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Stock impact report

3 Stocks to Outshine in the Thriving Savings & Loan Industry [Yahoo! Finance]

Berkshire Hills Bancorp, Inc. (BHLB) 
Last berkshire hills bancorp, inc. earnings: 1/27 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: shareholder.broadridge.com/bhlb
Company Research Source: Yahoo! Finance
originations and refinancing on the back of declining mortgage rates. Also, the Federal Reserve's easing monetary policy is likely to aid a rise in loan demand. The digitization of operations and a stable deposit base are anticipated to support industry players in the near term. Thus, some of the industry players like ServisFirst Bancshares SFBS, Berkshire Hills Bancorp, Inc. BHLB and Heritage Financial Corporation, Inc. HFWA are poised to gain from these developments. Industry Description The Zacks Savings and Loan industry consists of specialized U.S. banks, which are generally locally owned, focusing on extending residential mortgage finance. Companies in the industry provide residential mortgages, commercial and industrial mortgages, home equity loans, vehicle loans and other business loans. The institutions fund mortgages with savings insured by Federal Deposit Insurance Corporation ("FDIC"). They offer high interest rates on savings to attract deposits, enhancing their a Show less Read more
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