This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Berkshire Hills To List BHLB Stock With NYSE; To Ring Opening Bell On November 29

PITTSFIELD, Mass., Oct. 23, 2012 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NASDAQ: BHLB) announced today that it has been cleared to list its common stock on the New York Stock Exchange ( NYSE).  The company will retain the ticker symbol "BHLB".  The Company expects to begin trading on the NYSE on or about November 19, 2012.  Until the transfer, the Company's stock will continue to be listed on the NASDAQ Global Select Market (NASDAQ).  Berkshire Hills is the parent company of Berkshire Bank, America's Most Exciting Bank(SM). 

(Logo:  http://photos.prnewswire.com/prnh/20120131/NE44966LOGO )

Berkshire CEO Michael Daly stated, " Berkshire has grown to over 25 million common shares outstanding and a market capitalization over $550 million.  With the increased investor interest in our company, we are pleased to have been cleared by the NYSE to join the many successful banks which are traded there.   As we continue to grow in size and profitability, we look forward to the support and visibility that this listing will provide for our existing and prospective shareholders."

"We are thrilled to welcome Berkshire Hills Bancorp to the New York Stock Exchange, where the company joins the ranks of other successful financial institutions in America and the world," said Scott Cutler, EVP and head of Global Listings, NYSE Euronext.  "Berkshire Hills Bancorp has an outstanding record of growth, service and performance, and of delivering on its brand promise of excitement.  The NYSE is the world's leading exchange brand and provides Berkshire Hills Bancorp with a platform for unsurpassed market quality, liquidity, innovation, and visibility. On behalf of my colleagues, we look forward to our partnership and to serving the company and its shareholders."

In celebration of the transfer, representatives from Berkshire will ring the NYSE Opening Bell at 9:30 a.m. ET on November 29, 2012.

BACKGROUND

Berkshire Hills Bancorp is the parent of Berkshire Bank – America's Most Exciting Bank(SM). Including the recent acquisition of Beacon Federal Bancorp, the Company has approximately $5.5 billion in assets and 73 full service branch offices in Massachusetts, New York, Connecticut, and Vermont providing personal and business banking, insurance, and wealth management services.  Berkshire Bank provides 100% deposit insurance protection for all deposit accounts, regardless of amount, based on a combination of FDIC insurance and the Depositors Insurance Fund (DIF). 

FORWARD LOOKING STATEMENTS

This document may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.  There are several factors that could cause actual results to differ significantly from expectations described in the forward-looking statements. For a discussion of such factors, please see Berkshire's most recent reports on Forms 10-K and 10-Q filed with the Securities and Exchange Commission and available on the SEC's website at www.sec.govBerkshire does not undertake any obligation to update forward-looking statements made in this document.

CONTACTS

Investor Relations Contact David GonciInvestor Relations Officer413-281-1973

Media Contact Lori GazzilloAVP, Community Relations413-822-1695

SOURCE Berkshire Hills Bancorp, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,976.31 +263.65 1.49%
S&P 500 2,086.24 +25.22 1.22%
NASDAQ 4,947.4410 +56.2220 1.15%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs