Berkshire Hills Bancorp, Inc. (BHLB) Thursday reported net income of $19.66 million or $0.46 per share for the fourth quarter, compared with net loss of $1.45 million or $0.03 per share in the same quarter a year ago.
Operating net income increased to $25.98 million, or $0.60 per share from $20.19 million or $0.47 per share last year.
Net interest income, fully taxable equivalent, decreased to $88.79 million from $90.44 million a year ago.
Provision for credit losses was $6 million, down from $7 million in the prior year.
For comments and feedback: editorial@rttnews.com