Brookline Bancorp Announces First Quarter Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2025
0mins
Source: Newsfilter
Financial Performance: Brookline Bancorp, Inc. reported a net income of $19.1 million for Q1 2025, an increase from the previous year, with total assets at $11.5 billion and total deposits rising to $8.9 billion, despite a slight decline in loans and leases.
Operational Highlights: The company declared a quarterly dividend of $0.135 per share and experienced improvements in key financial ratios, including return on average assets and stockholders' equity, while also noting challenges such as increased provision for credit losses and fluctuations in non-interest income.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
