Berkshire Hills Reports First Quarter Net Income of $27.6 Million, or $0.63 per Share

Diversified 5 percent growth in average loans; relatively flat (-1%) average deposits Cash and borrowing capacity at 117% of uninsured deposits Tangible book value per share +4 percent to $21.89 TCE ratio of 7.9 percent and CET1 ratio of 12.1 percent Added two prominent and well-respected…