Beacon Financial Corporation · NYSE:BBT
Beacon Financial — Berkshire Hills Bancorp — Shareholder Meeting (May 2012)
9 slides from Beacon Financial's shareholder meeting presentation, May 11, 2012
Slide 1: 2012 Annual Shareholders Meeting
BERKSHIRE HILLS BANCORP - BHLB www.berkshirebank.com America’s Most Exciting Bank sm 2012 Annual Shareholders Meeting Crowne Plaza Hotel One West Street Pittsfield, Massachusetts May 10, 2012 10:00 AM (ET)
Slide 2: Forward Looking Statements
BERKSHIRE HILLS BANCORP - BHLB www.berkshirebank.com America’s Most Exciting Bank sm This presentation may contain forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) which involve significant risks and uncertainties. Actual results may differ mate
Slide 3: 2011 Financial Highlights
BERKSHIRE HILLS BANCORP - BHLB www.berkshirebank.com America’s Most Exciting Bank sm 2011 Financial Highlights Core EPS -$1.56 53% increase in core earnings per share 38% net interest income growth 13% fee income growth 6% organic commercial loan growth 10% organic deposit growth Wealth Management a
Slide 4: 2011 Financial Highlights
BERKSHIRE HILLS BANCORP - BHLB www.berkshirebank.com America’s Most Exciting Bank sm 2011 Financial Highlights 3.57% net interest margin, increased from 3.28% in the prior year 0.65% non-performing assets/total assets 0.93% core ROA run rate in Q4 including bank acquisitions; 0.85% GAAP ROA 59% effi
Slide 5: 2011 Highlights
BERKSHIRE HILLS BANCORP - BHLB www.berkshirebank.com America’s Most Exciting Bank sm 2011 Highlights Recruited a prominent commercial lending team in central/eastern MA Recruited strong new executive and senior level talent Opened a new commercial lending office in Westborough, MA Opened two de novo
Slide 6: 2011 Stock Results
BERKSHIRE HILLS BANCORP - BHLB www.berkshirebank.com America’s Most Exciting Bank sm 2011 Stock Results 3.5% total stock return 3%+ dividend yield 6% increase in quarterly dividend to $0.17 per share in November 100% BUY ratings from four analysts covering stock $25+ current target price $500 millio
Slide 7: Our Financial Goals
BERKSHIRE HILLS BANCORP - BHLB www.berkshirebank.com America’s Most Exciting Bank sm Our Financial Goals Return on assets > 1% Return on equity > 10% Net interest margin > 3.50% Efficiency ratio < 55% $2.00 + EPS
Slide 8: Bullish Prospects
BERKSHIRE HILLS BANCORP - BHLB www.berkshirebank.com America’s Most Exciting Bank sm Bullish Prospects Clean balance sheet and improving asset metrics Strong capital and liquidity Positioned to take advantage of stronger economy and higher interest rates Talented and focused management team Strong m
Slide 9: Questions and Investor Relations Contact
If you have any questions, please contact: David Gonci Investor Relations Officer (413) 281-1973 dgonci@berkshirebank.com Committed to the RIGHT core values: Respect Integrity Guts Having Fun Teamwork
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