08:37 AM EST, 12/16/2024 (MT Newswires) -- Berkshire Hills Bancorp ( BHLB ) and Brookline Bancorp ( BRKL ) are in talks to merge, the Wall Street Journal reported Monday, citing people familiar with the matter.

A deal could be finalized as early as next week, according to the report.

Each regional bank holds about $12 billion in assets and Berkshire Hills had a market value of around $1.30 billion on Friday while Brookline was valued at $1.12 billion, the report said.

Berkshire and Brookline did not immediately reply to MT Newswires' requests for comment.

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