January 25, 2024 B 1 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 C ...

For the quarter ended December 2023, Brookline Bancorp (BRKL) reported revenue of $91.58 million, up 2.8% over the same period last year. EPS came in at $0.26, compared to $0.39 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $89.38 million, representing a surprise of +2.46%. The company delivered an EPS surprise of +13.04%, with the consensus EPS estimate being $0.23.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Brookline Bancorp (BRKL) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.04%. A quarter ago, it was expected that this bank holding company would post earnings of $0.27 per share when it actually produced earnings of $0.26, delivering a surprise of -3.70%.Over the last four quarter ...

Mona Macero Will Become Chief Digital Officer of Brookline Bancorp, Inc. Kelly Bressette Will Become Director of Operations BOSTON, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Brookline Bancorp (NASDAQ:BRKL) Co-President and Chief Operating Officer Michael McCurdy announced today three key changes affecting leadership positions at Brookline Bancorp, Inc. (the "Company"). After fifteen years as the Company's Chief Operations Officer, James Cosman will retire effective April 1, 2024. Cosman will remain with the Company ...

The upcoming report from Brookline Bancorp (BRKL) is expected to reveal quarterly earnings of $0.23 per share, indicating a decline of 41% compared to the year-ago period. Analysts forecast revenues of $89.38 million, representing an increase of 0.3% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company announces its earnings, it ...

Consumer Loans The consumer loan portfolio, which is composed of residential mortgage loans, home equity loans and lines of credit, and other consumer loans, represented 15.6% of total loans outstanding as of September 30, 2023. The Company focuses its mortgage and home equity lending on existing and new customers within its branch networks in its urban and suburban marketplaces in the greater Boston, Lower Hudson Valley of New York, and Providence metropolitan areas. Table of Contents Criticized and Classi ...

Deposits B Floating (<3m) 21% Adj. 42% Fixed 37% Cumulative Net Interest Income Change by Quarter 09/30/2023 Flat Balance Sheet, simulations reflect a product weighted beta of 39% on total deposits. 22 Deposit and Funding Betas - Percentage Change in Cost versus Change in Federal Funds Rate The Federal Reserve began increasing the Federal Funds rate in March 2022 and has increased rates 525 basis points through September 2023. Q1'22: 0.25% Q2'22: 1.25% Q3'22: 1.50% Q4'22: 1.25% Q1'23: 0.50% Q2'23: 0.25% Q3' ...

Brookline Bancorp, Inc. (NASDAQ:BRKL) Q3 2023 Earnings Conference Call October 26, 2023 1:30 PM ET Company Participants Laura Vaughn - Attorney Paul Perrault - Chairman and CEO Carl Carlson - Co-President and CFO Conference Call Participants Mark Fitzgibbon - Piper Sandler Nick Cucharale - Hovde Group Steve Moss - Raymond James Laurie Hunsicker - Seaport Research Partners Christopher O'Connell - KBW Operator Good afternoon, and welcome to the Brookline Bancorp, Inc.'s Third Quarter 2023 Earnings Conference ...

Notes to Unaudited Consolidated Financial Statements (Continued) On January 1, 2023, the Company completed its previously announced acquisition (the "merger") of PCSB Financial Corporation ("PCSB"). Pursuant to the merger agreement, each share of PCSB common stock outstanding at the effective time of the merger was converted into the right to receive, at the holder's election, either $22.00 in cash consideration or 1.3284 shares of Company common stock for each share of PCSB common stock, subject to allocat ...

Brookline Bancorp, Inc. (NASDAQ:BRKL) Q2 2023 Earnings Conference Call July 27, 2023 1:30 PM ET Company Participants Laura Vaughn - Attorney Paul Perrault - Chairman & CEO Carl Carlson - Co-President & CFO Conference Call Participants Mark Fitzgibbon - Piper Sandler & Co. Stephen Moss - Raymond James & Associates Christopher O'Connell - KBW Operator Good afternoon, and welcome to the Brookline Bancorp, Inc.'s Second Quarter 2023 Earnings Conference Call. [Operator Instructions]. I would now like to turn the ...