Berkshire Hills Bancorp (BHLB) Declares $0.20 Quarterly Dividend; 2.8% Yield

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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

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