Berkshire Hills Bancorp Outlook Following Q4 Results
<p><a href='https://financialmodelingprep.com/financial-summary/BHLB'>Berkshire Hills Bancorp, Inc. (NYSE:BHLB) </a>reported its Q4 results, highlighted by solid fundamental trends with stable loans, slight margin expansion, controlled core expenses, and another negative provision. The company’s quarterly EPS of $0.42 was in-line with the consensus estimates. </p>
<p>The company’s outlook for 2022 is generally favorable with respect to trends, with low- to mid-single-digit loan growth expectations. Net interest income is expected to grow at a mid-single-digit pace as the margin should benefit from a rising rate environment.</p>
<p>Analysts at RBC Capital raised their 2022 EPS estimate of $1.82 to $1.85 and their 2023 EPS estimate from $1.91 to $1.95.</p>

NYSE:BHLB