Berkshire Hills Bancorp(BHLB) - 2024 Q3 - Quarterly Results

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, ...