NasdaqGS:BRKL

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Market Cap

US$1.3b

Last Updated

2021/06/11 05:14 UTC

Data Sources

Company Financials +

Executive Summary

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. More Details


Snowflake Analysis

Flawless balance sheet with solid track record and pays a dividend.


Similar Companies

Share Price & News

How has Brookline Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BRKL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: BRKL's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-2.9%

BRKL

-3.4%

US Banks

1.1%

US Market


1 Year Return

71.9%

BRKL

68.9%

US Banks

45.5%

US Market

Return vs Industry: BRKL exceeded the US Banks industry which returned 68.9% over the past year.

Return vs Market: BRKL exceeded the US Market which returned 45.5% over the past year.


Shareholder returns

BRKLIndustryMarket
7 Day-2.9%-3.4%1.1%
30 Day1.6%-0.4%2.7%
90 Day-0.4%3.0%4.5%
1 Year78.6%71.9%73.9%68.9%47.9%45.5%
3 Year-4.4%-13.5%29.8%18.7%59.3%49.4%
5 Year74.6%50.2%116.4%89.1%126.5%101.2%

Long-Term Price Volatility Vs. Market

How volatile is Brookline Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Brookline Bancorp undervalued compared to its fair value and its price relative to the market?

14x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BRKL ($16.27) is trading above our estimate of fair value ($14.67)

Significantly Below Fair Value: BRKL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BRKL is poor value based on its PE Ratio (14x) compared to the US Banks industry average (12x).

PE vs Market: BRKL is good value based on its PE Ratio (14x) compared to the US market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: BRKL is poor value based on its PEG Ratio (6.6x)


Price to Book Ratio

PB vs Industry: BRKL is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.2x).


Future Growth

How is Brookline Bancorp forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

2.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BRKL's forecast earnings growth (2.1% per year) is above the savings rate (2%).

Earnings vs Market: BRKL's earnings (2.1% per year) are forecast to grow slower than the US market (15.4% per year).

High Growth Earnings: BRKL's earnings are forecast to grow, but not significantly.

Revenue vs Market: BRKL's revenue (5.6% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: BRKL's revenue (5.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BRKL's Return on Equity is forecast to be low in 3 years time (9.4%).


Past Performance

How has Brookline Bancorp performed over the past 5 years?

5.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BRKL has high quality earnings.

Growing Profit Margin: BRKL's current net profit margins (32.4%) are higher than last year (21.6%).


Past Earnings Growth Analysis

Earnings Trend: BRKL's earnings have grown by 5.8% per year over the past 5 years.

Accelerating Growth: BRKL's earnings growth over the past year (90.4%) exceeds its 5-year average (5.8% per year).

Earnings vs Industry: BRKL earnings growth over the past year (90.4%) exceeded the Banks industry 20.3%.


Return on Equity

High ROE: BRKL's Return on Equity (9.7%) is considered low.


Financial Health

How is Brookline Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BRKL's Assets to Equity ratio (9.1x) is low.

Allowance for Bad Loans: BRKL has a sufficient allowance for bad loans (354%).

Low Risk Liabilities: 90% of BRKL's liabilities are made up of primarily low risk sources of funding.

Loan Level: BRKL has an appropriate level of Loans to Assets ratio (84%).

Low Risk Deposits: BRKL's Loans to Deposits ratio (104%) is appropriate.

Level of Bad Loans: BRKL has an appropriate level of bad loans (0.4%).


Dividend

What is Brookline Bancorp current dividend yield, its reliability and sustainability?

2.95%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BRKL's dividend (2.95%) is higher than the bottom 25% of dividend payers in the US market (1.27%).

High Dividend: BRKL's dividend (2.95%) is low compared to the top 25% of dividend payers in the US market (3.38%).


Stability and Growth of Payments

Stable Dividend: BRKL's dividends per share have been stable in the past 10 years.

Growing Dividend: BRKL's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (40%), BRKL's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BRKL's dividends in 3 years are forecast to be well covered by earnings (38.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.8yrs

Average management tenure


CEO

Paul Perrault (68 yo)

12.17yrs

Tenure

US$2,307,956

Compensation

Mr. Paul A. Perrault has been the Chief Executive Officer and President of Brookline BanCorp, Inc. since April 16, 2009 and March 16, 2009 respectively. From 2009 through 2016, Mr. Perrault served as Chief...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD2.31M) is below average for companies of similar size in the US market ($USD3.66M).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BRKL's management team is seasoned and experienced (9.8 years average tenure).


Board Members

Experienced Board: BRKL's board of directors are seasoned and experienced ( 14.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BRKL insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Brookline Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Brookline Bancorp, Inc.
  • Ticker: BRKL
  • Exchange: NasdaqGS
  • Founded: 1871
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$1.271b
  • Shares outstanding: 78.15m
  • Website: https://www.brooklinebancorp.com

Number of Employees


Location

  • Brookline Bancorp, Inc.
  • 131 Clarendon Street
  • Boston
  • Massachusetts
  • 2116
  • United States

Listings


Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/11 05:14
End of Day Share Price2021/06/10 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.