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: Banks - NEC
  • Sub-Industry: Thrifts & Mortgage Finance
  • Symbol: NASDAQ:BRKL
  • CUSIP: 11373M10
  • Web:
  • Market Cap: $1.09 billion
  • Outstanding Shares: 76,607,000
Average Prices:
  • 50 Day Moving Avg: $14.52
  • 200 Day Moving Avg: $14.82
  • 52 Week Range: $11.07 - $17.45
  • Trailing P/E Ratio: 18.44
  • Foreward P/E Ratio: 14.95
  • P/E Growth: 2.94
Sales & Book Value:
  • Annual Revenue: $224.41 million
  • Price / Sales: 4.85
  • Book Value: $10.42 per share
  • Price / Book: 1.36
  • Annual Dividend: $0.36
  • Dividend Yield: 2.6%
  • Net Margins: 19.64%
  • Return on Equity: 7.56%
  • Return on Assets: 0.85%
  • Debt-to-Equity Ratio: 1.33%
  • Current Ratio: 1.17%
  • Quick Ratio: 1.17%
  • Average Volume: 378,848 shs.
  • Beta: 0.97
  • Short Ratio: 4.95

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 declared a quarterly dividend on Wednesday, July 19th. Stockholders of record on Friday, August 11th will be paid a dividend of $0.09 per share on Friday, August 25th. This represents a $0.36 annualized dividend and a dividend yield of 2.54%. The ex-dividend date is Wednesday, August 9th. View Brookline Bancorp's Dividend History.

How were Brookline Bancorp's earnings last quarter?

Brookline Bancorp, Inc. (NASDAQ:BRKL) announced its quarterly earnings results on Wednesday, July, 19th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.01. The business earned $60.10 million during the quarter, compared to analyst estimates of $58.08 million. Brookline Bancorp had a return on equity of 7.56% and a net margin of 19.64%. The firm's revenue was down 12.9% on a year-over-year basis. During the same quarter last year, the company posted $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, October, 17th 2017. View Earnings Estimates for Brookline Bancorp.

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

4 brokerages have issued 1-year price objectives for Brookline Bancorp's stock. Their predictions range from $15.00 to $16.50. On average, they expect Brookline Bancorp's stock price to reach $15.83 in the next twelve months. View Analyst Ratings for Brookline Bancorp.

Who are some of Brookline Bancorp's key competitors?

Who are Brookline Bancorp's key executives?

Brookline Bancorp's management team includes the folowing people:

  • Joseph J. Slotnik, Chairman, Independent Director
  • Paul A. Perrault, President, Chief Executive Officer, Director
  • Carl M. Carlson, Chief Financial Officer
  • Darryl J. Fess, President and Chief Executive Officer of Brookline Bank
  • James J. McCarthy, President and Chief Executive Officer of First Ipswich Bank
  • Mark J. Meiklejohn, President and Chief Executive Officer of Bank Rhode Island
  • James M. Cosman, Chief Operating Officer
  • Sandra L. Jenkins, Chief Human Resource Officer
  • Michael W. McCurdy, Chief Risk Officer, General Counsel, Corporate Secretary
  • M. Robert Rose, Chief Credit Officer

Who owns Brookline Bancorp stock?

Brookline Bancorp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.18%), Vanguard Group Inc. (9.08%), Dimensional Fund Advisors LP (8.13%), State Street Corp (3.37%), Goldman Sachs Group Inc. (3.06%) and Bank of New York Mellon Corp (2.54%). 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 ClariVest Asset Management LLC, Teachers Advisors LLC, Bank of New York Mellon Corp, JPMorgan Chase & Co., Martingale Asset Management L P, Deprince Race & Zollo Inc., Bessemer Group Inc. and Ipswich Investment Management Co. Inc.. 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 bought by a variety of institutional investors in the last quarter, including Jennison Associates LLC, BlackRock Inc., Eagle Asset Management Inc., Vanguard Group Inc., Banc Funds Co. LLC, Dimensional Fund Advisors LP, State Street Corp and Renaissance Technologies 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.

What is Brookline Bancorp's stock price today?

One share of Brookline Bancorp stock can currently be purchased for approximately $14.20.

MarketBeat Community Rating for Brookline Bancorp (NASDAQ BRKL)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  65 (Vote Outperform)
Underperform Votes:  87 (Vote Underperform)
Total Votes:  152
MarketBeat's community ratings are surveys of what our community members think about Brookline Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Brookline Bancorp (NASDAQ:BRKL) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $15.83 (11.50% upside)

Analysts' Ratings History for Brookline Bancorp (NASDAQ:BRKL)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/21/2017Sandler O'NeillUpgradeHold -> Buy$16.00MediumView Rating Details
7/14/2017Piper Jaffray CompaniesReiterated RatingHold$15.00LowView Rating Details
4/27/2017Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$17.00 -> $16.50HighView Rating Details
1/26/2017Compass PointUpgradeNeutral -> BuyN/AView Rating Details
4/14/2016American Capital PartnersInitiated CoverageBuy$12.50N/AView Rating Details
(Data available from 8/23/2015 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
10/17/2017$0.20N/AView Earnings Details
7/19/2017Q2 2017$0.19$0.20$58.08 million$60.10 millionViewN/AView Earnings Details
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)
Next Dividend:8/25/2017
Annual Dividend:$0.36
Dividend Yield:2.54%
Payout Ratio:46.75% (Trailing 12 Months of Earnings)
45.57% (Based on This Year's Estimates)
37.89% (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: 2.85%
Institutional Ownership Percentage: 71.41%
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
6/5/2017Michael W. MccurdyGeneral CounselSell4,895$14.20$69,509.00View SEC Filing  
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 logoBrookline Bancorp, Inc. – Value Analysis (NASDAQ:BRKL) : August 21, 2017 - August 22 at 10:26 PM logoBrookline Bancorp, Inc. (BRKL) Upgraded by Sandler O'Neill to Buy - August 21 at 4:08 PM logoEdited Transcript of BRKL earnings conference call or presentation 20-Jul-17 5:30pm GMT - August 12 at 4:22 PM logoBrookline Bancorp, Inc. (NASDAQ:BRKL) Lowered to "Sell" at BidaskClub - August 12 at 3:18 PM logoBrookline Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : BRKL-US : August 10, 2017 - August 10 at 5:53 PM logoSee what the IHS Markit Score report has to say about Brookline Bancorp Inc. - August 10 at 2:59 AM logo$0.20 EPS Expected for Brookline Bancorp, Inc. (BRKL) This Quarter - July 26 at 9:13 AM logoBrookline Bancorp's (BRKL) CEO Paul Perrault on Q2 2017 Results - Earnings Call Transcript - July 20 at 11:23 PM logoInvestor Network: Brookline Bancorp, Inc. to Host Earnings Call - July 20 at 6:23 PM logoBrookline Bancorp, Inc. (NASDAQ:BRKL) Posts Earnings Results, Beats Expectations By $0.01 EPS - July 19 at 9:16 PM logoBrookline Bancorp, Inc. Announces Quarterly Dividend of $0.09 (BRKL) - July 19 at 6:20 PM logoBrookline Bancorp Inc. Reports 18% Increase In Q2 Profit - July 19 at 5:56 PM logoBrookline Bank looks south of Boston for new business - July 19 at 5:56 PM logoBrookline Bancorp Announces Second Quarter Results - July 19 at 5:55 PM logoPeter D. Costa to Build C&I Banking Team South of Boston for Brookline Bank - July 17 at 5:06 PM logoBrookline Bancorp, Inc. (NASDAQ:BRKL) Scheduled to Post Quarterly Earnings on Wednesday - July 17 at 7:47 AM logoBrookline Bancorp, Inc. (NASDAQ:BRKL) Receives Hold Rating from Piper Jaffray Companies - July 15 at 8:50 AM logoBrookline Bancorp, Inc. (BRKL) Raised to Buy at BidaskClub - July 4 at 4:04 PM logo Brokerages Expect Brookline Bancorp, Inc. (BRKL) to Post $0.20 EPS - June 29 at 10:30 PM logoBrookline Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : BRKL-US : June 29, 2017 - June 29 at 5:54 PM logoBrookline Bancorp, Inc. Announces Second Quarter 2017 Earnings Release Date and Conference Call - June 29 at 5:54 PM logoBrookline Bancorp, Inc. – Value Analysis (NASDAQ:BRKL) : June 28, 2017 - June 28 at 4:45 PM logoBrookline Bancorp, Inc. (BRKL) Downgraded by BidaskClub to Hold - June 20 at 9:50 PM logoBrookline Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : BRKL-US : June 12, 2017 - June 12 at 5:04 PM logoA Financial Investing Aficionado Sours on These Bank Stocks - June 9 at 4:36 PM logoETFs with exposure to Brookline Bancorp, Inc. : June 8, 2017 - June 8 at 4:56 PM logoBrookline Bancorp, Inc. (BRKL) Expected to Announce Earnings of $0.20 Per Share - June 5 at 8:44 PM logoInsider Selling: Brookline Bancorp, Inc. (BRKL) General Counsel Sells 4,895 Shares of Stock - June 5 at 8:24 PM logoBrookline Bancorp, Inc. (BRKL) Short Interest Up 72.4% in May - May 28 at 7:02 AM 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 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



Brookline Bancorp (BRKL) Chart for Wednesday, August, 23, 2017

This page was last updated on 8/23/2017 by Staff