Brookline Bancorp, Inc. (NASDAQ:BRKL)

Brookline Bancorp, Inc. BRKL

Financial Services - Banks - Regional - NASDAQ - US

Watchlist

$ 12.41

-0.839 %

$ 1.11 B

Market Cap

14.95

P/E

1. INTRINSIC VALUE

Brookline Bancorp, Inc. operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include demand checking, NOW, money market, and savings accounts. The company's loan portfolio primarily comprises first mortgage loans secured by commercial, multi-family, and residential real estate properties; loans to business entities comprising commercial lines of credit; loans to condominium associations; loans and leases used to finance equipment for small businesses; financing for construction and development projects; and home equity and other consumer loans. It also provides term loans, letters of credit, foreign exchange, cash management, investment advisory, and online and mobile banking services, as well as invests in debt and equity securities.[ Read More ]

The intrinsic value of one BRKL stock under the base case scenario is HIDDEN Compared to the current market price of 12.4 USD, Brookline Bancorp, Inc. is HIDDEN

BRKL Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart BRKL

FINANCIALS

Annual
Quarterly

333 M REVENUE

Growth Rates

1Year 1.62%

3Years 5.40%

5Years 4.09%

7Years 5.69%

10Years 5.78%

101 M OPERATING INCOME

Growth Rates

1Year -47.06%

3Years 17.74%

5Years -10.40%

7Years -3.05%

10Years 1.04%

75 M NET INCOME

Growth Rates

1Year -31.66%

3Years 16.33%

5Years -2.02%

7Years 5.27%

10Years 7.80%

117 M OPERATING CASH FLOW

Growth Rates

1Year -3.45%

3Years 1.20%

5Years -1.07%

7Years 5.89%

10Years 3.08%

-665 M INVESTING CASH FLOW

Growth Rates

1Year -19.29%

3Years 1.47%

5Years -2.50%

7Years -6.50%

10Years -9.57%

299 M FINANCING CASH FLOW

Growth Rates

1Year -39.30%

3Years -31.76%

5Years -9.55%

7Years -1.91%

10Years 6.70%

89.5 M REVENUE

Growth Rates

1Year 1.62%

3Years 5.40%

5Years 4.09%

7Years 5.69%

10Years 5.78%

26.7 M OPERATING INCOME

Growth Rates

1Year -47.06%

3Years 17.74%

5Years -10.40%

7Years -3.05%

10Years 1.04%

-31 M NET INCOME

Growth Rates

1Year -31.66%

3Years 16.33%

5Years -2.02%

7Years 5.27%

10Years 7.80%

-37.1 M OPERATING CASH FLOW

Growth Rates

1Year -3.45%

3Years 1.20%

5Years -1.07%

7Years 5.89%

10Years 3.08%

43.9 M INVESTING CASH FLOW

Growth Rates

1Year -19.29%

3Years 1.47%

5Years -2.50%

7Years -6.50%

10Years -9.57%

47.7 M FINANCING CASH FLOW

Growth Rates

1Year -39.30%

3Years -31.76%

5Years -9.55%

7Years -1.91%

10Years 6.70%

Balance Sheet Decomposition Brookline Bancorp, Inc.

11.4 B ASSETS
10.2 B LIABILITIES

Current Assets	24.7 M
Cash & Short-Term Investments	133 M
Receivables	0
Other Current Assets	-108 M
Non-Current Assets	11.4 B
Long-Term Investments	916 M
PP&E	121 M
Other Non-Current Assets	10.3 B

Current Liabilities	0
Accounts Payable	0
Short-Term Debt	0
Other Current Liabilities	0
Non-Current Liabilities	10.2 B
Long-Term Debt	1.41 B
Other Non-Current Liabilities	8.77 B

EFFICIENCY

Earnings Waterfall Brookline Bancorp, Inc.

Revenue	333 M
Cost Of Revenue	0
Gross Profit	333 M
Operating Expenses	371 M
Operating Income	101 M
Other Expenses	26.3 M
Net Income	75 M

RATIOS

100.00% GROSS MARGIN

Averages

1Year 100.00%

3Years 100.00%

5Years 100.00%

7Years 100.00%

10Years 100.00%

30.39% OPERATING MARGIN

Averages

1Year 30.39%

3Years 46.23%

5Years 40.29%

7Years 45.87%

10Years 48.29%

22.49% NET MARGIN

Averages

1Year 22.49%

3Years 31.08%

5Years 28.19%

7Years 27.31%

10Years 25.85%

6.26% ROE

Averages

1Year 6.26%

3Years 9.64%

5Years 8.65%

7Years 8.39%

10Years 8.04%

0.66% ROA

Averages

1Year 0.66%

3Years 1.06%

5Years 0.97%

7Years 0.96%

10Years 0.91%

3.14% ROIC

Averages

1Year 3.14%

3Years 5.90%

5Years 5.01%

7Years 5.24%

10Years 4.98%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis Brookline Bancorp, Inc.

Net Income	75 M
Depreciation & Amortization	16 M
Capital Expenditures	-12.4 M
Stock-Based Compensation	3.72 M
Change in Working Capital	-13.5 M
Others	5.71 M
Free Cash Flow	104 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets Brookline Bancorp, Inc.

BRKL has no price targets from Wall Street.

4. DIVIDEND ANALYSIS

1.34% DIVIDEND YIELD

0.135 USD DIVIDEND PER SHARE

5. COMPETITION

Heritage Commerce Corp operates as the bank holding company for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California.

19.1 USD

HTBK

Undervalued 79.34%

Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking products and services primarily to retail, commercial, and small business customers.

8.05 USD

EBC

Overvalued 56.37%

HarborOne Bancorp, Inc. operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and mid-size businesses, and municipalities.

1.92 USD

HONE

Overvalued 85.32%

Kearny Financial Corp. operates as the holding company for Kearny Bank that provides various banking products and services in the United States.

21.9 USD

KRNY

Undervalued 166.15%

Equity Bancshares, Inc. operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers.

29.3 USD

EQBK

Overvalued 37.88%

Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States.

28 USD

HFWA

Undervalued 7.00%

FVCBankcorp, Inc. operates as the holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, checking and savings accounts, money market accounts, and certificates of deposit.

-0.378 USD

FVCB

Overvalued 102.75%

Bankwell Financial Group, Inc. operates as the bank holding company for Bankwell Bank that provides various banking services for individual and commercial customers.

43.4 USD

BWFG

Undervalued 34.45%

Sierra Bancorp operates as the bank holding company for Bank of the Sierra that provides retail and commercial banking services to individuals and businesses in California.

28.7 USD

BSRR

Overvalued 8.47%

Affinity Bancshares, Inc. operates as the holding company for Affinity Bank that provides various banking products and services. The company accepts various deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts.

21.1 USD

AFBI

Overvalued 1.63%

Financial Institutions, Inc. operates as a holding company for the Five Star Bank, a chartered bank that provides banking and financial services to individuals, municipalities, and businesses in New York.

13.3 USD

FISI

Overvalued 50.60%

Finward Bancorp operates as the holding company for Peoples Bank that provides various banking products and services. The company's deposit products include non-interest and interest bearing demand accounts, savings accounts, money market deposit accounts, certificate accounts, and retirement savings plans.

28.1 USD

FNWD

Overvalued 10.63%

Community West Bancshares operates as the bank holding company for Community West Bank, N.A. that provides various financial products and services in California.

26.3 USD

CWBC

Undervalued 28.52%

ACNB Corporation, a financial holding company, provides banking, insurance, and financial services to individual, business, and government customers in the United States.

80.7 USD

ACNB

Undervalued 70.18%

The First Bancshares, Inc. operates as the bank holding company for The First, A National Banking Association that provides general commercial and retail banking services.

72.1 USD

FBMS

Undervalued 98.21%

HomeTrust Bancshares, Inc. operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products and services.

-29.9 USD

HTBI

Overvalued 180.03%

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses.

30.1 USD

IBCP

Overvalued 20.17%

Home Bancorp, Inc. operates as the bank holding company for Home Bank, National Association that provides various banking products and services in Louisiana and Mississippi.

81.1 USD

HBCP

Undervalued 64.20%

First Financial Bancorp. operates as the bank holding company for First Financial Bank that provides commercial banking and related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois.

35.7 USD

FFBC

Undervalued 22.71%

6. Ownership

Insider Ownership Brookline Bancorp, Inc.

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

315 K USD 1

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

37.8 K USD 2

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
6 months ago May 08, 2024	Bought 20.9 K USD	Hollister Thomas J Director	+ 2400	8.72 USD
6 months ago Apr 29, 2024	Bought 16.9 K USD	Hill Willard I JR Director	+ 2000	8.439 USD
8 months ago Mar 12, 2024	Sell 155 K USD	Cosman James M Chief Operations Officer	- 16000	9.66 USD
8 months ago Mar 08, 2024	Sell 160 K USD	Cosman James M Chief Operations Officer	- 16000	10 USD
1 year ago Nov 07, 2023	Sell 32 K USD	HACKETT JOHN A Director	- 3500	9.13 USD
1 year ago Nov 02, 2023	Bought 17.1 K USD	Hill Willard I JR Director	+ 2000	8.55 USD
1 year ago Jun 06, 2023	Bought 43.6 K USD	Goldrick Michael P CEO PCSB Bank	+ 5000	8.71 USD
1 year ago May 19, 2023	Bought 42.2 K USD	Fess Darryl J. CEO, Brookline Bank	+ 5000	8.43 USD
1 year ago May 05, 2023	Bought 16.2 K USD	Carlson Carl M Co-President & CFO	+ 2000	8.09 USD
1 year ago May 04, 2023	Bought 15.3 K USD	Carlson Carl M Co-President & CFO	+ 2000	7.65 USD
1 year ago May 03, 2023	Bought 16.4 K USD	Carlson Carl M Co-President & CFO	+ 2000	8.22 USD
1 year ago May 03, 2023	Bought 8.24 K USD	HACKETT JOHN A Director	+ 1000	8.237 USD
1 year ago Mar 13, 2023	Bought 82.7 K USD	NOWAK BOGDAN Director	+ 7799	10.61 USD
1 year ago Mar 13, 2023	Bought 8.46 K USD	NOWAK BOGDAN Director	+ 800	10.58 USD
1 year ago Mar 13, 2023	Bought 151 K USD	NOWAK BOGDAN Director	+ 14000	10.77 USD
1 year ago Mar 13, 2023	Bought 5.3 K USD	NOWAK BOGDAN Director	+ 493	10.75 USD
1 year ago Mar 13, 2023	Bought 2.16 K USD	NOWAK BOGDAN Director	+ 201	10.76 USD
1 year ago Mar 13, 2023	Bought 6.36 K USD	NOWAK BOGDAN Director	+ 600	10.6 USD
1 year ago Mar 13, 2023	Bought 2.19 K USD	NOWAK BOGDAN Director	+ 207	10.57 USD
1 year ago Mar 13, 2023	Bought 3.11 K USD	NOWAK BOGDAN Director	+ 294	10.59 USD
1 year ago Mar 13, 2023	Bought 3.17 K USD	NOWAK BOGDAN Director	+ 300	10.58 USD
1 year ago Mar 13, 2023	Bought 1.07 K USD	NOWAK BOGDAN Director	+ 100	10.73 USD
1 year ago Mar 13, 2023	Bought 1.07 K USD	NOWAK BOGDAN Director	+ 100	10.72 USD
1 year ago Mar 13, 2023	Bought 64.6 USD	NOWAK BOGDAN Director	+ 6	10.76 USD
1 year ago Mar 13, 2023	Bought 1.07 K USD	NOWAK BOGDAN Director	+ 100	10.74 USD
1 year ago Mar 09, 2023	Bought 20 K USD	NOWAK BOGDAN Director	+ 1724	11.58 USD
1 year ago Mar 09, 2023	Bought 26.5 K USD	NOWAK BOGDAN Director	+ 2282	11.6 USD
1 year ago Mar 09, 2023	Bought 16.2 K USD	NOWAK BOGDAN Director	+ 1400	11.59 USD
1 year ago Mar 09, 2023	Bought 67.9 K USD	NOWAK BOGDAN Director	+ 5848	11.61 USD
1 year ago Mar 09, 2023	Bought 4.64 K USD	NOWAK BOGDAN Director	+ 400	11.59 USD
1 year ago Mar 09, 2023	Bought 22 K USD	NOWAK BOGDAN Director	+ 1900	11.57 USD
1 year ago Mar 09, 2023	Bought 18.9 K USD	NOWAK BOGDAN Director	+ 1630	11.59 USD
1 year ago Mar 09, 2023	Bought 31.9 K USD	NOWAK BOGDAN Director	+ 2752	11.6 USD
1 year ago Mar 09, 2023	Bought 39.6 K USD	NOWAK BOGDAN Director	+ 3416	11.59 USD
1 year ago Mar 09, 2023	Bought 14 K USD	NOWAK BOGDAN Director	+ 1206	11.57 USD
1 year ago Mar 09, 2023	Bought 23.2 K USD	NOWAK BOGDAN Director	+ 2002	11.58 USD
1 year ago Mar 09, 2023	Bought 3.48 K USD	NOWAK BOGDAN Director	+ 300	11.59 USD
1 year ago Mar 09, 2023	Bought 1.62 K USD	NOWAK BOGDAN Director	+ 140	11.6 USD
1 year ago Mar 08, 2023	Bought 11.8 K USD	NOWAK BOGDAN Director	+ 970	12.13 USD
1 year ago Mar 08, 2023	Bought 7.28 K USD	NOWAK BOGDAN Director	+ 600	12.13 USD
1 year ago Mar 08, 2023	Bought 48.9 K USD	NOWAK BOGDAN Director	+ 4030	12.14 USD
1 year ago Mar 08, 2023	Bought 53.4 K USD	NOWAK BOGDAN Director	+ 4400	12.14 USD
1 year ago Feb 24, 2023	Sell 223 K USD	Goldrick Michael P CEO PCSB Bank	- 17023	13.09 USD
1 year ago Feb 02, 2023	Bought 13.6 K USD	Fitzgerald Margaret Boles Director	+ 1000	13.57 USD
1 year ago Jan 31, 2023	Bought 6.46 K USD	Carlson Carl M Co-President & CFO	+ 500	12.92 USD
1 year ago Feb 01, 2023	Sell 196 K USD	CHAPIN DAVID C Director	- 15000	13.08 USD
1 year ago Jan 31, 2023	Bought 12.9 K USD	Fitzgerald Margaret Boles Director	+ 1000	12.92 USD
1 year ago Jan 30, 2023	Bought 63 K USD	NOWAK BOGDAN Director	+ 5000	12.6 USD
1 year ago Jan 30, 2023	Bought 50.2 K USD	Doyle John J Jr Director	+ 4000	12.55 USD
2 years ago Sep 02, 2022	Bought 30.3 K USD	NOWAK BOGDAN director:	+ 2392	12.66 USD
2 years ago Sep 02, 2022	Bought 28 K USD	NOWAK BOGDAN Director	+ 2208	12.67 USD
2 years ago Sep 02, 2022	Bought 5.06 K USD	NOWAK BOGDAN Director	+ 400	12.66 USD
2 years ago Sep 02, 2022	Bought 56.3 K USD	NOWAK BOGDAN Director	+ 4416	12.74 USD
2 years ago Sep 02, 2022	Bought 6.2 K USD	NOWAK BOGDAN Director	+ 484	12.8 USD
2 years ago Sep 02, 2022	Bought 1.27 K USD	NOWAK BOGDAN Director	+ 100	12.73 USD
2 years ago Aug 19, 2022	Bought 10.3 K USD	NOWAK BOGDAN director:	+ 737.557	13.965 USD
2 years ago Feb 02, 2022	Sell 169 K USD	CHAPIN DAVID C Director	- 10000	16.94 USD
2 years ago Dec 07, 2021	Sell 12.6 K USD	PECK CHARLES H Director	- 822.4175	15.38 USD
2 years ago Nov 23, 2021	Sell 50.2 K USD	HACKETT JOHN A Director	- 3000	16.75 USD
3 years ago Nov 10, 2021	Sell 50.2 K USD	McCurdy Michael W. Co-President & COO	- 3000	16.73 USD
3 years ago Jun 01, 2021	Sell 85.2 K USD	SLOTNIK JOSEPH J Director	- 5000	17.05 USD
3 years ago Mar 08, 2021	Sell 744 K USD	PECK CHARLES H Director	- 48000	15.5 USD
3 years ago Mar 01, 2021	Sell 57.6 K USD	PECK CHARLES H Director	- 4000	14.41 USD
3 years ago Feb 22, 2021	Sell 616 K USD	PECK CHARLES H Director	- 44000	14 USD
3 years ago Feb 10, 2021	Sell 101 K USD	Fess Darryl J. CEO, Brookline Bank	- 7500	13.44 USD
3 years ago Dec 14, 2020	Sell 29.8 K USD	HACKETT JOHN A Director	- 2500	11.9 USD
3 years ago Dec 14, 2020	Sell 34.1 K USD	Cosman James M Chief Operations Officer	- 2867	11.89 USD
4 years ago May 13, 2020	Bought 42.4 K USD	WILDE PETER O Director	+ 5000	8.47 USD
4 years ago May 07, 2020	Bought 9.27 K USD	Fitzgerald Margaret Boles Director	+ 1000	9.27 USD
4 years ago May 06, 2020	Bought 62.9 K USD	Hollister Thomas J Director	+ 7000	8.98 USD
4 years ago May 04, 2020	Bought 27.3 K USD	Carlson Carl M Chief Financial Officer	+ 3000	9.11 USD
4 years ago Mar 12, 2020	Bought 22 K USD	Doyle John J Jr Director	+ 2000	11 USD
4 years ago Mar 02, 2020	Sell 56 K USD	PECK CHARLES H Director	- 4000	14 USD
4 years ago Feb 03, 2020	Sell 61.2 K USD	PECK CHARLES H Director	- 4000	15.31 USD
4 years ago Feb 03, 2020	Sell 93 K USD	PECK CHARLES H Director	- 6000	15.5 USD
4 years ago Jan 02, 2020	Sell 164 K USD	PECK CHARLES H Director	- 10000	16.35 USD
4 years ago Dec 02, 2019	Sell 161 K USD	PECK CHARLES H Director	- 10000	16.06 USD
5 years ago Nov 01, 2019	Sell 156 K USD	PECK CHARLES H Director	- 10000	15.65 USD
5 years ago Oct 29, 2019	Sell 87.6 K USD	McCarthy James J. President of Subsidiary Bank	- 5532	15.84 USD
5 years ago Sep 13, 2019	Sell 297 K USD	McCarthy James J. President of Subsidiary Bank	- 20155	14.73 USD
5 years ago Sep 13, 2019	Sell 29.8 K USD	HACKETT JOHN A Director	- 2000	14.92 USD
5 years ago Aug 30, 2019	Sell 66 K USD	McCurdy Michael W. General Counsel & CRO	- 4704	14.03 USD
5 years ago Jun 12, 2019	Sell 38.3 K USD	McCurdy Michael W. General Counsel & CRO	- 2574	14.89 USD
5 years ago Jun 11, 2019	Sell 351 K USD	Meiklejohn Mark J. President of Subsidiary Bank	- 23335	15.04 USD
5 years ago Apr 29, 2019	Sell 2.58 K USD	HACKETT JOHN A Director	- 170	15.19 USD
5 years ago Apr 29, 2019	Sell 6.08 K USD	HACKETT JOHN A Director	- 400	15.19 USD
5 years ago Apr 29, 2019	Sell 7.6 K USD	HACKETT JOHN A Director	- 500	15.19 USD
5 years ago Feb 15, 2019	Sell 193 K USD	PECK CHARLES H Director	- 12000	16.09 USD
5 years ago Nov 28, 2018	Bought 1.51 K USD	Chang Joanne B. Director	+ 100	15.1 USD
6 years ago Oct 30, 2018	Bought 15.6 K USD	Doyle John J Jr Director	+ 1000	15.6 USD
6 years ago Sep 11, 2018	Sell 53.7 K USD	McCurdy Michael W. General Counsel & CRO	- 3000	17.9 USD
6 years ago Aug 28, 2018	Sell 90.1 K USD	CHAPIN DAVID C Director	- 5000	18.01 USD
6 years ago Aug 16, 2018	Sell 49.5 K USD	Cosman James M Chief Operations Officer	- 2750	18.01 USD
6 years ago Aug 02, 2018	Sell 82.6 K USD	ROSE M ROBERT Chief Credit Officer	- 4500	18.35 USD
6 years ago May 18, 2018	Sell 90.5 K USD	McCurdy Michael W. General Counsel & CRO	- 5188	17.45 USD
6 years ago Feb 27, 2018	Sell 164 K USD	PECK CHARLES H Director	- 10000	16.43 USD
6 years ago Feb 27, 2018	Sell 330 K USD	Fess Darryl J. President of Subsidiary Bank	- 20000	16.49 USD
6 years ago Feb 07, 2018	Sell 81.2 K USD	HACKETT JOHN A Director	- 5000	16.25 USD
6 years ago Feb 05, 2018	Sell 210 K USD	Cosman James M Chief Operations Officer	- 12500	16.76 USD

7. News

Brookline Bancorp (BRKL) is a Great Momentum Stock: Should You Buy? Does Brookline Bancorp (BRKL) have what it takes to be a top stock pick for momentum investors? Let's find out. zacks.com - 1 week ago

Earnings Estimates Rising for Brookline (BRKL): Will It Gain? Brookline (BRKL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. zacks.com - 2 weeks ago

Brookline (BRKL) Upgraded to Strong Buy: Here's Why Brookline (BRKL) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. zacks.com - 2 weeks ago

Brookline Bancorp, Inc. (BRKL) Q3 2024 Earnings Call Transcript Brookline Bancorp, Inc. (NASDAQ:BRKL ) Q3 2024 Earnings Conference Call October 24, 2024 1:30 PM ET Company Participants Laura Vaughn - Attorney Paul Perrault - Chairman and Chief Executive Officer Carl Carlson - Co-President and Chief Financial Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler Laurie Hunsicker - Seaport Christopher O'Connell - KBW Steve Moss - Raymond James Operator Good afternoon, and welcome to Brookline Bancorp, Inc's. Third Quarter 2024 Earnings Conference Call. seekingalpha.com - 3 weeks ago

Compared to Estimates, Brookline (BRKL) Q3 Earnings: A Look at Key Metrics While the top- and bottom-line numbers for Brookline (BRKL) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 3 weeks ago

Brookline Bancorp (BRKL) Tops Q3 Earnings and Revenue Estimates Brookline Bancorp (BRKL) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.26 per share a year ago. zacks.com - 3 weeks ago

Brookline Bancorp Announces Third Quarter Results Net Income of $20.1 million , EPS of $0.23 Quarterly Dividend of $0.135 BOSTON, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) (the “Company”) today announced net income and operating earnings after tax (non-GAAP) of $20.1 million, or $0.23 per basic and diluted share, for the third quarter of 2024, compared to net income of $16.4 million, or $0.18 per basic and diluted share, and operating earnings after tax (non-GAAP) of $17.0 million, or $0.19 per basic and diluted share, for the second quarter of 2024, and net income and operating earnings after tax (non-GAAP) of $22.7 million, or $0.26 per basic and diluted share, for the third quarter of 2023. “Our Company experienced improved performance in the third quarter,” commented Paul Perrault, Chairman and CEO, who continued, “As we move into the final months of 2024, we are confident our experienced bankers' ability to continue to deliver exceptional service to our customers will be better reflected in our profitability as interest rates normalize. globenewswire.com - 3 weeks ago

Earnings Preview: Brookline Bancorp (BRKL) Q3 Earnings Expected to Decline Brookline (BRKL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 1 month ago

Brookline Bancorp, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call BOSTON, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) announced today that it will report third quarter 2024 earnings at the close of business on Wednesday, October 23, 2024. Management will host a conference call to review this information at 1:30 PM Eastern Time on Thursday, October 24, 2024. Interested parties may listen to the call and view a copy of the Company's Earnings Presentation by joining the call via https://events.q4inc.com/attendee/314623001. To listen to the call without access to the slides, interested parties may dial 833-470-1428 (United States) or 404-975-4839 (internationally) and ask for the Brookline Bancorp conference call (Access Code 414186). A recorded playback of the call will be available for one week following the call at 866-813-9403 (United States) or 1-929-458-6194 (internationally). The passcode for this playback is 898921. The call will be available live or in a recorded version on the Company's website at www.brooklinebancorp.com. globenewswire.com - 1 month ago

Brookline (BRKL) Upgraded to Buy: Here's What You Should Know Brookline (BRKL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). zacks.com - 1 month ago

Brookline Bancorp: +5% Dividend Yield And Earnings Likely To Recover By Next Year I've reduced my earnings estimate to $0.74 per share for 2024 following the second quarter performance, which missed my expectations. Subdued loan growth will likely counter the margin pressure and drive an earnings recovery next year. The December 2024 target price suggests a price upside of around 15%. seekingalpha.com - 2 months ago

Brookline Bancorp, Inc. (BRKL) Q2 2024 Earnings Call Transcript Brookline Bancorp, Inc. (NASDAQ:BRKL ) Q2 2024 Earnings Conference Call July 25, 2024 1:30 PM ET Company Participants Laura Vaughn - Attorney Paul Perrault - Chairman & Chief Executive Officer Carl Carlson - Co-President & Chief Financial Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler Laurie Hunsicker - Seaport Research Chris O'Connell - KBW Operator Good afternoon, and welcome to Brookline Bancorp Inc's Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. seekingalpha.com - 3 months ago

8. Profile Summary

Brookline Bancorp, Inc. BRKL

COUNTRY US

INDUSTRY Banks - Regional

MARKET CAP $ 1.11 B

Dividend Yield 1.34%

Description Brookline Bancorp, Inc. operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include demand checking, NOW, money market, and savings accounts. The company's loan portfolio primarily comprises first mortgage loans secured by commercial, multi-family, and residential real estate properties; loans to business entities comprising commercial lines of credit; loans to condominium associations; loans and leases used to finance equipment for small businesses; financing for construction and development projects; and home equity and other consumer loans. It also provides term loans, letters of credit, foreign exchange, cash management, investment advisory, and online and mobile banking services, as well as invests in debt and equity securities. As of December 31, 2021, the company operated 50 full-service banking offices in greater Boston, Massachusetts, and greater Providence, Rhode Island. Brookline Bancorp, Inc. was founded in 1871 and is headquartered in Boston, Massachusetts.

Contact 131 Clarendon Street, Boston, MA, 02116 https://www.brooklinebancorp.com

IPO Date March 25, 1998

Employees 974

Officers Kelly Bressette Executive Vice President & Director of Operations Mr. Mark J. Meiklejohn Chief Credit Officer Mr. Darryl J. Fess President, Chief Executive Officer & Director of Brookline Bank Ms. Mona Y. Macero Executive Vice President & Chief Digital Officer Mr. Paul A. Perrault Chairman & Chief Executive Officer Mr. Michael P. Goldrick President & Chief Executive Officer of PCSB Bank Mr. Michael W. McCurdy Esq. Co-President & Chief Operating Officer Mr. Carl M. Carlson Co-President & Chief Financial Officer Ms. Marissa S. Martin General Counsel & Corporate Secretary Ms. Janytra M. Brooks Chief Human Resources Officer

Price Chart BRKL

Brookline Bancorp, Inc. BRKL

Premium Plan

Unlimited Plan