Berkshire Hills Bancorp (BHLB) Raises Quarterly Dividend 5% to $0.21; 2.4% Yield
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Berkshire Hills Reports Record Annual Earnings; Dividend Increased
January 30, 2017 4:10 PM ESTPITTSFIELD, Mass., Jan. 30, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported record earnings of $59 million in 2016, an increase of 18% over the prior year. Earnings grew due to positive operating leverage from business expansion and improved efficiency. Fourth quarter 2016 results included the operations of First Choice Bank from the date of its acquisition on December 2.Â
Fourth quarter 2016 GAAP earnings per share totaled $0.32 and were net of... More
