Brookline Bancorp
BRKL

$9.85

1.2%

Market Cap: $876M

About: Brookline Bancorp Inc operates as a multi-bank holding company. It offers commercial, business, and retail banking services, including a full complement of cash management products, online banking services, and consumer and residential loans.

Employees: 1,018

Financials Savings Institution, Federally Chartered

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

41% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 27

6% more funds holding

Funds holding: 185 [Q1] → 196 (+11) [Q2]

5% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 63

0.9% less ownership

Funds ownership: 81.86% [Q1] → 80.97% (-0.9%) [Q2]

17% less capital invested

Capital invested by funds: $725M [Q1] → $601M (-$124M) [Q2]

99% less call options, than puts

Call options by funds: $3K | Put options by funds: $240K

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Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$11

12%

upside

Avg. target

$11

12%

upside

High target

$11

12%

upside

1 analyst rating

0 positive

0%

1 neutral

100%

0 negative

0%

Keefe, Bruyette & Woods

Christopher O'Connell

75% 1-year accuracy

12 / 16 met price target

12%upside

$11

Market Perform

Maintained

26 Jul 2024

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Financial journalist opinion

Brookline Bancorp: +5% Dividend Yield And Earnings Likely To Recover By Next Year

I've reduced my earnings estimate to $0.74 per share for 2024 following the second quarter performance, which missed my expectations. Subdued loan growth will likely counter the margin pressure and drive an earnings recovery next year. The December 2024 target price suggests a price upside of around 15%.

Brookline Bancorp: +5% Dividend Yield And Earnings Likely To Recover By Next Year

Brookline Bancorp, Inc. (BRKL) Q2 2024 Earnings Call Transcript

Brookline Bancorp, Inc. (NASDAQ:BRKL ) Q2 2024 Earnings Conference Call July 25, 2024 1:30 PM ET Company Participants Laura Vaughn - Attorney Paul Perrault - Chairman & Chief Executive Officer Carl Carlson - Co-President & Chief Financial Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler Laurie Hunsicker - Seaport Research Chris O'Connell - KBW Operator Good afternoon, and welcome to Brookline Bancorp Inc's Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

Brookline Bancorp, Inc. (BRKL) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Compared to Estimates, Brookline (BRKL) Q2 Earnings: A Look at Key Metrics

The headline numbers for Brookline (BRKL) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Brookline (BRKL) Q2 Earnings: A Look at Key Metrics

Zacks Investment Research

Brookline Bancorp (BRKL) Q2 Earnings Surpass Estimates

Brookline Bancorp (BRKL) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.26 per share a year ago.

Brookline Bancorp (BRKL) Q2 Earnings Surpass Estimates

Brookline Bancorp Announces Second Quarter Results

Net Income of $16.4 million , EPS of $0.18 Operating Earnings of $17.0 million , Operating EPS of $0.19 Quarterly Dividend of $0.135 BOSTON, July 24, 2024 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) (the “Company”) today announced net income of $16.4 million, or $0.18 per basic and diluted share, and operating earnings after tax (non-GAAP) of $17.0 million, or $0.19 per basic and diluted share, for the second quarter of 2024, compared to net income and operating earnings after tax (non-GAAP) of $14.7 million, or $0.16 per basic and diluted share, for the first quarter of 2024, and net income of $21.9 million, or $0.25 per basic and diluted share, and operating earnings after tax (non-GAAP) of $23.2 million, or $0.26 per basic and diluted share, for the second quarter of 2023. Paul Perrault, Chairman and Chief Executive Officer commented, “I am pleased to report our second quarter earnings.

Brookline Bancorp Announces Second Quarter Results

Zacks Investment Research

Strength Seen in Brookline (BRKL): Can Its 7.1% Jump Turn into More Strength?

Brookline (BRKL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Brookline (BRKL): Can Its 7.1% Jump Turn into More Strength?

Brookline Bancorp, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call

BOSTON, July 03, 2024 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) announced today that it will report second quarter 2024 earnings at the close of business on Wednesday, July 24, 2024. Management will host a conference call to review this information at 1:30 PM Eastern Time on Thursday, July 25, 2024. Interested parties may listen to the call and view a copy of the Company's Earnings Presentation by joining the call via https://events.q4inc.com/attendee/629150850. To listen to the call without access to the slides, interested parties may dial 833-470-1428 (United States) or 404-975-4839 (internationally) and ask for the Brookline Bancorp conference call (Access Code 611840). A recorded playback of the call will be available for one week following the call at 866-813-9403 (United States) or 1-929-458-6194 (internationally). The passcode for this playback is 134147. The call will be available live or in a recorded version on the Company's website at www.brooklinebancorp.com.

Brookline Bancorp, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call

Brookline Bancorp: Dividend Yield Of Over 6% And Somewhat Positive Earnings Outlook

I'm revising downward my earnings estimate for 2024 after both loan growth and the margin missed my expectations for the first quarter of the year. Interest rate cuts will have a mixed impact on the net interest margin. I'm optimistic that loan growth can improve because some of the labor markets where Brookline Bancorp operates are quite strong.

Brookline Bancorp: Dividend Yield Of Over 6% And Somewhat Positive Earnings Outlook

Brookline Bancorp, Inc. (BRKL) Q1 2024 Earnings Call Transcript

Brookline Bancorp, Inc. (NASDAQ:BRKL ) Q1 2024 Earnings Conference Call April 25, 2024 1:30 PM ET Company Participants Laura Vaughn - Attorney Paul A. Perrault - Chairman & Chief Executive Officer Carl M.

Brookline Bancorp, Inc. (BRKL) Q1 2024 Earnings Call Transcript

Zacks Investment Research

Here's What Key Metrics Tell Us About Brookline (BRKL) Q1 Earnings

The headline numbers for Brookline (BRKL) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About Brookline (BRKL) Q1 Earnings

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