Financial Services -
Banks - Regional - NASDAQ - US
$ 10.62
-1.44 %
$ 955 M
Market Cap
12.93
P/E
1. INTRINSIC VALUE
Balance Sheet
Brookline Bancorp, Inc.
| Current Assets | 544 M |
| Cash & Short-Term Investments | 544 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 490 M |
| Long-Term Investments | 1.31 B |
| PP&E | 130 M |
| Other Non-Current Assets | -951 M |
| Current Liabilities | 7.57 B |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 7.57 B |
| Non-Current Liabilities | 0 |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Brookline Bancorp, Inc.
| Revenue | 629 M |
| Cost Of Revenue | 0 |
| Gross Profit | 629 M |
| Operating Expenses | 5.24 M |
| Operating Income | 623 M |
| Other Expenses | 555 M |
| Net Income | 68.7 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Brookline Bancorp, Inc.
| Net Income | 68.7 M |
| Depreciation & Amortization | 14.6 M |
| Capital Expenditures | -4.98 M |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 0 |
| Others | 29.1 M |
| Free Cash Flow | 100 M |
Wall Street Analysts Price Targets
Brookline Bancorp, Inc.
BRKL has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
1.24%
DIVIDEND YIELD
0.135 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Brookline Bancorp, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Brookline Bancorp: Dividends Are Interesting, But The Share Price Has Stagnated For Decades
Brookline Bancorp's high dividend yield (5.17%) is overshadowed by stagnant share prices and a high loan-to-deposit ratio (108%), limiting growth prospects. The bank's heavy exposure to CRE loans (57% of portfolio) poses significant risk, especially in a volatile macroeconomic environment. Despite stable dividends since 1998, the potential for capital gains is minimal due to the bank's financial constraints and high loan-to-deposit ratio.
seekingalpha.com
- 2 weeks ago
Brookline Bancorp, Inc. (BRKL) Q1 2025 Earnings Call Transcript
Brookline Bancorp, Inc. (NASDAQ:BRKL ) Q1 2025 Earnings Conference Call April 24, 2025 1:30 AM ET Company Participants Dario Hernandez - Attorney Paul Perrault - Chairman & Chief Executive Officer Carl Carlson - Co-President & Chief Financial Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler Steve Moss - Raymond James Laurie Hunsicker - Seaport Christopher O'Connell - KBW Operator Good afternoon and welcome to Brookline Bancorp, Inc.'s First Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode.
seekingalpha.com
- 3 weeks ago
Brookline (BRKL) Reports Q1 Earnings: What Key Metrics Have to Say
The headline numbers for Brookline (BRKL) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 3 weeks ago
Brookline Bancorp (BRKL) Misses Q1 Earnings and Revenue Estimates
Brookline Bancorp (BRKL) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.16 per share a year ago.
zacks.com
- 3 weeks ago
Brookline Bancorp, Inc. Announces First Quarter 2025 Earnings Release Date and Conference Call
BOSTON, April 07, 2025 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) announced today that it will report first quarter 2025 earnings at the close of business on Wednesday, April 23, 2025. Management will host a conference call to review this information at 1:30 PM Eastern Time on Thursday, April 24, 2025. 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/955891780. 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 941481). 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 324302. 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
All You Need to Know About Brookline (BRKL) Rating Upgrade to Strong Buy
Brookline (BRKL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
zacks.com
- 3 months ago
Brookline Bancorp, Inc. (BRKL) Q4 2024 Earnings Call Transcript
Brookline Bancorp, Inc. (NASDAQ:BRKL ) Q4 2024 Earnings Conference Call January 30, 2025 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 Steve Moss - Raymond James Laurie Hunsicker - Seaport Christopher O'Connell - KBW Operator Good afternoon and welcome to Brookline Bancorp, Inc.'s Fourth Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.
seekingalpha.com
- 3 months ago
Brookline (BRKL) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Brookline (BRKL) give a sense of how the business performed in the quarter ended December 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 months ago
Brookline Bancorp (BRKL) Q4 Earnings and Revenues Lag Estimates
Brookline Bancorp (BRKL) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.26 per share a year ago.
zacks.com
- 3 months ago
Brookline Bancorp Announces Fourth Quarter Results
Net Income of $17.5 million , EPS of $0.20 Operating Earnings of $20.7 million , Operating EPS of $0.23 Quarterly Dividend of $0.135 BOSTON, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) (the “Company”) today announced net income of $17.5 million, or $0.20 per basic and diluted share, and excluding $3.4 million of merger-related charges, operating earnings after tax (non-GAAP) of $20.7 million, or $0.23 per basic and diluted share for the fourth quarter of 2024, compared to 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, and $22.9 million, or $0.26 per basic and diluted share, for the fourth quarter of 2023. For the year ended December 31, 2024, the Company reported net income of $68.7 million, or $0.77 per basic and diluted share, compared to $75.0 million, or $0.85 per basic and diluted share, for the year ended December 31, 2023.
globenewswire.com
- 3 months ago
Brookline Bancorp, Inc. Announces Fourth Quarter 2024 Earnings Release Date and Conference Call
BOSTON, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) announced today that it will report fourth quarter 2024 earnings at the close of business on Wednesday, January 29, 2025. Management will host a conference call to review this information at 1:30 PM Eastern Time on Thursday, January 30, 2025. 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/129324302. 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 138268). 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 646121. The call will be available live or in a recorded version on the Company's website at www.brooklinebancorp.com.
globenewswire.com
- 4 months ago
KBRA Comments on Merger Agreement Between Berkshire Hills Bancorp, Inc. and Brookline Bancorp, Inc.
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--On December 16, 2024, Berkshire Hills Bancorp, Inc. (NYSE: BHLB)(KBRA senior unsecured debt rating: BBB / Stable Outlook), the parent company of Berkshire Bank, and Brookline Bancorp, Inc. (NASDAQ: BRKL)(KBRA senior unsecured debt rating: BBB / Stable Outlook), the parent company of Brookline Bank, Bank Rhode Island, and PCSB Bank, announced a definitive agreement pursuant to which BRKL will merge with and into BHLB in an all-stock transaction valued at approximately.
businesswire.com
- 5 months ago
8. Profile
Summary
Brookline Bancorp, Inc. BRKL
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 955 M
Dividend Yield
1.24%
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
951
Officers
Mr. Carl M. Carlson
Co-President, Chief Financial and Strategy Officer
Ms. Mona Y. Macero
Executive Vice President & Chief Digital Officer
Kelly Bressette
Executive Vice President & Director of Operations
Mr. Michael P. Goldrick
President & Chief Executive Officer of PCSB Bank
Mr. Paul A. Perrault
Chairman & Chief Executive Officer
Ms. Marissa S. Martin
General Counsel & Corporate Secretary
Ms. Janytra M. Brooks
Chief Human Resources Officer
Mr. Darryl J. Fess
President, Chief Executive Officer & Director of Brookline Bank
Mr. Michael W. McCurdy Esq.
Co-President & Chief Operating Officer
Mr. Mark J. Meiklejohn
Chief Credit Officer