Brookline Bancorp (BRKL) Projected to Post Quarterly Earnings on Wednesday

Brookline Bancorp (NASDAQ:BRKL - Get Free Report) is expected to be announcing its Q2 2025 earnings results after the market closes on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.25 per share and revenue of $94.90 million for the quarter.

Brookline Bancorp (NASDAQ:BRKL - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The bank reported $0.22 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.01). The firm had revenue of $91.49 million during the quarter, compared to analyst estimates of $91.38 million. Brookline Bancorp had a net margin of 11.22% and a return on equity of 6.32%. On average, analysts expect Brookline Bancorp to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Brookline Bancorp Price Performance

BRKL stock traded up $0.15 during trading on Thursday, reaching $11.10. 410,133 shares of the company were exchanged, compared to its average volume of 590,669. The company has a 50-day moving average of $10.66 and a two-hundred day moving average of $11.02. The company has a market capitalization of $988.68 million, a price-to-earnings ratio of 13.52 and a beta of 0.88. Brookline Bancorp has a twelve month low of $9.24 and a twelve month high of $13.15. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.09 and a quick ratio of 1.09.

Brookline Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Friday, May 9th were given a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a yield of 4.87%. The ex-dividend date of this dividend was Friday, May 9th. Brookline Bancorp's dividend payout ratio is 65.85%.

Institutional Trading of Brookline Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of the business. Jane Street Group LLC purchased a new position in Brookline Bancorp during the first quarter valued at approximately $2,114,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Brookline Bancorp by 17.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 174,573 shares of the bank's stock valued at $1,903,000 after acquiring an additional 26,218 shares in the last quarter. Empowered Funds LLC grew its stake in Brookline Bancorp by 1.9% during the first quarter. Empowered Funds LLC now owns 259,902 shares of the bank's stock valued at $2,833,000 after acquiring an additional 4,772 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Brookline Bancorp by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,433 shares of the bank's stock worth $572,000 after buying an additional 2,294 shares in the last quarter. Finally, Focus Partners Wealth grew its stake in Brookline Bancorp by 9.9% in the 1st quarter. Focus Partners Wealth now owns 11,243 shares of the bank's stock worth $123,000 after buying an additional 1,010 shares in the last quarter. Institutional investors own 78.91% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen initiated coverage on shares of Brookline Bancorp in a report on Monday, May 19th. They set a "hold" rating on the stock.

Brookline Bancorp Company Profile

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.