NASDAQ$BRKL

Brookline Bancorp Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Brookline Bancorp reported net income of $17.5 million and EPS of $0.20 for Q4 2024.

Brookline Bancorp announced net income of $17.5 million, or $0.20 per basic and diluted share, for the fourth quarter of 2024. Operating earnings after tax (non-GAAP) were $20.7 million, or $0.23 per basic and diluted share.

  • Net income for Q4 2024 was $17.5 million, with an EPS of $0.20.
  • Operating earnings after tax (non-GAAP) for Q4 2024 were $20.7 million, with an operating EPS of $0.23.
  • Total assets increased to $11.9 billion at the end of 2024.
  • A quarterly dividend of $0.135 per share was approved.

Headline financials

Total Revenue

$85M

Previous: $83.6M+1.7%
EPS (adj)

$0.23

Previous: $0.26-11.5%
Net Interest Margin

3.1%

Previous: 3.1%-1.0%
Return on Average Assets (Annualized)

0.6%

Previous: 0.8%-24.7%
Return on Average Tangible Stockholders' Equity (Annualized)

7.2%

Previous: 10.1%-28.8%
Net Income

$17.5M

Previous: $22.9M-23.6%
Operating Income

$20.7M

No prior period

Revenue & EPS history

Brookline Bancorp · Revenue · Quarterly

$85M

Q4 2024+1.7%vs Q4 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

Brookline Bancorp is planning a strategic merger with Berkshire Hills Bancorp, expected to close by the end of the second half of 2025, subject to customary closing conditions, including receipt of required regulatory approvals and approvals from Berkshire and the Company stockholders.

Historical earnings impact

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

Avg. return before/after earnings

Based on 6 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+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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