BOSTON, Jan. 10, 2025 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) fourth quarter 2024 earnings release and conference call are scheduled as follows: Earnings Release:      Thursday, January 30, 2025, at approximately 7:30 a.m. (Eastern) Conference Call:        Thursday, January 30, 2025, at 9:00 a.m. (Eastern) Webcast (listen-only):  Register at: https://events.q4inc.com/attendee/539841607 Dial-in Number:          Toll Free: (800) 715-9871; Conference ID 6567963 Webcast Replay:         ht ...

Berkshire Hills Bancorp, Inc. (BHLB) has agreed to acquire Brookline Bancorp, Inc. (BRKL) and its subsidiary, Brookline Bank. The all-stock transaction has been valued at roughly $1.14 billion.The deal is expected to be closed by Sept. 30, 2025, subject to requisite regulatory approvals and shareholders’ approvals of both entities. The merger agreement has been approved by the board of directors of both entities.Upon closure, Brookline will be merged into Berkshire and Brookline Bank will be merged into Ber ...

Combination increases scale with $24 billion in assets, 148 branch offices and a longstanding history of serving clients and communities Highly compatible cultures, deep community ties and operating philosophies  0.42 Berkshire shares for each Brookline share; Berkshire's dividend expected to be increased to have a neutral impact on Brookline shareholders BOSTON, Dec. 16, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. ("Berkshire") (NYSE: BHLB), the parent company of Berkshire Bank ("Berkshire Bank"), ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share BHLB The New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period f ...

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Kevin Conn - Investor Relations Officer Nitin Mhatre - Chief Executive Officer Brett Brbovic - Chief Financial Officer Greg Lindenmuth - Chief Risk Officer Conference Call Participants Christopher O'Connell - KBW Laurie Hunsicker - Seaport Research Mark Fitzgibbon - Piper Sandler Operator Good morning, ladies and gentlemen, and welcome to the Berkshire Hills Bancorp Third Quarter 2024 ...

Berkshire Hills Bancorp (BHLB) reported $109.57 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 0.2%. EPS of $0.58 for the same period compares to $0.50 a year ago.The reported revenue represents a surprise of +0.91% over the Zacks Consensus Estimate of $108.58 million. With the consensus EPS estimate being $0.54, the EPS surprise was +7.41%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compa ...

Exhibit 99.1 Berkshire Hills Reports Higher Third Quarter Net Income of $37.5 million, or $0.88 Per Share Operating EPS of $0.58 increased 5% linked quarter and 16% year-over-year · $16 million non-operating gain on branch sale ($0.30 per share after tax) · Operating revenue up 1% linked quarter and 2% year-over-year · 14.8% return on tangible common equity; 9.9% operating return on tangible common equity · Branch sale and loan sale are expected to further improve long-term profitability BOSTON, October 24, ...

Berkshire Hills Bancorp (BHLB) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.41%. A quarter ago, it was expected that this bank holding company would post earnings of $0.51 per share when it actually produced earnings of $0.55, delivering a surprise of 7.84%.Over the last four qua ...

Operating EPS of $0.58 increased 5% linked quarter and 16% year-over-year$16 million non-operating gain on branch sale ($0.30 per share after tax)Operating revenue up 1% linked quarter and 2% year-over-year14.8% return on tangible common equity; 9.9% operating return on tangible common equityBranch sale and loan sale are expected to further improve long-term profitability BOSTON, Oct. 24, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported results for the third quarter of 2024. Th ...

The Zacks Savings and Loan industry is expected to benefit from a spur in mortgage originations and refinancing on the back of declining mortgage rates. Also, the Federal Reserve's easing monetary policy is likely to aid a rise in loan demand. The digitization of operations and a stable deposit base are anticipated to support industry players in the near term. Thus, some of the industry players like ServisFirst Bancshares (SFBS) , Berkshire Hills Bancorp, Inc. (BHLB) and Heritage Financial Corporation, Inc. ...