Berkshire Hills Bancorp (BHLB) Raises Quarterly Dividend 5.3% to $0.20; 3.1% Yield
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Berkshire Hills Reports 13% Increase in Fourth Quarter Core EPS; Dividend Increased; Annual Meeting Date Set
January 25, 2016 4:16 PM ESTPITTSFIELD, 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... More
