Berkshire Hills Bancorp, Inc.(BHLB)- NYSE
  • Jul. 22, 2013, 10:41 AM

    Berkshire Hills Bancorp (BHLB -6.1%) tumbles after saying it took a hit from spiking long term interest rates in Q2 - with tightening mortgage origination volumes and margins, impacts on commercial loan and interest rate swap revenues, and higher expenses as integration and efficiency projects were completed. EPS is expected at $0.48 vs. $0.55 consensus. The full report is expected on July 24. KBW downgrades to Hold from Buy. Previous: Berkshire is busy on the acquisition trail.

    | Jul. 22, 2013, 10:41 AM | 1 Comment
Company Description
Berkshire Hills Bancorp, Inc. operates as a bank holding company, which through its subsidiary, engages in the provision of community banking services. It operates through the Banking and Insurance segments. It offers savings and checking accounts, deposits, lending, mortgages loans, insurance,... More
Sector: Financial
Industry: Savings & Loans
Country: United States