Announces $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 loss Net loan charge-offs and non-performing assets decreased 18% linked quarter TCE 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 quarter BOSTON, Jan. 25, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) ...

In its upcoming report, Berkshire Hills Bancorp (BHLB) is predicted by Wall Street analysts to post quarterly earnings of $0.50 per share, reflecting a decline of 21.9% compared to the same period last year. Revenues are forecasted to be $109.05 million, representing a year-over-year decrease of 7.4%.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead o ...

BOSTON, Jan. 12, 2024 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE: BHLB) fourth quarter 2023 earnings release and conference call are scheduled as follows:Earnings Release: Thursday, January 25, 2024, at approximately 7:30 a.m. (Eastern)Conference Call: Thursday, January 25, 2024, at 9:00 a.m. (Eastern)Webcast (listen-only): Register at: https://events.q4inc.com/attendee/627795005Dial-in Number: Toll Free: 888-259-6580; Conference ID: 33077376Webcast Replay: https://ir.berkshirebank.com (for the ...

Management has identified the Company's most critical accounting policies as related to: CORPORATE RESPONSIBILITY UPDATE 76 For additional discussion about the Company's Quantitative and Qualitative Aspects of Market Risk, please review Item 7A of the most recent report on Form 10-K which sets forth the methodologies employed by the Company and the various aspects of its analysis of its interest rate sensitivity. Net Interest Income at Risk Simulation is used to measure the sensitivity of net interest incom ...

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Q3 2023 Earnings Conference Call October 20, 2023 9:00 AM ET Company Participants Kevin Conn - Investor Relations and Corporate Development Officer Nitin Mhatre - Chief Executive Officer Sean Gray - Chief Operating Officer David Rosato - Chief Financial Officer Greg Lindenmuth - Chief Risk Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler Bill Young - RBC Capital Markets Dave Bishop - Hovde Group Chris O'Connell - KBW Laurie Hunsicker - Seaport Re ...

Securities available for sale and held to maturity with unrealized losses, segregated by the duration of their continuous unrealized loss positions, are summarized as follows: Less Than Twelve Months Over Twelve Months Total Gross Gross Gross Unrealized Fair Unrealized Fair Unrealized Fair (In thousands) Losses Value Losses Value Losses Value June 30, 2023 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AFS municipal bonds and obligations AFS commercial and residential mortgage-backed securities AFS other bonds ...

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Q2 2023 Earnings Conference Call July 20, 2023 10:00 AM ET Company Participants Kevin Conn - SVP of IR & Corporate Development Nitin Mhatre - President and CEO David Rosato - CFO Conference Call Participants David Bishop - Hovde Group Bill Young - RBC Capital Markets Mark Fitzgibbon - Piper Sandler Chris O'Connell - KBW Operator Good morning, ladies and gentlemen. And welcome to the Berkshire Hills Bancorp Second Quarter 2023 Earnings Conference Call. At this tim ...

2Q 2023 EARNINGS PRESENTATION F ORWAR D -L OOK I N G S TAT E M E N T S NON-GAAP FINANCIAL MEASURES • Net Income of $23.9M (-14% QoQ and +1% YoY) • ROTCE of 8.27% (-132 bps QoQ and -21 bps YoY) BEST Strategic Progress • Completed allocation of $100 million Sustainability Bond in 2Q23 BEST 3 YEAR TARGETS for JUNE 2024 10-12% 100-105 bps $180-200M Top 25% Top 25% ROA Increase ROA by 75-80bps* PPNR2 Increase PPNR by $80-100M* ROTCE Increase ROTCE by 700-900bps* ESG Become top quartile bank by leading ESG indexe ...

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: March 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-15781 BERKSHIRE HILLS BANCORP, INC. (Exact name of registrant as specified in its charter) Delaware 04-3510455 (State or other jurisdiction ...

Start Time: 10:00 January 1, 0000 10:47 AM ET Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Q1 2023 Earnings Conference Call April 20, 2023, 10:00 AM ET Company Participants Nitin Mhatre - President and CEO David Rosato - CFO Greg Lindenmuth - CRO Kevin Conn - IR, Corporate Development Officer Conference Call Participants Billy Young - RBC Capital Markets Mark Fitzgibbon - Piper Sandler David Bishop - Hovde Group Chris O’Connell - KBW Operator Hello, everyone, and welcome to the Berkshire Hills Bancorp First Qu ...