Brookline Bancorp (BRKL) to Release Earnings on Wednesday

Brookline Bancorp (NASDAQ:BRKL) is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.23 per share and revenue of $91.38 million for the quarter.

Brookline Bancorp (NASDAQ:BRKL) last announced its quarterly earnings results on Wednesday, January 29th. The bank reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). Brookline Bancorp had a return on equity of 5.94% and a net margin of 10.51%. On average, analysts expect Brookline Bancorp to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Brookline Bancorp Stock Down 1.4 %

Shares of BRKL opened at $9.75 on Tuesday. The company has a current ratio of 1.12, a quick ratio of 1.13 and a debt-to-equity ratio of 1.24. The firm has a market cap of $877.11 million, a P/E ratio of 12.66 and a beta of 0.71. The company’s 50-day moving average price is $10.87 and its 200 day moving average price is $11.49. Brookline Bancorp has a 12-month low of $8.01 and a 12-month high of $13.15.

Brookline Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.135 dividend. This represents a $0.54 dividend on an annualized basis and a dividend yield of 5.54%. The ex-dividend date was Friday, February 14th. Brookline Bancorp’s dividend payout ratio (DPR) is currently 70.13%.

Analysts Set New Price Targets

BRKL has been the topic of several recent research reports. StockNews.com started coverage on Brookline Bancorp in a report on Thursday, April 17th. They set a “hold” rating on the stock. Keefe, Bruyette & Woods cut shares of Brookline Bancorp from an “outperform” rating to a “market perform” rating and set a $14.50 target price on the stock. in a report on Tuesday, December 24th.

Brookline Bancorp Company Profile

Brookline Bancorp, Inc operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include demand checking, NOW, money market, and savings accounts. The company’s loan portfolio primarily 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 for small businesses; financing for construction and development projects; and home equity and other consumer loans.