{"id":491045,"date":"2021-05-11T07:34:10","date_gmt":"2021-05-11T11:34:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/berkshire-hills-announces-strategy-update-presentation\/"},"modified":"2021-05-11T07:34:10","modified_gmt":"2021-05-11T11:34:10","slug":"berkshire-hills-announces-strategy-update-presentation","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/berkshire-hills-announces-strategy-update-presentation\/","title":{"rendered":"Berkshire Hills Announces Strategy Update Presentation"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Berkshire&#8217;s Exciting Strategic Transformation (BEST) Targets Improvements in Profitability, Customer Experience and Community Impact<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">BOSTON<\/span>, <span class=\"xn-chron\">May 11, 2021<\/span> \/PRNewswire\/ &#8212; Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, will announce <span class=\"xn-location\">Berkshire&#8217;s<\/span> Exciting Strategic Transformation (BEST) on <span class=\"xn-chron\">Tuesday, May 18, 2021<\/span> at <span class=\"xn-chron\">10:00 a.m. eastern time<\/span>. During a virtual presentation, management will discuss BEST in further detail and provide guidance on its expected financial impacts. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/493597\/BHLB_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/493597\/BHLB_Logo.jpg\" title=\"(PRNewsfoto\/Berkshire Hills Bancorp, Inc.)\" alt=\"(PRNewsfoto\/Berkshire Hills Bancorp, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>In pursuit of its vision of being the leading socially responsible omni-channel community bank in the markets it serves, management undertook a comprehensive strategic planning process to address the macro and micro trends impacting <span class=\"xn-location\">Berkshire&#8217;s<\/span> performance. BEST is its plan for action to close the gap against peers in relevant metrics, transform the Bank for the future, and stay true to its purpose and values by optimizing, digitizing and enhancing its community bank model. <\/p>\n<p>&#8220;I&#8217;m confident that with BEST, we will move forward with collective passion, resolve, and confidence to prove that <span class=\"xn-location\">Berkshire&#8217;s<\/span> purpose-driven community-dedicated banking will enhance value for all our stakeholders. BEST will make us a better and stronger company, faster. Our management team looks forward to sharing more details with you on <span class=\"xn-chron\">May 18<\/span><sup>th&#8221;<\/sup>, stated <span class=\"xn-person\">Nitin Mhatre<\/span>, CEO of Berkshire Hills Bancorp and Berkshire Bank. <\/p>\n<p>Participants are encouraged to pre-register for the virtual event using the following link:\u00a0 <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3158926-1&amp;h=3295706755&amp;u=https%3A%2F%2Fir.berkshirebank.com%2Fnews-events&amp;a=https%3A%2F%2Fir.berkshirebank.com%2Fnews-events\" rel=\"nofollow noopener\">https:\/\/ir.berkshirebank.com\/news-events<\/a>.\u00a0 Participants may pre-register at any time prior to the virtual event and will immediately receive simple instructions via email. <\/p>\n<p>A telephone replay of the presentation will be available through <span class=\"xn-chron\">Tuesday, June 8, 2021<\/span> by dialing (800) 585-8367 and entering conference ID\u00a0 5785379.\u00a0 The full virtual presentation will be available on <span class=\"xn-location\">Berkshire&#8217;s<\/span> website <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3158926-1&amp;h=2214674765&amp;u=http%3A%2F%2Fir.berkshirebank.com%2F&amp;a=ir.berkshirebank.com\" rel=\"nofollow noopener\">ir.berkshirebank.com<\/a> for an extended period of time. <\/p>\n<p>\n        <b>ABOUT <span class=\"xn-location\">BERKSHIRE<\/span> HILLS BANCORP<\/b>\n      <\/p>\n<p>Berkshire Hills Bancorp is the parent of\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3158926-1&amp;h=1532006061&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3145281-1%26h%3D3360881056%26u%3Dhttp%253A%252F%252Fwww.berkshirebank.com%252F%26a%3DBerkshire%2BBank&amp;a=Berkshire+Bank\" rel=\"nofollow noopener\">Berkshire Bank<\/a>, which is transforming what it means to bank its neighbors socially, humanly and digitally to empower the financial potential of people, families and businesses in its communities as it pursues its vision of being the leading socially responsible omni-channel community bank in the markets it serves. Headquartered in <span class=\"xn-location\">Boston<\/span>, <span class=\"xn-location\">Berkshire<\/span> operates 118 banking offices primarily in New England and New York.\u00a0<\/p>\n<p>\n        <b>FORWARD-LOOKING STATEMENTS<\/b>\n      <\/p>\n<p>This document contains &#8220;forward-looking statements&#8221; within the meaning of section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. You can identify these statements from the use of the words &#8220;may,&#8221; &#8220;will,&#8221; &#8220;should,&#8221; &#8220;could,&#8221; &#8220;would,&#8221; &#8220;plan,&#8221; &#8220;potential,&#8221; &#8220;estimate,&#8221; &#8220;project,&#8221; &#8220;believe,&#8221; &#8220;intend,&#8221; &#8220;anticipate,&#8221; &#8220;expect,&#8221; &#8220;target,&#8221; and similar expressions. There are many 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 <span class=\"xn-location\">Berkshire&#8217;s<\/span> most recent reports on Forms 10-K and 10-Q filed with the Securities and Exchange Commission and available on the SEC&#8217;s website at\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3158926-1&amp;h=4001349023&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3101957-1%26h%3D3340600321%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D3046599-1%2526h%253D1744455897%2526u%253Dhttps%25253A%25252F%25252Furldefense.com%25252Fv3%25252F__http%25253A%25252Fwww.sec.gov%25252F__%25253B!!KurxxnpmNnI!WAVL96eO3TaOxKsR1rzGIv1eiOmppQ6hFPXTQLXH8qVX0SAMrPniqe1izBJ6w-1SkzHR7g%252524%2526a%253Dwww.sec.gov%26a%3Dwww.sec.gov&amp;a=www.sec.gov\" rel=\"nofollow noopener\">www.sec.gov<\/a>.\u00a0 Accordingly, you should not place undue reliance on forward-looking statements, which reflect our expectations only as of the date of this document. <span class=\"xn-location\">Berkshire<\/span> does not undertake any obligation to update forward-looking statements.<\/p>\n<p>\n        <b>Investor Relations Contacts:<\/b>\u00a0 <\/p>\n<p>\n        <span class=\"xn-person\">Kevin Conn<\/span>, SVP, Investor Relations &amp; Corporate Development<br \/>Email:\u00a0<a target=\"_blank\" href=\"mailto:KAConn@berkshirebank.com\" rel=\"nofollow noopener\">KAConn@berkshirebank.com<\/a><br \/>Tel: (617) 641-9206<\/p>\n<p>\n        <span class=\"xn-person\">David Gonci<\/span>, Capital Markets Director<br \/>Email:\u00a0 <a target=\"_blank\" href=\"mailto:DGonci@berkshirebank.com\" rel=\"nofollow noopener\">DGonci@berkshirebank.com<\/a><br \/>Tel:\u00a0 (413) 281-1973<\/p>\n<p>\n        <b>Media Contacts:<\/b>\n      <\/p>\n<p>\n        <span class=\"xn-person\">John Lovallo<\/span><br \/>\n        <br \/>Email:\u00a0<a target=\"_blank\" href=\"mailto:jlovallo@levick.com\" rel=\"nofollow noopener\">jlovallo@levick.com<\/a><br \/>Tel: (917) 612-8419<\/p>\n<p>\n        <span class=\"xn-person\">Sarah Sem<\/span><br \/>\n        <br \/>Email: <a target=\"_blank\" href=\"mailto:ssem@levick.com\" rel=\"nofollow noopener\">ssem@levick.com<\/a><br \/>Tel: (802) 310-7663<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE73014&amp;sd=2021-05-11\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/berkshire-hills-announces-strategy-update-presentation-301288063.html\">http:\/\/www.prnewswire.com\/news-releases\/berkshire-hills-announces-strategy-update-presentation-301288063.html<\/a><\/p>\n<p>SOURCE  Berkshire Hills Bancorp, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NE73014&amp;Transmission_Id=202105110730PR_NEWS_USPR_____NE73014&amp;DateId=20210511\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Berkshire&#8217;s Exciting Strategic Transformation (BEST) Targets Improvements in Profitability, Customer Experience and Community Impact PR Newswire BOSTON, May 11, 2021 \/PRNewswire\/ &#8212; Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, will announce Berkshire&#8217;s Exciting Strategic Transformation (BEST) on Tuesday, May 18, 2021 at 10:00 a.m. eastern time. During a virtual presentation, management will discuss BEST in further detail and provide guidance on its expected financial impacts. In pursuit of its vision of being the leading socially responsible omni-channel community bank in the markets it serves, management undertook a comprehensive strategic planning process to address the macro and micro trends impacting Berkshire&#8217;s performance. BEST is its plan for action to close the gap against peers in relevant &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/berkshire-hills-announces-strategy-update-presentation\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Berkshire Hills Announces Strategy Update Presentation&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-491045","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Berkshire Hills Announces Strategy Update Presentation - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/berkshire-hills-announces-strategy-update-presentation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Berkshire Hills Announces Strategy Update Presentation - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Berkshire&#8217;s Exciting Strategic Transformation (BEST) Targets Improvements in Profitability, Customer Experience and Community Impact PR Newswire BOSTON, May 11, 2021 \/PRNewswire\/ &#8212; Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, will announce Berkshire&#8217;s Exciting Strategic Transformation (BEST) on Tuesday, May 18, 2021 at 10:00 a.m. eastern time. During a virtual presentation, management will discuss BEST in further detail and provide guidance on its expected financial impacts. In pursuit of its vision of being the leading socially responsible omni-channel community bank in the markets it serves, management undertook a comprehensive strategic planning process to address the macro and micro trends impacting Berkshire&#8217;s performance. 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(NYSE: BHLB), the parent company of Berkshire Bank, will announce Berkshire&#8217;s Exciting Strategic Transformation (BEST) on Tuesday, May 18, 2021 at 10:00 a.m. eastern time. During a virtual presentation, management will discuss BEST in further detail and provide guidance on its expected financial impacts. In pursuit of its vision of being the leading socially responsible omni-channel community bank in the markets it serves, management undertook a comprehensive strategic planning process to address the macro and micro trends impacting Berkshire&#8217;s performance. BEST is its plan for action to close the gap against peers in relevant &hellip; Continue reading \"Berkshire Hills Announces Strategy Update Presentation\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/berkshire-hills-announces-strategy-update-presentation\/","og_site_name":"Market Newsdesk","article_published_time":"2021-05-11T11:34:10+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/493597\/BHLB_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/berkshire-hills-announces-strategy-update-presentation\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/berkshire-hills-announces-strategy-update-presentation\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Berkshire Hills Announces Strategy Update Presentation","datePublished":"2021-05-11T11:34:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/berkshire-hills-announces-strategy-update-presentation\/"},"wordCount":564,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/berkshire-hills-announces-strategy-update-presentation\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/493597\/BHLB_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/berkshire-hills-announces-strategy-update-presentation\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/berkshire-hills-announces-strategy-update-presentation\/","name":"Berkshire Hills Announces Strategy Update Presentation - 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