its second quarter earnings release after the market closes on Wednesday, July 22, 2015.
BHLB: 25.51 (-1.40)
Berkshire Hills posts 1Q profit
Automated Insights - Mon Apr 25, 3:48PM CDT
PITTSFIELD, Mass. (AP) _ Berkshire Hills Bancorp Inc. (BHLB) on Monday reported first-quarter earnings of $16 million.
BHLB: 25.51 (-1.40)
Berkshire Hills Reports 8% Increase in First Quarter Core EPS; Dividend Declared
PR Newswire - Mon Apr 25, 3:10PM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported an 8% increase in first quarter core earnings per share to $0.54 in 2016 from $0.50 in 2015. The earnings improvement was driven by 26% revenue growth produced by the Company's expanded operations. First quarter GAAP EPS increased year-over-year to $0.52 from $0.35. GAAP results in both periods included net non-core charges primarily related to acquisitions and restructuring activities.
BHLB: 25.51 (-1.40)
Why You Shouldn't Bet Against Berkshire Hills Bancorp (BHLB) Stock
Zacks Equity Research - Zacks Investment Research - Fri Apr 08, 7:32AM CDT
Berkshire Hills Bancorp (BHLB) looks like an interesting choice for investors, as it is seeing solid estimate revisions and belongs to a great industry.
BHLB: 25.51 (-1.40)
Berkshire Hills First Quarter 2016 Earnings Release and Conference Call Dates
PR Newswire - Mon Apr 04, 8:51AM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its first quarter earnings release after the market closes on Monday, April 25, 2016.
BHLB: 25.51 (-1.40)
Berkshire Hills Bancorp reports 13% increase in Q4 2015 earnings
M2 - Mon Feb 01, 7:40AM CST
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported a 13 percent increase in fourth quarter core earnings per share to USD0.54 in 2015 from USD0.48 in 2014, driven by 17 percent revenue growth produced by expanded operations, the company said. Fourth quarter GAAP EPS increased to USD0.52 from USD0.46. For the year, core earnings per share increased by 16 percent to USD2.09 in 2015 from USD1.80 in 2014, while GAAP EPS increased to USD1.73 from USD1.36. GAAP results in all periods included net non-core charges primarily related to acquisitions and restructuring activities. Fourth quarter financial highlights include: o 10 percent annualized increase in core revenue (8 percent annualized increase in GAAP revenue) o 3.35 percent net interest margin o 4.0 percent annualized loan growth o 6.0 percent annualized deposit growth o 0.29 percent non-performing assets/assets o 0.25 percent net loan charge-offs/average loans The board of directors voted to declare a cash dividend of USD0.20 per share to shareholders of record at the close of business on February 11, 2016, payable on February 25, 2016. This new dividend equates to a 2.8 percent annualized yield based on the USD29.02 average closing price of Berkshire's common stock during the fourth quarter. Berkshire Hills Bancorp is the parent of Berkshire Bank with USD7.8 billion in assets and 93 full-service branch offices in Massachusetts, New York, Connecticut, and Vermont.
BHLB: 25.51 (-1.40)
Berkshire Hills meets 4Q profit forecasts
Automated Insights - Mon Jan 25, 3:35PM CST
PITTSFIELD, Mass. (AP) _ Berkshire Hills Bancorp Inc. (BHLB) on Monday reported fourth-quarter earnings of $16 million.
BHLB: 25.51 (-1.40)
Berkshire Hills Fourth Quarter 2015 Earnings Release and Conference Call Dates
PR Newswire - Tue Jan 05, 3:10PM CST
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its fourth quarter earnings release after the market closes on Monday, January 25, 2016.
BHLB: 25.51 (-1.40)
Parke Bank Announces Agreement To Sell SBA Subsidiary
PR Newswire - Fri Oct 30, 7:00AM CDT
Parke Bank ("Parke Bank"
, a wholly owned subsidiary of Parke Bancorp, Inc. (the "Company" (NASDAQKBK) today announced that it and its majority-owned subsidiary, 44 Business Capital, LLC ("44BC" had entered into a Purchase and Assumption Agreement (the "Agreement" with Berkshire Hills Bancorp, Inc. and its wholly owned banking subsidiary, Berkshire Bank, to sell the assets of 44BC and certain related assets held by the Bank. BHLB: 25.51 (-1.40), PKBK: 13.19 (-0.01)
Berkshire Welcomes Small Business Team
PR Newswire - Fri Oct 30, 7:00AM CDT
Berkshire Bank, a wholly owned subsidiary of Berkshire Hills Bancorp, Inc. (NYSE: BHLB), announced today the signing of an asset purchase agreement with 44 Business Capital, LLC and Parke Bank under which Berkshire will acquire the business model of 44 Business Capital and certain other assets of Parke Bank's SBA 7(a) loan program operations. As part of the agreement, 44 Business Capital's entire team, along with its leadership, Greg Poehlmann, Phil Rapone Jeff Sherry and Joe Dreyer will join Berkshire.
BHLB: 25.51 (-1.40)
Berkshire Hills beats 3Q profit forecasts
Automated Insights - Mon Oct 26, 3:45PM CDT
PITTSFIELD, Mass. (AP) _ Berkshire Hills Bancorp Inc. (BHLB) on Monday reported third-quarter net income of $14.7 million.
BHLB: 25.51 (-1.40)
Berkshire Hills Reports 17% Increase in Third Quarter Core EPS; Dividend Declared
PR Newswire - Mon Oct 26, 3:10PM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported $0.54 in core earnings per share in the third quarter of 2015, which was a 17% increase year over year and a 6% increase over the prior quarter. GAAP EPS totaled $0.49 in the most recent quarter including net non-core acquisition related charges. For the year-to-date, core EPS increased by 17% to $1.55 and GAAP EPS increased by 33% to $1.20. Berkshire completed the acquisition of Firestone Financial, a commercial equipment finance company, on August 7, 2015.
BHLB: 25.51 (-1.40)
Berkshire Hills Third Quarter 2015 Earnings Release and Conference Call Dates
PR Newswire - Mon Oct 05, 3:24PM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its third quarter earnings release after the market closes on Monday, October 26, 2015.
BHLB: 25.51 (-1.40)
Berkshire Promotes Marotta and Gray to New Roles; Announces Other Executive Promotions; Provides Strong Q3 Guidance
PR Newswire - Thu Sep 24, 3:15PM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) has announced the promotion of Richard Marotta to President of Berkshire Bank and Sean Gray to Chief Operating Officer of the Bank.
BHLB: 25.51 (-1.40)
Berkshire Hills to Present at the Midwest IDEAS Investor Conference on August 27th in Chicago
PR Newswire - Tue Aug 18, 7:41AM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that Allison O'Rourke, SVP, Investor Relations Officer will present at the Midwest IDEAS Investor Conference on Thursday, August 27, 2015 at the Hard Rock Hotel in Chicago, IL. Berkshire's presentation is scheduled to begin at 11:40 am ET. The presentation will be webcast live and may be accessed at the conference website, www.IDEASconferences.com, or in the investor relations section of the company's website: ir.berkshirebank.com.
BHLB: 25.51 (-1.40)
Firestone Financial Joins Berkshire Hills
PR Newswire - Fri Aug 07, 7:33AM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) has completed the acquisition of Firestone Financial Corp. effective today. Firestone is now known as "Firestone Financial, LLC" and operating as a wholly-owned subsidiary of Berkshire Bank.
BHLB: 25.51 (-1.40)
Upgrade Alert for Berkshire Hills Bancorp (BHLB)
Comtex SmarTrend(R) - Fri Jul 24, 7:23AM CDT
Berkshire Hills Bancorp (NASDAQ:BHLB) was upgraded from Hold to Buy at Sandler O'Neill today. The stock closed yesterday at $28.95 on volume of 223,000 shares, above average daily volume of 126,000. Berkshire Hills Bancorp, Inc. is the holding company for Berkshire Bank. The Bank is a Massachusetts chartered savings bank which operates in Pittsfield and Berkshire County in Massachusetts. Berkshire Bank also makes loans in eastern New York, northern Connecticut, southern Vermont, and western Massachusetts.
BHLB: 25.51 (-1.40)
Berkshire Hills Reports 16% Increase in Second Quarter Core EPS; Dividend Declared
PR Newswire - Wed Jul 22, 3:10PM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported $0.51 in core earnings per share in the second quarter of 2015, which was a 16% increase over second quarter results in the prior year. Profit growth reflects positive operating leverage from ongoing business development. Second quarter core EPS also increased at an 8% annualized rate compared to the prior quarter. GAAP EPS totaled $0.35 in the most recent quarter and reflected net non-core charges primarily related to the Hampden Bancorp acquisition, which was completed on April 17.
BHLB: 25.51 (-1.40)
Berkshire Hills Second Quarter 2015 Earnings Release and Conference Call Dates
PR Newswire - Wed Jul 01, 8:05AM CDT
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its second quarter earnings release after the market closes on Wednesday, July 22, 2015.
BHLB: 25.51 (-1.40)
