Berkshire Bank Rings Opening Bell at NYSE
CEO Nitin Mhatre stated, “We’re proud to celebrate the anniversary of our NYSE listing and our long history of purpose-driven, values guided community banking. We believe that where you bank matters, and we’re building a better approach to banking while delivering steadily improving results to our communities and our shareholders. In 2022, our team has delivered strong improvement in our financial results, along with a 50% dividend increase, and our stock has outperformed the NYSE Composite index and the KBW Regional Banking index.”
“We’re making steady progress in our Berkshire’s Exciting Strategic Transformation (BEST) program and we’re in the top quartile of banks in our index of ESG performance. Additionally, we issued the first Community Bank Sustainability Bond in the U.S. in June and were named by Newsweek as one of America’s Most Trustworthy Companies. These milestones are only possible because of the collective work of more than 1,300 Berkshire bankers who are delivering an exceptional customer experience and positive impact in our local communities,” added Mhatre.
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