BNET Industries
Berkshire Hills Bancorp Inc. (BHLB) is in the Financial Services Industry
- Revenue
- Dec 31 2007
- $156.5M
- Profit
- Dec 31 2007
- $13.5M
- Market Cap
- Dec 03 2008
- $357.4M
Latest News and Analysis
Berkshire Hills Reports Growth in Second Quarter EPS to $0.52, Earnings from Continuing Operations Increased 8%, Quarterly Dividend Increased by 7% to 15 Cents Per Share
PITTSFIELD, Mass. -- Berkshire Hills Bancorp, Inc. (NASDAQ:BHLB) reported second quarter 2007 net income of $4.6 million ($0.52 per diluted share) compared to $4.5 million ($0.51 per diluted share) in 2006. Second quarter net income from continuing operations increased by 8% to $4.6 million in 2007 from $4.2 million in...
Berkshire Hills Bancorp, Inc. Once Again Named One of the Top Performing Companies in Massachusetts
PITTSFIELD, Mass. -- Berkshire Hills Bancorp, Inc. (the "Company") (NASDAQ: BHLB), the holding company for Berkshire Bank (the "Bank") announced today that it has been ranked by The Boston Globe as one of the 100 top performing Massachusetts-based public companies for the seventh year in a row. The Company is...
Berkshire Hills Bancorp, Inc. Once Again Named One of the Top Performing Companies in Massachusetts
PITTSFIELD, Mass. -- Berkshire Hills Bancorp, Inc. (the "Company") (NASDAQ:BHLB), the holding company for Berkshire Bank (the "Bank") announced today that it has been ranked by the Boston Globe as one of the 100 top performing Massachusetts-based public companies for the fifth year in a row. The Company is one...
Berkshire Hills Bancorp, Inc. Common Stock to Be Listed on the Nasdaq National Market
PITTSFIELD, Mass. -- Berkshire Hills Bancorp, Inc. (the "Company") (AMEX:BHL), the holding company for Berkshire Bank (the "Bank"), today announced that the Company's common stock has been approved for listing on the NASDAQ National Market and is expected to begin trading on Tuesday, October 25, 2005 under the ticker symbol...
Berkshire Hills Bancorp, Inc. Announces Sale of EastPoint Technologies, LLC
PITTSFIELD, Mass. -- Berkshire Hills Bancorp, Inc. (the "Company"), (AMEX: BHL), the holding company for Berkshire Bank (the "Bank"), announced the sale today of EastPoint Technologies, LLC ("EastPoint"), a software and data processing provider for financial institutions, to EP Acquisition Corp., an acquisition subsidiary of Open Solutions Inc., (NASDAQ:OPEN), of...
Additional Resources
Berkshire Hills to Present at KBW Conference
PITTSFIELD, Mass. -- Berkshire Hills Bancorp, Inc. will participate in the Keefe, Bruyette & Woods Community Bank Investor Conference in New York City on Tuesday, July 29, 2008. Berkshire is the parent of Berkshire Bank, America's Most Exciting BankSM. Kevin P. Riley, Executive Vice President and Chief Financial...
Corrected Press Release: Berkshire Hills Second Quarter 2008 Earnings Release and Conference Call Dates
(Corrects Release issued June 27, 2008 for a typographical error in the last paragraph about the Company's asset size) PITTSFIELD, Mass. -- Berkshire Hills Bancorp BHLB will issue its second quarter earnings release after the market closes on Thursday, July 17, 2008. Berkshire will conduct a...
Berkshire Hills Reports 22% Earnings Growth and Record Quarterly Earnings and EPS
Net Interest Margin Increases; Asset Quality Remains Sound; Dividend Increase Declared PITTSFIELD, Mass. -- Berkshire Hills Bancorp BHLB reported a 22% increase in first quarter earnings to a record $6.0 million in 2008 from $4.9 million in 2007. First quarter earnings per share increased by 4% to a...
Berkshire Bank Names Veteran Area Banker to Lead Pioneer Valley Region; Thomas R. Creed Named SVP, Regional Commercial Lending Executive and Leader
WESTFIELD, Mass. -- Berkshire Hills Bancorp, Inc. BHLB, the holding company for Berkshire Bank and Michael J. Oleksak, Executive Vice President today announced that Thomas R. Creed has been named to the position of Senior Vice President, Regional Commercial Executive and Leader for its Pioneer Valley, Massachusetts region. Mr. Creed...
Berkshire Hills First Quarter 2008 Earnings Release and Conference Call Dates
PITTSFIELD, Mass. -- Berkshire Hills Bancorp BHLB will issue its first quarter earnings release after the market closes on Tuesday, April 29, 2008. Berkshire will conduct a conference call/webcast at 10:00 A.M. eastern time on Wednesday, April 30, 2008 to discuss first quarter results and guidance about expected...
Berkshire Hills Announces Annual Meeting Date
PITTSFIELD, Mass. -- Berkshire Hills Bancorp BHLB will hold its 2008 annual meeting of stockholders on Thursday, May 15, 2008 at the Crowne Plaza Hotel, One West Street, Pittsfield, Massachusetts at 10:00 A.M. ET. The voting record date has been set as March 20, 2008. Berkshire Hills Bancorp...
Berkshire Hills Expects Record EPS in 2008
PITTSFIELD, Mass. -- Berkshire Hills Bancorp BHLB, parent of Berkshire Bank, conducted a conference call on January 25, 2008 to discuss highlights of the Company's fourth quarter and year-end financial results, along with guidance about expected 2008 financial results. President and Chief Executive Officer Michael P. Daly and Executive Vice...
Berkshire Hills Reports Record Earnings for 2007
Net Income Increases 20% for the Year Dividend Declared PITTSFIELD, Mass. -- Berkshire Hills Bancorp BHLB, parent of Berkshire Bank, reported record net income of $13.5 million ($1.44 per share) for the year 2007, an increase of 20% over $11.3 million ($1.29 per share) for the...
Berkshire Hills Bancorp Announces Recent Developments
PITTSFIELD, Mass. -- Berkshire Hills Bancorp BHLB today announced the following recent developments: FOURTH QUARTER 2007 EVENTS Impairment charge of $2.5 million recorded on a fraud related commercial credit previously discussed by the Company. This charge reflected a new legal assessment of expected collections of disputed...
Berkshire Hills Bancorp to Issue Fourth Quarter Earnings Release on January 24, 2008; Conference Call Set for January 25, 2008 at 10:00 A.M
PITTSFIELD, Mass. -- Berkshire Hills Bancorp BHLB will issue its earnings release for the quarter ending December 31, 2007 after the market closes on Thursday, January 24, 2008. Berkshire will conduct a conference call at 10:00 A.M. eastern time on Friday, January 25, 2008. President and Chief Executive...
Berkshire Hills Bancorp Announces New 300,000 Share Repurchase Program
PITTSFIELD, Mass. -- Berkshire Hills Bancorp BHLB, the holding company for Berkshire Bank, announced today that its Board of Directors has approved a new stock repurchase program (the "Repurchase Program") authorizing the Company to repurchase up to 300,000 shares, or approximately 2.85% of its outstanding common stock. The Repurchase Program...
Berkshire Bank - America's Most Exciting Bank - Presented at Sandler O'Neill 2007 East Coast Financial Services Conference
PITTSFIELD, Mass. -- Berkshire Hills Bancorp BHLB made a presentation about the Company and its subsidiary, Berkshire Bank - AMERICA'S MOST EXCITING BANKSM - on November 13, 2007 at the 2007 East Coast Financial Services Conference hosted by Sandler O'Neill + Partners. President and Chief Executive Officer, Michael...
Berkshire Hills Bancorp to Present at Sandler O'Neill 2007 East Coast Financial Services Conference
PITTSFIELD, Mass. -- Berkshire Hills Bancorp BHLB, parent of Berkshire Bank, will participate in the 2007 East Coast Financial Services Conference hosted by Sandler O'Neill + Partners to be held on November 13, 2007 in Naples, Florida. Michael P. Daly, President and Chief Executive Officer, is scheduled to give a...
Berkshire Hills Reports $0.49 Third Quarter Core EPS Total Assets Climb to $2.5 Billion Following Vermont Acquisition Balance Sheet Strengthened by Deleveraging
PITTSFIELD, Mass. -- Berkshire Hills Bancorp (NASDAQ: BHLB), parent of Berkshire Bank, reported 2007 third quarter core income of $4.4 million ($0.49 per share). Core income increased by $0.01 per share before one-time items and Berkshire's investment in new branches. Third quarter core 2006 income was $4.7 million ($0.54 per...
Berkshire Hills Bancorp to Issue Third Quarter Earnings Release on October 29, 2007, Conference Call Set for October 30, 2007 at 10:00 A.M
PITTSFIELD, Mass. -- Berkshire Hills Bancorp, Inc. (NASDAQ:BHLB) will issue its earnings release for the quarter ending September 30, 2007, after the market closes on Monday, October 29, 2007. Berkshire will conduct a conference call at 10:00 A.M. eastern time on Tuesday, October 30, 2007. President and Chief...
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- Incorporated: 2000
- CEO: Mr. Michael P. Daly
- Employees: 560
Berkshire Hills Bancorp is the holding company for Berkshire Bank, which serves communities throughout Western Massachusetts, Northeastern New York and in Southern Vermont. As of Dec 31 2007, Co. operated 38 full-service banking offices in four regions: the Berkshire County, the Pioneer Valley, the New York and the Vermont. Co. offers a range of deposit, lending, investment, and insurance products. Co.'s primary deposit products are checking, NOW, money market, savings, and time deposit accounts, while its primary lending products include residential mortgages and commercial mortgages. At Dec 31 2007, Co. had total assets of $2.51 billion and total deposits of $1.82 billion.
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Berkshire Hills Bancorp Inc. Company Info
Board of Directors
Mr. Lawrence A. Bossidy
Non-Executive Chairman
Mr. John B. Davies
Mr. Rodney C. Dimock
Mr. Edward G. McCormick
Mr. David E. Phelps
Mr. Michael P. Daly
Mr. David B. Farrell
Ms. Susan M. Hill
Mr. Cornelius D. Mahoney
Ms. Catherine B. Miller
Mr. Wallace W. Altes
Mr. D. Jeffrey Templeton
Mr. Corydon L. Thurston
Contact Information
24 North Street
P.O. Box 1308
Pittsfield, MA
413 443-5601
NAICS Code
Savings Institutions: 522120Brought to you by IBM
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