Berkshire Hills: Q1 Earnings Snapshot
By AP News
Published - Apr 20, 2023, 07:48 AM ET
Last Updated - Jun 22, 2023, 05:33 AM EDT
BOSTON (AP) — BOSTON (AP) — Berkshire Hills Bancorp Inc. (BHLB) on Thursday reported first-quarter profit of $27.6 million.
On a per-share basis, the Boston-based company said it had net income of 63 cents.
The bank holding company posted revenue of $148.9 million in the period. Its adjusted revenue was $114.1 million.
Berkshire Hills shares have declined 22% since the beginning of the year. The stock has dropped 19% in the last 12 months.
