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Brookline Bancorp Inc. is a reputable multi-bank holding company headquartered in Boston, Massachusetts, with a focus on delivering tailored financial solutions. As the parent company of Brookline Bank, Bank Rhode Island, and PCSB Bank, it boasts approximately $11 billion in assets and operates branch locations across eastern Massachusetts, Rhode Island, and the Lower Hudson Valley of New York State.
Brookline Bank, a full-service financial institution, operates 24 branches within the Greater Boston area. The bank provides a wide array of services for both individuals and businesses, including checking, savings, and retirement accounts, home equity lending, residential mortgages, and commercial real estate (CRE) banking. Additionally, it offers comprehensive cash management services, merchant services, and access to investment services, ensuring a high level of customized and flexible support for all its clients.
Brookline Bancorp also extends its services to commercial, business, and retail banking, featuring an assortment of cash management products and online banking services. The company is known for its consumer and residential loan products, enhancing financial accessibility for a diverse customer base.
In recent developments, Brookline Bancorp has announced its third quarter 2023 earnings release, scheduled for October 25, 2023, followed by a conference call on October 26, 2023. This event highlights the company's ongoing commitment to transparency and stakeholder engagement. The call can be accessed via the company's website or through designated phone lines.
The financial health of Brookline Bancorp remains robust, with net income reported at $22.7 million and an earnings per share (EPS) of $0.26. The company has also declared a dividend, demonstrating its stable financial position and shareholder value proposition.
Leadership changes have been a focal point, with the upcoming retirement of Chief Operations Officer James Cosman on April 1, 2024. In light of his departure, new appointments include Mona Macero as Executive Vice President and Chief Digital Officer, and Kelly Bressette as Executive Vice President and Director of Operations. These strategic movements are set to drive future technological and operational excellence within the company.
Brookline Bancorp continuously adapts to meet the evolving needs of its customers, leveraging its strong foundation in banking services and commitment to community-focused growth. More information is available on their websites: brooklinebank.com, bankri.com, and pcsb.com.
BROOKLINE BANCORP, INC. (NASDAQ: BRKL) will release its third-quarter 2021 earnings after market close on October 27, 2021. A conference call to discuss the results is scheduled for October 28, 2021, at 1:30 PM ET. Participants can join the call via telephone or access a live stream and presentation on the company's website. Brookline Bancorp operates with approximately $8.5 billion in assets, providing banking services across New England.
BROOKLINE, July 28, 2021 – Brookline Bancorp (NASDAQ: BRKL) reported record net income of $31.6 million, or $0.40 per share, for Q2 2021, up from $26.5 million in Q1 2021 and $19.6 million in Q2 2020. Total assets decreased to $8.5 billion, with a decrease in total loans to $7.0 billion. Non-interest income and net interest income showed growth, with the latter increasing to $71.1 million. The effective tax rate was 25.4%. A dividend of $0.12 per share was declared, payable on August 27, 2021.
Brookline Bancorp, Inc. (NASDAQ: BRKL) is set to report its second quarter 2021 earnings on July 28, 2021. A conference call to discuss these results will take place on July 29, 2021, at 1:30 PM ET. The company, which holds approximately $8.6 billion in assets, provides commercial and retail banking services in eastern Massachusetts and Rhode Island. Interested parties can access the call via dial-in options or through the company's website, where a recorded playback will also be available for one week post-call.
Brookline Bancorp has announced a significant restructuring in its leadership on June 14, 2021. Paul Perrault will transition to the role of Chairman, replacing Joseph Slotnik, who will continue as Lead Director. Michael McCurdy, the General Counsel, and Chief Risk Officer, and Carl Carlson, the Chief Financial and Strategy Officer, have been appointed as Co-Presidents. McCurdy will also take on Chief Operating Officer duties, while Carlson maintains oversight of financial strategies. This change aims to leverage their extensive experience to benefit stakeholders and enhance operational efficiency.
BROOKLINE BANCORP, Inc. (NASDAQ: BRKL) reported a net income of $26.5 million for Q1 2021, translating to $0.34 per share, nearly stable compared to Q4 2020. This marks a significant recovery from a $17.3 million net loss in Q1 2020. The company announced a 4.3% dividend increase to $0.12 per share, reflecting confidence in ongoing performance. Total assets decreased to $8.6 billion, with loans at $7.3 billion. Non-interest income saw a slight rise, while net interest income improved to $69.1 million.
BOSTON, April 5, 2021 – Brookline Bancorp, Inc. (NASDAQ: BRKL) announced it will release its first quarter 2021 earnings on April 28, 2021, after market close. A conference call/webcast is scheduled for April 29, 2021, at 1:30 PM ET to discuss the results. Interested listeners can join via this link or dial in at specified numbers. Brookline Bancorp, which has approximately $8.9 billion in assets, operates Brookline Bank and Bank Rhode Island, offering a range of banking services in Central New England.
BROOKLINE, Mass. – Brookline Bancorp (NASDAQ: BRKL) announces its virtual 2021 Annual Meeting scheduled for May 12, 2021, at 11:00 AM ET. Stockholders of record as of March 19, 2021, are eligible to vote. The bank holding company, with approximately $8.9 billion in assets, operates Brookline Bank and Bank Rhode Island, providing commercial and retail banking services in eastern Massachusetts and Rhode Island.
Further details regarding attendance will be shared in the Company’s proxy statement.
Brookline Bancorp, Inc. (NASDAQ: BRKL) reported a net income of $26.7 million, or $0.34 per share, for Q4 2020, up from $18.7 million in Q3 2020. For the full year, net income was $47.6 million, decreasing from $87.7 million in 2019. The company declared a $0.115 dividend per share and announced a $10 million stock buyback program. Total assets decreased to $8.94 billion while total loans decreased by $126.8 million due to PPP forgiveness. The annualized return on average assets rose to 1.20% in Q4, reflecting improved profitability amidst challenges.
Brookline Bancorp (NASDAQ: BRKL) will report its fourth quarter 2020 earnings on January 27, 2021. A conference call to discuss the results is scheduled for January 28, 2021, at 1:30 PM ET. Interested parties can access the call via telephone or through a webcast. The company, with approximately $9 billion in assets and branches in Massachusetts and Rhode Island, provides a range of banking services. Further details and access to the earnings presentation will be available during the call and on the company's website.
Brookline Bancorp (NASDAQ: BRKL) reported a net income of $18.7 million or $0.24 EPS for Q3 2020, a decrease from $19.6 million in Q2 2020 and $22.6 million in Q3 2019. Total assets decreased to $9.0 billion from $9.1 billion in June 2020 but increased significantly from $7.9 billion year-over-year. Total loans were $7.4 billion, down from June but up from last year, primarily due to PPP loans. The company resumed its stock buyback program and declared a $0.115 dividend per share, payable November 27, 2020.
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