Below are the earnings highlights for Berkshire Hills Bancorp Inc. (BHLB):
Earnings: $25.719 million in Q1 vs. -$20.188 million in the same period last year.
EPS: $0.56 in Q1 vs. -$0.47 in the same period last year.
Analysts projected $0.52 per share
Revenue: $110.443 million in Q1 vs. $55.541 million in the same period last year.
For the first quarter, the company posted operating earnings of $27.6 million, or $0.60 per share, compared with $20.9 million, or $0.49 per share, registered for the same period last year.
Loans stood at $9.429 billion as against the prior year’s $9.086 billion, while deposits slipped to $9.880 billion from $9.883 billion a year ago.
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