Brookline Bancorp Approves Merger with Berkshire Hills

An announcement from Brookline Bancorp ( (BRKL) ) is now available.

On May 21, 2025, Brookline Bancorp, Inc. held a virtual special meeting of its stockholders to vote on several proposals related to a merger agreement with Berkshire Hills Bancorp, Inc. The proposal to adopt the merger agreement, which involves Brookline merging with Commerce Acquisition Sub, Inc. and subsequently with Berkshire, was approved. However, a non-binding advisory proposal regarding executive compensation in connection with the mergers was not approved. The approval of this compensation proposal was not necessary for the completion of the mergers.

The most recent analyst rating on (BRKL) stock is a Buy with a $10.00 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 scores well due to its strong financial health, reasonable valuation, and positive earnings call insights. Key strengths include revenue growth and a solid balance sheet, while challenges in cash flow management and technical indicators suggest caution. The company’s strategic merger offers potential growth opportunities amid economic uncertainties.

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

More about Brookline Bancorp

Average Trading Volume: 551,611

Technical Sentiment Signal: Hold

Current Market Cap: $974.8M

Find detailed analytics on BRKL stock on TipRanks’ Stock Analysis page.