Brookline Bancorp reports Q2 EPS 25c, consensus 25c

Reports Q2 tangible book value per share $11.20. Reports Q2 net charge-offs .21%. Commenting on the second quarter’s performance, Perrault stated, “We are pleased to report solid earnings for the second quarter of the year led by growth in our C&I portfolio and deposits. Our dedicated team of bankers continue to provide exceptional service to the communities we serve. As a result of these efforts, our net interest margin expanded again this quarter despite intentional contraction in our commercial real estate portfolio.”