Brookline Bancorp reported a solid third quarter with a net income of $28.8 million, or $0.37 per basic and diluted share. The company's total assets decreased to $8.3 billion, and total loans and leases were $6.9 billion. Despite these decreases, the core loan portfolio grew by $99.2 million, excluding PPP loan activity.
Net income for the third quarter of 2021 was $28.8 million, or $0.37 per basic and diluted share.
Total assets decreased to $8.3 billion.
Total loans and leases were $6.9 billion.
The Board of Directors approved a dividend of $0.125 per share, a 4.2% increase from the prior quarter.
Forward-looking statements involve risks and uncertainties which are difficult to predict. The Company’s actual results could differ materially from those projected in the forward-looking statements