Brookline Bancorp (NASDAQ:BRKL) is set to release its earnings data after the market closes on Wednesday, April 24th. Analysts expect Brookline Bancorp to post earnings of $0.27 per share for the quarter.
Brookline Bancorp (NASDAQ:BRKL) last posted its earnings results on Wednesday, January 30th. The bank reported $0.27 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.27. The company had revenue of $69.62 million for the quarter, compared to analyst estimates of $68.10 million. Brookline Bancorp had a return on equity of 9.58% and a net margin of 24.49%. On average, analysts expect Brookline Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Brookline Bancorp stock opened at $15.00 on Wednesday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.01. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 14.02 and a beta of 0.91. Brookline Bancorp has a fifty-two week low of $12.84 and a fifty-two week high of $19.35.
Several research firms have weighed in on BRKL. BidaskClub raised Brookline Bancorp from a “strong sell” rating to a “sell” rating in a report on Friday, March 29th. Zacks Investment Research raised Brookline Bancorp from a “sell” rating to a “hold” rating in a report on Tuesday, January 1st. ValuEngine lowered Brookline Bancorp from a “hold” rating to a “sell” rating in a report on Friday, March 15th. Sandler O’Neill lowered Brookline Bancorp from a “buy” rating to a “hold” rating and set a $17.00 target price on the stock. in a report on Wednesday, February 13th. Finally, Compass Point lowered Brookline Bancorp from a “buy” rating to a “neutral” rating in a report on Tuesday, January 8th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $17.50.
Brookline Bancorp Company Profile
Brookline Bancorp, Inc operates as the holding company for Brookline Bank, Bank Rhode Island, First Ipswich Bank, and Brookline Securities Corp that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include non-interest-bearing demand checking accounts, NOW accounts, savings accounts, and money market accounts, as well as commercial, municipal, and retail deposits.
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