Brookline (BRKL) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - Brookline Bancorp (BRKL) reported revenue of $91.49 million for the quarter ended March 2025, reflecting a year-over-year increase of 4.1% [1] - Earnings per share (EPS) for the quarter was $0.22, up from $0.16 in the same quarter last year, but below the consensus estimate of $0.23, resulting in an EPS surprise of -4.35% [1] - The reported revenue was also below the Zacks Consensus Estimate of $94.92 million, leading to a revenue surprise of -3.61% [1] Financial Metrics - Efficiency Ratio stood at 65.6%, slightly better than the average estimate of 65.8% based on three analysts [4] - Net Interest Margin was reported at 3.2%, matching the average estimate from three analysts [4] - Average Balance of Total Interest-Earning Assets was $10.88 billion, below the average estimate of $11.11 billion from two analysts [4] - Total Non-Interest Income was $5.66 million, lower than the average estimate of $6.56 million from three analysts [4] - Net Interest Income was $85.83 million, compared to the average estimate of $87.47 million from three analysts [4] - Gain on sales of loans and leases was $0.02 million, significantly below the average estimate of $0.43 million from two analysts [4] - Loan fees were reported at $0.39 million, under the average estimate of $0.60 million from two analysts [4] - Deposit fees were $2.36 million, slightly above the average estimate of $2.31 million from two analysts [4] - Loan level derivative income, net, was $0.07 million, compared to the average estimate of $0.40 million from two analysts [4] Stock Performance - Brookline's shares have returned -9.4% over the past month, compared to a -6.6% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]