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Dime Community Bancshares, Inc. Reports First Quarter 2021 Results


Dime Community Bancshares, Inc. Reports First Quarter 2021 Results
First Quarter Results Highlighted by Robust Deposit Growth and PPP Originations
Announces Plans to Resume Share Repurchase Program
HAUPPAUGE, N.Y., April 30, 2021 (GLOBE NEWSWIRE) Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime” or “its”), the parent company of Dime Community Bank (the “Bank”), today reported a net loss to common stockholders of $22.9 million for the quarter ended March 31, 2021, or $0.66 per diluted common share, compared with net income to common stockholders of $3.3 million for the quarter ended December 31, 2020, or $0.16 per diluted common share, and net income to common stockholders of $8.4 million for the quarter ended March 31, 2020, or $0.37 per diluted common share. ....

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Berkshire Hills Announces First Quarter Results


Berkshire Hills Announces First Quarter Results
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BOSTON, April 28, 2021 /PRNewswire/  Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced first quarter 2021 net income of $13 million, or $0.26 per share, compared to $15 million, or $0.30 per share, in the prior quarter.  The first quarter non-GAAP measure of adjusted earnings totaled $16 million, or $0.32 per share, compared to $14 million, or $0.28 per share, in the prior quarter.   First quarter adjusted income excludes $3 million in restructuring and other expenses.  Quarterly results benefited from higher revenues and lower credit loss provision expense.
FIRST QUARTER FINANCIAL HIGHLIGHTS (Comparisons are to the prior quarter unless otherwise stated; non-GAAP measures are reconciled on page F-8) ....

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