Brief: Brookline Bancorp Q2 EPS USD 0.25

Brookline Bancorp

23/07/2025 21:06

Overview

Brookline Bancorp Q2 net income rises to $22 mln, EPS $0.25

Net interest income for Q2 increases due to lower funding costs and higher yields on loans and leases

Company announces quarterly dividend at $0.135 per share

Outlook

Company sees continued stress in Boston office sector affecting provisions

Result Drivers

C&I PORTFOLIO GROWTH - Growth in commercial and industrial portfolio and deposits contributed to "solid" earnings

DEPOSIT INCREASE - Increase in customer deposits helped drive financial performance

NET INTEREST MARGIN EXPANSION - Lower funding costs and higher yields on loans and leases expanded net interest margin

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.25
Q2 Net Income
$22.03 mln
Q2 Net Interest Income
$88.685 mln
Q2 Dividend
$0.135


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Brookline Bancorp Inc is $14.50, about 23.7% above its July 22 closing price of $11.07

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nGNX1gyHY7

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)