Berkshire Hills Bancorp (BHLB) Raises Quarterly Dividend 4.3% to $0.24; 3.2% Yield
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Berkshire Hills Reports Fourth Quarter Earnings Growth; Dividend Increased by 4%
January 27, 2020 4:15 PM ESTBOSTON, Jan. 27, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) reported that fourth quarter GAAP earnings increased to $0.51 per share in 2019, compared to $0.31 in 2018. Core earnings per share improved to $0.70 from $0.69 for these respective periods. Quarterly results benefited from Berkshire's initiatives in 2019, including business repositioning strategies and completing an acquisition. Core earnings is a non-GAAP financial measure which excludes merger and restructuring charges, as well as results of discontinued operations. Â
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