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Stock impact report

Berkshire Hills Bancorp to Sell Select Upstate and Eastern New York Branches [Yahoo! Finance]

Berkshire Hills Bancorp, Inc. (BHLB) 
Last berkshire hills bancorp, inc. earnings: 1/27 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: shareholder.broadridge.com/bhlb
Company Research Source: Yahoo! Finance
Combined branch and securities sale is neutral to full year 2024 earnings outlook BOSTON March 4, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) announced today that its wholly owned subsidiary Berkshire Bank has entered into definitive agreements with three buyers to sell 10 of its upstate and eastern New York branches, consisting of eight offices in Albany Saratoga Schenectady and Columbia counties, one office in Whitehall and one office in East Syracuse The sales include approximately $485.5 million in deposits, $60.5 million of related residential mortgage and consumer loans along with all branch premises and equipment. The transactions exclude Berkshire's commercial banking business. Hudson Valley Credit Union is purchasing eight locations in Albany Saratoga Schenectady , and Columbia counties, Glens Falls National Bank and Trust Company is purchasing one location in Whitehall and Pathfinder Bank is purchasing one location in East Syracuse . The buyers int Show less Read more
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