Following the anticipated completion of the sale, Glens Falls National Bank will operate a total of nine branches in Washington County. The Whitehall branch includes deposit accounts with an aggregate approximate balance of $39 million and loans with an aggregate approximate balance of $3 million.
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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 9/9/2024 | $28.00 → $31.00 | Market Perform | Hovde Group | |
| 7/22/2024 | $28.00 | Buy → Neutral | Janney | |
| 7/19/2024 | $28.00 → $31.00 | Outperform | Hovde Group | |
| 1/29/2024 | Sell → Neutral | Seaport Research Partners | ||
| 1/10/2024 | $24.00 | Underweight → Neutral | Piper Sandler | |
| 1/9/2024 | Market Perform | Hovde Group | ||
| 9/12/2023 | $16.00 | Sell | Seaport Research Partners | |
| 10/14/2022 | $31.00 → $29.00 | Neutral → Underweight | Piper Sandler |
BOSTON, Nov. 1, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE:BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.18 per common share to shareholders of record at the close of business on November 14, 2024, payable on November 27, 2024. About Berkshire Hills Bancorp Headquartered in Boston, Berkshire Hills Bancorp is the parent of Berkshire Bank. With $11.6 billion in assets and 83 branches in New England and New York, the Bank provides Commercial Banking, Retail Banking, Consumer Lending, Private Banking and Wealth Manage
GLENS FALLS, N.Y., Oct. 31, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® – AROW) ("Arrow" or "the Company") announced financial results for the three-month period ended September 30, 2024. Net income for the third quarter of 2024 was $9.0 million and fully diluted earnings per share ("EPS") was $0.53, versus $7.7 million and EPS of $0.46 for the same period in 2023. This Earnings Release and related commentary should be read in conjunction with the Company's October 31, 2024 Form 8-K and related Third Quarter 2024 Investor Presentation, which can also be found o
Operating EPS of $0.58 increased 5% linked quarter and 16% year-over-year $16 million non-operating gain on branch sale ($0.30 per share after tax)Operating revenue up 1% linked quarter and 2% year-over-year14.8% return on tangible common equity; 9.9% operating return on tangible common equityBranch sale and loan sale are expected to further improve long-term profitability BOSTON, Oct. 24, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE:BHLB) today reported results for the third quarter of 2024. These results along with comparison periods are summarized below: ($ in m
SC 13G/A - BERKSHIRE HILLS BANCORP INC (0001108134) (Subject)
SC 13G/A - BERKSHIRE HILLS BANCORP INC (0001108134) (Subject)
SC 13G/A - BERKSHIRE HILLS BANCORP INC (0001108134) (Subject)
4 - BERKSHIRE HILLS BANCORP INC (0001108134) (Issuer)
4 - ARROW FINANCIAL CORP (0000717538) (Issuer)
4 - ARROW FINANCIAL CORP (0000717538) (Issuer)
4 - ARROW FINANCIAL CORP (0000717538) (Issuer)
3 - ARROW FINANCIAL CORP (0000717538) (Issuer)
4 - ARROW FINANCIAL CORP (0000717538) (Issuer)
Arrow Financial (NASDAQ:AROW) reported quarterly earnings of $0.52 per share which missed the analyst consensus estimate of $0.54 by 3.7 percent. This is a 48.57 percent increase over earnings of $0.35 per share from the same period last year.
Janney Montgomery Scott analyst Jake Civiello downgrades Berkshire Hills Bancorp (NYSE:BHLB) from Buy to Neutral and announces $28 price target.
Berkshire Hills Bancorp (NYSE:BHLB) reported quarterly earnings of $0.57 per share which beat the analyst consensus estimate of $0.52 by 9.62 percent. This is a 3.64 percent increase over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $88.53 million which missed the analyst consensus estimate of $90.50 million by 2.17 percent. This is a 4.56 percent decrease over sales of $92.76 million the same period last year.
Hovde Group resumed coverage of Arrow Financial with a rating of Market Perform and set a new price target of $31.00 from $28.00 previously
Janney downgraded Berkshire Hills Bancorp from Buy to Neutral and set a new price target of $28.00
Hovde Group reiterated coverage of Berkshire Hills Bancorp with a rating of Outperform and set a new price target of $31.00 from $28.00 previously
BOSTON, Nov. 1, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE:BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.18 per common share to shareholders of record at the close of business on November 14, 2024, payable on November 27, 2024. About Berkshire Hills Bancorp Headquartered in Boston, Berkshire Hills Bancorp is the parent of Berkshire Bank. With $11.6 billion in assets and 83 branches in New England and New York, the Bank provides Commercial Banking, Retail Banking, Consumer Lending, Private Banking and Wealth Manage
GLENS FALLS, N.Y., Oct. 31, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® – AROW) ("Arrow" or "the Company") announced financial results for the three-month period ended September 30, 2024. Net income for the third quarter of 2024 was $9.0 million and fully diluted earnings per share ("EPS") was $0.53, versus $7.7 million and EPS of $0.46 for the same period in 2023. This Earnings Release and related commentary should be read in conjunction with the Company's October 31, 2024 Form 8-K and related Third Quarter 2024 Investor Presentation, which can also be found o
Operating EPS of $0.58 increased 5% linked quarter and 16% year-over-year $16 million non-operating gain on branch sale ($0.30 per share after tax)Operating revenue up 1% linked quarter and 2% year-over-year14.8% return on tangible common equity; 9.9% operating return on tangible common equityBranch sale and loan sale are expected to further improve long-term profitability BOSTON, Oct. 24, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE:BHLB) today reported results for the third quarter of 2024. These results along with comparison periods are summarized below: ($ in m
10-Q - BERKSHIRE HILLS BANCORP INC (0001108134) (Filer)
10-Q - ARROW FINANCIAL CORP (0000717538) (Filer)
13F-HR - ARROW FINANCIAL CORP (0000717538) (Filer)
Shareholders Recognize Berkshire's Achievements; Approve All Proposals BOSTON, May 17, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE:BHLB), the parent company of Berkshire Bank, a relationship-driven, community-focused bank with financial centers in New England and New York, announced today that all three proposals were approved at its Annual Meeting of Shareholders on May 16, 2024, with a quorum of approximately 91% of outstanding shares voted in person or by proxy at the meeting. All measures were unanimously recommended by the Board. All measures requesting shareholder approval received at least 96% support.
Torrance Childs, Former President of Private Banking at Boston Private, 40-Year Boston Banking Veteran, Joins Berkshire to Accelerate Client Growth & Experience BOSTON, March 21, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE:BHLB), the parent company of Berkshire Bank, a relationship-driven, community-focused bank with financial centers in New England and New York, is pleased to welcome Torrance Childs, former President of Private Banking at Boston Private Bank & Trust, to the Company as Chief Commercial Deposit Officer. In his new role, Childs will focus on deliv
BOSTON, Sept. 14, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE:BHLB), the parent company of Berkshire Bank, a leading socially responsible community bank with financial centers in New England and New York, announced the election of Mary Anne Callahan to the Board of Directors of the Company and its wholly-owned subsidiary Berkshire Bank effective September 13, 2023. Ms. Callahan has extensive investment banking expertise including advising bank clients on strategy, capital management and merger and acquisitions. She served most recently as a Managing Director in the Financial Services Group at Piper Sandler Companies. Upon her election, Ms. Callahan was determined to be an indepe