Berkshire Hills Bancorp (BHLB) Tops Q1 EPS by 1c

Berkshire Hills Bancorp (NYSE: BHLB) reported Q1 EPS of $0.65, $0.01 better than the analyst estimate of $0.64.

• $0.55 GAAP EPS
• $0.65 Core EPS
• 13% increase in net revenue
• 30% increase in loan and deposit related fee income
• 4% annualized loan growth; 3% annualized C&I loan growth
• 3% increase in average deposits
• 3.36% net interest margin
• 59.5% efficiency ratio
• 0.27% non-performing assets/assets
• 0.17% net loan charge-offs/average loans

For earnings history and earnings-related data on Berkshire Hills Bancorp (BHLB) click here.

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