Berkshire Hills Bancorp (BHLB) Tops Q2 EPS by 6c

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Go back to Berkshire Hills Bancorp (BHLB) Tops Q2 EPS by 6c

Berkshire Hills Reports 16% Increase in Second Quarter Core EPS; Dividend Declared

July 22, 2015 4:10 PM EDT

PITTSFIELD, Mass., July 22, 2015 /PRNewswire/ -- 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... More