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Berkshire Hills Bancorp Inc (BHLB.N)

BHLB.N on New York Stock Exchange

41.45USD
20 Jul 2018
Change (% chg)

$0.50 (+1.22%)
Prev Close
$40.95
Open
$40.95
Day's High
$41.50
Day's Low
$40.20
Volume
84,586
Avg. Vol
108,820
52-wk High
$44.10
52-wk Low
$32.85

Latest Key Developments (Source: Significant Developments)

Berkshire Hills Reports 73% Increase In Second Quarter Earnings
Thursday, 19 Jul 2018 

July 18 (Reuters) - Berkshire Hills Bancorp Inc ::BERKSHIRE HILLS REPORTS 73% INCREASE IN SECOND QUARTER EARNINGS; DIVIDENDS DECLARED.BERKSHIRE HILLS BANCORP INC QTRLY EARNINGS PER SHARE $0.74.BERKSHIRE HILLS BANCORP INC QTRLY NET INTEREST INCOME $91.1 MILLION VERSUS $69.6 MILLION.BERKSHIRE HILLS BANCORP INC QTRLY TOTAL NET REVENUE $121.2 MILLION VERSUS $102.3 MILLION.  Full Article

Berkshire Hills Bancorp Says ‍Due To Tax Act, Value Of Net Deferred Tax Assets Will Be Reduced By About $21 Mln
Friday, 5 Jan 2018 

Jan 4 (Reuters) - Berkshire Hills Bancorp Inc ::BERKSHIRE HILLS BANCORP-‍DUE TO TAX ACT, VALUE OF NET DEFERRED TAX ASSETS WILL BE REDUCED BY ABOUT $21 MILLION, LESS AMOUNT OF TAX DEFERRAL UTILIZED IN Q4​.BERKSHIRE HILLS BANCORP SAYS ESTIMATES THERE WILL BE REDUCTION OF ABOUT $0.46 PER SHARE IN Q4 EARNINGS DUE TO TAX ACT​ - SEC FILING.  Full Article

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

BRIEF-Berkshire Hills Reports Q4 Loss Per Share Of $0.06

* BERKSHIRE HILLS REPORTS OPERATING RESULTS; DIVIDEND INCREASED; ANNUAL MEETING ANNOUNCED