Berkshire Hills Bancorp (BHLB) Declares $0.23 Quarterly Dividend, 3% Yield; Board Authorizes 2.4M Share Buyback

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Go back to Berkshire Hills Bancorp (BHLB) Declares $0.23 Quarterly Dividend, 3% Yield; Board Authorizes 2.4M Share Buyback

Berkshire Hills Reports First Quarter Results; Dividends Declared; Board Authorizes 2.4 Million Share Repurchase Program

April 29, 2019 4:10 PM EDT

BOSTON, April 29, 2019 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported GAAP net income of $24 million, or $0.51 per share, in the first quarter of 2019.  The non-GAAP measure of core earnings totaled $28 million, or $0.60 per share.  Non-core expenses were primarily composed of merger and restructuring charges.

FIRST QUARTER FINANCIAL HIGHLIGHTS (balance sheet metrics are compared to prior quarter-end):... More