Berkshire Hills Bancorp, Inc. (NYSE:BHLB) is about to trade ex-dividend in the next 3 days. You will need to purchase...
With me this morning are Jamie Moses, our CFO; Sean Gray, our president; Georgia Melas, our chief credit officer; George Bacigalupo, our commercial leader; Greg Lindenmuth, our chief risk officer, and Malia Lazu, our chief experience and culture officer. The pandemic is behind most of the top and bottom line changes to our financial results.
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its first quarter earnings release after the market closes on Monday, May 4, 2020.
Analysts at Keefe, Bruyette & Woods say U.S. banks’ dividends are ‘broadly safe,’ but pointed out 21 ‘potential dividend-cut candidates.’
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported a first quarter 2020 net loss of $0.40 per share. The non-GAAP measure of core EPS was a loss of $0.07. First quarter results reflect a non-cash $0.69 per share pre-tax provision for projected future credit losses primarily related to the COVID-19 pandemic. The company's core pre-provision net revenue ("Core PPNR"), was $0.61 per share. This is a non-GAAP financial measure of the Company's ongoing operations before provision and tax expense, and before discontinued operations and securities losses. Berkshire's liquidity and regulatory capital metrics continued to strengthen during the quarter, supporting its 21st century community bank mission.
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.
Berkshire Hills Bancorp, Inc. (BHLB) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.
Berkshire Hills (BHLB) delivered earnings and revenue surprises of -114.00% and -14.54%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Banks are all of a sudden feeling the squeeze on net interest margin, at the same time some borrowers face heavy losses in their businesses from a statewide slowdown.
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported a first quarter 2020 net loss of $0.40 per share. The non-GAAP measure of core EPS was a loss of $0.07. First quarter results reflect a non-cash $0.69 per share pre-tax provision for projected future c…
Unfortunately for some shareholders, the Berkshire Hills Bancorp (NYSE:BHLB) share price has dived 57% in the last...
Q1 2020 Berkshire Hills Bancorp Inc Earnings Call
BOSTON, May 4, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported a first quarter 2020 net loss of $0.40 per share. The non-GAAP measure of core EPS was a loss of $0.07. First quarter results reflect a non-cash $0.69 per share pre-…
Eastern Bank, Citizens Financial Group and others are launching special initiatives to get money to small businesses struggling or shuttered because of the coronavirus outbreak.
BHLB earnings call for the period ending March 31, 2020.
It’s an unusual time for a bank to close on a $60 million construction loan — especially one that will finance a real estate project full of the kinds of stores that are mandated to be closed during the coronavirus pandemic. The money will support new development at Tuscan Village, the growing mixed-use complex in Salem, New Hampshire, belonging to restaurateur and developer Joe Faro. The loan is for the construction of what’s known as the South Village, a 199,000-square-foot retail center that is expected to include retail stores like L.L. Bean and Williams-Sonoma, the restaurants Chick-fil-A and Chipotle, and Faro’s own Italian culinary marketplace, Tuscan Market.
To the annoyance of some shareholders, Berkshire Hills Bancorp (NYSE:BHLB) shares are down a considerable 36% in the...
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has appointed Dr. Sylvia Maxfield and Jonathan I. Shulman as new independent directors. These appointments expand the Company's Board to 15 Directors, 12 of whom are independent. The Board has determined that Dr. Maxfield and Mr. Shulman are qualified financial experts, and both will serve on the Board's Audit Committee and Risk Management and Capital Committee. These new Board members strengthen Berkshire's governance and support its strategic vision of purpose driven performance for all stakeholders. Dr. Maxfield and Mr. Shulman were also appointed to the Board of Directors of Berkshire Bank.
Could Berkshire Hills Bancorp, Inc. (NYSE:BHLB) be an attractive dividend share to own for the long haul? Investors...
Unfortunately for some shareholders, the Berkshire Hills Bancorp (NYSE:BHLB) share price has dived 32% in the last...
Berkshire Hills (BHLB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
BOSTON, May 4, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported a first quarter 2020 net loss of $0.40 per share. The non-GAAP measure of core EPS was a loss of $0.07. First quarter results reflect a non-cash $0.69 per share pre-…
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its first quarter earnings release after the market closes on Monday, May 4, 2020.
Berkshire Hills (BHLB) delivered earnings and revenue surprises of -114.00% and -14.54%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Small businesses have another fund to look to for help as the coronavirus pandemic continues to pound the economy.
BOSTON, April 30, 2020 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its first quarter earnings release after the market closes on Monday, May 4, 2020. Berkshire will also conduct a conference call/webcast at 10:00 a.m. eastern time on…