| Brookline Bancorp: Dividends Are Interesting, But The Share Price Has Stagnated For Decades |
Brookline Bancorp's high dividend yield (5.17%) is overshadowed by stagnant share prices and a high loan-to-deposit ratio (108%), limiting growth prospects. The bank's heavy exposure to CRE loans (57% of portfolio) poses significant risk, especially in a volatile macroeconomic environment. Despite stable dividends since 1998, the potential for capital gains is minimal due to the bank's financial constraints and high loan-to-deposit ratio. |
seekingalpha.com |
2025-05-02 03:31:02 |
Czytaj oryginał (ang.) |
| Brookline Bancorp, Inc. (BRKL) Q1 2025 Earnings Call Transcript |
Brookline Bancorp, Inc. (NASDAQ:BRKL ) Q1 2025 Earnings Conference Call April 24, 2025 1:30 AM ET Company Participants Dario Hernandez - Attorney Paul Perrault - Chairman & Chief Executive Officer Carl Carlson - Co-President & Chief Financial Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler Steve Moss - Raymond James Laurie Hunsicker - Seaport Christopher O'Connell - KBW Operator Good afternoon and welcome to Brookline Bancorp, Inc.'s First Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode. |
seekingalpha.com |
2025-04-24 21:02:20 |
Czytaj oryginał (ang.) |
| Brookline (BRKL) Reports Q1 Earnings: What Key Metrics Have to Say |
The headline numbers for Brookline (BRKL) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-04-24 00:35:40 |
Czytaj oryginał (ang.) |
| Brookline Bancorp (BRKL) Misses Q1 Earnings and Revenue Estimates |
Brookline Bancorp (BRKL) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.16 per share a year ago. |
zacks.com |
2025-04-23 22:30:46 |
Czytaj oryginał (ang.) |
| Brookline Bancorp, Inc. Announces First Quarter 2025 Earnings Release Date and Conference Call |
BOSTON, April 07, 2025 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) announced today that it will report first quarter 2025 earnings at the close of business on Wednesday, April 23, 2025. Management will host a conference call to review this information at 1:30 PM Eastern Time on Thursday, April 24, 2025. 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/955891780. 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 941481). 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 324302. The call will be available live or in a recorded version on the Company's website at www.brooklinebancorp.com. |
globenewswire.com |
2025-04-07 20:05:00 |
Czytaj oryginał (ang.) |
| All You Need to Know About Brookline (BRKL) Rating Upgrade to Strong Buy |
Brookline (BRKL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy). |
zacks.com |
2025-02-04 15:01:41 |
Czytaj oryginał (ang.) |
| Brookline Bancorp, Inc. (BRKL) Q4 2024 Earnings Call Transcript |
Brookline Bancorp, Inc. (NASDAQ:BRKL ) Q4 2024 Earnings Conference Call January 30, 2025 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 Steve Moss - Raymond James Laurie Hunsicker - Seaport Christopher O'Connell - KBW Operator Good afternoon and welcome to Brookline Bancorp, Inc.'s Fourth Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. |
seekingalpha.com |
2025-01-30 22:00:14 |
Czytaj oryginał (ang.) |
| Brookline (BRKL) Reports Q4 Earnings: What Key Metrics Have to Say |
While the top- and bottom-line numbers for Brookline (BRKL) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-01-29 23:30:28 |
Czytaj oryginał (ang.) |
| Brookline Bancorp (BRKL) Q4 Earnings and Revenues Lag Estimates |
Brookline Bancorp (BRKL) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.26 per share a year ago. |
zacks.com |
2025-01-29 20:45:15 |
Czytaj oryginał (ang.) |
| Brookline Bancorp Announces Fourth Quarter Results |
Net Income of $17.5 million , EPS of $0.20 Operating Earnings of $20.7 million , Operating EPS of $0.23 Quarterly Dividend of $0.135 BOSTON, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) (the “Company”) today announced net income of $17.5 million, or $0.20 per basic and diluted share, and excluding $3.4 million of merger-related charges, operating earnings after tax (non-GAAP) of $20.7 million, or $0.23 per basic and diluted share for the fourth quarter of 2024, compared to net income and operating earnings after tax (non-GAAP) of $20.1 million, or $0.23 per basic and diluted share, for the third quarter of 2024, and $22.9 million, or $0.26 per basic and diluted share, for the fourth quarter of 2023. For the year ended December 31, 2024, the Company reported net income of $68.7 million, or $0.77 per basic and diluted share, compared to $75.0 million, or $0.85 per basic and diluted share, for the year ended December 31, 2023. |
globenewswire.com |
2025-01-29 18:05:00 |
Czytaj oryginał (ang.) |
| Brookline Bancorp, Inc. Announces Fourth Quarter 2024 Earnings Release Date and Conference Call |
BOSTON, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) announced today that it will report fourth quarter 2024 earnings at the close of business on Wednesday, January 29, 2025. Management will host a conference call to review this information at 1:30 PM Eastern Time on Thursday, January 30, 2025. 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/129324302. 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 138268). 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 646121. The call will be available live or in a recorded version on the Company's website at www.brooklinebancorp.com. |
globenewswire.com |
2025-01-09 18:05:00 |
Czytaj oryginał (ang.) |
| KBRA Comments on Merger Agreement Between Berkshire Hills Bancorp, Inc. and Brookline Bancorp, Inc. |
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--On December 16, 2024, Berkshire Hills Bancorp, Inc. (NYSE: BHLB)(KBRA senior unsecured debt rating: BBB / Stable Outlook), the parent company of Berkshire Bank, and Brookline Bancorp, Inc. (NASDAQ: BRKL)(KBRA senior unsecured debt rating: BBB / Stable Outlook), the parent company of Brookline Bank, Bank Rhode Island, and PCSB Bank, announced a definitive agreement pursuant to which BRKL will merge with and into BHLB in an all-stock transaction valued at approximately. |
businesswire.com |
2024-12-17 15:35:00 |
Czytaj oryginał (ang.) |
| BHLB to Buy Brookline Bancorp for $1.14B, Expand Footprint |
Berkshire Hills Bancorp is set to buy BRKL, expanding its presence in the Northeast market. The deal is likely to be accretive to 2025 and 2026 earnings. |
zacks.com |
2024-12-17 13:40:37 |
Czytaj oryginał (ang.) |
| Best Momentum Stock to Buy for December 17th |
SUPV, ANF and BRKL made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 17, 2024. |
zacks.com |
2024-12-17 13:00:51 |
Czytaj oryginał (ang.) |
| Best Income Stocks to Buy for December 17th |
TRTX, WASH and BRKL made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 17, 2024. |
zacks.com |
2024-12-17 08:55:35 |
Czytaj oryginał (ang.) |
| SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Brookline Bancorp, Inc. - BRKL |
NEW YORK , Dec. 16, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Brookline Bancorp, Inc. (NASDAQ: BRKL ), relating to the proposed merger with Berkshire Hills Bancorp, Inc. Under the terms of the agreement, Brookline Bancorp shares will be converted into the right to receive 0.42 of a share of Berkshire Hills Bancorp common stock. |
prnewswire.com |
2024-12-16 17:06:00 |
Czytaj oryginał (ang.) |
| BRKL Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Brookline Bancorp, Inc. Is Fair to Shareholders |
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Brookline Bancorp, Inc. (NASDAQ: BRKL) to Berkshire Hills Bancorp, Inc. for 0.42 shares of Berkshire common stock for each share of Brookline common stock is fair to Brookline shareholders. Halper Sadeh encourages Brookline shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com o. |
businesswire.com |
2024-12-16 12:09:00 |
Czytaj oryginał (ang.) |
| Shareholder Alert: Ademi LLP Investigates Whether Brookline Bancorp, Inc. Is Obtaining a Fair Price for Its Public Shareholders |
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Brookline (NASDAQ: BRKL) for possible breaches of fiduciary duty and other violations of law in its transaction with Berkshire. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, each share of Brookline common stock will be converted into 0.42 shares of Berkshire common stock, or approx. |
businesswire.com |
2024-12-16 11:19:00 |
Czytaj oryginał (ang.) |
| Berkshire Hills Bancorp, Inc. and Brookline Bancorp, Inc. announce a Merger of Equals to create a Premier Northeast Banking Franchise |
Combination increases scale with $24 billion in assets, 148 branch offices and a longstanding history of serving clients and communities Highly compatible cultures, deep community ties and operating philosophies 0.42 Berkshire shares for each Brookline share; Berkshire's dividend expected to be increased to have a neutral impact on Brookline shareholders BOSTON , Dec. 16, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. ("Berkshire") (NYSE: BHLB), the parent company of Berkshire Bank ("Berkshire Bank"), and Brookline Bancorp, Inc. ("Brookline") (NASDAQ: BRKL), the parent company of Brookline Bank, Bank Rhode Island, and PCSB Bank (the "Banks"), today announced they have entered into a definitive agreement pursuant to which Brookline will merge with and into Berkshire in an all-stock transaction valued at approximately $1.1 billion, or $12.68 per share of Brookline common stock, based on the $30.20 closing price of Berkshire common stock on December 13, 2024. In conjunction with the planned merger, Berkshire also announced that it has entered into subscription agreements with investors to raise capital to support the merger. |
prnewswire.com |
2024-12-16 10:30:00 |
Czytaj oryginał (ang.) |
| New Strong Buy Stocks for December 6th |
SCSC, BRKL, CSIQ, UNTY and SBFG have been added to the Zacks Rank #1 (Strong Buy) List on December 6, 2024. |
zacks.com |
2024-12-06 09:11:19 |
Czytaj oryginał (ang.) |
| Best Income Stocks to Buy for December 6th |
BRKL, SBFG and PFIS made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 6, 2024. |
zacks.com |
2024-12-06 06:36:10 |
Czytaj oryginał (ang.) |
| New Strong Buy Stocks for November 29th |
MKTAY, ASRT, CHH, DRS and BRKL have been added to the Zacks Rank #1 (Strong Buy) List on November 29, 2024. |
zacks.com |
2024-11-29 08:36:09 |
Czytaj oryginał (ang.) |
| Best Income Stocks to Buy for November 29th |
BRKL and MNR made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 29, 2024. |
zacks.com |
2024-11-29 08:20:34 |
Czytaj oryginał (ang.) |
| Brookline Bancorp: Raising The Earnings Estimate And Maintaining A Buy Rating |
The operating environment in Massachusetts, Rhode Island, and New York continues to be satisfactory. This will sustain loan growth at a somewhat low level. The margin will continue to expand as the yield curve normalizes and the Fed funds rate declines. The December 2025 target price suggests a small price upside. |
seekingalpha.com |
2024-11-23 01:07:00 |
Czytaj oryginał (ang.) |
| Here's Why Brookline (BRKL) Is a Great 'Buy the Bottom' Stock Now |
Brookline (BRKL) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term. |
zacks.com |
2024-11-21 12:56:25 |
Czytaj oryginał (ang.) |
| Brookline Bancorp (BRKL) is a Great Momentum Stock: Should You Buy? |
Does Brookline Bancorp (BRKL) have what it takes to be a top stock pick for momentum investors? Let's find out. |
zacks.com |
2024-11-07 15:00:50 |
Czytaj oryginał (ang.) |
| Earnings Estimates Rising for Brookline (BRKL): Will It Gain? |
Brookline (BRKL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. |
zacks.com |
2024-10-28 15:20:14 |
Czytaj oryginał (ang.) |
| Brookline (BRKL) Upgraded to Strong Buy: Here's Why |
Brookline (BRKL) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2024-10-28 15:01:17 |
Czytaj oryginał (ang.) |
| Brookline Bancorp, Inc. (BRKL) Q3 2024 Earnings Call Transcript |
Brookline Bancorp, Inc. (NASDAQ:BRKL ) Q3 2024 Earnings Conference Call October 24, 2024 1:30 PM ET Company Participants Laura Vaughn - Attorney Paul Perrault - Chairman and Chief Executive Officer Carl Carlson - Co-President and Chief Financial Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler Laurie Hunsicker - Seaport Christopher O'Connell - KBW Steve Moss - Raymond James Operator Good afternoon, and welcome to Brookline Bancorp, Inc's. Third Quarter 2024 Earnings Conference Call. |
seekingalpha.com |
2024-10-24 23:42:05 |
Czytaj oryginał (ang.) |
| Compared to Estimates, Brookline (BRKL) Q3 Earnings: A Look at Key Metrics |
While the top- and bottom-line numbers for Brookline (BRKL) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2024-10-24 00:05:24 |
Czytaj oryginał (ang.) |
| Brookline Bancorp (BRKL) Tops Q3 Earnings and Revenue Estimates |
Brookline Bancorp (BRKL) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.26 per share a year ago. |
zacks.com |
2024-10-23 22:41:13 |
Czytaj oryginał (ang.) |