Berkshire Hills Bancorp (BHLB) has disclosed a new risk, in the Regulation category.
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Berkshire Hills Bancorp faces significant business risks related to its pending merger with Brookline Bancorp, as highlighted in their recent reports. While stockholder approval has been secured, merger-related uncertainties could still materially impact the company’s financial condition and future operating results. These risks are compounded by potential unknown or currently immaterial factors that may adversely affect the company. Stakeholders should remain vigilant, as no material changes in risk factors have been reported since the last Form 10-K.
The average BHLB stock price target is $25.99, implying 6.47% upside potential.
To learn more about Berkshire Hills Bancorp’s risk factors, click here.