Brookline Bancorp, Inc. (OQ:BRKL)

Sector:  Financials Industry:  Banks
See Regulatory Filings on SEC
Company Contact
Address: 131 Clarendon St
BOSTON MA 02116-5131
Tel: 1-617-4255331
IR: See website
Key People
Joseph J. Slotnik
Chairman, Independent Director
Paul A. Perrault
President, Chief Executive Officer, Director
Carl M. Carlson
Chief Financial Officer
Darryl J. Fess
President and Chief Executive Officer of Brookline Bank
Mark J. Meiklejohn
President and Chief Executive Officer of Bank Rhode Island
James M. Cosman
Chief Operating Officer
Sandra L. Jenkins
Chief Human Resource Officer
Michael W. McCurdy
Chief Risk Officer, General Counsel, Corporate Secretary
M. Robert Rose
Chief Credit Officer
Business Overview
Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island (BankRI) and its subsidiaries; First Ipswich Bank (First Ipswich) and its subsidiaries, and Brookline Securities Corp. As a commercially focused financial institution with 50 full-service banking offices throughout greater Boston, the north shore of Massachusetts and Rhode Island, the Company, through Brookline Bank, BankRI and First Ipswich (individually and collectively the Banks), offered a range of commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services throughout central New England, as of December 31, 2016. The Company also provides specialty equipment financing through its subsidiaries, Eastern Funding LLC and Macrolease Corporation.
Financial Overview
For the six months ended 30 June 2020, Brookline Bancorp, Inc. interest income decreased 4% to $165.6M. Net interest income after loan loss provision increased 4% to $126M. Net income decreased 95% to $2.3M. Net interest income after loan loss provision reflects Banking Activities segment increase from $0K to $7.6M. Net income was offset by Compensation and employee benefits increase of 4% to $49.8M (expense).
Employees: 763 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $857.18M as of Jun 30, 2020
Annual revenue (TTM): $341.00M as of Jun 30, 2020
EBITDA (TTM): $151.48M as of Jun 30, 2020
Net annual income (TTM): $47.07M as of Jun 30, 2020
Free cash flow (TTM): N/A
Net Debt Last Fiscal Year: $100.58M as of Jun 30, 2020
Shares outstanding: 78,853,942 as of Jun 30, 2020
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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