U.S. Markets closed

Berkshire Hills: 4Q Earnings Snapshot

BOSTON (AP) _ Berkshire Hills Bancorp Inc. (BHLB) on Monday reported fourth-quarter net income of $25.8 million.

On a per-share basis, the Boston-based company said it had profit of 51 cents. Earnings, adjusted for one-time gains and costs, came to 70 cents per share.

The bank holding company posted revenue of $148.8 million in the period. Its adjusted revenue was $114.7 million.

For the year, the company reported profit of $97.5 million, or $1.97 per share. Revenue was reported as $449.3 million.

Berkshire Hills shares have fallen slightly more than 8% since the beginning of the year. In the final minutes of trading on Monday, shares hit $30.14, an increase of nearly 10% 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