Brookline Bancorp, Inc. (BRKL)

Brookline Bancorp Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	570.36	533.74	328.77	297.93	309.8	330.35
Interest Income on Investments	39.83	43.55	16.42	13.6	17.02	17.28
Total Interest Income	610.19	577.29	345.19	311.53	326.82	347.63
Interest Paid on Deposits	219.76	175.67	29.59	20.71	48.43	69.62
Interest Paid on Borrowings	61.22	61.91	15.82	8.44	18.23	24.71
Total Interest Expense	280.98	237.58	45.42	29.16	66.65	94.33
Net Interest Income	329.21	339.71	299.77	282.37	260.16	253.3
Net Interest Income Growth (YoY)	-0.28%	13.32%	6.16%	8.54%	2.71%	2.26%
Gain (Loss) on Sale of Investments	-	1.7	0.32	-0.04	1.97	0.51
Other Non-Interest Income	13.46	16.04	12.97	12.71	12.51	16.95
Total Non-Interest Income	26.22	31.93	28.35	26.99	24.64	29.79
Non-Interest Income Growth (YoY)	-23.55%	12.65%	5.03%	9.52%	-17.28%	18.11%
Revenues Before Loan Losses	355.43	371.65	328.12	309.36	284.81	283.09
Provision for Loan Losses	19.75	38.21	8.63	-7.84	61.89	9.58
Revenue	335.68	333.44	319.49	317.2	222.92	273.51
Revenue Growth (YoY)	3.45%	4.37%	0.72%	42.29%	-18.50%	2.07%
Salaries and Employee Benefits	136.56	135.17	110.07	104.03	98.32	93.41
Federal Deposit Insurance	7.9	7.84	3.18	2.98	4.23	1.45
Amortization of Goodwill & Intangibles	7.3	7.84	0.49	0.88	1.27	1.66
Selling, General & Administrative	53.72	51.2	40.6	36.1	35.68	36.4
Other Non-Interest Expense	19.15	18.38	13.26	9.82	12.35	13.94
Total Non-Interest Expense	236.3	232.11	177.29	162.61	160.84	156.36
EBT Excluding Unusual Items	99.38	101.33	142.2	154.59	62.08	117.15
Pretax Income	98.56	93.91	139.95	154.59	62.08	116.03
Income Tax Expense	21.93	18.92	30.21	39.15	14.44	28.27
Earnings From Continuing Operations	76.63	75	109.74	115.44	47.64	87.76
Minority Interest	-	-	-	-	-	-0.04
Net Income to Common	76.63	75	109.74	115.44	47.64	87.72
Basic Shares Outstanding	89	88	77	78	79	80
Diluted Shares Outstanding	89	88	77	78	79	80
Shares Change (YoY)	8.06%	14.35%	-1.14%	-1.09%	-0.94%	-0.07%
EPS (Basic)	0.86	0.85	1.42	1.48	0.60	1.10
EPS (Diluted)	0.86	0.85	1.42	1.48	0.60	1.10
EPS Growth	-20.64%	-40.14%	-4.05%	146.67%	-45.45%	5.77%
Effective Tax Rate	22.25%	20.14%	21.58%	25.33%	23.26%	24.36%
Dividend Per Share	0.540	0.540	0.530	0.490	0.460	0.450
Dividend Growth	0%	1.89%	8.16%	6.52%	2.22%	13.92%

Source: S&P Capital IQ. Banks template.