Brookline Bancorp, Inc. operates as the holding company for Brookline Bank, Bank Rhode Island, First Ipswich Bank, and Brookline Securities Corp that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include non-interest-bearing demand checking accounts, NOW accounts, savings accounts, and money market accounts. The company's loan portfolio 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 used by small businesses; financing for construction and development projects; and home equity and other consumer loans. It also provides cash management, investment advisory, and online banking services, as well as invests in debt and equity securities. As of December 31, 2017, the Company operated 51 full-service banking offices in greater Boston, the north shore of Massachusetts, and Rhode Island. Brookline Bancorp, Inc. was founded in 1871 and is headquartered in Boston, Massachusetts.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Federal savings institutions
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
SymbolNASDAQ:BRKL
CUSIP11373M10
Phone617-425-4600
Debt
Debt-to-Equity Ratio1.25
Current Ratio1.17
Quick Ratio1.17
Price-To-Earnings
Trailing P/E Ratio19.55
Forward P/E Ratio14.48
P/E GrowthN/A
Sales & Book Value
Annual Sales$295.22 million
Price / Sales4.26
Cash Flow$0.9812 per share
Price / Cash15.94
Book Value$10.60 per share
Price / Book1.48
Profitability
EPS (Most Recent Fiscal Year)$0.80
Net Income$50.51 million
Net Margins19.97%
Return on Equity8.53%
Return on Assets1.03%
Miscellaneous
Employees765
Outstanding Shares80,420,000
Market Cap$1.27 billion
Brookline Bancorp (NASDAQ:BRKL) Frequently Asked Questions
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 Wednesday, July 25th. Stockholders of record on Friday, August 10th will be paid a dividend of $0.10 per share on Friday, August 24th. This represents a $0.40 annualized dividend and a dividend yield of 2.56%. The ex-dividend date of this dividend is Thursday, August 9th. View Brookline Bancorp's Dividend History.
How were Brookline Bancorp's earnings last quarter?
Brookline Bancorp, Inc. (NASDAQ:BRKL) posted its quarterly earnings results on Wednesday, July, 25th. The bank reported $0.26 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.26 by $0.00. The bank had revenue of $68.24 million for the quarter, compared to analyst estimates of $69.40 million. Brookline Bancorp had a net margin of 19.97% and a return on equity of 8.53%. View Brookline Bancorp's Earnings History.
When is Brookline Bancorp's next earnings date?
What price target have analysts set for BRKL?
2 Wall Street analysts have issued 12 month price targets for Brookline Bancorp's stock. Their predictions range from $16.50 to $18.50. On average, they anticipate Brookline Bancorp's stock price to reach $17.50 in the next year. This suggests a possible upside of 11.9% from the stock's current price. View Analyst Price Targets for Brookline Bancorp.
What is the consensus analysts' recommendation for Brookline Bancorp?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookline Bancorp in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brookline Bancorp.
Who are some of Brookline Bancorp's key competitors?
Some companies that are related to Brookline Bancorp include Umpqua (UMPQ), TFS Financial (TFSL), BankUnited (BKU), BofI (BOFI), Axos Financial (AX), LegacyTexas Financial Group (LTXB), Columbia Financial (CLBK), Capitol Federal Financial (CFFN), Flagstar Bancorp (FBC), Provident Financial Services (PFS), Kearny Financial (KRNY), OceanFirst Financial (OCFC), Meta Financial Group (CASH), Northfield Bancorp (NFBK) and BBX Capital Corp Class B (BBXTB).
Who are Brookline Bancorp's key executives?
Brookline Bancorp's management team includes the folowing people:
- Mr. Paul A. Perrault, Pres, CEO & Director (Age 66)
- Mr. Carl M. Carlson, Chief Financial Officer (Age 54)
- Mr. M. Robert Rose, Chief Credit Officer (Age 66)
- Mr. Darryl J. Fess, Pres & CEO of Brookline Bank (Age 56)
- Mr. Mark J. Meiklejohn, Pres, CEO & Director of Bank Rhode Island (Age 54)
Who are Brookline Bancorp's major shareholders?
Brookline Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Hennessy Advisors Inc. (0.63%), Canton Hathaway LLC (0.47%) and First Manhattan Co. (0.36%). Company insiders that own Brookline Bancorp stock include Charles H Peck, Darryl J Fess, David C Chapin, James M Cosman, John A Hackett, John L Hall II, John M Pereira, M Robert Rose, Michael W Mccurdy, Paul A Perrault and Thomas J Hollister. View Institutional Ownership Trends for Brookline Bancorp.
Which institutional investors are selling Brookline Bancorp stock?
BRKL stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc. and First Manhattan Co.. Company insiders that have sold Brookline Bancorp company stock in the last year include Charles H Peck, Darryl J Fess, David C Chapin, James M Cosman, John A Hackett, M Robert Rose, Michael W Mccurdy, Paul A Perrault and Thomas J Hollister. View Insider Buying and Selling for Brookline Bancorp.
Which institutional investors are buying Brookline Bancorp stock?
BRKL stock was acquired by a variety of institutional investors in the last quarter, including Canton Hathaway LLC. Company insiders that have bought Brookline Bancorp stock in the last two years include John L Hall II and John M Pereira. View Insider Buying and Selling for Brookline Bancorp.
How do I buy shares of Brookline Bancorp?
Shares of BRKL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Brookline Bancorp's stock price today?
One share of BRKL stock can currently be purchased for approximately $15.64.
How big of a company is Brookline Bancorp?
Brookline Bancorp has a market capitalization of $1.27 billion and generates $295.22 million in revenue each year. The bank earns $50.51 million in net income (profit) each year or $0.80 on an earnings per share basis. Brookline Bancorp employs 765 workers across the globe.
What is Brookline Bancorp's official website?
How can I contact Brookline Bancorp?
Brookline Bancorp's mailing address is 131 CLARENDON STREET, BOSTON MA, 02116. The bank can be reached via phone at 617-425-4600 or via email at [email protected]
MarketBeat Community Rating for Brookline Bancorp (NASDAQ BRKL)
MarketBeat's community ratings are surveys of what our community members think about Brookline Bancorp and other stocks. Vote "Outperform" if you believe BRKL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BRKL will underperform the S&P 500 over the long term. You may vote once every thirty days.
