Brookline Bancorp, Inc. (BRKL)

NASDAQ: BRKL · Real-Time Price · USD
11.94
+0.41 (3.56%)
Dec 20, 2024, 4:00 PM EST - Market closed
3.56%
Market Cap 1.06B
Revenue (ttm) 333.83M
Net Income (ttm) 74.07M
Shares Out 89.10M
EPS (ttm) 0.83
PE Ratio 14.39
Forward PE 11.00
Dividend $0.54 (4.52%)
Ex-Dividend Date Nov 15, 2024
Volume 1,139,509
Open 11.78
Previous Close 11.53
Day's Range 11.62 - 12.09
52-Week Range 8.01 - 13.15
Beta 0.77
Analysts Strong Buy
Price Target 14.17 (+18.68%)
Earnings Date Jan 22, 2025

About BRKL

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; lo... [Read more]

Sector Financials
IPO Date Mar 25, 1998
Employees 1,018
Stock Exchange NASDAQ
Ticker Symbol BRKL
Full Company Profile

Financial Performance

In 2023, Brookline Bancorp's revenue was $333.44 million, an increase of 4.37% compared to the previous year's $319.49 million. Earnings were $75.00 million, a decrease of -31.66%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for BRKL stock is "Strong Buy." The 12-month stock price forecast is $14.17, which is an increase of 18.68% from the latest price.

Price Target
$14.17
(18.68% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 Berksh...

Other symbols: BHLB
3 days ago - Business Wire

Berkshire Hills Bancorp, Inc. and Brookline Bancorp, Inc. announce a Merger of Equals to create a Premier Northeast Banking Franchise

Combination increases scale with $24 billion in assets, 148 branch offices and a longstanding history of serving clients and communities Highly compatible cultures, deep community ties and operating p...

Other symbols: BHLB
5 days ago - PRNewsWire

Boston-based banks Berkshire Hills and Brookline in talks to combine, WSJ reports

Boston-based regional banks Berkshire Hills Bancorp and Brookline Bancorp are in merger talks, the Wall Street Journal reported on Saturday, citing people familiar with the matter.

Other symbols: BHLB
6 days ago - Reuters

Brookline Bancorp: Raising The Earnings Estimate And Maintaining A Buy Rating

The operating environment in Massachusetts, Rhode Island, and New York continues to be satisfactory. This will sustain loan growth at a somewhat low level. The margin will continue to expand as the yi...

4 weeks ago - Seeking Alpha

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 Ca...

2 months ago - Seeking Alpha

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 ...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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 dr...

3 months ago - Seeking Alpha

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 Ca...

5 months ago - Seeking Alpha

Brookline Bancorp Announces Second Quarter Results

Net Income of $16.4 million , EPS of $0.18 Operating Earnings of $17.0 million , Operating EPS of $0.19 Quarterly Dividend of $0.135 BOSTON, July 24, 2024 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (...

5 months ago - GlobeNewsWire

Brookline Bancorp, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call

BOSTON, July 03, 2024 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) announced today that it will report second quarter 2024 earnings at the close of business on Wednesday, July 24, 2024. ...

6 months ago - GlobeNewsWire

Brookline Bancorp: Dividend Yield Of Over 6% And Somewhat Positive Earnings Outlook

I'm revising downward my earnings estimate for 2024 after both loan growth and the margin missed my expectations for the first quarter of the year. Interest rate cuts will have a mixed impact on the n...

7 months ago - Seeking Alpha

Brookline Bancorp, Inc. (BRKL) Q1 2024 Earnings Call Transcript

Brookline Bancorp, Inc. (NASDAQ:BRKL) Q1 2024 Earnings Conference Call April 25, 2024 1:30 PM ET Company Participants Laura Vaughn - Attorney Paul A. Perrault - Chairman & Chief Executive Officer Car...

8 months ago - Seeking Alpha

Brookline Bancorp Announces First Quarter Results

Net Income of $14.7 million , EPS of $0.16 Quarterly Dividend of $0.135 BOSTON, April 24, 2024 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) (the “Company”) today announced net income of ...

8 months ago - GlobeNewsWire

Brookline Bancorp, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call

BOSTON, April 04, 2024 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) announced today that it will report first quarter 2024 earnings at the close of business on Wednesday, April 24, 2024....

9 months ago - GlobeNewsWire

Brookline Bancorp, Inc. (BRKL) Q4 2023 Earnings Call Transcript

Brookline Bancorp, Inc. (BRKL) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

Brookline Bancorp, Inc. Announces 2024 Virtual Annual Meeting Information

BOSTON, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (the “Company”) (NASDAQ: BRKL), the bank holding company for Brookline Bank, Bank Rhode Island, and PCSB Bank, today announced that it...

11 months ago - GlobeNewsWire

Brookline Bancorp Announces Fourth Quarter Results

Net Income of $22.9 million , EPS of $0.26 Quarterly Dividend of $0.135 BOSTON, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) (the “Company”) today announced net income of $...

11 months ago - GlobeNewsWire

Brookline Bancorp, Inc. Chief Operations Officer James Cosman to Retire

Mona Macero Will Become Chief Digital Officer of Brookline Bancorp, Inc. Kelly Bressette Will Become Director of Operations BOSTON, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Brookline Bancorp (NASDAQ: BRKL) C...

11 months ago - GlobeNewsWire

Brookline Bancorp, Inc. Announces Fourth Quarter 2023 Earnings Release Date and Conference Call

BOSTON, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) announced today that it will report fourth quarter 2023 earnings at the close of business on Wednesday, January 24, 202...

1 year ago - GlobeNewsWire

Brookline Bancorp Is Offering A 6% Dividend Yield And A Positive Earnings Outlook

The recent improvement of local labor markets bodes well for loan growth. The margin's declining trend may reverse soon because the up-rate cycle seems to have ended. BRKL is offering a dividend yield...

1 year ago - Seeking Alpha

Brookline Bancorp, Inc. (BRKL) Q3 2023 Earnings Call Transcript

Brookline Bancorp, Inc. (BRKL) Q3 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

Brookline Bancorp, Inc. Announces Third Quarter 2023 Earnings Release Date and Conference Call

BOSTON, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) announced today that it will report third quarter 2023 earnings at the close of business on Wednesday, October 25, 2023...

1 year ago - GlobeNewsWire

Brookline Bancorp: The Positives Outweigh The Negatives

Brookline Bancorp has experienced a significant decline in its stock performance, down 28% YTD and 31% over the past year. The stock has shown a lack of significant growth over the past decade, with i...

1 year ago - Seeking Alpha

Brookline Bancorp, Inc. (BRKL) Q2 2023 Earnings Call Transcript

Brookline Bancorp, Inc. (NASDAQ:BRKL) Q2 2023 Earnings Conference Call July 27, 2023 1:30 PM ET Company Participants Laura Vaughn - Attorney Paul Perrault - Chairman & CEO Carl Carlson - Co-President...

1 year ago - Seeking Alpha