Loading...
•
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.
Brookline Bancorp
Brookline Bancorp
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.