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Mar 31, 2023
Brookline Bancorp Q1 2023 Earnings Report
Brookline Bancorp announced first quarter results reflecting one-time costs associated with PCSB Financial Corporation acquisition.
Key Takeaways
Brookline Bancorp reported a net income of $7.6 million, or $0.09 per basic and diluted share, for Q1 2023. Excluding one-time costs related to the acquisition of PCSB Financial Corporation, operating earnings were $23.3 million, or $0.27 per diluted share.
Net income for Q1 2023 was $7.6 million, or $0.09 per share.
Operating earnings, excluding one-time costs, were $23.3 million, or $0.27 per diluted share.
The acquisition of PCSB Financial Corporation was completed on January 1, 2023.
Total assets increased to $11.5 billion at March 31, 2023.
Brookline Bancorp
Brookline Bancorp
Forward Guidance
The company will conduct a conference call/webcast at 1:30 PM Eastern Time on Thursday, April 27, 2023 to discuss the results for the quarter, business highlights and outlook.