Berkshire Hills Bancorp (BHLB) Declares $0.20 Quarterly Dividend; 2.8% Yield
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Berkshire Hills Reports Earnings Per Share Increase in Third Quarter; Dividend Declared
October 24, 2016 4:10 PM EDTPITTSFIELD, Mass., Oct. 24, 2016 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported an 8% improvement in third quarter GAAP earnings of $0.53 per share in 2016 compared to $0.49 in 2015. Profits increased due to revenue growth from business expansion, together with the benefit of higher efficiency. Core earnings is a non-GAAP measure excluding non-core items consisting primarily of merger and restructuring costs. Third quarter core earnings per share increased to $0.57 per share from $0.54. Compared to the prior quarter, GAAP earnings per share increased... More
