Berkshire Hills Bancorp (BHLB) Declares $0.21 Quarterly Dividend; 2.3% Yield

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Berkshire Hills Reports Second Quarter Earnings; Dividend Declared

July 19, 2017 4:10 PM EDT

PITTSFIELD, Mass., July 19, 2017 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported second quarter 2017 net income of $19.7 million, or $0.53 per share.   Core earnings totaled $21.6 million, or $0.58 per share.   Net income was up 23% year-over-year, while core earnings grew 31% due to the benefit of business expansion.  Net income per share increased by 2%, while core EPS increased by 7%.  Net income was impacted by net non-core charges related primarily to acquisitions. 

SECOND QUARTER FINANCIAL HIGHLIGHTS... More