Brookline Bancorp Reports Increased Q1 2025 Net Income

Brookline Bancorp ( (BRKL) ) has shared an announcement.

Brookline Bancorp, Inc. reported a net income of $19.1 million for the first quarter of 2025, showing an increase from the previous quarter and the same quarter in 2024. Despite economic challenges, the company intentionally reduced its commercial real estate exposure while growing deposits and focusing on commercial and industrial markets. Total assets decreased, primarily due to reductions in cash, cash equivalents, and loans, while deposits saw an increase driven by customer deposits. The company also declared a quarterly dividend of $0.135 per share.

Spark’s Take on BRKL Stock

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

Brookline Bancorp’s overall stock score reflects strong financial health and reasonable valuation, although technical indicators suggest caution due to bearish trends. The earnings call provided positive insights about future growth through strategic mergers, but highlighted operating challenges. The stock’s attractive dividend yield supports its appeal, but technical weaknesses and cash flow concerns weigh on its overall attractiveness.

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

More about Brookline Bancorp

Brookline Bancorp, Inc. is a bank holding company headquartered in Boston, Massachusetts, with $11.5 billion in assets and branch locations in Massachusetts, Rhode Island, and the Lower Hudson Valley of New York State. It operates as the holding company for Brookline Bank, Bank Rhode Island, and PCSB Bank, providing commercial and retail banking services, cash management, and investment services to customers throughout Central New England and the Lower Hudson Valley of New York State.

YTD Price Performance: -13.71%

Average Trading Volume: 553,653

Technical Sentiment Signal: Buy

Current Market Cap: $905.9M

For detailed information about BRKL stock, go to TipRanks’ Stock Analysis page.