Berkshire Hills Bancorp (BHLB) Tops Q3 EPS by 61c

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Go back to Berkshire Hills Bancorp (BHLB) Tops Q3 EPS by 61c

Berkshire Hills Announces Third Quarter Results

October 26, 2020 4:15 PM EDT

BOSTON, Oct. 26, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced third quarter net income of $21 million, or $0.42 per share, in 2020 compared to $23 million, or $0.44 per share, in 2019.  The non-GAAP measure of core earnings totaled $26 million, or $0.53 per share, in the third quarter of 2020 compared to $24 million, or $0.46, per share in the third quarter of 2019.  Compared to the linked quarter, results benefited from higher revenue and lower expense as the Company continues to adjust operations to improve operating profitability.

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