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. The company, through its subsidiary Berkshire Bank provides banking and financial services. It offers deposit, lending, insurance and wealth management products to retail, commercial, not-for-profit and municipal customers in its... More
Sector: Financial
Industry: Savings & Loans
Country: United States