Brookline Ban Earnings Calls

Mar 31, 2025
$0.220 (-4.35%)
Release date Apr 23, 2025
EPS estimate $0.230
EPS actual $0.220
EPS Surprise -4.35%
Revenue estimate 94.465M
Revenue actual 159.376M
Revenue Surprise 68.71%
Dec 31, 2024
$0.230 (-4.17%)
Release date Jan 29, 2025
EPS estimate $0.240
EPS actual $0.230
EPS Surprise -4.17%
Revenue estimate 90.659M
Revenue actual 91.679M
Revenue Surprise 1.13%
Sep 30, 2024
$0.230 (15.00%)
Release date Oct 23, 2024
EPS estimate $0.200
EPS actual $0.230
EPS Surprise 15.00%
Revenue estimate 82.49M
Revenue actual 89.528M
Revenue Surprise 8.53%
Jun 30, 2024
Release date Jul 24, 2024
EPS estimate $0.180
EPS actual $0.180
Revenue estimate 81.66M
Revenue actual 80.829M
Revenue Surprise -1.02%

Last 4 Quarters for Brookline Ban

Below you can see how BRKL performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.

Jun 30, 2024
Release date Jul 24, 2024
Price on release $10.28
EPS estimate $0.180
EPS actual $0.180
Date Price
Jul 18, 2024 $10.07
Jul 19, 2024 $10.05
Jul 22, 2024 $10.25
Jul 23, 2024 $10.46
Jul 24, 2024 $10.28
Jul 25, 2024 $10.42
Jul 26, 2024 $10.50
Jul 29, 2024 $10.41
Jul 30, 2024 $10.54
4 days before 2.09%
4 days after 2.53%
On release day 1.36%
Change in period 4.67%
Sep 30, 2024 Beat
Release date Oct 23, 2024
Price on release $10.49
EPS estimate $0.200
EPS actual $0.230
EPS surprise 15.00%
Date Price
Oct 17, 2024 $10.85
Oct 18, 2024 $10.76
Oct 21, 2024 $10.38
Oct 22, 2024 $10.45
Oct 23, 2024 $10.49
Oct 24, 2024 $10.54
Oct 25, 2024 $10.86
Oct 28, 2024 $11.26
Oct 29, 2024 $11.29
4 days before -3.32%
4 days after 7.63%
On release day 0.477%
Change in period 4.06%
Dec 31, 2024 Missed
Release date Jan 29, 2025
Price on release $12.05
EPS estimate $0.240
EPS actual $0.230
EPS surprise -4.17%
Date Price
Jan 23, 2025 $11.92
Jan 24, 2025 $11.96
Jan 27, 2025 $12.08
Jan 28, 2025 $12.08
Jan 29, 2025 $12.05
Jan 30, 2025 $12.29
Jan 31, 2025 $12.23
Feb 03, 2025 $12.06
Feb 04, 2025 $12.52
4 days before 1.09%
4 days after 3.90%
On release day 1.99%
Change in period 5.03%
Mar 31, 2025 Missed
Release date Apr 23, 2025
Price on release $10.20
EPS estimate $0.230
EPS actual $0.220
EPS surprise -4.35%
Date Price
Apr 16, 2025 $9.80
Apr 17, 2025 $9.89
Apr 21, 2025 $9.75
Apr 22, 2025 $10.07
Apr 23, 2025 $10.20
Apr 24, 2025 $10.44
Apr 25, 2025 $10.26
Apr 28, 2025 $10.39
Apr 29, 2025 $10.53
4 days before 4.08%
4 days after 3.24%
On release day 2.35%
Change in period 7.45%

Brookline Ban Earnings Call Transcript Summary of Q1 2025

Summary of Key Points from Brookline Bancorp's Q1 2025 Earnings Call for Investors

1. Earnings Performance:

  • Brookline Bancorp reported operating earnings of $20 million or $0.22 per share. On a GAAP basis, the net income was $19.1 million, resulting in earnings per share of $0.21, after accounting for merger charges of $971,000.

2. Loan Portfolio Changes:

  • The loan portfolio contracted by $130.6 million, primarily due to a strategic reduction in commercial real estate exposures.
  • The specialty vehicle portfolio continued to run off, following an exit from that segment last year, while there was growth in general commercial and industrial (C&I) loans.

3. Deposits and Margins:

  • Customer deposits increased by $113.8 million, with a concurrent improvement in the net interest margin of 10 basis points to 3.22%. This was attributed to lower funding costs, despite a decrease in average interest-earning assets.

4. Outlook on Interest Rates:

  • Expectations for net interest margin improvement continue throughout 2025, though the ongoing volatility and uncertainty in market rates are acknowledged. Projected increases of 4 to 8 basis points for Q2 are based on current market conditions.

5. Previous Guidance Acknowledged:

  • Loan growth is expected to remain in the low single digits for the year, while deposit growth is anticipated at 4% to 5%. Noninterest income is estimated to range between $5 million and $6.5 million per quarter.

6. Merger with Berkshire Hills Bancorp:

  • The merger process is proceeding smoothly, with regulatory applications filed and stockholder meetings scheduled for May 21. The merger is expected to close in February 2026.
  • Conversion planning is well underway, with the core banking platform determined.

7. Credit Quality:

  • The company reported $7.6 million in net charge-offs and an overall increase in reserve coverage to 129 basis points of total loans, with the majority of charge-offs originating from a single food manufacturing loan impacted by a leverage buyout.

8. Dividend Information:

  • The quarterly dividend has been maintained at $0.135 per share, set to be paid on May 23 to stockholders of record on May 9.

9. Forward-Looking Statements:

  • Management emphasized the need for adaptability amid economic uncertainties including interest rates and potential tariffs impacting loan markets, all the while projecting cautious optimism regarding new C&I lending.

10. Investor Considerations:

  • Investors should monitor ongoing developments surrounding the merger, potential impacts of interest rates on net interest margins, and the evolving economic backdrop that may affect credit quality and loan growth.

This summary provides essential insights for investors into Brookline Bancorp’s financial performance, strategic direction, and market outlook based on the recent earnings call.

Brookline Ban Earnings History

Earnings Calendar

FAQ

When is the earnings report for BRKL?
Brookline Bancorp (BRKL) has scheduled its earnings report for Jul 23, 2025 before the markets open.

What is the BRKL price-to-earnings (P/E) ratio?
BRKL P/E ratio as of Jun 20, 2025 (TTM) is 12.21.

What is the BRKL EPS forecast?
The forecasted EPS (Earnings Per Share) for Brookline Bancorp (BRKL) for the first fiscal quarter 2025 is $0.250.

What are Brookline Bancorp's retained earnings?
On its balance sheet, Brookline Bancorp reported retained earnings of $159.38 million for the latest quarter ending Mar 31, 2025.

What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.

Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.

What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
Click to get the best stock tips daily for free!
ABOUT BROOKLINE BANCORP
Brookline Ban
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; loa...
GOLDEN STAR
Ticker Change Signal Date
G
GTM
$9.57
2.40% Jun 02
TAC
$8.90
23.37% May 12
IMMR
$7.28
4.81% May 09
UAA
$5.84
20.38% May 09
MEDP
$300.81
2.84% May 08

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE