NASDAQ$BRKL

Brookline Bancorp Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Brookline Bancorp reported net income of $25.2 million and EPS of $0.33 for the second quarter of 2022.

Brookline Bancorp announced net income of $25.2 million, or $0.33 per basic and diluted share, for the second quarter of 2022. The company experienced steady loan growth and maintained strong asset quality.

  • Net income for the second quarter of 2022 was $25.2 million, or $0.33 per share.
  • Total assets decreased to $8.51 billion at June 30, 2022.
  • Total loans and leases increased to $7.3 billion.
  • Net interest income increased to $71.9 million for the second quarter of 2022.

Headline financials

Total Revenue

$71.9M

Previous: $71.1M+1.1%
EPS (adj)

$0.33

Previous: $0.40-17.5%
Net Interest Margin

3.6%

Previous: 3.5%+1.1%
Return on Average Assets (Annualized)

1.2%

Previous: 1.5%-20.3%
Capital Expenditures

$1.69M

Previous: $291K+481.8%
Free Cash Flow

$20.4M

Previous: $51.6M-60.4%
Net Income

$25.2M

Previous: $31.6M-20.3%
Cash & Equivalents

$90.3M

Previous: $320M-71.8%
Total Assets

$8.51B

Previous: $8.5B+0.1%

Revenue & EPS history

Brookline Bancorp · Revenue · Quarterly

$71.9M

Q2 2022+1.1%vs Q2 2021
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

The Company expects the Merger to be completed in the second half of 2022.

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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