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Dec 31, 2019
Berkshire Hills Bancorp Q4 2019 Earnings Report
Berkshire Hills Bancorp reported increased GAAP earnings and improved core earnings per share due to business repositioning strategies and completing an acquisition.
Key Takeaways
Berkshire Hills Bancorp reported increased GAAP earnings to $0.51 per share and improved core earnings per share to $0.70. The company's profitability measures were the best of the year, with improvements in liquidity, capital, and asset quality.
GAAP earnings increased to $0.51 per share, compared to $0.31 in 2018.
Core earnings per share improved to $0.70 from $0.69.
Total assets decreased by $0.3 billion, or 2%, to $13.2 billion.
The Board of Directors approved a quarterly cash dividend of $0.24 per common share, a 4% increase.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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