Seaport Res Ptn Has Negative Estimate for BRKL Q1 Earnings

Brookline Bancorp, Inc. (NASDAQ:BRKL) – Equities research analysts at Seaport Res Ptn cut their Q1 2025 EPS estimates for shares of Brookline Bancorp in a research report issued to clients and investors on Monday, February 3rd. Seaport Res Ptn analyst L. Hunsicker now expects that the bank will post earnings of $0.23 per share for the quarter, down from their previous estimate of $0.25. The consensus estimate for Brookline Bancorp’s current full-year earnings is $1.09 per share. Seaport Res Ptn also issued estimates for Brookline Bancorp’s Q3 2025 earnings at $0.29 EPS, Q4 2025 earnings at $0.32 EPS and FY2025 earnings at $1.11 EPS.

Brookline Bancorp (NASDAQ:BRKL) last announced its earnings results on Wednesday, January 29th. The bank reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.01). Brookline Bancorp had a net margin of 10.51% and a return on equity of 5.94%.

A number of other research analysts also recently commented on the stock. StockNews.com assumed coverage on shares of Brookline Bancorp in a research note on Tuesday. They set a “hold” rating for the company. Keefe, Bruyette & Woods downgraded shares of Brookline Bancorp from an “outperform” rating to a “market perform” rating and set a $14.50 price objective for the company. in a research note on Tuesday, December 24th. Finally, Raymond James raised shares of Brookline Bancorp from a “market perform” rating to a “strong-buy” rating and set a $16.00 price objective for the company in a research note on Friday, December 20th.

Brookline Bancorp Trading Up 0.9 %

Shares of BRKL stock opened at $12.69 on Thursday. Brookline Bancorp has a twelve month low of $8.01 and a twelve month high of $13.15. The firm has a 50-day moving average price of $12.08 and a 200 day moving average price of $11.11. The company has a current ratio of 1.12, a quick ratio of 1.13 and a debt-to-equity ratio of 1.24. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 16.48 and a beta of 0.79.

Brookline Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a dividend yield of 4.26%. The ex-dividend date is Friday, February 14th. Brookline Bancorp’s payout ratio is currently 70.13%.

Institutional Trading of Brookline Bancorp

A number of institutional investors have recently modified their holdings of BRKL. JPMorgan Chase & Co. grew its holdings in shares of Brookline Bancorp by 109.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 647,100 shares of the bank’s stock worth $6,529,000 after purchasing an additional 338,050 shares during the period. Assenagon Asset Management S.A. grew its holdings in shares of Brookline Bancorp by 67.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 642,651 shares of the bank’s stock worth $6,484,000 after purchasing an additional 258,267 shares during the period. Jennison Associates LLC grew its holdings in shares of Brookline Bancorp by 7.7% during the 4th quarter. Jennison Associates LLC now owns 3,133,365 shares of the bank’s stock worth $36,974,000 after purchasing an additional 224,888 shares during the period. Barclays PLC grew its holdings in shares of Brookline Bancorp by 99.8% during the 3rd quarter. Barclays PLC now owns 212,904 shares of the bank’s stock worth $2,149,000 after purchasing an additional 106,345 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of Brookline Bancorp during the 4th quarter worth about $744,000. Hedge funds and other institutional investors own 78.91% of the company’s stock.

About Brookline Bancorp

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.