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Berkshire Hills Bancorp’s 2025 NIM Set to Expand by 25 Basis Points

Berkshire Hills Bancorp, Inc. (BHLB) has announced a quarterly dividend of $0.18 per share. The company’s Q4 2024 earnings call revealed plans for a 25 basis point expansion in their net interest margin (NIM) for 2025, driven by merger synergies and deposit growth. In the fourth quarter of 2024, BHLB reported a non-GAAP EPS of $0.60, surpassing estimates by $0.05, and revenue of $110.18 million, which was $7.06 million above expectations. These financial achievements highlight the company’s robust performance and strategic growth initiatives.

Source: seekingalpha.com

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