Berkshire Hills Bancorp (BHLB) Declares $0.20 Quarterly Dividend; 2.9% Yield

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Berkshire Hills Reports 8% Increase in First Quarter Core EPS; Dividend Declared

April 25, 2016 4:10 PM EDT

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.

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