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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.
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