Brookline Bancorp and Berkshire Hills Announce Merger

Brookline Bancorp ( (BRKL) ) just unveiled an announcement.

On August 6, 2025, Brookline Bancorp and Berkshire Hills Bancorp announced their merger, forming Beacon Financial Corporation, which will be listed on the NYSE under the ticker ‘BBT’. The merger, expected to close in the third quarter of 2025, aims to create a robust financial institution with a strong local presence and enhanced capabilities, while maintaining existing brand operations under the new Beacon Bank & Trust name.

The most recent analyst rating on (BRKL) stock is a Buy with a $13.50 price target. To see the full list of analyst forecasts on Brookline Bancorp stock, see the BRKL Stock Forecast page.

Spark’s Take on BRKL Stock

According to Spark, TipRanks’ AI Analyst, BRKL is a Outperform.

Brookline Bancorp’s overall score reflects a balance of strong profitability and fair valuation, offset by technical resistance and some operational challenges highlighted in the latest earnings call. The company’s sound financial position and strategic management are positives, but growth constraints and sector-specific risks need to be addressed.

To see Spark’s full report on BRKL stock, click here.

More about Brookline Bancorp

Brookline Bancorp, Inc. is a bank holding company with $11.6 billion in assets, headquartered in Boston, Massachusetts. It operates Brookline Bank, Bank Rhode Island, and PCSB Bank, providing commercial and retail banking services, cash management, and investment services in Massachusetts, Rhode Island, and the Lower Hudson Valley of New York State.

Average Trading Volume: 552,354

Technical Sentiment Signal: Sell

Current Market Cap: $923.1M

For a thorough assessment of BRKL stock, go to TipRanks’ Stock Analysis page.