Advertisement
Canada markets closed

  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • CAD/USD

    0.7299
    +0.0001 (+0.02%)
     

  • CRUDE OIL

    82.66
    -0.15 (-0.18%)
     

  • Bitcoin CAD

    88,162.15
    -3,472.34 (-3.79%)
     

  • CMC Crypto 200

    1,395.23
    -28.87 (-2.03%)
     

  • GOLD FUTURES

    2,329.30
    -9.10 (-0.39%)
     

  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • NASDAQ futures

    17,479.75
    -184.75 (-1.05%)
     

  • VOLATILITY

    15.97
    +0.28 (+1.78%)
     

  • FTSE

    8,040.38
    -4.43 (-0.06%)
     

  • NIKKEI 225

    37,930.36
    -529.72 (-1.38%)
     

  • CAD/EUR

    0.6815
    -0.0004 (-0.06%)
     

Berkshire Hills: 4Q Earnings Snapshot

Associated Press
Updated ·1 min read

BOSTON (AP) _ Berkshire Hills Bancorp Inc. (BHLB) on Monday reported fourth-quarter profit of $15 million.

On a per-share basis, the Boston-based company said it had net income of 30 cents. Earnings, adjusted for one-time gains and costs, came to 38 cents per share.

The bank holding company posted revenue of $115.5 million in the period. Its adjusted revenue was $99 million.

For the year, the company reported a loss of $533 million, or $10.60 per share, swinging to a loss in the period. Revenue was reported as $383.1 million.

Berkshire Hills shares have risen 11% since the beginning of the year. In the final minutes of trading on Monday, shares hit $18.98, a decrease of 40% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BHLB at https://www.zacks.com/ap/BHLB