NASDAQ$BRKL

Brookline Bancorp Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Brookline Bancorp reported net income of $24.7 million and EPS of $0.32 for Q1 2022.

Brookline Bancorp announced solid earnings for the first quarter with a net income of $24.7 million, or $0.32 per share. The company experienced strong loan and deposit growth, coupled with strong asset quality.

  • Net income for Q1 2022 was $24.7 million, or $0.32 per share.
  • Total assets increased to $8.63 billion.
  • Total loans and leases were $7.2 billion.
  • The Board of Directors approved a dividend of $0.130 per share for the quarter ended March 31, 2022, an increase of half a cent from the prior period.

Headline financials

Total Revenue

$69.8M

Previous: $69.1M+1.1%
EPS (adj)

$0.32

Previous: $0.34-5.9%
Net Interest Margin

3.5%

Previous: 3.4%+2.9%
Return on Average Assets (Annualized)

1.2%

Previous: 1.2%-4.1%
Allowance for Loan and Lease Losses

$1.32

No prior period
Capital Expenditures

$497K

Previous: $2.35M-78.8%
Free Cash Flow

$15.6M

Previous: $17.1M-8.3%
Net Income

$24.7M

Previous: $26.5M-6.8%
Operating Income

$27.5M

No prior period
Cash & Equivalents

$293M

Previous: $131M+124.1%
Total Assets

$8.63B

Previous: $8.6B+0.3%

Revenue & EPS history

Brookline Bancorp · Revenue · Quarterly

$69.8M

Q1 2022+1.1%vs Q1 2021
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

The Company will conduct a conference call/webcast at 1:30 PM Eastern Time on Thursday, April 28, 2022 to discuss the results for the quarter, business highlights and outlook.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports

Historical avg

+0.2%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+0.3%

Avg return

30 days after

56%

37 / 66 earnings

Positive

+5.6%

Q1 2015

Best reaction

-11.9%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2025
Q3 2025
Q2 2025-1.9%-3.1%+1.5%
Q1 2025+2.4%+3.2%+1.6%
Q4 2024+2.0%+4.0%-2.0%
Q3 2024+0.9%+7.8%+20.6%
Q2 2024-0.4%-0.1%-1.7%
Q1 2024-11.9%-12.5%-8.8%
Q4 2023+4.2%+6.8%-8.9%
Q3 2023+2.6%
Q2 2023+3.9%
Q1 2023-0.4%
Q4 2022-6.6%
Q3 2022+0.8%
Q2 2022+3.2%
Q1 2022+0.4%
Q4 2021-0.8%
Q3 2021+0.6%
Q2 2021+4.2%
Q1 2021+1.9%
Q4 2020-1.3%
Q3 2020-0.5%
Q2 2020+1.6%
Q1 2020-10.3%
Q4 2019+0.6%
Q3 2019+4.9%
Q2 2019-1.8%
Q1 2019+2.0%
Q4 2018+1.7%
Q3 2018+1.6%
Q2 2018-0.8%
Q1 2018+2.1%
Q4 2017+5.0%
Q3 2017+0.0%
Q2 2017+1.4%
Q1 2017-5.8%
Q4 2016+3.4%
Q3 2016+4.1%
Q2 2016-1.0%
Q1 2016+0.3%
Q4 2015+1.1%
Q3 2015+4.9%
Q2 2015+0.0%
Q1 2015+5.6%
Q4 2014+3.2%
Q3 2014+1.5%
Q2 2014-0.9%
Q1 2014-0.9%
Q4 2013-3.4%
Q3 2013-2.8%
Q2 2013+3.4%
Q1 2013-4.3%
Q4 2012-1.8%
Q3 2012-0.8%
Q2 2012-0.5%
Q1 2012+0.5%
Q4 2011-2.0%
Q3 2011-7.2%
Q2 2011-0.9%
Q1 2010-1.2%
Q1 2011+1.2%
Q4 2010+0.5%
Q4 2008+0.5%
Q4 2009+0.5%
Q3 2010+3.8%
Q3 2009+3.8%
Q2 2010-0.1%
Q2 2009-0.1%

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