Brookline Bancorp

Brookline Bancorp, Inc. is a multi-bank holding company that engages in the provision of financial solutions through its subsidiaries. The firm offers a range of commercial, business, and retail banking services, including cash management products, on-line banking services, consumer and residential loans, and investment services for small to mid-sized businesses and retail customers. It also provides equipment financing services. The company was founded on November 1, 1997 and is headquartered in Boston, MA.

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Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Brookline Bancorp posts strong Q4 earnings amidst growth opportunities

Brookline Bancorp's Q4 performance reflects solid earnings driven by loan portfolio growth and increased revenues.
While facing challenges such as deposit decline and rising expenses, the company remains optimistic about future growth opportunities.
The successful acquisition of PCSB Financial and dividend approval highlight the company's strengths and commitment to shareholder value.
Overall, Brookline Bancorp's strategic focus on loan growth and improving credit performance positions it well for future success.

Brookline Bancorp (BRKL) reports solid Q1 earnings amidst growth challenges

Brookline Bancorp (BRKL) delivered a solid performance in Q1 2023, with growth in key metrics and a focus on maintaining a healthy loan portfolio.
While showcasing strong capitalization and dividend stability, the company faces challenges in expense management and optimizing profitability amidst market dynamics.
Strategic opportunities lie in leveraging capital strength for investments, enhancing fee income, and driving loan growth while addressing cost management concerns.

Brookline Bancorp posts solid Q2 results amidst asset quality focus

Brookline Bancorp delivered a solid performance in Q2 2023, marked by growth in key financial metrics.
While facing challenges such as asset reduction and expense management, the company maintained strong asset quality.
Opportunities exist for the bank to enhance liquidity, control expenses, and further strengthen risk management practices.

Brookline Bancorp reports solid Q3 results amidst growth opportunities

Brookline Bancorp's Q3 performance reflects steady growth in income, loans, and deposits, underpinned by sound asset quality.
While challenges like credit risks and economic uncertainties persist, the bank's proactive measures and focus on growth opportunities position it well.
Maintaining dividends, managing credit risks, and capitalizing on growth prospects will be key focus areas for sustaining performance.

Brookline Bancorp posts $22.9M net income, faces margin challenges

Brookline Bancorp delivered solid financial results with notable strengths in acquisitions, loan growth, and dividend stability.
Challenges include margin pressure, rising expenses, and the need to address credit loss provisions.
Opportunities lie in optimizing costs, revenue generation through loan growth, and enhancing margin performance.

Brookline Bancorp reports stable Q1 earnings amidst market challenges

Brookline Bancorp's Q1 performance reflects steady growth in assets and loan activities, despite challenges in noninterest income and expenses.
Maintaining dividends and projecting loan growth indicate resilience and strategic planning amid market fluctuations.
The company faces challenges from rising interest rates and increased expenses but can capitalize on opportunities for portfolio optimization and revenue diversification.

Brookline Bancorp reports solid Q2 performance amidst strategic shifts

Brookline Bancorp demonstrated robust performance in loan and deposit growth, while managing expenses and credit losses effectively.
The decision to exit the specialty vehicle finance business poses challenges but also opportunities for strategic realignment.
Addressing margin projections and asset quality concerns will be key focus areas for the company going forward.

Brookline Bancorp reports strong Q3 earnings, eyes margin growth

Brookline Bancorp delivered solid financial performance in Q3 2024, with growth in key metrics and a positive outlook for margin expansion and cost management.
While facing challenges such as nonperforming loans and rising operating costs, the company's strategic focus on profitability and shareholder value creation remains intact.
Investors should monitor Brookline Bancorp's progress in margin enhancement, risk mitigation, and capital allocation strategies to assess its long-term growth potential.

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Does Brookline Bancorp (BRKL) have what it takes to be a top stock pick for momentum investors? Let's find out.

Brookline Bancorp (BRKL) is a Great Momentum Stock: Should You Buy?

Brookline (BRKL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Brookline (BRKL): Will It Gain?

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.

Brookline (BRKL) Upgraded to Strong Buy: Here's Why

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.

Brookline Bancorp, Inc. (BRKL) Q3 2024 Earnings Call Transcript

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.

Compared to Estimates, Brookline (BRKL) Q3 Earnings: A Look at Key Metrics

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.

Brookline Bancorp (BRKL) Tops Q3 Earnings and Revenue Estimates

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.

Brookline Bancorp Announces Third Quarter Results

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.

Earnings Preview: Brookline Bancorp (BRKL) Q3 Earnings Expected to Decline

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.

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

Brookline (BRKL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Brookline (BRKL) Upgraded to Buy: Here's What You Should Know

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%.

Brookline Bancorp: +5% Dividend Yield And Earnings Likely To Recover By Next Year

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.

Brookline Bancorp, Inc. (BRKL) Q2 2024 Earnings Call Transcript

The headline numbers for Brookline (BRKL) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Brookline (BRKL) Q2 Earnings: A Look at Key Metrics

Brookline Bancorp (BRKL) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.26 per share a year ago.

Brookline Bancorp (BRKL) Q2 Earnings Surpass Estimates

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. (NASDAQ: BRKL) (the “Company”) today announced 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, compared to net income and operating earnings after tax (non-GAAP) of $14.7 million, or $0.16 per basic and diluted share, for the first quarter of 2024, and net income of $21.9 million, or $0.25 per basic and diluted share, and operating earnings after tax (non-GAAP) of $23.2 million, or $0.26 per basic and diluted share, for the second quarter of 2023. Paul Perrault, Chairman and Chief Executive Officer commented, “I am pleased to report our second quarter earnings.

Brookline Bancorp Announces Second Quarter Results

Brookline (BRKL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Brookline (BRKL): Can Its 7.1% Jump Turn into More Strength?

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. Management will host a conference call to review this information at 1:30 PM Eastern Time on Thursday, July 25, 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/629150850.   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 611840). 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 134147. The call will be available live or in a recorded version on the Company's website at www.brooklinebancorp.com.

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

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 net interest margin. I'm optimistic that loan growth can improve because some of the labor markets where Brookline Bancorp operates are quite strong.

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

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 Carl M.

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

The headline numbers for Brookline (BRKL) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About Brookline (BRKL) Q1 Earnings

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 $14.7 million, or $0.16 per basic and diluted share, for the first quarter of 2024, compared to net income of $22.9 million, or $0.26 per basic and diluted share, for the fourth quarter of 2023, and net income of $7.6 million, or $0.09 per basic and diluted share, for the first quarter of 2023. Paul Perrault, Chairman and CEO, commented on the Company's first quarter earnings, “Our Company, along with the rest of the banking industry, continues to face margin pressure.

Brookline Bancorp Announces First Quarter Results

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. Management will host a conference call to review this information at 1:30 PM Eastern Time on Thursday, April 25, 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/249109629.   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 923783). 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 815015. The call will be available live or in a recorded version on the Company's website at www.brooklinebancorp.com.

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

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