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Sep 30, 2020
Brookline Bancorp Q3 2020 Earnings Report
Reported net income of $18.7 million and EPS of $0.24.
Key Takeaways
Brookline Bancorp announced a solid third quarter with a net income of $18.7 million and EPS of $0.24. The company saw growth rooted in its core business areas, while monitoring the ongoing COVID-19 situation.
Net income reached $18.7 million, with an EPS of $0.24.
Total assets decreased slightly to $9.0 billion.
Total deposits increased to $6.8 billion.
The company resumed its stock buyback program.
Forward Guidance
The company did not provide specific forward guidance but the report mentions uncertainties and volatility related to the COVID-19 pandemic and its impact on businesses and households as we enter the fall and winter seasons.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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