Brookline Bancorp, Inc.

NasdaqGS:BRKL Stock Report

Market Cap: US$975.7m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Brookline Bancorp Management

Management criteria checks 4/4

Brookline Bancorp's CEO is Paul Perrault, appointed in Apr 2009, has a tenure of 16.42 years. total yearly compensation is $2.69M, comprised of 36% salary and 64% bonuses, including company stock and options. directly owns 0.63% of the company’s shares, worth $6.20M. The average tenure of the management team and the board of directors is 4.8 years and 12.8 years respectively.

Key information

Paul Perrault

Chief executive officer

US$2.7m

Total compensation

CEO salary percentage35.99%
CEO tenure16.4yrs
CEO ownership0.6%
Management average tenure4.8yrs
Board average tenure12.8yrs

Recent management updates

Recent updates

Seeking Alpha Jun 25

Brookline Bancorp: Stagnation Is Justified

Summary Brookline Bancorp, Inc. sustains topline growth as it benefits from the lingering impact of the policy easing cycle. High exposure to commercial loans rather than consumer loans is a positive aspect, but office and multi-family property loans is a concern. Valuation is not that cheap, justifying its stagnation over the years,. BRKL's technicals are not attractive as bearish signals continue. Read the full article on Seeking Alpha
Seeking Alpha Nov 23

Brookline Bancorp: Raising The Earnings Estimate And Maintaining A Buy Rating

Summary The operating environment in Massachusetts, Rhode Island, and New York continues to be satisfactory. This will sustain loan growth at a somewhat low level. The margin will continue to expand as the yield curve normalizes and the Fed funds rate declines. The December 2025 target price suggests a small price upside. BRKL is offering a dividend yield of 4.4% with a payout ratio of 56%. Read the full article on Seeking Alpha
Analysis Article Oct 27

Brookline Bancorp (NASDAQ:BRKL) Has Affirmed Its Dividend Of $0.135

The board of Brookline Bancorp, Inc. ( NASDAQ:BRKL ) has announced that it will pay a dividend on the 29th of November...
User avatar
New Narrative Sep 24

Exiting Specialty Vehicle Finance And Streamlining Operations To Propel Growth And Sharpen Competitive Edge

Exiting the specialty vehicle finance business and managing operating expenses are projected to enhance operational efficiency and improve net margins.
Seeking Alpha Sep 06

Brookline Bancorp: +5% Dividend Yield And Earnings Likely To Recover By Next Year

Summary I’ve reduced my earnings estimate to $0.74 per share for 2024 following the second quarter performance, which missed my expectations. Subdued loan growth will likely counter the margin pressure and drive an earnings recovery next year. The December 2024 target price suggests a price upside of around 15%. BRKL is currently offering a dividend yield of 5.4%. Read the full article on Seeking Alpha
Seeking Alpha Jun 21

Brookline Bancorp: Taking The Cautious Approach Amidst A Mixed Picture

Summary Brookline Bancorp is a small bank holding company with mixed financial performance and low asset quality. The company operates multiple subsidiaries and provides a range of financial services in the Greater Boston area. Despite growth in deposits and loans, the company's income statement has shown weakness, leading to a more cautious approach to the business. Read the full article on Seeking Alpha
Seeking Alpha May 26

Brookline Bancorp: Dividend Yield Of Over 6% And Somewhat Positive Earnings Outlook

Summary I’m revising downward my earnings estimate for 2024 after both loan growth and the margin missed my expectations for the first quarter of the year. Interest rate cuts will have a mixed impact on the net interest margin. I’m optimistic that loan growth can improve because some of the labor markets where Brookline Bancorp operates are quite strong. The December 2024 target price suggests a high price upside of more than 20%. BRKL is offering a very high dividend yield of 6.2%. Further, the dividend appears secure given the earnings outlook. Read the full article on Seeking Alpha
Analysis Article Jan 28

Brookline Bancorp (NASDAQ:BRKL) Has Announced A Dividend Of $0.135

Brookline Bancorp, Inc.'s ( NASDAQ:BRKL ) investors are due to receive a payment of $0.135 per share on 23rd of...
Analysis Article Oct 31

Brookline Bancorp's (NASDAQ:BRKL) Dividend Will Be $0.135

Brookline Bancorp, Inc.'s ( NASDAQ:BRKL ) investors are due to receive a payment of $0.135 per share on 24th of...

CEO Compensation Analysis

How has Paul Perrault's remuneration changed compared to Brookline Bancorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

US$79m

Mar 31 2025n/an/a

US$73m

Dec 31 2024US$3mUS$970k

US$69m

Sep 30 2024n/an/a

US$74m

Jun 30 2024n/an/a

US$77m

Mar 31 2024n/an/a

US$82m

Dec 31 2023US$2mUS$940k

US$75m

Sep 30 2023n/an/a

US$82m

Jun 30 2023n/an/a

US$89m

Mar 31 2023n/an/a

US$93m

Dec 31 2022US$3mUS$900k

US$110m

Sep 30 2022n/an/a

US$109m

Jun 30 2022n/an/a

US$107m

Mar 31 2022n/an/a

US$114m

Dec 31 2021US$2mUS$870k

US$115m

Sep 30 2021n/an/a

US$114m

Jun 30 2021n/an/a

US$103m

Mar 31 2021n/an/a

US$91m

Dec 31 2020US$2mUS$845k

US$48m

Sep 30 2020n/an/a

US$43m

Jun 30 2020n/an/a

US$47m

Mar 31 2020n/an/a

US$48m

Dec 31 2019US$2mUS$804k

US$88m

Sep 30 2019n/an/a

US$87m

Jun 30 2019n/an/a

US$87m

Mar 31 2019n/an/a

US$87m

Dec 31 2018US$2mUS$780k

US$83m

Compensation vs Market: Paul's total compensation ($USD2.69M) is about average for companies of similar size in the US market ($USD3.70M).

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


CEO

Paul Perrault (73 yo)

16.4yrs
Tenure
US$2,694,916
Compensation

Mr. Paul A. Perrault serves as President, Chief Executive Officer and Director at Beacon Financial Corporation and Beacon Bank since September 01, 2025. He serves as Director at PCSB Bank from January 2023...


Leadership Team

NamePositionTenureCompensationOwnership
Paul Perrault
Chairman & CEO16.4yrsUS$2.69m0.63%
$ 6.2m
Michael McCurdy
Co-President & COO4.3yrsUS$1.38m0.095%
$ 930.5k
Carl Carlson
Co-President11.4yrsUS$1.38m0.18%
$ 1.7m
Mark Meiklejohn
Chief Credit Officerno dataUS$1.07m0.12%
$ 1.1m
Darryl Fess
President9yrsUS$1.10m0.10%
$ 1.0m
Marissa Martin
General Counsel & Corporate Secretary4.7yrsno data0.039%
$ 377.7k
Janytra Brooks
Chief Human Resources Officer4.9yrsno data0.042%
$ 406.7k
Mona Macero
Executive VP & Chief Digital Officerno datano datano data
Kelly Bressette
Executive VP & Director of Operations1.4yrsno datano data
Michael Fanger
CEO of Eastern Funding LLCno dataUS$538.47kno data
William Tsonos
President & CEO of Bank Rhode Island3.7yrsno data0.044%
$ 429.3k
Michael Goldrick
President & CEO of PCSB Bankno datano data0.048%
$ 471.8k
4.8yrs
Average Tenure
60.5yo
Average Age

Experienced Management: BRKL's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Paul Perrault
Chairman & CEO16.4yrsUS$2.69m0.63%
$ 6.2m
Mark Meiklejohn
Chief Credit Officerno dataUS$1.07m0.12%
$ 1.1m
Michael Fanger
CEO of Eastern Funding LLCno dataUS$538.47kno data
Merrill Sherman
Independent Director13.7yrsUS$120.00k0.063%
$ 610.6k
Thomas Hollister
Independent Lead Director16.4yrsUS$159.17k0.070%
$ 682.9k
Margaret Boles Fitzgerald
Independent Director11.9yrsUS$132.50k0.044%
$ 426.1k
Bogdan Nowak
Independent Director13.7yrsUS$132.50k0.29%
$ 2.8m
Willard Hill
Independent Director2.7yrsUS$120.00k0.036%
$ 355.4k
John Pereira
Independent Director10.3yrsUS$120.00k0.052%
$ 506.6k
Joanne Chang
Independent Director6.9yrsUS$120.00k0.028%
$ 272.3k
12.8yrs
Average Tenure
69yo
Average Age

Experienced Board: BRKL's board of directors are seasoned and experienced ( 12.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/03 17:33
End of Day Share Price 2025/08/29 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Brookline Bancorp, Inc. is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullD.A. Davidson & Co.
David BishopHovde Group, LLC
Christopher O'ConnellKeefe, Bruyette, & Woods