Berkshire Hills Bancorp CFO David Rosato To Step Down To Pursue Other Interests; Brett Brbovic Named As Executive Vice President And CFO, Effective June 14, 2024

5/14/24 5:05:58 PM ET

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Rosato will remain with the company through June 14, 2024, as the Company transitions his responsibilities to Brett Brbovic.

The Company and the Bank have appointed Chief Accounting Officer Brett Brbovic as Executive Vice President and Chief Financial Officer, effective June 14, 2024. Mr. Brbovic joined the Company from KPMG LLP in 2012 and has served as Chief Accounting Officer since 2015. He previously served as Interim Chief Financial Officer, from October 7, 2022, to February 6, 2023.

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Recent Analyst Ratings for
$BHLB

Date	Price Target	Rating	Analyst
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
9/12/2023	$16.00	Sell	Seaport Research Partners
10/14/2022	$31.00 → $29.00	Neutral → Underweight	Piper Sandler
9/13/2022	$33.00	Outperform	Hovde Group
7/21/2022	$31.00	Neutral → Buy	Janney

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$BHLB
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Berkshire Hills Announces Quarterly Shareholder Dividend
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
11/1/24 7:30:00 AM ET
$BHLB
Banks
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Berkshire Hills Reports Higher Third Quarter Net Income of $37.5 million, or $0.88 Per Share
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
10/24/24 7:30:00 AM ET
$BHLB
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Berkshire Hills Announces Third Quarter 2024 Earnings Release and Conference Call Schedule
BOSTON, Oct. 1, 2024 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE:BHLB) third quarter 2024 earnings release and conference call are scheduled as follows: Earnings Release: October 24, 2024, at approximately 7:30 a.m. (Eastern) Conference Call: Thursday, October 24, 2024, at 9:00 a.m. (Eastern) Webcast (listen-only): Register at: https://events.q4inc.com/attendee/132825795 Dial-in Number: Toll Free: 800-549-8228; Conference ID: 47447 Webcast Replay: https://ir.berkshirebank.com (for the live webcast and the replay) Telephone Replay:
10/1/24 7:30:00 AM ET
$BHLB
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Berkshire Hills Bancorp Announces Results of Annual Meeting
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.
5/17/24 7:30:00 AM ET
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Berkshire Hills Bancorp Bolsters Commercial & Private Banking Franchise
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
3/21/24 4:15:00 PM ET
$BHLB
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Berkshire Hills Bancorp Appoints Mary Anne Callahan as New Independent Director
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
9/14/23 7:30:00 AM ET
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Berkshire Hills Announces Quarterly Shareholder Dividend
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
11/1/24 7:30:00 AM ET
$BHLB
Banks
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Berkshire Hills Reports Higher Third Quarter Net Income of $37.5 million, or $0.88 Per Share
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
10/24/24 7:30:00 AM ET
$BHLB
Banks
Finance
Berkshire Hills Announces Third Quarter 2024 Earnings Release and Conference Call Schedule
BOSTON, Oct. 1, 2024 /PRNewswire/ -- The Berkshire Hills Bancorp, Inc. (NYSE:BHLB) third quarter 2024 earnings release and conference call are scheduled as follows: Earnings Release: October 24, 2024, at approximately 7:30 a.m. (Eastern) Conference Call: Thursday, October 24, 2024, at 9:00 a.m. (Eastern) Webcast (listen-only): Register at: https://events.q4inc.com/attendee/132825795 Dial-in Number: Toll Free: 800-549-8228; Conference ID: 47447 Webcast Replay: https://ir.berkshirebank.com (for the live webcast and the replay) Telephone Replay:
10/1/24 7:30:00 AM ET
$BHLB
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Berkshire Hills Bancorp CFO David Rosato To Step Down To Pursue Other Interests; Brett Brbovic Named As Executive Vice President And CFO, Effective June 14, 2024

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$BHLB Large Ownership Changes

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SEC Form SC 13G/A filed by Berkshire Hills Bancorp Inc. (Amendment)

SEC Form SC 13G/A filed by Berkshire Hills Bancorp Inc. (Amendment)

SEC Form SC 13G/A filed by Berkshire Hills Bancorp Inc. (Amendment)

$BHLB Insider Purchases

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Mhatre Nitin J. bought $24,221 worth of shares (1,100 units at $22.02), increasing direct ownership by 1% to 88,799 units (SEC Form 4)

Callahan Mary Anne bought $121,800 worth of shares (6,000 units at $20.30) (SEC Form 4)

Callahan Mary Anne bought $41,200 worth of shares (2,000 units at $20.60) (SEC Form 4)

$BHLB Press Releases

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Berkshire Hills Announces Quarterly Shareholder Dividend

Berkshire Hills Reports Higher Third Quarter Net Income of $37.5 million, or $0.88 Per Share

Berkshire Hills Announces Third Quarter 2024 Earnings Release and Conference Call Schedule

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$BHLB Leadership Updates

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Berkshire Hills Bancorp downgraded by Janney with a new price target

Hovde Group reiterated coverage on Berkshire Hills Bancorp with a new price target

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Janney Montgomery Scott Downgrades Berkshire Hills Bancorp to Neutral, Announces $28 Price Target

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