Berkshire Hills Bancorp (BHLB) 8-K Berkshire Hills Announces Quarterly Shareholder Dividend

EXHIBIT 99.1

Berkshire Hills Announces Quarterly Shareholder Dividend

BOSTON, November 1, 2021 – Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.12 per common share to shareholders of record at the close of business on November 11, 2021, payable on November 24, 2021.

ABOUT BERKSHIRE HILLS BANCORP

Berkshire Hills Bancorp is the parent of Berkshire Bank, 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. Berkshire Bank provides business and consumer banking, mortgage, wealth management, and investment services. Headquartered in Boston, Berkshire has approximately $11.8 billion in assets and operates 107 branch offices in New England and New York, and is a member of the Bloomberg Gender-Equality Index. To learn more, call 800-773-5601 or follow us on Facebook, Twitter, Instagram, and LinkedIn.

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Investor Relations Contacts

Kevin Conn, SVP, Investor Relations & Corporate DevelopmentEmail: KAConn@berkshirebank.comTel: (617) 641-9206

David Gonci, Capital Markets DirectorEmail: dgonci@berkshirebank.comTel: (413) 281-1973