Berkshire Hills Bancorp (BHLB) Misses Q4 EPS by 2c
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Berkshire Hills Reports Fourth Quarter 2023 Results
January 25, 2024 7:30 AM ESTAnnounces $40 Million Share Repurchase Authorization
Fourth quarter loss of $1 million, ($0.03) per share; operating income of $20 million, $0.47 per share$267 million securities sale resulting in $25.1 million pre-tax non-operating lossNet loan charge-offs and non-performing assets decreased 18% linked quarterTCE ratio of 8.0% and CET1 ratio of 12.0%Tangible book value per share of $22.82, up $1.57, or 7%, in the quarterBOSTON, Jan. 25, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported... More
