Brookline Bancorp (BRKL) Expected to Announce Quarterly Earnings on Wednesday

Brookline Bancorp (NASDAQ:BRKLGet Free Report) is expected to be announcing its Q2 2025 earnings results after the market closes on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.25 per share and revenue of $94.90 million for the quarter.

Brookline Bancorp (NASDAQ:BRKLGet Free Report) last issued its earnings results on Wednesday, April 23rd. The bank reported $0.22 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.01). Brookline Bancorp had a net margin of 11.22% and a return on equity of 6.32%. The firm had revenue of $91.49 million during the quarter, compared to the consensus estimate of $91.38 million. 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 2.9%

Shares of NASDAQ:BRKL opened at $10.88 on Wednesday. Brookline Bancorp has a 52 week low of $9.24 and a 52 week high of $13.15. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.09 and a current ratio of 1.09. The company has a market capitalization of $969.52 million, a PE ratio of 13.27 and a beta of 0.88. The company has a 50 day moving average price of $10.65 and a two-hundred day moving average price of $11.02.

Brookline Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Friday, May 9th were paid a $0.135 dividend. This represents a $0.54 annualized dividend and a yield of 4.96%. The ex-dividend date of this dividend was Friday, May 9th. Brookline Bancorp’s payout ratio is presently 65.85%.

Hedge Funds Weigh In On Brookline Bancorp

Several hedge funds have recently bought and sold shares of BRKL. Jane Street Group LLC acquired a new position in Brookline Bancorp during the 1st quarter worth approximately $2,114,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Brookline Bancorp by 17.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 174,573 shares of the bank’s stock worth $1,903,000 after purchasing an additional 26,218 shares in the last quarter. Empowered Funds LLC increased its position in Brookline Bancorp by 1.9% during the 1st quarter. Empowered Funds LLC now owns 259,902 shares of the bank’s stock worth $2,833,000 after purchasing an additional 4,772 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Brookline Bancorp by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,433 shares of the bank’s stock worth $572,000 after purchasing an additional 2,294 shares in the last quarter. Finally, Focus Partners Wealth boosted its position in Brookline Bancorp by 9.9% during the 1st quarter. Focus Partners Wealth now owns 11,243 shares of the bank’s stock worth $123,000 after buying an additional 1,010 shares during the period. 78.91% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen assumed coverage on shares of Brookline Bancorp in a research report on Monday, May 19th. They set a “hold” rating for the company.

Check Out Our Latest Stock Analysis on Brookline Bancorp

About Brookline Bancorp

(Get Free Report)

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.

See Also

Earnings History for Brookline Bancorp (NASDAQ:BRKL)

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