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Brookline Bancorp announced solid earnings for the first quarter with a net income of $24.7 million, or $0.32 per share. The company experienced strong loan and deposit growth, coupled with strong asset quality.
Net income for Q1 2022 was $24.7 million, or $0.32 per share.
Total assets increased to $8.63 billion.
Total loans and leases were $7.2 billion.
The Board of Directors approved a dividend of $0.130 per share for the quarter ended March 31, 2022, an increase of half a cent from the prior period.
The Company will conduct a conference call/webcast at 1:30 PM Eastern Time on Thursday, April 28, 2022 to discuss the results for the quarter, business highlights and outlook.