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
Industry Federal savings institutions
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
SymbolNASDAQ:BRKL
CUSIP11373M10
Phone617-425-4600
Debt
Debt-to-Equity Ratio1.26
Current Ratio1.17
Quick Ratio1.17
Price-To-Earnings
Trailing P/E Ratio23.78
Forward P/E Ratio17.82
P/E GrowthN/A
Sales & Book Value
Annual Sales$295.22 million
Price / Sales5.24
Cash Flow$0.9948 per share
Price / Cash19.35
Book Value$10.60 per share
Price / Book1.82
Profitability
EPS (Most Recent Fiscal Year)$0.80
Net Income$50.51 million
Net Margins18.90%
Return on Equity7.99%
Return on Assets0.96%
Miscellaneous
Employees765
Outstanding Shares80,320,000
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, April 25th. Investors of record on Friday, May 11th will be paid a dividend of $0.10 per share on Friday, May 25th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date of this dividend is Thursday, May 10th. This is an increase from Brookline Bancorp's previous quarterly dividend of $0.09. 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, April, 25th. The bank reported $0.24 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.24. The bank earned $65.66 million during the quarter. Brookline Bancorp had a net margin of 18.90% and a return on equity of 7.99%. View Brookline Bancorp's Earnings History.
When is Brookline Bancorp's next earnings date?
What price target have analysts set for BRKL?
2 brokers have issued 1 year price objectives for Brookline Bancorp's shares. Their forecasts range from $16.00 to $16.50. On average, they anticipate Brookline Bancorp's stock price to reach $16.25 in the next twelve months. 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), BankUnited (BKU), TFS Financial (TFSL), BofI (BOFI), Flagstar Bancorp (FBC), LegacyTexas Financial Group (LTXB), Provident Financial Services (PFS), Capitol Federal Financial (CFFN), OceanFirst Financial (OCFC), Kearny Financial (KRNY), Meta Financial Group (CASH), BBX Capital Corp Class B (BBXTB), Northfield Bancorp (NFBK), Dime Community Bancshares (DCOM) and Sterling Bancorp (SBT).
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)
Has Brookline Bancorp been receiving favorable news coverage?
News articles about BRKL stock have been trending somewhat positive recently, according to Accern. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Brookline Bancorp earned a news impact score of 0.14 on Accern's scale. They also gave news coverage about the bank an impact score of 45.71 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Brookline Bancorp's major shareholders?
Brookline Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.45%), Dimensional Fund Advisors LP (8.03%), Polaris Capital Management LLC (1.94%), Northern Trust Corp (1.84%), Massachusetts Financial Services Co. MA (0.97%) and Russell Investments Group Ltd. (0.90%). 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 Thrivent Financial for Lutherans, Barings LLC, New York State Common Retirement Fund, Citadel Advisors LLC, BNP Paribas Arbitrage SA, Hennessy Advisors Inc., JPMorgan Chase & Co. and Russell Investments Group Ltd.. 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 bought by a variety of institutional investors in the last quarter, including Polaris Capital Management LLC, The Manufacturers Life Insurance Company , Massachusetts Financial Services Co. MA, Matarin Capital Management LLC, BlackRock Inc., Eagle Asset Management Inc., Prudential Financial Inc. and Barclays PLC. 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 $19.25.
How big of a company is Brookline Bancorp?
Brookline Bancorp has a market capitalization of $1.54 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.
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 (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.
