Berkshire Hills Bancorp (BHLB) Declares $0.21 Quarterly Dividend; 2.3% Yield
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Berkshire Hills Reports First Quarter Earnings; Dividend Declared
April 24, 2017 4:10 PM EDTPITTSFIELD, Mass., April 24, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported first quarter 2017 earnings of $15.5 million, or 44 cents per share. Core earnings totaled $19.4 million, or $0.55 per share. Net income increased by 50% over the prior quarter and core earnings increased by 8% including the first full quarter benefit of the acquired First Choice operations. Non-core after-tax merger charges totaled $0.12 per share for the quarter.Â
FIRST QUARTER FINANCIAL HIGHLIGHTS (comparisons are to prior quarter unless otherwise stated):Â
34% increase in total net revenue... More