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
No risks detected for BRKL from our risk checks.
Flawless balance sheet with solid track record and pays a dividend.
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.
7 Day Return
1 Year Return
Return vs Industry: BRKL underperformed the US Banks industry which returned 99% over the past year.
Return vs Market: BRKL exceeded the US Market which returned 50.5% over the past year.
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
4 days ago | Simply Wall StBrookline Bancorp (NASDAQ:BRKL) Is Increasing Its Dividend To US$0.12
1 week ago | Simply Wall StWe Discuss Why Brookline Bancorp, Inc.'s (NASDAQ:BRKL) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
2 weeks ago | Simply Wall StHow Many Brookline Bancorp, Inc. (NASDAQ:BRKL) Shares Have Insiders Sold, In The Last Year?
Is Brookline Bancorp undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BRKL ($16.77) is trading above our estimate of fair value ($14.62)
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 (14.4x) compared to the US Banks industry average (12.1x).
PE vs Market: BRKL is good value based on its PE Ratio (14.4x) compared to the US market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: BRKL is poor value based on its PEG Ratio (6.8x)
Price to Book Ratio
PB vs Industry: BRKL is overvalued based on its PB Ratio (1.4x) 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 5 analysts?
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 (14.7% 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% 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%).
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 (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 18%.
Return on Equity
High ROE: BRKL's Return on Equity (9.7%) 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 (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%).
What is Brookline Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BRKL's dividend (2.86%) is higher than the bottom 25% of dividend payers in the US market (1.25%).
High Dividend: BRKL's dividend (2.86%) is low compared to the top 25% of dividend payers in the US market (3.42%).
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).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul Perrault (68 yo)
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 ($USD3.78M).
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 (9.7 years average tenure).
Experienced Board: BRKL's board of directors are seasoned and experienced ( 14.6 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 company bio, 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$1.311b
- Shares outstanding: 78.15m
- Website: https://www.brooklinebancorp.com
Number of Employees
- Brookline Bancorp, Inc.
- 131 Clarendon Street
- United States
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/15 22:09|
|End of Day Share Price||2021/05/14 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.