Berkshire Hills Bancorp Inc (N:BHLB)

Apr 18, 2024 07:30 am ET
Berkshire Hills Reports First Quarter 2024 Results
Announces $362 Million Securities Sale
Mar 28, 2024 04:15 pm ET
Berkshire Hills Announces First Quarter 2024 Earnings Release and Conference Call Schedule
BOSTON, March 28, 2024 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) first quarter 2024 earnings release and conference call are scheduled as follows:
Mar 21, 2024 04:15 pm ET
Berkshire Hills Bancorp Bolsters Commercial & Private Banking Franchise
Torrance Childs, Former President of Private Banking at Boston Private, 40-Year Boston Banking Veteran, Joins Berkshire to Accelerate Client Growth & Experience
Feb 12, 2024 03:30 pm ET
Berkshire Hills Announces Annual Meeting Date
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 Meeting. The agenda for the Annual Meeting will include proposals related to director election, executive compensation and auditor engagement. Further information about the annual
Jan 25, 2024 06:30 am ET
Berkshire Hills Reports Fourth Quarter 2023 Results
Announces $40 Million Share Repurchase Authorization
Jan 12, 2024 01:30 pm ET
Berkshire Hills Announces Fourth Quarter 2023 Earnings Release and Conference Call Schedule
BOSTON, Jan. 12, 2024 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) fourth quarter 2023 earnings release and conference call are scheduled as follows:
Dec 13, 2023 03:30 pm ET
Berkshire Hills Bancorp Leadership Featured On New York Stock Exchange
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 future.
Nov 03, 2023 07:30 am ET
Berkshire Hills Announces Quarterly Shareholder Dividend
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. 
Oct 20, 2023 07:30 am ET
Berkshire Hills Reports Third Quarter Net Income of $20 Million, or $0.45 Earnings per Share
Operating Income of $22 Million, or $0.50 per Share
Sep 29, 2023 10:00 am ET
Berkshire Hills Announces Third Quarter 2023 Earnings Release and Conference Call Schedule
BOSTON, Sept. 29, 2023 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) third quarter 2023 earnings release and conference call are scheduled as follows:
Sep 14, 2023 07:30 am ET
Berkshire Hills Bancorp Appoints Mary Anne Callahan as New Independent Director
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. Ms. Callahan has extensive investment banking expertise including advising bank clients on strategy, capital management and merger and acquisitions. She served most recently as a Managing Director in the Financial Se
Jul 20, 2023 07:30 am ET
Berkshire Hills Reports Second Quarter Net Income of $24 Million, or $0.55 Earnings per Share
10% EPS Growth Year-over-Year
Jul 10, 2023 04:15 pm ET
Berkshire Hills Announces Allocation of Inaugural $100 Million Sustainability Bond
Bond Supports Social & Environmental Projects in New England & New York 
Jun 29, 2023 07:30 am ET
Berkshire Hills Announces Second Quarter 2023 Earnings Release and Conference Call Dates
BOSTON, June 29, 2023 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) second quarter 2023 earnings release and conference call are scheduled as follows:
May 19, 2023 11:00 am ET
Berkshire Hills Announces Results of Annual Meeting
All Proposals Approved by Shareholders; Company Highlights Strength & Progress
May 05, 2023 07:30 am ET
Berkshire Hills Announces Quarterly Shareholder Dividend
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. 
Apr 26, 2023 10:59 am ET
Berkshire Releases Environmental, Social & Governance (ESG) Report
Highlights Berkshire's Transformational Efforts to Build More Equitable and Sustainable Communities 
Apr 20, 2023 07:30 am ET
Berkshire Hills Reports First Quarter Net Income of $27.6 Million, or $0.63 per Share
Diversified 5 percent growth in average loans; relatively flat (-1%) average depositsCash and borrowing capacity at 117% of uninsured depositsTangible book value per share +4 percent to $21.89TCE ratio of 7.9 percent and CET1 ratio of 12.1 percentAdded two prominent and well-respected board members – Karyn Polito and Eric RosengrenBOSTON, April 20, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported results for the first quarter of 2023.  These results along with comparison periods are summarized below:
Apr 10, 2023 07:30 am ET
Berkshire Hills Bancorp Appoints Former Federal Reserve Bank of Boston President and CEO Eric Rosengren as New Independent Director
BOSTON, April 10, 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 Eric S. Rosengren to the Board of Directors of the Company and its wholly-owned subsidiary Berkshire Bank effective April 5, 2023. Mr. Rosengren brings extensive financial, risk management and regulatory expertise having served as the President and CEO of the Federal Reserve Bank of Boston until his retirement in 2021. Upon his election, Mr. Rosengren
Mar 31, 2023 07:30 am ET
Berkshire Hills First Quarter Earnings Release and Conference Call Dates
BOSTON, March 31, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its first quarter earnings release before the market opens on Thursday, April 20, 2023. The Company will also place an investor presentation at its website at ir.berkshirebank.com.
Feb 06, 2023 06:30 am ET
Berkshire Hills Announces Annual Meeting Date
BOSTON, Feb. 6, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has determined that the Annual Meeting of Shareholders will be held at 10:00 am on Thursday, May 18, 2023 in a virtual meeting format.  The date of Friday, March 24, 2023 was established as the record date for the determination of shareholders entitled to notice of, and to vote at, the Annual Meeting. Further information about the annual meeting will be available in early April at the Company's website at ir.berkshirebank.com.
Feb 03, 2023 06:30 am ET
Berkshire Hills Announces Quarterly Shareholder Dividend
BOSTON, Feb. 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 February 16, 2023, payable on March 2, 2023.
Feb 02, 2023 03:15 pm ET
Berkshire Hills Appoints Former Massachusetts Lieutenant Governor Karyn Polito as New Independent Director
BOSTON, Feb. 2, 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 Karyn Polito to the Board of Directors of the Company and its wholly-owned subsidiary Berkshire Bank effective February 2, 2023. Ms. Polito brings broad expertise in both the public and private sector including as Lieutenant Governor of the Commonwealth of Massachusetts and as Principal of Polito Development Corporation. Upon her election Ms. Polito was
Jan 26, 2023 06:30 am ET
BERKSHIRE HILLS REPORTS RECORD FOURTH QUARTER RESULTS
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. 
Jan 25, 2023 03:45 pm ET
Berkshire Hills Bancorp Names David Rosato as Senior Executive Vice President, Chief Financial Officer
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 Financial, Inc., and prior to that as Treasurer at Webster Financial Corporation, will join Berkshire on February 6, 2023 as SEVP, Chief Financial Officer.
Jan 25, 2023 03:15 pm ET
BERKSHIRE HILLS ANNOUNCES $50 MILLION SHARE REPURCHASE PROGRAM
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 on the current share price.
Jan 17, 2023 03:45 pm ET
Berkshire Hills Bancorp Names New Executives
James "Jim" Brown Named Senior Executive Vice President, Head of Commercial BankingPhilip Jurgeleit Named Executive Vice President, Chief Credit Officer
Jan 06, 2023 10:00 am ET
Berkshire Hills Fourth Quarter Earnings Release and Conference Call Dates
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.
Nov 10, 2022 06:30 am ET
Berkshire Bank Team Rings NYSE Opening Bell
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 high-performing, leading socially responsible community bank in New England, Upstate New York, and beyond.
Nov 04, 2022 07:30 am ET
Berkshire Hills Announces 50% Increase in Quarterly Shareholder Dividend
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.
Oct 20, 2022 07:30 am ET
Berkshire Hills Reports Third Quarter Results
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.
Oct 13, 2022 04:20 pm ET
Berkshire Hills Announces Executive Change
BOSTON, Oct. 13, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (the "Company", NYSE: BHLB) and Berkshire Bank (the "Bank") announced today that Subhadeep Basu, Chief Financial Officer of the Company and the Bank, has resigned effective October 7, 2022, for personal reasons and to subsequently pursue other career interests.  Mr. Basu has agreed to be available as an advisor to the Company to assist with transition matters through December 31, 2022.
Oct 06, 2022 08:30 am ET
Berkshire Hills Third Quarter Earnings Release and Conference Call Dates
BOSTON, Oct. 6, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its third quarter earnings release before the market opens on Thursday, October 20, 2022. The Company will also place an investor presentation at its website at ir.berkshirebank.com.
Sep 15, 2022 08:30 am ET
Berkshire Hills Bancorp Continues Growth of 44 Business Capital Division with Three Seasoned SBA Lending Professionals
Barkley, Rawls, and Tucker Bolster Berkshire's Commitment to Fueling Small Businesses
Sep 12, 2022 04:15 pm ET
Berkshire Hills Bancorp Promotes Ashlee Flores to Executive Vice President, Chief Compliance Officer
BOSTON, Sept. 12, 2022 /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, is excited to announce that Ashlee Flores, an experienced industry and Berkshire veteran was promoted to EVP, Chief Compliance Officer. Ms. Flores will replace Deborah A. Stephenson, SEVP, Chief Compliance Officer, who is resigning her position effective September 30, 2022, to pursue another opportunity.
Jul 29, 2022 08:30 am ET
Berkshire Hills Announces Quarterly Shareholder Dividend
BOSTON, July 29, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.12 per common share to shareholders of record at the close of business on August 11, 2022, payable on August 25, 2022. 
Jul 20, 2022 07:30 am ET
Berkshire Hills Reports 19% Increase in Quarterly Earnings Per Share
BOSTON, July 20, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported that second quarter 2022 earnings per share (EPS) increased by 19% to $0.50 from $0.42 in the prior quarter. The non-GAAP measure of adjusted EPS also increased by 19% to $0.51 from $0.43. The improvement was due to loan growth and higher asset yields, while funding and operating costs were essentially flat. Compared to the second quarter of 2021, EPS improved by 16% and adjusted EPS increased by 17%.
Jul 13, 2022 04:20 pm ET
Moody's Assigns First-Time "A3" Deposit Rating to Berkshire Bank
Assigns Positive Rating Outlook
Jun 28, 2022 04:05 pm ET
BERKSHIRE HILLS BANCORP, INC. ANNOUNCES PRICING OF SUBORDINATED NOTES OFFERING
BOSTON, June 28, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) ("Berkshire" or the "Company") announced today the pricing of its offering of $100.0 million of its 5.50% fixed-to-floating rate subordinated notes due 2032 (the "Notes"). The Notes will initially bear interest at 5.50% per annum, with interest payable semiannually in arrears, commencing on the issue date, to, but excluding, July 1, 2027. Commencing July 1, 2027, the interest rate on the Notes will reset quarterly to a floating rate per annum equal to a benchmark rate that is expected to be the Three-Month Term
Jun 01, 2022 08:00 am ET
Berkshire Bank Selects Salt Security for API Security as its Business Operations Scale
Salt Security allows Berkshire Bank to accurately capture, catalog, and secure its growing API activity
May 20, 2022 08:30 am ET
Berkshire Hills Announces Results of Annual Meeting
All Proposals Approved by Shareholders; Company Recaps 2021 Highlights
Apr 29, 2022 08:30 am ET
Berkshire Hills Announces Quarterly Shareholder Dividend
BOSTON, April 29, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.12 per common share to shareholders of record at the close of business on May 12, 2022, payable on May 26, 2022.
Apr 20, 2022 07:30 am ET
BERKSHIRE HILLS REPORTS IMPROVED FIRST QUARTER RESULTS
BOSTON, April 20, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported that first  quarter earnings per share (EPS) increased year-over-year by 62% to $0.42 in 2022 from $0.26 in 2021. The non-GAAP measure of adjusted EPS increased by 37% to $0.43 from $0.32. Earnings benefited from loan growth in 2022 together with a release of the allowance for credit losses, reflecting improved loan performance expectations. Compared to the fourth quarter of 2021, first quarter EPS was unchanged at $0.42 and adjusted EPS increased by 4% to $0.43 from $0.42.
Apr 05, 2022 04:30 pm ET
Berkshire Hills First Quarter Earnings Release and Conference Call Dates
BOSTON, April 5, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its first quarter earnings release before the market opens on Wednesday, April 20, 2022. The Company will also place an investor presentation at its website at ir.berkshirebank.com.
Mar 28, 2022 04:15 pm ET
Berkshire Bank Expands Partnership with FinTech Narmi
Partnership will Propel Berkshire Bank to the Forefront of Digital Banking Experience
Mar 14, 2022 08:30 am ET
Berkshire Hills Appoints Mihir A. Desai As New Independent Director
Financial, Investment, and Business Expertise Will Bolster Transformation  
Feb 14, 2022 01:00 pm ET
Berkshire Hills CEO to Discuss Digital Banking Transformation at KBW Winter Financial Services Symposium
BOSTON, Feb. 14, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a leading socially responsible community bank  with branch locations in New England and New York announced that its CEO Nitin Mhatre will discuss Digital Banking Transformation at the KBW Winter Financial Services Symposium on Thursday, February 17 beginning at 1:10pm ET.
Jan 28, 2022 07:30 am ET
Berkshire Hills Announces Quarterly Shareholder Dividend
BOSTON, Jan. 28, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.12 per common share to shareholders of record at the close of business on February 10, 2022, payable on February 24, 2022.
Jan 20, 2022 06:30 am ET
BERKSHIRE HILLS REPORTS IMPROVED FOURTH QUARTER RESULTS; SETS ANNUAL MEETING DATE
BOSTON, Jan. 20, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported that fourth quarter earnings per share (EPS) increased year-over-year by 40% to $0.42 in 2021, and by 50% to $0.42 on an adjusted non-GAAP basis.  For the year 2021, Berkshire reported EPS of $2.39, or $1.69 on an adjusted basis, compared to a 2020 loss of ($10.60), or a $0.60 profit, on an adjusted basis.
Jan 19, 2022 03:30 pm ET
BERKSHIRE HILLS REPORTS $140 MILLION SHARE REPURCHASE PROGRAM
BOSTON, Jan. 19, 2022 /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 $140 million through December 31, 2022. This would result in the repurchase of approximately 9% of outstanding shares based on the current share price.
Jan 07, 2022 12:00 pm ET
Berkshire Hills Fourth Quarter Earnings Release and Conference Call Dates
BOSTON, Jan. 7, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its fourth quarter earnings release before the market opens on Thursday, January 20, 2022. The Company will also place an investor presentation at its website at ir.berkshirebank.com.
Dec 21, 2021 07:30 am ET
Berkshire Hills Appoints Nina A. Charnley As New Independent Director
BOSTON, Dec. 21, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a socially responsible community-dedicated bank with branch locations in New England and New York, announced the election of Nina A. Charnley to the Board of Directors of the Company and its wholly-owned subsidiary Berkshire Bank effective December 16, 2021. Ms. Charnley has deep financial acumen and broad experience across diverse and regulated industries which will further enhance the Board's expertise in support of Berkshire's Exciting Strategic Transformation (BEST). Up
Dec 08, 2021 07:30 am ET
Berkshire Launches Socially Responsible Investing Portfolios
BOSTON, Dec. 8, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a socially responsible community-dedicated bank with branch locations in New England and New York, announced the launch of a new suite of investment solutions designed to help people of all backgrounds align their investments with positive environmental and social outcomes. Offered through Berkshire Wealth Management, these new Socially Responsible Investment (SRI) Portfolios further strengthen Berkshire's commitment to Environmental, Social, and Governance (ESG) factors tha
Nov 01, 2021 08:30 am ET
Berkshire Hills Announces Quarterly Shareholder Dividend
BOSTON, Nov. 1, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.12 per common share to shareholders of record at the close of business on November 11, 2021, payable on November 24, 2021.
Oct 21, 2021 07:30 am ET
Berkshire Hills Reports Earnings Per Share Growth
BOSTON, Oct. 21, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported that third quarter 2021 earnings per share increased year-over-year by 212% to $1.31 compared to $0.42 in 2020, and compared to $0.43 in the prior quarter.  Results in the most recent quarter included $0.78 per share in net non-operating income, consisting primarily of net gains on the sales of the assets and operations of the Company's insurance subsidiary and Berkshire Bank's Mid-Atlantic branches. Excluding these amounts, Berkshire's non-GAAP measure of third quarter adjusted net income totaled
Oct 18, 2021 04:30 pm ET
Berkshire Hills Bancorp Announces Partnership with AI Lending Platform Upstart
BOSTON, Oct. 18, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a socially responsible community-dedicated bank with branch locations in New England and New York, announced that the Bank has entered into a partnership with Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform designed to improve access to affordable credit while reducing the risk and costs of lending. 
Oct 14, 2021 04:30 pm ET
Berkshire Hills Bancorp Expands 44 Business Capital Division With Two Seasoned SBA Lending Professionals
BOSTON, Oct. 14, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a socially responsible community-dedicated bank with branch locations in New England and New York, is excited to announce the addition of two seasoned lending professionals to its 44 Business Capital team.
Oct 12, 2021 04:30 pm ET
Berkshire Hills Bancorp Adds Depth to Wealth Management Team with New Hires Heston and Crowley
BOSTON, Oct. 12, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a socially responsible community-dedicated bank with branch locations in New England and New York, is excited to announce the addition of two veteran wealth management professionals to its Wealth Management team.
Oct 04, 2021 05:00 pm ET
Berkshire Hills Third Quarter Earnings Release and Conference Call Dates
BOSTON, Oct. 4, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its third quarter earnings release before the market opens on Thursday, October 21, 2021. The Company will also place an investor presentation at its website at ir.berkshirebank.com.
Sep 15, 2021 08:30 am ET
Berkshire Hills Bancorp Announces "BEST Community Comeback" - $5 Billion Multi-Year ESG Commitment to Fuel Resilience in Local Communities
BOSTON, Sept. 15, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a socially responsible community-dedicated bank with branch locations in New England and New York, announced that the Bank will lend and invest $5 billion over the next three years to help strengthen local communities.
Sep 13, 2021 04:41 pm ET
Berkshire Hills Bancorp Announces Lucia "Lucy" Bellomia Hired As Executive Vice President, Head of Retail Banking
BOSTON, Sept. 13, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, announced the Bank has hired Lucia "Lucy" Bellomia as EVP, Head of Retail Banking. Ms. Bellomia has over 20 years of experience in the financial industry, most recently as the Executive SVP, Community Banking, Northeast Region, for Bank of America.
Sep 09, 2021 08:30 am ET
Berkshire Hills Bancorp Announces Mortgage Professional Ellen Steinfeld Hired as Executive Vice President, Head of Consumer Lending & Payments
BOSTON, Sept. 9, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, announced that the Bank has hired Ellen Steinfeld as EVP, Head of Consumer Lending and Payments.
Sep 07, 2021 04:15 pm ET
Berkshire Hills Announces Hiring of Veteran Connecticut Banking Professional Jeffrey Klaus as Regional President for Southern CT
BOSTON, Sept. 7, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) the parent company of Berkshire Bank, announced that the Bank has hired Jeffrey Klaus as SVP, Regional President & Middle Market Team Leader in Southern Connecticut, based in New Haven. Berkshire Bank is a socially responsible community-dedicated bank with locations in New England and New York.
Aug 30, 2021 04:03 pm ET
Investors Bancorp, Inc. Announces Completion of Acquisition of 8 Berkshire Bank Branches in New Jersey and Eastern Pennsylvania
SHORT HILLS, N.J., Aug. 30, 2021 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ: ISBC) (the "Company"), the parent company of Investors Bank, announced today that Investors Bank has completed the acquisition of the eight New Jersey and eastern Pennsylvania branches of Berkshire Bank, the wholly-owned subsidiary of Berkshire Hills Bancorp, Inc. (NYSE: BHLB).  The transaction was completed at the close of business on August 27, 2021 and includes the assumption and acquisition of approximately $630 million of deposits and approximately $220 million of consumer and commercial loans, together wi
Aug 25, 2021 08:15 am ET
Berkshire Hills Announces Board Leadership Transition
BOSTON, Aug. 25, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), announced today that Board Chairperson J. Williar ("Bill") Dunlaevy will retire from the joint Board of Directors of the company and its wholly-owned subsidiary Berkshire Bank effective September 22, 2021. As part of a pre-established succession plan, the Board has unanimously voted to appoint David M. Brunelle to succeed Mr. Dunlaevy as Chairperson, also effective on that date. Mr. Brunelle currently serves as Vice Chairperson of the Board and previously served as Chairperson of the Audit Committee after joini
Aug 24, 2021 04:32 pm ET
Berkshire Hills and Brown & Brown Announce Definitive Agreement to Sell Berkshire Insurance Group to Brown & Brown of Massachusetts
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) and Brown & Brown, Inc. (NYSE: BRO) today announced the execution of a definitive agreement for the sale of the assets and operations of Berkshire Insurance Group, Inc. (BIG), a subsidiary of Berkshire...
Aug 24, 2021 04:24 pm ET
Berkshire Hills and Brown & Brown Announce Definitive Agreement to Sell Berkshire Insurance Group to Brown & Brown of Massachusetts
BOSTON, Aug. 24, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) and Brown & Brown, Inc. (NYSE: BRO) today announced the execution of a definitive agreement for the sale of the assets and operations of Berkshire Insurance Group, Inc. (BIG), a subsidiary of Berkshire Hills, to Brown & Brown of Massachusetts, LLC, a subsidiary of Brown & Brown. The transaction is subject to customary conditions and is expected to be completed in the third quarter.
Aug 13, 2021 08:30 am ET
Berkshire Hills Announces Quarterly Shareholder Dividend
BOSTON, Aug. 13, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.12 per common share to shareholders of record at the close of business on August 26, 2021, payable on September 9, 2021.
Aug 02, 2021 04:20 pm ET
FDIC Approves Investors Bank's Acquisition of 8 Berkshire Bank Branches in New Jersey and Eastern Pennsylvania
SHORT HILLS, N.J., Aug. 2, 2021 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ: ISBC) ("Investors Bancorp"), the parent company of Investors Bank, announced today that the Federal Deposit Insurance Corporation has approved Investors Bank's acquisition of the eight New Jersey and eastern Pennsylvania branches of Berkshire Bank, the wholly-owned subsidiary of Berkshire Hills Bancorp, Inc. (NYSE: BHLB).
Jul 21, 2021 06:55 am ET
Berkshire Hills Reports Higher Second Quarter Earnings
BOSTON, July 21, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that second quarter 2021 delivered earnings per share of $0.43, compared to a loss in same quarter last year and an increase of 65% from $0.26 in the first quarter of 2021. Adjusted earnings per share, a non-GAAP measure, increased by 38% to $0.44 from $0.32 in the first quarter. Second quarter results featured year-over-year fee income growth due to higher consumer activity, disciplined expense control, credit improvement and resumption of share repurchases that were paused in 2020.
Jul 01, 2021 05:50 pm ET
Berkshire Hills Second Quarter Earnings Release and Conference Call Dates
BOSTON, July 1, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its second quarter earnings release before the market opens on Wednesday, July 21, 2021.  The Company will also place an investor presentation at its website at ir.berkshirebank.com.
Jun 18, 2021 08:00 am ET
Berkshire Hills Announces Quarterly Shareholder Dividend
BOSTON, June 18, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.12 per common share to shareholders of record at the close of business on June 29, 2021, payable on July 8, 2021. 
Feb 16, 2021 07:20 am ET
Berkshire Hills Bancorp, Inc. Reiterates Commitment to Shareholder Value Creation
BOSTON, Feb. 16, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today issued the following statement in response to a press release and letter from HoldCo Asset Management, LP ("HoldCo"):
Jan 25, 2021 03:16 pm ET
Berkshire Hills Bancorp, Inc. Names Nitin Mhatre Chief Executive Officer
BOSTON, Jan. 25, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) (Company), the parent company of Berkshire Bank, announced today that the joint Board of Directors of the Company and the Bank (Board) has appointed Nitin J. Mhatre as President and Chief Executive Officer (CEO) of the Company and CEO of the Bank, effective January 29, 2021. Mr. Mhatre will also serve as a member of the Board. Sean Gray, who has served as Acting CEO since August 10, 2020, has been and will continue to be President and Chief Operating Officer of the Bank.
Jan 25, 2021 03:15 pm ET
Berkshire Hills Announces Fourth Quarter Results; Annual Meeting Date Announced
BOSTON, Jan. 25, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced fourth quarter 2020 net income of $15 million, or $0.30 per share, compared to $21 million, or $0.42 per share, in the prior quarter.  The fourth quarter non-GAAP measure of core earnings totaled $14 million, or $0.28 per share, compared to $26 million, or $0.53 per share, in the prior quarter.  The change in earnings is primarily due to pandemic related impacts, including a $9 million increase in the noncash provision for expected credit losses.  
Jan 12, 2021 04:00 pm ET
Berkshire Hills Fourth Quarter 2020 Earnings Release and Conference Call Dates
BOSTON, Jan. 12, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its fourth quarter earnings release after the market closes on Monday, January 25, 2021.
Dec 02, 2020 03:45 pm ET
Berkshire Hills Announces Branch Initiatives to Strengthen Franchise
BOSTON, Dec. 2, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its wholly owned subsidiary Berkshire Bank has entered into an agreement with Investors Bank of Short Hills, New Jersey, subject to customary regulatory approvals, to sell its Mid-Atlantic branches, consisting of  six offices in New Jersey and two in Pennsylvania. In addition, the Bank plans to consolidate 16 full-service branches.  Following the targeted completion of these initiatives in the first half of 2021, the bank will operate a total of 106 branches across Massachusetts, C
Nov 30, 2020 03:15 pm ET
Berkshire Hills Announces Quarterly Shareholder Dividend
BOSTON, Nov. 30, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.12 per common share to shareholders of record at the close of business on December 17, 2020, payable on December 29, 2020. 
Oct 26, 2020 04:15 pm ET
Berkshire Hills Announces Third Quarter Results
BOSTON, Oct. 26, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced third quarter net income of $21 million, or $0.42 per share, in 2020 compared to $23 million, or $0.44 per share, in 2019.  The non-GAAP measure of core earnings totaled $26 million, or $0.53 per share, in the third quarter of 2020 compared to $24 million, or $0.46, per share in the third quarter of 2019.  Compared to the linked quarter, results benefited from higher revenue and lower expense as the Company continues to adjust operations to improve operating profitability.
Oct 14, 2020 04:15 pm ET
Berkshire Hills Third Quarter 2020 Earnings Release and Conference Call Dates
BOSTON, Oct. 14, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its third quarter earnings release after the market closes on Monday, October 26, 2020. 
Jul 29, 2020 04:15 pm ET
Berkshire Hills Announces Second Quarter Results
BOSTON, July 29, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported a second quarter loss due to non-cash charges related to goodwill impairment and the provision for credit losses, both stemming from the COVID-19 pandemic.   These charges had no material impact on cash flow, liquidity, or regulatory capital.  Berkshire generated positive cash earnings before these charges and the Bank continued to strengthen its regulatory capital ratios and liquidity while growing its loans and deposits. 
Jul 22, 2020 04:15 pm ET
Berkshire Hills Second Quarter 2020 Earnings Release and Conference Call Dates
BOSTON, July 22, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its second quarter earnings release after the market closes on Wednesday, July 29, 2020. 
Jun 18, 2020 04:15 pm ET
Berkshire Hills Announces Quarterly Shareholder Dividends
BOSTON, June 18, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.24 per common share to shareholders of record at the close of business on June 29, 2020 payable on July 6, 2020. Effective for the same dates, the Board also approved a quarterly cash dividend on preferred stock of $0.48 per preferred share.
May 04, 2020 04:15 pm ET
Berkshire Hills Announces First Quarter Results; Provides Update on Operations During Pandemic and Dividend Guidance
BOSTON, May 4, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported a first quarter 2020 net loss of $0.40 per share.  The non-GAAP measure of core EPS was a loss of $0.07.  First quarter results reflect a non-cash $0.69 per share pre-tax provision for projected future credit losses primarily related to the COVID-19 pandemic.  The company's core pre-provision net revenue ("Core PPNR"), was $0.61 per share.  This is a non-GAAP financial measure of the Company's ongoing operations before provision and tax expense, and before discontinued operations and securit
Apr 30, 2020 07:42 am ET
Berkshire Hills First Quarter 2020 Earnings Release and Conference Call Dates
BOSTON, April 30, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its first quarter earnings release after the market closes on Monday, May 4, 2020.  
Oct 28, 2019 04:15 pm ET
Berkshire Hills Reports Third Quarter Results; Dividend Declared
BOSTON, Oct. 28, 2019 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported third quarter 2019 GAAP net income of $23 million, or $0.44 per share, compared to $25 million, or $0.52 per share, in the prior quarter.   The non-GAAP measure of core earnings totaled $24 million, or $0.46 per share, compared to $32 million, or $0.65 per share, in the prior quarter.  Non-core earnings are net of discontinued operations and merger charges which in 2019 were related to the May 17 acquisition of SI Financial Group, Inc.  Third quarter results included a $16 million loan loss provision ($
Oct 28, 2019 04:12 pm ET
Berkshire Hills Elects J. Williar Dunlaevy as Board Chair; William J. Ryan to Remain on Board
BOSTON, Oct. 28, 2019 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) announced that its Board of Directors has unanimously elected J. Williar ("Bill") Dunlaevy to serve as its Chairman, effective December 1, 2019.  A former bank CEO, Mr. Dunlaevy has served as a director since 2011 and is designated as independent as well as a financial expert by the Board of Directors under the rules of the Securities and Exchange Commission and the New York Stock Exchange. The Company's banking subsidiary, Berkshire Bank, has similarly elected Mr. Dunlaevy as Board Chair. 
Oct 03, 2019 04:10 pm ET
Berkshire Hills Third Quarter 2019 Earnings Release and Conference Call Dates
BOSTON, Oct. 3, 2019 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its third quarter earnings release after the market closes on Monday, October 28, 2019.
Jul 23, 2019 04:15 pm ET
Berkshire Hills Reports Second Quarter Results; Dividend Declared
BOSTON, July 23, 2019 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported GAAP net income of $25 million, or $0.52 per share, in the second quarter of 2019.  The non-GAAP measure of core earnings totaled $32 million, or $0.65 per share.  Net non-core charges were primarily related to the acquisition of Willimantic, CT based SI Financial Group, Inc. on May 17, 2019 and are net of discontinued operations.  GAAP EPS increased by 2% compared to the prior quarter, while core EPS increased by 8% due to the benefits of the Company's initiatives. 
Jul 09, 2019 04:15 pm ET
Berkshire Hills Announces Appointment of Executive Vice President, Chief Experience and Culture Officer
BOSTON, July 9, 2019 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) announced the appointment of longtime community organizer and activist, Malia Lazu, to the newly created position of Executive Vice President, Chief Experience and Culture Officer of Berkshire Bank. This is another step reflecting the Bank's commitment to deepening relationships with the communities it serves.
Jul 09, 2019 04:15 pm ET
Berkshire Hills Names New Chief Human Resources Officer
BOSTON, July 9, 2019 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) announced the promotion of Jacqueline Courtwright to Senior Vice President and Chief Human Resources Officer of Berkshire Bank.  She will report directly to Sean Gray, the Banks' President and COO.
Jul 01, 2019 04:15 pm ET
Berkshire Hills Second Quarter 2019 Earnings Release and Conference Call Dates
BOSTON, July 1, 2019 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its second quarter earnings release after the market closes on Tuesday, July 23, 2019.
May 17, 2019 05:30 pm ET
Berkshire Hills Completes SI Financial Group, Inc. Acquisition
BOSTON, May 17, 2019 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE:  BHLB) ("Berkshire") completed the acquisition of SI Financial Group, Inc. ("Savings Institute") and the merger of Savings Institute and Trust Company into Berkshire Bank effective at the close of business today. 
May 15, 2019 06:55 pm ET
Berkshire Hills and SI Financial Announce Regulatory Approvals and Planned Closing Date of Pending Merger
BOSTON and WILLIMANTIC, Conn., May 15, 2019 /PRNewswire/ -- Berkshire Hills Bancorp, Inc.  (NYSE: BHLB) ("Berkshire") and SI Financial Group, Inc. (NASDAQ: SIFI) ("SI Financial") announced today that all regulatory approvals relating to the merger of SI Financial with and into Berkshire have been received.  SI Financial shareholders previously approved the merger at a special meeting of shareholders on April 2, 2019.  The merger's legal closing is expected to be effective at the close of business on Friday, May 17, 2019, subject to the satisfaction of customary closing conditions.   
Apr 29, 2019 04:10 pm ET
Berkshire Hills Reports First Quarter Results; Dividends Declared; Board Authorizes 2.4 Million Share Repurchase Program
BOSTON, April 29, 2019 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported GAAP net income of $24 million, or $0.51 per share, in the first quarter of 2019.  The non-GAAP measure of core earnings totaled $28 million, or $0.60 per share.  Non-core expenses were primarily composed of merger and restructuring charges.
Apr 01, 2019 05:20 pm ET
Berkshire Hills First Quarter 2019 Earnings Release and Conference Call Dates
BOSTON, April 1, 2019 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its first quarter earnings release after the market closes on Monday, April 29, 2019.
Jan 23, 2019 03:15 pm ET
Berkshire Hills Reports Fourth Quarter Results; Increases Dividend 5%
BOSTON, Jan. 23, 2019 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported GAAP net income of $14 million, or $0.31 per common share in the fourth quarter of 2018.   The non-GAAP measure of core earnings totaled $29 million, or $0.63 per share, during this period.   Both GAAP and core EPS totaled $0.70 in the prior quarter.  The benefit of higher net interest income in the fourth quarter was offset by lower fee income and higher expense.  Core EPS is net of non-core charges which totaled $0.32 per share after tax in the fourth quarter and included merger related expenses and o
Jan 08, 2019 03:45 pm ET
Berkshire Hills Fourth Quarter 2018 Earnings Release and Conference Call Dates
BOSTON, Jan. 8, 2019 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its fourth quarter earnings release after the market closes on Wednesday, January 23, 2019.
Dec 20, 2018 09:36 am ET
SI FINANCIAL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of SI Financial Group, Inc. - SIFI
NEW ORLEANS, Dec. 20, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of SI Financial Group, Inc. ("SI") (NasdaqGM: SIFI) to Berkshire Hills Bancorp, Inc. ("Berkshire") (NYSE: BHLB).  Under the terms of the proposed transaction, shareholders of SI will receive only 0.48 shares of Berkshire for each share of SI that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues th
Dec 19, 2018 10:51 am ET
MERGER ALERT – SIFI and GPIC: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies
The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. SI Financial Group, Inc. (NASDAQGM: SIFI)...
Dec 11, 2018 06:51 pm ET
Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of SI Financial Group (SIF) on Behalf of Stockholders and Encourages SIF Investors to Contact the Firm
Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of SI Financial Group (NASDAQ: SIFI) on behalf of stockholders concerning the proposed acquisition of the company by Berkshire Hills Bancorp, Inc. (NYSE:...
Dec 11, 2018 05:18 pm ET
INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of SI Financial Group, Inc. to Berkshire Hills Bancorp, Inc. is Fair to Shareholders
The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased SI Financial Group, Inc. (“SIFI” or the “Company”) (NASDAQGM: SIFI) stock prior to December 11, 2018. You are hereby notified that Levi &...
Dec 11, 2018 03:30 pm ET
Berkshire Hills to Acquire SI Financial Group
BOSTON, and WILLIMANTIC, Conn., Dec. 11, 2018 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) ("Berkshire") and SI Financial Group, Inc. (NASDAQ: SIFI) ("SIFI") announced today that they have signed a definitive merger agreement under which Berkshire will acquire SIFI and its subsidiary, Savings Institute Bank and Trust Company ("Savings Institute"), in an all-stock transaction valued at $180 million based on Berkshire's stock price as of the close of business on December 10, 2018.
Nov 26, 2018 03:53 pm ET
Berkshire Hills Announces CEO Transition
BOSTON, Nov. 26, 2018 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) the parent company of Berkshire Bank, announced today that Michael P. Daly has stepped down as Chief Executive Officer, President and Director.  Berkshire Bank President, Richard M. Marotta has been named Chief Executive Officer and President of the Company and Chief Executive Officer of the Bank; and he has also been appointed as a member of the Board of Directors. Additionally, Berkshire Bank Chief Operating Officer, Sean A. Gary has been named President of the Bank.  Although these changes are effective immed
Oct 17, 2018 04:10 pm ET
Berkshire Hills Reports 40% Increase in Third Quarter Earnings; Dividends Declared
BOSTON, Oct. 17, 2018 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported third quarter 2018 net income of $32 million, a 40% increase over $23 million in the third quarter of 2017 due primarily to the benefit of business growth including expansion in Greater Boston through acquisition and business development. 
Oct 03, 2018 04:10 pm ET
Berkshire Hills Third Quarter 2018 Earnings Release and Conference Call Dates
BOSTON, Oct. 3, 2018 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its third quarter earnings release after the market closes on Wednesday, October 17, 2018.
Jul 26, 2018 11:49 am ET
Berkshire Hills Appoints Gary Levante Vice President, Corporate Social Responsibility Officer
BOSTON, July 26, 2018 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) announced that Gary Levante has been appointed Vice President, Corporate Social Responsibility (CSR) Officer, a newly created position within the Berkshire Bank Foundation.
Jul 26, 2018 08:25 am ET
Investor Expectations to Drive Momentum within Berkshire Hills, Target, Badger Meter, CVS Health, SLM, and Lowe's Companies — Discovering Underlying Factors of Influence
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Berkshire Hills Bancorp, Inc. (NYSE:BHLB), Target Corporation (NYSE:TGT),...
Jul 18, 2018 04:10 pm ET
Berkshire Hills Reports 73% Increase in Second Quarter Earnings; Dividends Declared
BOSTON, July 18, 2018 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported second quarter 2018 net income of $34 million, which was a 73% increase over 2017 second quarter net income of $20 million.  This primarily reflected the benefit of Berkshire's Greater Boston expansion through acquisition and business development, resulting in higher market share, increased efficiency, and record profitability.
Jun 27, 2018 04:10 pm ET
Berkshire Hills Second Quarter 2018 Earnings Release and Conference Call Dates
BOSTON, June 27, 2018 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its second quarter earnings release after the market closes on Wednesday, July 18, 2018.
Jun 06, 2018 05:49 pm ET
Ollie's Bargain Outlet Holdings Set to Join S&P MidCap 400; Berkshire Hills Bancorp Set to Join S&P SmallCap 600
NEW YORK, June 6, 2018 /PRNewswire/ -- S&P SmallCap 600 constituent Ollie's Bargain Outlet Holdings Inc. (NASD: OLLI) will replace Orbital ATK Inc. (NYSE: OA) in the S&P MidCap 400, and Berkshire Hills Bancorp Inc. (NYSE: BHLB) will replace Ollie's Bargain Outlet Holdings in the S&P SmallCap 600 effective prior to the open of trading on Monday, June 11. S&P 500 constituent Northrop Grumman Corp. (NYSE: NOC) is acquiring Orbital ATK in a deal expected to be completed today.
May 21, 2018 08:00 am ET
Detailed Research: Economic Perspectives on CBL & Associates Properties, Covenant Transportation Group, Mitek, Comtech Telecommunications, CSG Systems International, and Berkshire Hills — What Drives
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of CBL Associates Properties, Inc. (NYSE:CBL), Covenant Transportation...
May 14, 2018 04:10 pm ET
Berkshire Hills Receives Investment Grade Ratings from Kroll Bond Rating Agency; Berkshire Bank Deposits Rated A-
BOSTON, May 14, 2018 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that Kroll Bond Rating Agency (KBRA), a full-service rating agency, has initiated coverage on the Company and its Berkshire Bank subsidiary with investment grade ratings.
May 07, 2018 04:10 pm ET
Berkshire Hills to Present at the East Coast IDEAS Investor Conference on May 9th in Boston
BOSTON, May 7, 2018 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), today announced that Allison O'Rourke, EVP Finance & Investor Relations will present at the East Coast IDEAS Investor Conference on Wednesday, May 9, 2018 at the Boston Park Plaza in Boston, Massachusetts. Berkshire's presentation is scheduled to begin at 3:10 pm EDT. 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.
Apr 23, 2018 04:15 pm ET
Berkshire Hills Reports 63% Increase in First Quarter Earnings; Dividend Declared
Apr 02, 2018 04:30 pm ET
Berkshire Hills First Quarter 2018 Earnings Release and Conference Call Dates
BOSTON, April 2, 2018 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its first quarter earnings release after the market closes on Monday, April 23, 2018.
Mar 26, 2018 08:30 am ET
Report: Developing Opportunities within AllianceBernstein Holding, Deutsche Bank Aktiengesellschaft, Syros Pharmaceuticals, Ply Gem, Ensco plc, and Berkshire Hills — Future Expectations, Projections M
NEW YORK, March 26, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of AllianceBernstein Holding L.P. (NYSE:AB), Deutsche Bank...
Jan 25, 2018 03:10 pm ET
Berkshire Hills Reports Operating Results; Dividend Increased; Annual Meeting Announced
PITTSFIELD, Mass., Jan. 25, 2018 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported that fourth quarter pre-tax income grew by 82% to $19.5 million in 2017 compared to $10.7 million in the prior year.  This improvement was due to business development and the benefit of mergers, including Worcester-based Commerce Bancshares Corp. which was acquired on October 13, 2017.  Net income after-tax was impacted by an $18 million non-core charge to income tax expense resulting from federal tax reform enacted near year-end.  This reform is expected to benefit future earnings due to a l
Jan 25, 2018 07:30 am ET
New Research: Key Drivers of Growth for Sykes Enterprises, Minerals Technologies, Minerva Neurosciences, Gibraltar Industries, Berkshire Hills, and Cheniere Energy Partners LP — Factors of Influence,
NEW YORK, Jan. 25, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Sykes Enterprises, Incorporated (NASDAQ:SYKE), Minerals Technologies...
Jan 05, 2018 03:10 pm ET
Berkshire Hills Fourth Quarter 2017 Earnings Release and Conference Call Dates
PITTSFIELD, Mass., Jan. 5, 2018 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its fourth quarter earnings release after the market closes on Thursday, January 25, 2018.
Jan 04, 2018 04:00 pm ET
Berkshire Hills Announces Employee and Community Investments
PITTSFIELD, Mass., Jan. 4, 2018 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent of Berkshire Bank, today announced additional investments in its employees and communities following the recent passage of federal tax reform legislation. 
Oct 19, 2017 05:10 pm ET
Berkshire Hills Reports Third Quarter Earnings; Dividend Declared
PITTSFIELD, Mass., Oct. 19, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported third quarter 2017 net income of $22.9 million, or $0.57 per share and core earnings of $23.6 million, or $0.59 per share.  Net income was up 40% year-over-year, while core earnings grew 35% due to the benefit of business expansion.  Net income per share increased by 8%, while core EPS increased by 4%.  Net income was impacted by net non-core charges related primarily to acquisitions.  Core earnings related measures are non-GAAP measures that exclude these charges and other non-ordinary items
Oct 16, 2017 09:42 am ET
Berkshire Hills Completes Commerce Bancshares Corp. Acquisition
PITTSFIELD, Mass., Oct. 16, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) has completed the acquisition of Commerce Bancshares Corp. and the merger of Commerce Bank & Trust Company into Berkshire Bank, effective at the close of business on October 13, 2017. 
Oct 05, 2017 09:01 am ET
Berkshire Bank Expands Boston Team
PITTSFIELD, Mass., Oct. 5, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) is pleased to announce the addition of three new leaders to the Bank's established team in the Greater Boston area: Paul Kelly, Regional President – Boston and Worcester; Doug MacLean, Senior Vice President, Commercial Real Estate Market Executive; and Susan Yahn DiPinto, Senior Vice President, Private Banking. By adding these top bankers, Berkshire deepens its capacity to serve the Eastern Massachusetts market.
Oct 05, 2017 09:00 am ET
Berkshire Hills Announces Boston Corporate Headquarters Location
PITTSFIELD, Mass., Oct. 5, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent of Berkshire Bank, has chosen 60 State Street, Boston, MA as its new corporate headquarters. This exciting move is designed to support the Bank's growth throughout the Northeast and beyond.  The office location is strategically positioned at the highly coveted intersection of State and Congress Streets, in the heart of Boston's financial district and steps from historic Faneuil Hall.
Oct 03, 2017 05:15 pm ET
Berkshire Hills and Commerce Bancshares Announce Receipt of Regulatory Approvals and Targeted Closing Date of Pending Merger
PITTSFIELD, Mass. and WORCESTER, Mass., Oct. 3, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc.  (NYSE: BHLB) and Commerce Bancshares Corp. announced today that all regulatory approvals relating to the merger of Commerce with and into Berkshire have been received.  Commerce shareholders previously approved the merger at a special meeting of shareholders on September 21, 2017.  The merger is targeted to close on or about October 13, 2017. 
Sep 29, 2017 05:15 pm ET
Berkshire Hills Third Quarter 2017 Earnings Release and Conference Call Dates
PITTSFIELD, Mass., Sept. 29, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its third quarter earnings release after the market closes on Thursday, October 19, 2017.
Jul 19, 2017 05:10 pm ET
Berkshire Hills Reports Second Quarter Earnings; Dividend Declared
PITTSFIELD, Mass., July 19, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported second quarter 2017 net income of $19.7 million, or $0.53 per share.   Core earnings totaled $21.6 million, or $0.58 per share.   Net income was up 23% year-over-year, while core earnings grew 31% due to the benefit of business expansion.  Net income per share increased by 2%, while core EPS increased by 7%.  Net income was impacted by net non-core charges related primarily to acquisitions. 
Jun 30, 2017 09:45 am ET
Berkshire Hills Second Quarter 2017 Earnings Release and Conference Call Dates
PITTSFIELD, Mass., June 30, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its second quarter earnings release after the market closes on Wednesday, July 19, 2017.
May 25, 2017 05:32 pm ET
Berkshire Hills Bancorp Announces Closing of Common Stock Offering
PITTSFIELD, Mass., May 25, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) (the "Company") announced today the closing of an underwritten public offering of 4,637,690 shares of the Company's common stock at a price to the public of $34.50 per share. Sandler O'Neill + Partners, L.P. served as the sole active book-running manager and Piper Jaffray & Co. served as the passive book-running manager for the offering.  The net proceeds to the Company after deducting the underwriting discount and commissions and other estimated offering expenses are expected to be approximately $
May 22, 2017 09:37 am ET
Berkshire Hills Bancorp Announces Pricing of Common Stock Offering
PITTSFIELD, Mass., May 22, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) (the "Company") announced today the pricing of an underwritten public offering of 4,637,690 shares of the Company's common stock at a price to the public of $34.50 per share resulting in net proceeds to the Company of approximately $152.9 million, after deducting the underwriting discount and commissions and other estimated offering expenses. The Company intends to use the net proceeds from the offering for general corporate purposes.  Sandler O'Neill + Partners, L.P. is serving as the sole active book
May 22, 2017 08:55 am ET
Berkshire Hills to Acquire Commerce Bancshares
PITTSFIELD, Mass. and WORCESTER, Mass., May 22, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE:  BHLB)  and Commerce Bancshares Corp. (Private; "Commerce") announced today that they have signed a definitive merger agreement under which Berkshire will acquire Commerce and its subsidiary, Commerce Bank and Trust ("Commerce Bank"), in an all-stock transaction valued at $209 million.
Apr 24, 2017 05:10 pm ET
Berkshire Hills Reports First Quarter Earnings; Dividend Declared
PITTSFIELD, Mass., April 24, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported first quarter 2017 earnings of $15.5 million, or 44 cents per share.  Core earnings totaled $19.4 million, or $0.55 per share.  Net income increased by 50% over the prior quarter and core earnings increased by 8% including the first full quarter benefit of the acquired First Choice operations.  Non-core after-tax merger charges totaled $0.12 per share for the quarter. 
Apr 05, 2017 06:04 pm ET
Berkshire Hills First Quarter 2017 Earnings Release and Conference Call Dates
PITTSFIELD, Mass., April 5, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its first quarter earnings release after the market closes on Monday, April 24, 2017.
Feb 21, 2017 04:48 pm ET
Berkshire Hills Announces Annual Meeting Date and Time
PITTSFIELD, Mass., Feb. 21, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) has scheduled its Annual Meeting of Shareholders for Thursday, May 18, 2017 at the Crowne Plaza Hotel, One West Street, Pittsfield, Massachusetts at 10:00 a.m.  The date of March 20, 2017 was established as the record date for the determination of the shareholders entitled to notice of, and to vote at, the Annual Meeting.
Jan 30, 2017 04:10 pm ET
Berkshire Hills Reports Record Annual Earnings; Dividend Increased
PITTSFIELD, Mass., Jan. 30, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported record earnings of $59 million in 2016, an increase of 18% over the prior year.  Earnings grew due to positive operating leverage from business expansion and improved efficiency.  Fourth quarter 2016 results included the operations of First Choice Bank from the date of its acquisition on December 2. 
Jan 04, 2017 05:10 pm ET
Berkshire Hills Fourth Quarter 2016 Earnings Release and Conference Call Dates
PITTSFIELD, Mass., Jan. 4, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its fourth quarter earnings release after the market closes on Monday, January 30, 2017.
Dec 16, 2016 07:57 am ET
Berkshire Hills Announces Governance Enhancements
PITTSFIELD, Mass., Dec. 16, 2016 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has amended the Company's By-Laws to require annual election of all directors.  The Company also announced the retirement of board members Thomas R. Burton, Rodney C. Dimock, Susan M. Hill and Barton D. Raser, effective on December 15, 2016.
Dec 05, 2016 08:28 am ET
Berkshire Hills Completes First Choice Bank Acquisition
PITTSFIELD, Mass., Dec. 5, 2016 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) has completed the acquisition of First Choice Bank and the merger of First Choice Bank into Berkshire Bank, effective at the close of business on December 2, 2016.  As a result of this merger, First Choice Loan Services Inc. has become a wholly-owned operating subsidiary of Berkshire Bank.
Oct 24, 2016 05:10 pm ET
Berkshire Hills Reports Earnings Per Share Increase in Third Quarter; Dividend Declared
PITTSFIELD, Mass., Oct. 24, 2016 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported an 8% improvement in third quarter GAAP earnings of $0.53 per share in 2016 compared to $0.49 in 2015.  Profits increased due to revenue growth from business expansion, together with the benefit of higher efficiency.  Core earnings is a non-GAAP measure excluding non-core items consisting primarily of merger and restructuring costs.  Third quarter core earnings per share increased to $0.57 per share from $0.54.  Compared to the prior quarter, GAAP earnings per share increased by $0.01 and cor
Sep 30, 2016 05:10 pm ET
Berkshire Hills Third Quarter 2016 Earnings Release and Conference Call Dates
PITTSFIELD, Mass., Sept. 30, 2016 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its third quarter earnings release after the market closes on Monday, October 24, 2016.
Jul 29, 2016 09:42 am ET
Berkshire Hills to Present at the 2016 KBW Community Bank Investor Conference in New York City on August 2
PITTSFIELD, Mass., July 29, 2016 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) announced that Mike Daly, President and CEO, will present at the 2016 Keefe, Bruyette & Woods Community Bank Investor Conference on Tuesday August 2, 2016 in New York City.  Berkshire's presentation is scheduled to begin at 2:30PM EDT.  The presentation will be webcast live and may be accessed via http://wsw.com/webcast/kbw35/bhlb or at the investor relations section of the company's website: ir.berkshirebank.com.  A replay of the webcast and presentation slides will be available at the aforementi
Jul 25, 2016 05:16 pm ET
Berkshire Hills Reports Second Quarter Results and Declares Dividend
PITTSFIELD, Mass., July 25, 2016 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported second quarter GAAP earnings of $0.52 per share in 2016 compared to $0.35 in 2015.  Core earnings increased to $0.54 per share from $0.51 for these respective periods.  Results increased due to expanded operations and improved profitability. Core EPS is a non-GAAP financial measure and is adjusted to exclude net non-core charges primarily related to acquisitions and restructuring activities.  GAAP results last year included higher noncore charges related to the Hampden Bancorp acquisition.
Jul 11, 2016 05:15 pm ET
Berkshire Hills Appoints James M. Moses Chief Financial Officer
PITTSFIELD, Mass., July 11, 2016 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) the parent company of Berkshire Bank, announced that on July 6, 2016, James "Jamie" M. Moses was appointed Senior Executive Vice President, Chief Financial Officer of the Company and the Bank.  Senior Executive Vice President and Chief Financial Officer Josephine Iannelli has chosen to leave the company as of July 5, 2016, to pursue other opportunities.
Jul 06, 2016 06:43 pm ET
Berkshire Hills Second Quarter 2016 Earnings Release and Conference Call Dates
PITTSFIELD, Mass., July 6, 2016 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its second quarter earnings release after the market closes on Monday, July 25, 2016.
Jun 27, 2016 08:18 am ET
Berkshire Hills to Acquire First Choice Bank
PITTSFIELD, Mass. and LAWRENCEVILLE, N.J., June 27, 2016 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) and First Choice Bank (Private; "First Choice") today announced that they have signed a definitive merger agreement under which First Choice Bank will merge into Berkshire Bank and its subsidiary, First Choice Loan Services Inc., will become a subsidiary of Berkshire Bank in an all-stock transaction valued at approximately $111.7 million.   
May 06, 2016 09:00 am ET
Berkshire Hills Recaps 2015 Highlights at Annual Meeting; All Proposals Approved by Shareholders
PITTSFIELD, Mass., May 6, 2016 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) held its annual meeting of shareholders on May 5, in Pittsfield, Massachusetts.
Apr 25, 2016 05:10 pm ET
Berkshire Hills Reports 8% Increase in First Quarter Core EPS; Dividend Declared
PITTSFIELD, Mass., April 25, 2016 /PRNewswire/ -- 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.
Apr 04, 2016 10:51 am ET
Berkshire Hills First Quarter 2016 Earnings Release and Conference Call Dates
PITTSFIELD, Mass., April 4, 2016 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its first quarter earnings release after the market closes on Monday, April 25, 2016.
Jan 25, 2016 04:15 pm ET
Berkshire Hills Reports 13% Increase in Fourth Quarter Core EPS; Dividend Increased; Annual Meeting Date Set
PITTSFIELD, Mass., Jan. 25, 2016 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported a 13% increase in fourth quarter core earnings per share to $0.54 in 2015 from $0.48 in 2014.  The earnings improvement was driven by 17% revenue growth produced by the Company's expanded operations.  Fourth quarter GAAP EPS increased to $0.52 from $0.46.  For the year, core earnings per share increased by 16% to $2.09 in 2015 from $1.80 in 2014, while GAAP EPS increased to $1.73 from $1.36.  GAAP results in all periods included net non-core charges primarily related to acquisitions and restr

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.

Learn More