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.