BOSTON, Oct. 1, 2024 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) third quarter 2024 earnings release and conference call are scheduled as follows: Earnings Release: October 24, 2024, at approximately 7:30 a.m. (Eastern) Conference Call: Thursday, October 24, 2024, at 9:00 a.m. (Eastern) Webcast (listen-only): Register at: https://events.q4inc.com/attendee/132825795 Dial-in Number: Toll Free: 800-549-8228; Conference ID: 47447 Webcast Replay: https://ir.berkshirebank.com (for the live webc ...

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: June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from t ...

Berkshire Hills Bancorp (BHLB) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analyst ...

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Q2 2024 Earnings Conference Call July 18, 2024 9:00 AM ET Company Participants Kevin Conn - IR & Corporate Development Officer Nitin Mhatre - CEO Brett Brbovic - CFO Sean Gray - EVP & CFO Gregory Lindenmuth - SEVP & Chief Risk Officer Conference Call Participants Laurie Hunsicker - Seaport Research Mark Fitzgibbon - Piper Sandler Christopher O'Connell - KBW Operator Good morning, ladies and gentlemen, and welcome to the Berkshire Hills Bancorp Second Quarter 2024 Ea ...

72,403 332 81 71,315 1Q24 Compensation and Benefits Occupancy and Equipment Technology Professional Services Other 2Q24 -609-634 -258 -1,088 (-2%) YoY 74,027 71,315 166231 -906 -229 -1,974 -2,712 (-4%) 2Q23 Compensation and Benefits Occupancy and Equipment Technology Professional Services Other 2Q24 ＸBerkshireHillsBancorp Note: See Appendix for discussion and reconciliation of non-GAAP financial measures. "Other" includes Regulatory Expenses, Amortization of Intangibles, Marketing, and other expenses – plea ...

BOSTON, July 18, 2024 - Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported results for the second quarter of 2024. These results along with comparison periods are summarized below: Mr. Brbovic added, "The margin increase benefited from loan growth and impacts from prior quarter securities sales. Net interest income increased $392 thousand linked quarter, following several quarters of decreases. Operating non-interest income increased $2.8 million, primarily due to higher gain on SBA loans. The loan l ...

Berkshire Hills, which belongs to the Zacks Financial - Savings and Loan industry, posted revenues of $108.67 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.19%. This compares to year-ago revenues of $111.82 million. The company has topped consensus revenue estimates three times over the last four quarters. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this ...

Operating EPS of $0.55 increased 12% linked quarter million respectively (average), and $55 million and $474 million (end of period). These balances in 1Q24 were $18 million and $149 million respectively (average), and $58 million and $485 million (end of period). Berkshire CEO Nitin Mhatre stated, "Operating income advanced for the second consecutive quarter and we benefited from loan growth, credit quality, and expense management. The consolidation of three branch offices was completed, bringing our branc ...

Participants are requested to join the webcast or call a few minutes before the scheduled start of the call. Persons who are listen-only are requested to use the webcast link where practical. Webcast (listen-only): Register at: https://events.q4inc.com/attendee/633018241 Earnings Release: July 18, 2024, at approximately 7:30 a.m. (Eastern) Dial-in Number: Toll Free: 800-549-8228; Conference ID: 27778 Telephone Replay: Toll Free: 888-660-6264; Passcode: 27778 # ABOUT BERKSHIRE HILLS BANCORP INVESTOR RELATION ...

BOSTON, June 7, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.18 per common share to shareholders of record at the close of business on June 20, 2024, payable on June 28, 2024. Headquartered in Boston, Berkshire Hills Bancorp is the parent of Berkshire Bank. With $12.1 billion in assets and 96 branches in New England and New York, the Bank provides Commercial Banking, Retail Banking, Consumer Lending, ...