Brookline Bancorp, Inc. (BRKL)

Brookline Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	587.93	533.74	328.77	297.93	309.8
Interest Income on Investments	40.59	43.55	16.42	13.6	17.02
Total Interest Income	628.52	577.29	345.19	311.53	326.82
Interest Paid on Deposits	232.96	175.67	29.59	20.71	48.43
Interest Paid on Borrowings	65.97	61.91	15.82	8.44	18.23
Total Interest Expense	298.94	237.58	45.42	29.16	66.65
Net Interest Income	329.59	339.71	299.77	282.37	260.16
Net Interest Income Growth (YoY)	-2.98%	13.32%	6.16%	8.54%	2.71%
Gain (Loss) on Sale of Investments	-	1.7	0.32	-0.04	1.97
Other Non-Interest Income	14.12	16.04	12.97	12.71	12.51
Total Non-Interest Income	25.62	31.93	28.35	26.99	24.64
Non-Interest Income Growth (YoY)	-19.79%	12.65%	5.03%	9.52%	-17.28%
Revenues Before Loan Losses	355.2	371.65	328.12	309.36	284.81
Provision for Loan Losses	21.64	38.21	8.63	-7.84	61.89
Revenue	333.56	333.44	319.49	317.2	222.92
Revenue Growth (YoY)	0.04%	4.37%	0.72%	42.29%	-18.50%
Salaries and Employee Benefits	143.72	135.17	110.07	104.03	98.32
Occupancy Expenses	-	11.68	9.7	8.8	9
Federal Deposit Insurance	8.04	7.84	3.18	2.98	4.23
Amortization of Goodwill & Intangibles	6.75	7.84	0.49	0.88	1.27
Selling, General & Administrative	61.8	51.2	40.6	36.1	35.68
Other Non-Interest Expense	17.35	18.38	13.26	9.82	12.35
Total Non-Interest Expense	237.66	232.11	177.29	162.61	160.84
EBT Excluding Unusual Items	95.89	101.33	142.2	154.59	62.08
Pretax Income	91.69	93.91	139.95	154.59	62.08
Income Tax Expense	22.98	18.92	30.21	39.15	14.44
Earnings From Continuing Operations	68.72	75	109.74	115.44	47.64
Net Income	68.72	75	109.74	115.44	47.64
Net Income to Common	68.72	75	109.74	115.44	47.64
Net Income Growth	-8.38%	-31.66%	-4.93%	142.34%	-45.69%
Basic Shares Outstanding	89	88	77	78	79
Diluted Shares Outstanding	89	88	77	78	79
Shares Change (YoY)	0.96%	14.35%	-1.14%	-1.09%	-0.94%
EPS (Basic)	0.77	0.85	1.42	1.48	0.60
EPS (Diluted)	0.77	0.85	1.42	1.48	0.60
EPS Growth	-9.41%	-40.14%	-4.05%	146.67%	-45.45%
Dividend Per Share	0.540	0.540	0.530	0.490	0.460
Dividend Growth	0%	1.89%	8.16%	6.52%	2.22%
Effective Tax Rate	25.06%	20.14%	21.58%	25.33%	23.26%

Source: S&P Capital IQ. Banks template. Financial Sources.