Berkshire Hills: Q4 Earnings Snapshot
By AP News
Published - Jan 25, 2024, 07:55 AM ET
Last Updated - Jan 25, 2024, 07:55 AM EST
BOSTON (AP) — BOSTON (AP) — Berkshire Hills Bancorp Inc. (BHLB) on Thursday reported a fourth-quarter loss of $1.4 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Boston-based company said it had a loss of 3 cents. Earnings, adjusted for non-recurring costs, came to 47 cents per share.
The bank holding company posted revenue of $142.2 million in the period. Its adjusted revenue was $125.5 million.
For the year, the company reported profit of $69.6 million, or $1.60 per share. Revenue was reported as $444.7 million.
