Brookline Bancorp(BRKL)

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Brookline Bancorp, Inc. Announces Fourth Quarter 2024 Earnings Release Date and Conference Call
Globenewswire· 2025-01-09 21:05
Core Points - Brookline Bancorp, Inc. will report its fourth quarter 2024 earnings on January 29, 2025, with a conference call scheduled for January 30, 2025 [1] - The company has $11.9 billion in assets and operates branches in Massachusetts, Rhode Island, and New York [2] Company Overview - Brookline Bancorp, Inc. is a multi-bank holding company that includes Brookline Bank, Bank Rhode Island, and PCSB Bank [2] - The company offers a variety of banking services, including commercial, business, and retail banking, as well as cash management products and online banking services [2] - Additional services include consumer and residential loans, equipment financing through Eastern Funding, and wealth management through Clarendon Private [2]
Best Income Stocks to Buy for December 17th
ZACKS· 2024-12-17 11:55
Group 1: TPG RE Finance Trust (TRTX) - TPG RE Finance Trust is a commercial real estate finance company focusing on originating, acquiring, and managing commercial mortgage loans and related debt instruments [1] - The Zacks Consensus Estimate for its current year earnings has increased by 1.8% over the last 60 days [1] Group 2: Washington Trust Bancorp (WASH) - Washington Trust Bancorp is a registered bank holding company engaged in banking and financial services [2] - The company has a dividend yield of 10.6%, significantly higher than the industry average of 0.0% [2] - The Zacks Consensus Estimate for its current year earnings has increased nearly 4.6% over the last 60 days [2] Group 3: Brookline Bancorp (BRKL) - Brookline Bancorp is a bank holding company providing commercial, business, and retail banking services [3] - The company has a dividend yield of 6.4%, compared to the industry average of 2.4% [3] - The Zacks Consensus Estimate for its current year earnings has increased nearly 6.5% over the last 60 days [3] Group 4: General Dividend Information - The average dividend yield for the companies mentioned is significantly higher than their respective industry averages [2][3][4]
Best Income Stocks to Buy for December 6th
ZACKS· 2024-12-06 09:36
Core Insights - Three stocks are highlighted with a buy rank and strong income characteristics for investors to consider on December 6 Group 1: Brookline Bancorp, Inc. (BRKL) - Brookline Bancorp has seen a 6.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - The company has a dividend yield of 4.2%, which is higher than the industry average of 2.9% [2] Group 2: SB Financial Group, Inc. (SBFG) - SB Financial Group has experienced a 4% increase in the Zacks Consensus Estimate for its current year earnings in the past 60 days [2] - The company offers a dividend yield of 2.7%, surpassing the industry average of 2.4% [3] Group 3: Peoples Financial Services Corp. (PFIS) - Peoples Financial Services has seen a 6.8% increase in the Zacks Consensus Estimate for its next year earnings over the last 60 days [3] - The company has a dividend yield of 4.5%, compared to the industry average of 2.4% [4]
Best Income Stocks to Buy for November 29th
ZACKS· 2024-11-29 11:20
Group 1 - Brookline Bancorp, Inc. (BRKL) has seen a 6.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Brookline Bancorp, Inc. offers a dividend yield of 4.2%, which is higher than the industry average of 3.0% [2] - Mach Natural Resources LP (MNR) has experienced a 4.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Mach Natural Resources LP (MNR) has a dividend yield of 15.5%, significantly above the industry average of 0.0% [3]
Here's Why Brookline (BRKL) Is a Great 'Buy the Bottom' Stock Now
ZACKS· 2024-11-21 15:56
Core Viewpoint - Brookline Bancorp (BRKL) has experienced a 5.4% decline in shares over the past week, but the formation of a hammer chart pattern suggests potential support and a possible trend reversal in the future [1] Group 1: Technical Indicators - The hammer chart pattern indicates a potential bottoming out, with reduced selling pressure and a possible shift in control from bears to bulls [2] - The hammer pattern forms when there is a small candle body with a long lower wick, signaling that buying interest has emerged after a new low during a downtrend [2] Group 2: Fundamental Indicators - There has been a positive trend in earnings estimate revisions for BRKL, with a 6.5% increase in the consensus EPS estimate over the last 30 days, indicating strong agreement among analysts about improved earnings potential [3] - BRKL holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks, which typically outperform the market [3] - The Zacks Rank serves as a timing indicator, suggesting that the company's prospects are beginning to improve, reinforcing the bullish case for BRKL [3]
Brookline Bancorp (BRKL) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-11-07 18:00
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Brookline Bancorp (BRKL) - Brookline Bancorp currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting it is expected to outperform the market [3] Performance Metrics - Over the past week, BRKL shares increased by 3.78%, while the Zacks Financial - Savings and Loan industry rose by 0.53% [5] - In a longer timeframe, BRKL's monthly price change is 26.88%, significantly outperforming the industry's 9.44% [5] - Over the last quarter, BRKL shares have risen by 31.02%, and by 42.24% over the past year, compared to the S&P 500's increases of 13.52% and 37.4%, respectively [6] Trading Volume - The average 20-day trading volume for BRKL is 569,307 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, three earnings estimates for BRKL have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $0.77 to $0.82 [9] - For the next fiscal year, three estimates have also moved upwards without any downward revisions [9] Conclusion - Given the strong performance metrics and positive earnings outlook, BRKL is positioned as a promising investment opportunity with a Momentum Score of A [9]
Brookline Bancorp(BRKL) - 2024 Q3 - Quarterly Report
2024-11-06 19:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from N/A to . Commission file number 0-23695 BROOKLINE BANCORP, INC. (Exact name of registrant as specified in its charter) Delaware 04-3402944 (State or other j ...
Earnings Estimates Rising for Brookline (BRKL): Will It Gain?
ZACKS· 2024-10-28 17:20
Core Viewpoint - Brookline Bancorp (BRKL) shows a significantly improving earnings outlook, making it a strong investment choice as analysts continue to raise earnings estimates for the company [1][2]. Earnings Estimates - The upward trend in earnings estimate revisions indicates growing analyst optimism regarding Brookline's earnings prospects, which is expected to positively impact its stock price [2]. - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a proven track record, with Zacks 1 Ranked stocks averaging a +25% annual return since 2008 [3][6]. - For the current quarter, Brookline is expected to earn $0.24 per share, reflecting a -7.69% change from the previous year, with a 14.29% increase in the Zacks Consensus Estimate over the last 30 days due to two upward revisions [4]. - The full-year earnings estimate stands at $0.81 per share, showing a -22.86% change from the prior year, with a 5.65% increase in the consensus estimate driven by two upward revisions [5]. Zacks Rank and Performance - Brookline currently holds a Zacks Rank 1 (Strong Buy) due to favorable estimate revisions, which is a reliable indicator for investors [5]. - Stocks with Zacks Rank 1 and 2 (Buy) have been shown to significantly outperform the S&P 500 [6]. Market Performance - Brookline shares have increased by 9% over the past four weeks, indicating investor confidence in the company's earnings growth prospects [7].
Brookline Bancorp(BRKL) - 2024 Q3 - Earnings Call Presentation
2024-10-25 00:38
October 24, 2024 3Q 2024 Financial Results BROOKLINE BANCORP B 1 Forward Looking Statements Certain statements contained in this press release that are not historical facts may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We may also make forward-looking s ...
Brookline Bancorp(BRKL) - 2024 Q3 - Earnings Call Transcript
2024-10-24 23:42
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. [Oper ...