Berkshire Hills Bancorp (BHLB) Reports In-Line Q2 EPS

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Berkshire Hills Reports Second Quarter Results and Declares Dividend

July 25, 2016 4:17 PM EDT

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... More