Seaport Res Ptn Has Pessimistic Outlook of BRKL Q1 Earnings

Brookline Bancorp, Inc. (NASDAQ:BRKL) – Investment analysts at Seaport Res Ptn cut their Q1 2025 earnings per share (EPS) estimates for shares of Brookline Bancorp in a research note issued on Monday, February 3rd. Seaport Res Ptn analyst L. Hunsicker now anticipates 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 issued its quarterly earnings data on Wednesday, January 29th. The bank reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). Brookline Bancorp had a net margin of 10.51% and a return on equity of 5.94%.

BRKL has been the topic of several other reports. StockNews.com initiated coverage on Brookline Bancorp in a report on Tuesday. They set a “hold” rating on the stock. Keefe, Bruyette & Woods lowered Brookline Bancorp from an “outperform” rating to a “market perform” rating and set a $14.50 price target on the stock. in a research report on Tuesday, December 24th. Finally, Raymond James upgraded 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 report on Friday, December 20th.

Brookline Bancorp Trading Up 0.5 %

Shares of NASDAQ BRKL opened at $12.58 on Thursday. Brookline Bancorp has a twelve month low of $8.01 and a twelve month high of $13.15. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of 16.34 and a beta of 0.79. The company has a quick ratio of 1.13, a current ratio of 1.12 and a debt-to-equity ratio of 1.24. The company’s fifty day moving average is $12.08 and its 200-day moving average is $11.10.

Brookline Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders 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 yield of 4.29%. The ex-dividend date is Friday, February 14th. Brookline Bancorp’s dividend payout ratio (DPR) is presently 70.13%.

Institutional Trading of Brookline Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp grew its holdings in shares of Brookline Bancorp by 0.5% during the third quarter. State Street Corp now owns 4,129,487 shares of the bank’s stock worth $41,667,000 after buying an additional 21,345 shares in the last quarter. Jennison Associates LLC boosted its position in 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 acquiring an additional 224,888 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Brookline Bancorp by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 2,089,187 shares of the bank’s stock worth $21,084,000 after acquiring an additional 26,714 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Brookline Bancorp by 36.7% in the fourth quarter. Assenagon Asset Management S.A. now owns 878,717 shares of the bank’s stock valued at $10,369,000 after purchasing an additional 236,066 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Brookline Bancorp by 109.4% in the third quarter. JPMorgan Chase & Co. now owns 647,100 shares of the bank’s stock valued at $6,529,000 after purchasing an additional 338,050 shares during the last quarter. Institutional investors and hedge funds 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.