Brookline Bancorp, Inc. (NASDAQ:BRKL) Q2 2024 Earnings Conference Call July 25, 2024 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 Laurie Hunsicker - Seaport Research Chris O'Connell - KBW Operator Good afternoon, and welcome to Brookline Bancorp Inc's Second Quarter 2024 Earnings Conference Call. All participants will be in listen-on ...

This quarterly report represents an earnings surprise of 5.56%. A quarter ago, it was expected that this bank holding company would post earnings of $0.22 per share when it actually produced earnings of $0.16, delivering a surprise of -27.27%. Brookline, which belongs to the Zacks Financial - Savings and Loan industry, posted revenues of $86.4 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 3.36%. This compares to year-ago revenues of $91.5 million. The company has topped co ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------------------|-------------|---------|-------|---------|-------|---------|-------|---------| | | | | | | | | | | | PROVISION AND ALLOWANCE FOR LOAN AND LEASE LOSSES: | | | | | | | | | | Allowance for loan and lease losses at beginning of period $ | 120,124 $ | 117,522 | $ | 119,081 | $ | 125,817 | $ | 120,865 | BROOKLINE BANCORP, INC. AND SUBSIDIARIES Asset Quality Analysis (Unaudited) | --- | --- | - ...

This bank holding company is expected to post quarterly earnings of $0.18 per share in its upcoming report, which represents a year-over-year change of -30.8%. Revenues are expected to be $90.67 million, down 0.9% from the year-ago quarter. For Brookline, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on BRKL going forward t ...

33 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------|-------|-------|-------|-------|-------------------------------------------|-------------------------|------------------------|-------|---------| | | Level | 1 | | | Carrying Value as \nLevel 2 \n(In | of March \nThousands) | 31, 2024 \nLevel 3 | | Total | | Assets: | | | | | | | | | | | Investment securities available-for-sale: | | | | | | | | | | | GSE debentures | $ | — | | $ | ...

Brookline Bancorp, Inc. (NASDAQ:BRKL) Q1 2024 Earnings Conference Call April 25, 2024 1:30 PM ET Company Participants Laura Vaughn - Attorney Paul A. Perrault - Chairman & Chief Executive Officer Carl M. Carlson - Co-President & Chief Financial Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler Steve Moss - Raymond James Laurie Hunsicker - Seaport Research Chris O'Connell - KBW Operator Good afternoon, and welcome to Brookline Bancorp, Inc.'s First Quarter 2024 Earnings Conference Call. Al ...

B BROOKLINE 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 statements in other documents we file with the Securities and Exchange Commission ...

Brookline Bancorp (BRKL) reported $87.87 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 11.2%. EPS of $0.16 for the same period compares to $0.27 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $91.77 million, representing a surprise of -4.24%. The company delivered an EPS surprise of -27.27%, with the consensus EPS estimate being $0.22.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

Return on average tangible assets (annualized) 0.53% 0.83% 0.83% 0.79% 0.28% | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------------------------|-------|-----------|-------|-----------|-------|-----------|-------|-----------|-------|-----------| | | | | | | | | | | | | | Average total stockholders' equity | $ | 1,201,904 | $ | 1,170,776 | $ | 1,167,727 | $ | 1,174,167 | $ | 1,159,635 | | Less: Average goodwill and average identified int ...

Investors might want to bet on Brookline Bancorp (BRKL) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a ...