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.
Brookline Bancorp Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$15.42|
|52 Week High||US$8.46|
|52 Week Low||US$17.14|
|1 Month Change||3.49%|
|3 Month Change||2.80%|
|1 Year Change||76.43%|
|3 Year Change||-6.88%|
|5 Year Change||27.97%|
|Change since IPO||103.60%|
Recent News & Updates
Brookline Bancorp's (NASDAQ:BRKL) Shareholders Will Receive A Bigger Dividend Than Last Year
The board of Brookline Bancorp, Inc. ( NASDAQ:BRKL ) has announced that it will be increasing its dividend on the 27th...
|BRKL||US Banks||US Market|
Return vs Industry: BRKL underperformed the US Banks industry which returned 79.6% over the past year.
Return vs Market: BRKL exceeded the US Market which returned 32.8% over the past year.
Stable Share Price: BRKL is not significantly more volatile than the rest 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.
About the Company
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 non-interest-bearing demand checking, NOW, savings, and money market 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 for equipment financing for small businesses; financing for construction and development projects; and home equity and other consumer loans.
Brookline Bancorp Fundamentals Summary
|BRKL fundamental statistics|
Is BRKL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BRKL income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.32|
|Net Profit Margin||34.79%|
How did BRKL perform over the long term?See historical performance and comparison
3.1%Current Dividend Yield
Is Brookline Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BRKL ($15.42) is trading below our estimate of fair value ($21.64)
Significantly Below Fair Value: BRKL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BRKL is poor value based on its PE Ratio (11.7x) compared to the US Banks industry average (11.2x).
PE vs Market: BRKL is good value based on its PE Ratio (11.7x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: BRKL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BRKL is overvalued based on its PB Ratio (1.2x) compared to the US Banks industry average (1.1x).
How is Brookline Bancorp forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BRKL's earnings are forecast to decline over the next 3 years (-10% per year).
Earnings vs Market: BRKL's earnings are forecast to decline over the next 3 years (-10% per year).
High Growth Earnings: BRKL's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BRKL's revenue (0.8% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: BRKL's revenue (0.8% 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 (8.6%).
How has Brookline Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BRKL has high quality earnings.
Growing Profit Margin: BRKL's current net profit margins (34.8%) are higher than last year (21.4%).
Past Earnings Growth Analysis
Earnings Trend: BRKL's earnings have grown by 7.8% per year over the past 5 years.
Accelerating Growth: BRKL's earnings growth over the past year (119.6%) exceeds its 5-year average (7.8% per year).
Earnings vs Industry: BRKL earnings growth over the past year (119.6%) exceeded the Banks industry 36%.
Return on Equity
High ROE: BRKL's Return on Equity (10.6%) is considered low.
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
Financial Institutions Analysis
Asset Level: BRKL's Assets to Equity ratio (8.7x) is low.
Allowance for Bad Loans: BRKL has a sufficient allowance for bad loans (311%).
Low Risk Liabilities: 92% 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 (82%).
Low Risk Deposits: BRKL's Loans to Deposits ratio (100%) is appropriate.
Level of Bad Loans: BRKL has an appropriate level of bad loans (0.5%).
What is Brookline Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BRKL's dividend (3.11%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: BRKL's dividend (3.11%) is low compared to the top 25% of dividend payers in the US market (3.57%).
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 (35.7%), 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 (41.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul Perrault (69 yo)
Mr. Paul A. Perrault has been the Chief Executive Officer of Brookline BanCorp, Inc. since April 16, 2009 and served as its President March 16, 2009 until June 2021. He has been Chairman of Brookline BanCo...
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.
Experienced Management: BRKL's management team is seasoned and experienced (7.3 years average tenure).
Experienced Board: BRKL's board of directors are seasoned and experienced ( 14.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Brookline Bancorp, Inc.'s employee growth, exchange listings and data sources
- Name: Brookline Bancorp, Inc.
- Ticker: BRKL
- Exchange: NasdaqGS
- Founded: 1871
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$1.205b
- Shares outstanding: 78.15m
- Website: https://www.brooklinebancorp.com
Number of Employees
- Brookline Bancorp, Inc.
- 131 Clarendon Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 22:57|
|End of Day Share Price||2021/09/27 00:00|
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.