Berkshire Hills Bancorp (BHLB) Tops Q2 EPS by 15c
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Berkshire Hills Reports Higher Second Quarter Earnings
July 21, 2021 6:55 AM EDTBOSTON, July 21, 2021 /PRNewswire/ --Â Berkshire Hills Bancorp, Inc. (NYSE: BHLB)Â today announced that second quarter 2021 delivered earnings per share of $0.43, compared to a loss in same quarter last year and an increase of 65% from $0.26 in the first quarter of 2021. Adjusted earnings per share, a non-GAAP measure, increased by 38% to $0.44 from $0.32 in the first quarter. Second quarter results featured year-over-year fee income growth due to higher consumer activity, disciplined expense control, credit improvement and resumption of share repurchases that were paused in 2020.
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