Berkshire Hills Bancorp Q1 Earnings, Revenue Rise

MT Newswires Live

04/24

Berkshire Hills Bancorp (BHLB) reported Q1 operating earnings Thursday of $0.60 per diluted share, up from $0.49 a year ago.

Analysts polled by FactSet expected $0.53.

Revenue, calculated as the sum of net interest income and non-interest income, was $110.4 million during the three months ended March 31, up from $55.5 million a year ago.

Analysts surveyed by FactSet expected $109.6 million.

Shares were down more than 1% in early trading.

Price: 24.01, Change: -0.29, Percent Change: -1.19

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