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India

Berkshire Hills Bancorp Inc (BHLB.N)

BHLB.N on New York Stock Exchange

38.60USD
18 Dec 2017
Change (% chg)

$0.30 (+0.78%)
Prev Close
$38.30
Open
$38.65
Day's High
$39.25
Day's Low
$38.30
Volume
66,636
Avg. Vol
58,868
52-wk High
$39.95
52-wk Low
$32.85

Latest Key Developments (Source: Significant Developments)

Berkshire Hills reports Q3 core earnings per share $0.59
Friday, 20 Oct 2017 

Oct 19 (Reuters) - Berkshire Hills Bancorp Inc :Berkshire Hills reports third quarter earnings; dividend declared.Q3 core earnings per share $0.59.Q3 earnings per share $0.57.Q3 earnings per share view $0.58 -- Thomson Reuters I/B/E/S.Berkshire Hills Bancorp Inc - qtrly ‍net income was impacted by net non-core charges related primarily to acquisitions​.Berkshire Hills Bancorp Inc - qtrly ‍net interest income $72.0 million versus $58.0 million.  Full Article

Commerce Bancshares to pay termination fee of $8.6 mln if merger is not consummated under specified circumstances
Monday, 22 May 2017 

May 22 (Reuters) - Berkshire Hills Bancorp Inc : :Berkshire Hills Bancorp - if merger is not consummated under specified circumstances, Commerce Bancshares Corp agreed to pay termination fee of $8.6 million.Berkshire Hills Bancorp says if co fails to obtain regulatory approvals due to specified circumstances, co agreed to pay termination fee of $4.3 million.  Full Article

Berkshire Hills to acquire Commerce Bancshares
Monday, 22 May 2017 

May 22 (Reuters) - Berkshire Hills Bancorp Inc :Berkshire Hills to acquire Commerce Bancshares.Berkshire hills bancorp inc - Deal for all-stock transaction valued at $209 million .Berkshire hills bancorp inc says deal anticipated to be 4-5% accretive to earnings per share in 2018 before transaction costs.Berkshire's total assets are expected to increase to $12 billion including $2.2 billion in acquired commerce assets.Two Commerce board members are expected to join Berkshire's board upon completion of transaction.Says definitive agreement has been approved by unanimous votes of boards of directors of both companies.Under terms of agreement,each outstanding share of commerce common stock to be exchanged for 0.93 shares of co's common stock.Says will acquire commerce and its subsidiary, Commerce Bank and trust in an all-stock transaction.  Full Article

Berkshire Hills Bancorp Q2 GAAP earnings per share $0.52
Tuesday, 26 Jul 2016 

Berkshire Hills Bancorp Inc : Qtrly net interest income $57.4 million versus $52.6 million . Reports second quarter results and declares dividend . Q2 GAAP earnings per share $0.52 . Q2 earnings per share view $0.54 -- Thomson Reuters I/B/E/S .Q2 core earnings per share $0.54.  Full Article

Berkshire Hills appoints James M. Moses CFO
Tuesday, 12 Jul 2016 

Berkshire Hills Bancorp Inc : Berkshire Hills appoints James M. Moses chief financial officer . Berkshire hills appoints james m. Moses chief financial officer .Senior executive VP and CFO Josephine Iannelli has chosen to leave company as of July 5, 2016, to pursue other opportunities.  Full Article

Berkshire Hills Bancorp - FCB agreed to pay $4.1 mln termination fee
Monday, 27 Jun 2016 

Berkshire Hills Bancorp Inc : Berkshire Hills Bancorp Inc says if merger is not consummated under specified circumstances, FCB agreed to pay co a termination fee of $4.1 million Source - http://1.usa.gov/29587cQ Further company coverage: [BHLB.N] (Bengaluru Newsroom; +1 646 223 8780).  Full Article

Berkshire Hills to acquire First Choice Bank
Monday, 27 Jun 2016 

Berkshire Hills Bancorp Inc : Berkshire Hills to acquire First Choice Bank . All-Stock transaction valued at approximately $111.7 million . Says Berkshire's total assets will increase to $8.9 billion including $1.1 billion in acquired first choice assets . Berkshire Hills Bancorp Inc says anticipated deal to be 4.3 pct accretive to earnings in 2017 before transaction costs . Each outstanding share of first choice common stock will be exchanged for 0.5773 shares of Berkshire Hills common stock . Berkshire Hills Bancorp Inc says definitive agreement has been approved by unanimous votes of boards of directors of both companies . First Choice Bank's chairman of board, Martin Tuchman along with member, Munish Sood, will serve as advisors to Berkshire . Says merger is targeted to be completed in Q4 of 2016 .Berkshire Hills Bancorp Inc says First Choice Bank will merge into Berkshire Bank and its subsidiary, First Choice Loan Services Inc.  Full Article

Berkshire Hills Bancorp, Inc announces dividend increase
Tuesday, 26 Jan 2016 

Berkshire Hills Bancorp Inc:Declare a cash dividend of $0.20 per share to shareholders of record date on February 11, payable on February 25.  Full Article