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BERKSHIRE HILLS BANCORP, INC. (NYSE:BHLB) Files An 8-K Results of Operations and Financial Condition

BERKSHIRE HILLS BANCORP, INC. (NYSE:BHLB) Files An 8-K Results of Operations and Financial Condition
Item 2.02

Results of Operations and Financial Condition

On January 23, 2019, Berkshire Hills Bancorp, Inc. (the “Company”), the holding company for Berkshire Bank (the “Bank”), announced its financial results for the quarter ended December 31, 2018. The news release containing the financial results is included as Exhibit 99.1 and shall not be deemed “filed” for any purpose.

The Company will conduct a conference call/webcast on January 24, 2019 to discuss the financial results for the quarter and provide guidance about expected future results. A telephone replay of the call will be available through January 31, 2019. The webcast will be available on the Company’s website for an extended period of time.

On January 23, 2019, the Company’s Board of Directors announced the declaration of a cash dividend of $0.23 per share of Company common stock and $0.46 per share of Company Series B preferred stock to shareholders of record at the close of business on February 14, 2019 and payable on February 28, 2019.

Item 9.01 Financial Statements and Exhibits
(a) Financial Statements of Businesses Acquired. Not applicable.
(b) Pro Forma Financial Information. Not applicable.
(c) Shell Company Transactions. Not applicable.
Exhibit No. Description
99.1 News Release dated January 23, 2019

BERKSHIRE HILLS BANCORP INC Exhibit
EX-99.1 2 tv511420_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1     Berkshire Hills Reports Fourth Quarter Results;   Increases Dividend 5%   BOSTON,…
To view the full exhibit click here

About BERKSHIRE HILLS BANCORP, INC. (NYSE:BHLB)

Berkshire Hills Bancorp, Inc. (Berkshire) is a holding company for Berkshire Bank (the Bank) and Berkshire Insurance Group. Berkshire offers a range of deposit, lending, insurance and wealth management products to retail, commercial, not-for-profit and municipal customers in its market areas. Berkshire product offerings also include retail and commercial electronic banking, commercial cash management and commercial interest rate swaps. The Bank’s loan portfolio consists of commercial loans, which include residential mortgages, commercial real estate, commercial and industrial loans, and consumer loans. The Bank’s securities available for sale include municipal bonds and obligations, mortgage-backed securities, other bonds and obligations, and marketable equity securities. As of December 5, 2016, the Bank had 99 full service branch offices in Massachusetts, New York, Connecticut, Vermont, New Jersey and Pennsylvania.

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