Welcome to our dedicated page for Brookline Bncp news (Ticker: BRKL), a resource for investors and traders seeking the latest updates and insights on Brookline Bncp stock.
Brookline Bancorp Inc. (BRKL) provides commercial banking and financial services across the Northeastern U.S. through its multi-bank structure. This page serves as the definitive source for all official company announcements, financial disclosures, and market-related updates.
Access timely press releases covering quarterly earnings, leadership appointments, and strategic initiatives alongside analysis of operational developments. Investors will find essential updates on loan portfolio performance, regulatory filings, and dividend declarations, while businesses can monitor cash management innovations and commercial lending terms.
Our curated collection ensures transparent access to Brookline Bancorp's:
• Financial Reports: SEC filings, earnings calls, and annual statements
• Strategic Developments: Branch expansions, technology investments, partnership announcements
• Risk Management Updates: Credit policy changes and capital adequacy disclosures
• Service Enhancements: New digital banking features and specialized lending programs
Bookmark this page for streamlined tracking of BRKL's performance in commercial real estate lending, equipment financing trends, and community banking initiatives. Verify information directly through linked source documents and regulatory submissions.
Brookline Bancorp (BRKL) reported Q3 2024 net income of $20.1 million, or $0.23 per share, up from $16.4 million ($0.18/share) in Q2 2024 but down from $22.7 million ($0.26/share) in Q3 2023. Total assets reached $11.7 billion, with loans and leases at $9.8 billion. Net interest income increased by $3.0 million to $83.0 million, with net interest margin rising to 3.07%. The company declared a quarterly dividend of $0.135 per share. Total deposits slightly decreased to $8.7 billion, though customer deposits grew by $103.2 million. The allowance for loan and lease losses was 1.31% of total loans.
Brookline Bancorp, Inc. (NASDAQ: BRKL) has announced its schedule for reporting third quarter 2024 earnings. The company will release its earnings report on Wednesday, October 23, 2024, after the close of business. A conference call to discuss the results is scheduled for Thursday, October 24, 2024, at 1:30 PM Eastern Time.
Interested parties can join the call and view the company's Earnings Presentation via a provided link. Alternatively, they can dial in to listen without access to the slides. A recorded playback of the call will be available for one week following the event. The earnings information will also be accessible on the company's website.
Brookline Bancorp, Inc. is a multi-bank holding company with $11 billion in assets, operating through Brookline Bank, Bank Rhode Island, PCSB Bank, and their subsidiaries across Massachusetts, Rhode Island, and New York.
Brookline Bancorp (NASDAQ: BRKL) reported Q2 2024 net income of $16.4 million, or $0.18 per share, and operating earnings of $17.0 million, or $0.19 per share. This marks an increase from Q1 2024 but a decrease from Q2 2023. The company experienced solid loan and deposit growth across its three banks, with total assets reaching $11.6 billion. Despite persistent margin pressure, the intensity decreased slightly from the previous quarter. Key financial highlights include:
- Total loans and leases: $9.7 billion
- Total deposits: $8.7 billion
- Net interest income: $80.0 million
- Net interest margin: 3.00%
- Provision for credit losses: $5.6 million
- Nonperforming loans ratio: 0.62%
The Board of Directors approved a quarterly dividend of $0.135 per share, payable on August 30, 2024.
Brookline Bancorp (NASDAQ: BRKL) will announce its second quarter 2024 earnings after market close on July 24, 2024. A conference call with management is scheduled for 1:30 PM ET on July 25, 2024, to discuss the results. Participants can join the call via a provided webinar link or by dialing in. Playback of the call will be available for a week following the live event. Brookline Bancorp is a multi-bank holding company with $11 billion in assets, offering a range of commercial, business, and retail banking services through its various subsidiaries across Massachusetts, Rhode Island, and New York.
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