Brookline Bancorp Company Profile (NASDAQ:BRKL)

About Brookline Bancorp (NASDAQ:BRKL)

Brookline Bancorp logoBrookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island (BankRI) and its subsidiaries; First Ipswich Bank (First Ipswich) and its subsidiaries, and Brookline Securities Corp. As a commercially focused financial institution with 50 full-service banking offices throughout greater Boston, the north shore of Massachusetts and Rhode Island, the Company, through Brookline Bank, BankRI and First Ipswich (individually and collectively the Banks), offered a range of commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services throughout central New England, as of December 31, 2016. The Company also provides specialty equipment financing through its subsidiaries, Eastern Funding LLC and Macrolease Corporation.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Savings & Loans
  • Sub-Industry: Thrifts & Mortgage Finance
  • Symbol: NASDAQ:BRKL
  • CUSIP: 11373M10
  • Web:
  • Market Cap: $1.07 billion
  • Outstanding Shares: 76,519,000
Average Prices:
  • 50 Day Moving Avg: $14.53
  • 200 Day Moving Avg: $15.36
  • 52 Week Range: $10.40 - $17.45
  • Trailing P/E Ratio: 18.67
  • Foreward P/E Ratio: 14.89
  • P/E Growth: 2.98
Sales & Book Value:
  • Annual Revenue: $218.29 million
  • Price / Sales: 4.91
  • Book Value: $10.00 per share
  • Price / Book: 1.40
  • Annual Dividend: $0.36
  • Dividend Yield: 2.6%
  • Net Margins: 19.97%
  • Return on Equity: 7.53%
  • Return on Assets: 0.83%
  • Debt-to-Equity Ratio: 1.45%
  • Current Ratio: 1.15%
  • Quick Ratio: 1.15%
  • Average Volume: 508,436 shs.
  • Beta: 0.88
  • Short Ratio: 2.64

Frequently Asked Questions for Brookline Bancorp (NASDAQ:BRKL)

What is Brookline Bancorp's stock symbol?

Brookline Bancorp trades on the NASDAQ under the ticker symbol "BRKL."

How often does Brookline Bancorp pay dividends? What is the dividend yield for Brookline Bancorp?

Brookline Bancorp announced a quarterly dividend on Thursday, April 27th. Investors of record on Friday, May 12th will be given a dividend of $0.09 per share on Friday, May 26th. This represents a $0.36 annualized dividend and a yield of 2.57%. The ex-dividend date is Wednesday, May 10th. View Brookline Bancorp's Dividend History.

How were Brookline Bancorp's earnings last quarter?

Brookline Bancorp, Inc. (NASDAQ:BRKL) posted its earnings results on Wednesday, April, 26th. The company reported $0.19 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.19. The firm had revenue of $69 million for the quarter, compared to analysts' expectations of $56.36 million. Brookline Bancorp had a return on equity of 7.53% and a net margin of 19.97%. The firm's revenue for the quarter was up 20.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.18 earnings per share. View Brookline Bancorp's Earnings History.

When will Brookline Bancorp make its next earnings announcement?

Brookline Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, July, 18th 2017. View Earnings Estimates for Brookline Bancorp.

Where is Brookline Bancorp's stock going? Where will Brookline Bancorp's stock price be in 2017?

3 analysts have issued 12-month price objectives for Brookline Bancorp's shares. Their predictions range from $13.00 to $16.50. On average, they expect Brookline Bancorp's stock price to reach $14.75 in the next year. View Analyst Ratings for Brookline Bancorp.

Are investors shorting Brookline Bancorp?

Brookline Bancorp saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 1,694,132 shares, an increase of 72.4% from the April 28th total of 982,662 shares. Based on an average trading volume of 726,487 shares, the short-interest ratio is currently 2.3 days. Currently, 2.5% of the company's shares are sold short.

Who are some of Brookline Bancorp's key competitors?

Who owns Brookline Bancorp stock?

Brookline Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.41%), Vanguard Group Inc. (9.31%), Dimensional Fund Advisors LP (8.42%), State Street Corp (3.04%), Goldman Sachs Group Inc. (2.99%) and Bank of New York Mellon Corp (3.24%). Company insiders that own Brookline Bancorp stock include Charles H Peck, David C Chapin, James M Cosman, John M Pereira, Margaret Boles Fitzgerald and Michael W Mccurdy. View Institutional Ownership Trends for Brookline Bancorp.

Who sold Brookline Bancorp stock? Who is selling Brookline Bancorp stock?

Brookline Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Moody Aldrich Partners LLC, Morgan Stanley, Royce & Associates LP, Goldman Sachs Group Inc., Wells Fargo & Company MN, Nationwide Fund Advisors and Thrivent Financial For Lutherans. Company insiders that have sold Brookline Bancorp stock in the last year include David C Chapin, James M Cosman and Michael W Mccurdy. View Insider Buying and Selling for Brookline Bancorp.

Who bought Brookline Bancorp stock? Who is buying Brookline Bancorp stock?

Brookline Bancorp's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Monarch Partners Asset Management LLC, Vanguard Group Inc., State Street Corp, BlueCrest Capital Management Ltd, Renaissance Technologies LLC, Barings LLC and ClariVest Asset Management LLC. Company insiders that have bought Brookline Bancorp stock in the last two years include John M Pereira and Margaret Boles Fitzgerald. View Insider Buying and Selling for Brookline Bancorp.

How do I buy Brookline Bancorp stock?

Shares of Brookline Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Brookline Bancorp stock cost?

One share of Brookline Bancorp stock can currently be purchased for approximately $14.00.

Analyst Ratings

Consensus Ratings for Brookline Bancorp (NASDAQ:BRKL) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $14.75 (5.36% upside)

Analysts' Ratings History for Brookline Bancorp (NASDAQ:BRKL)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/27/2017Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$17.00 -> $16.50HighView Rating Details
1/26/2017Compass PointUpgradeNeutral -> BuyN/AView Rating Details
6/7/2016Sandler O'NeillDowngradeBuy -> HoldN/AView Rating Details
4/14/2016American Capital PartnersInitiated CoverageBuy$12.50N/AView Rating Details
9/15/2015Piper Jaffray CompaniesInitiated CoverageNeutral$11.00N/AView Rating Details
(Data available from 5/27/2015 forward)


Earnings History for Brookline Bancorp (NASDAQ:BRKL)
Earnings by Quarter for Brookline Bancorp (NASDAQ:BRKL)
Earnings History by Quarter for Brookline Bancorp (NASDAQ:BRKL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017Q1 2017$0.19$0.19$56.36 million$69.00 millionViewN/AView Earnings Details
1/25/2017Q4 2016$0.19$0.19$588.28 million$57.28 millionViewN/AView Earnings Details
10/19/2016Q316$0.19$0.19$51.22 million$57.68 millionViewN/AView Earnings Details
7/20/2016Q216$0.19$0.18$52.59 million$55.63 millionViewN/AView Earnings Details
4/20/2016Q116$0.17$0.18$49.87 million$55.67 millionViewN/AView Earnings Details
1/27/2016Q415$0.18$0.19$50.47 million$56.14 millionViewListenView Earnings Details
10/21/2015Q315$0.17$0.18$47.88 million$53.37 millionViewListenView Earnings Details
7/22/2015Q215$0.16$0.17$48.18 million$52.04 millionViewListenView Earnings Details
4/22/2015Q115$0.15$0.17$51.05 million$53.00 millionViewN/AView Earnings Details
1/28/2015Q414$0.15$0.15$49.31 million$51.60 millionViewN/AView Earnings Details
10/29/2014Q314$0.14$0.17$49.94 million$52.98 millionViewN/AView Earnings Details
7/30/2014Q214$0.13$0.14$48.23 million$49.72 millionViewN/AView Earnings Details
4/23/2014Q114$0.14$0.13$47.83 million$52.86 millionViewN/AView Earnings Details
1/29/2014Q413$0.14$0.11$43.60 millionViewN/AView Earnings Details
10/23/2013Q313$0.14$0.13$46.14 millionViewN/AView Earnings Details
7/24/2013Q2 2013$0.13$0.14$43.68 million$48.50 millionViewN/AView Earnings Details
4/24/2013Q1 2013$0.15$0.13$45.00 millionViewN/AView Earnings Details
1/30/2013Q4 2012$0.15$0.17$45.88 millionViewN/AView Earnings Details
10/24/2012$0.14$0.16ViewN/AView Earnings Details
7/25/2012$0.15$0.17ViewN/AView Earnings Details
1/25/2012$0.13$0.13ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Brookline Bancorp (NASDAQ:BRKL)
2017 EPS Consensus Estimate: $0.85
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.20$0.20$0.20
Q2 20171$0.21$0.21$0.21
Q3 20171$0.22$0.22$0.22
Q4 20171$0.22$0.22$0.22
(Data provided by Zacks Investment Research)


Current Dividend Information for Brookline Bancorp (NASDAQ:BRKL)
Most Recent Dividend:5/26/2017
Annual Dividend:$0.36
Dividend Yield:2.57%
Payout Ratio:48.65% (Trailing 12 Months of Earnings)
46.15% (Based on This Year's Estimates)
38.30% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Brookline Bancorp (NASDAQ:BRKL)

Dividend History by Quarter for Brookline Bancorp (NASDAQ:BRKL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Brookline Bancorp (NASDAQ:BRKL)
Insider Ownership Percentage: 2.82%
Institutional Ownership Percentage: 77.36%
Insider Trades by Quarter for Brookline Bancorp (NASDAQ:BRKL)
Institutional Ownership by Quarter for Brookline Bancorp (NASDAQ:BRKL)
Insider Trades by Quarter for Brookline Bancorp (NASDAQ:BRKL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/27/2017John M. PereiraDirectorBuy10,000$14.50$145,000.00View SEC Filing  
11/23/2016James M CosmanCOOSell12,500$15.05$188,125.00View SEC Filing  
11/22/2016David C. ChapinDirectorSell21,402$14.89$318,675.78View SEC Filing  
11/18/2016James M. CosmanCOOSell17,665$14.93$263,738.45View SEC Filing  
8/26/2016Michael W. MccurdyGeneral CounselSell9,200$11.80$108,560.00View SEC Filing  
5/18/2016Charles H PeckDirectorSell12,000$11.25$135,000.00View SEC Filing  
5/5/2016Margaret Boles FitzgeraldDirectorBuy1,500$11.14$16,710.00View SEC Filing  
5/3/2016Margaret Boles FitzgeraldDirectorBuy2,000$11.37$22,740.00View SEC Filing  
4/29/2016David C ChapinDirectorSell1,458$11.26$16,417.08View SEC Filing  
4/29/2015Carl M CarlsonCFOBuy3,000$10.97$32,910.00View SEC Filing  
4/28/2015Carl M CarlsonCFOBuy2,000$10.99$21,980.00View SEC Filing  
4/28/2015Charles H PeckDirectorSell25,000$10.98$274,500.00View SEC Filing  
4/27/2015Joseph J SlotnikDirectorSell5,000$11.01$55,050.00View SEC Filing  
12/1/2014Margaret Boles FitzgeraldDirectorBuy2,700$9.40$25,380.00View SEC Filing  
5/15/2014Paul PerraultCEOBuy10,000$8.84$88,400.00View SEC Filing  
5/13/2014Charles PeckDirectorSell13,500$9.05$122,175.00View SEC Filing  
5/2/2014Carl CarlsonCFOBuy5,000$9.10$45,500.00View SEC Filing  
3/6/2014John HackettDirectorBuy1,000$9.39$9,390.00View SEC Filing  
2/25/2014Bogdan NowakDirectorBuy7,000$8.94$62,580.00View SEC Filing  
2/24/2014Rosamond VauleDirectorBuy10,000$8.96$89,600.00View SEC Filing  
2/19/2014Bogdan NowakDirectorBuy7,000$8.74$61,180.00View SEC Filing  
2/13/2014Bogdan NowakDirectorBuy6,000$8.70$52,200.00View SEC Filing  
2/12/2014Bogdan NowakDirectorBuy5,003$8.80$44,026.40View SEC Filing  
2/10/2014Thomas MeshakoInsiderBuy1,000$8.70$8,700.00View SEC Filing  
2/5/2014Paul PerraultCEOBuy1,000$8.75$8,750.00View SEC Filing  
2/3/2014M Robert RoseInsiderBuy2,100$8.71$18,291.00View SEC Filing  
5/20/2013John A HackettDirectorBuy1,000$8.72$8,720.00View SEC Filing  
5/16/2013Rosamond B VauleDirectorSell17,000$8.65$147,050.00View SEC Filing  
5/15/2013Thomas J HollisterDirectorBuy2,300$8.56$19,688.00View SEC Filing  
5/8/2013John L Hall IIDirectorBuy5,000$8.52$42,600.00View SEC Filing  
4/29/2013Paul A PerraultCEOBuy10,000$8.36$83,600.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Brookline Bancorp (NASDAQ:BRKL)
Latest Headlines for Brookline Bancorp (NASDAQ:BRKL)
DateHeadline logoETFs with exposure to Brookline Bancorp, Inc. : May 19, 2017 - May 19 at 3:56 PM logoBrookline Bancorp, Inc. :BRKL-US: Earnings Analysis: Q1, 2017 By the Numbers : May 18, 2017 - May 18 at 11:33 AM logoBrookline Bancorp goes ex-dividend tomorrow - May 11 at 9:36 PM logoBrookline Bancorp, Inc. : BRKL-US: Dividend Analysis : May 12th, 2017 (record date) : By the numbers : May 10, 2017 - May 10 at 4:15 PM logo$0.20 EPS Expected for Brookline Bancorp, Inc. (BRKL) This Quarter - May 10 at 8:02 AM logoInsiders Bullish On Certain Holdings Of VYM - May 3 at 9:48 PM logoBrookline Bancorp (BRKL) Getting Somewhat Critical Media Coverage, Study Shows - May 3 at 12:14 PM logoEdited Transcript of BRKL earnings conference call or presentation 27-Apr-17 5:30pm GMT - May 2 at 7:14 PM logoBrookline Bancorp, Inc. Announces Closing of Common Stock Offering - May 2 at 7:14 PM logoBrookline Bancorp (BRKL) Given Daily Media Sentiment Rating of 0.25 - April 30 at 4:55 PM logoBrookline Bancorp, Inc. (BRKL) Director John M. Pereira Buys 10,000 Shares - April 29 at 1:19 AM logoBrookline Bancorp's (BRKL) CEO Paul Perrault on Q1 2017 Results - Earnings Call Transcript - April 28 at 5:00 PM logoBrookline Bancorp, Inc. (BRKL) Rating Lowered to Market Perform at Keefe, Bruyette & Woods - April 28 at 12:30 AM logoBrookline Bancorp, Inc. (BRKL) Declares Quarterly Dividend of $0.09 - April 27 at 7:15 PM logoSomewhat Positive News Coverage Very Likely to Impact Brookline Bancorp (BRKL) Share Price - April 27 at 6:56 PM logoBrookline Bancorp, Inc. Announces Pricing of Common Stock Offering - April 27 at 8:52 AM logoBrookline Bancorp Announces First Quarter Results - April 27 at 12:21 AM logoBrookline Bancorp, Inc. Announces Commencement of Common Stock Offering - April 27 at 12:21 AM logoBrookline Bancorp, Inc. (BRKL) Releases Quarterly Earnings Results, Meets Estimates - April 26 at 9:50 PM logoForm 424B5 BROOKLINE BANCORP INC - April 26 at 7:20 PM logoBrookline Bancorp Commences Common Stock Offering - Quick Facts - April 26 at 7:20 PM logoBrookline Bancorp Inc. Earnings Climb 5% In Q1 - April 26 at 7:20 PM logoBrookline posts 1Q profit - April 26 at 5:46 PM logoBrookline Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : BRKL-US : April 25, 2017 - April 25 at 12:29 PM logoPositive News Coverage Extremely Likely to Affect Brookline Bancorp (BRKL) Stock Price - April 24 at 3:36 PM logoBrookline Bancorp (BRKL) Receives News Impact Score of 0.31 - April 21 at 12:39 PM logo$0.19 EPS Expected for Brookline Bancorp, Inc. (BRKL) This Quarter - April 19 at 8:40 AM logoBrookline Bancorp, Inc. (BRKL) Short Interest Up 47.1% in March - April 15 at 7:44 AM logoBrookline Bancorp (BRKL) Given Daily Media Impact Score of 0.31 - April 14 at 6:23 PM logoBrookline Bancorp, Inc. Announces First Quarter 2017 Earnings Release Date and Conference Call - April 13 at 4:09 PM logoBROOKLINE BANCORP INC Files SEC form 10-K, Annual Report - March 1 at 11:32 AM logoBROOKLINE BANCORP INC Files SEC form 8-K, Regulation FD Disclosure - February 8 at 4:14 PM logoEx-Dividend Reminder: WSFS Financial, BB&T and Brookline Bancorp - February 6 at 4:04 PM logoEdited Transcript of BRKL earnings conference call or presentation 26-Jan-17 6:30pm GMT - January 27 at 2:50 AM logo4:31 pm Brookline Bancorp reports EPS in-line - January 26 at 4:47 PM logoEARNINGS SUMMARY: Details of Brookline Bancorp Inc. Q4 Earnings Report - January 25 at 10:03 PM logoQ4 2016 Brookline Bancorp Inc Earnings Release - After Market Close - January 25 at 5:02 PM logoBrookline Bancorp Announces Fourth Quarter Results - January 25 at 5:02 PM logoBROOKLINE BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition - January 25 at 5:02 PM logoBrookline Bancorp, Inc. Announces 2017 Annual Meeting Information - January 25 at 5:02 PM logoBrookline Bancorp, Inc. Announces Fourth Quarter 2016 Earnings Release Date and Conference Call - January 11 at 9:25 PM logoBROOKLINE BANCORP INC Financials - November 15 at 4:11 PM logoBROOKLINE BANCORP INC Files SEC form 10-Q, Quarterly Report - November 4 at 8:28 PM logoEx-Dividend Reminder: Brookline Bancorp, Boston Private Financial and Wells Fargo - October 31 at 3:59 PM logoQ3 2016 Brookline Bancorp Inc Earnings Release - After Market Close - October 19 at 8:51 AM logoEx-Dividend Reminder: Washington Federal, KKR & Company and Brookline Bancorp - August 1 at 3:55 PM logoBrookline Bancorp's (BRKL) CEO Paul Perrault on Q2 2016 Results - Earnings Call Transcript - July 22 at 12:05 PM logoEdited Transcript of BRKL earnings conference call or presentation 21-Jul-16 5:30pm GMT - July 21 at 6:07 PM logoQ2 2016 Brookline Bancorp Inc Earnings Release - After Market Close - July 20 at 7:07 AM logoBrookline Bancorp, Inc. Announces Second Quarter 2016 Earnings Release Date and Conference Call - June 29 at 5:00 PM



Brookline Bancorp (BRKL) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by Staff