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Sep 30, 2024
Brookline Bancorp Q3 2024 Earnings Report
Brookline Bancorp experienced improved performance in Q3 2024 with net income of $20.1 million and EPS of $0.23.
Key Takeaways
Brookline Bancorp reported a net income of $20.1 million, or $0.23 per basic and diluted share, for the third quarter of 2024. Total assets reached $11.7 billion, and total loans and leases amounted to $9.8 billion.
Net income and operating earnings after tax (non-GAAP) were $20.1 million, or $0.23 per basic and diluted share.
Total assets increased to $11.7 billion.
Total loans and leases increased to $9.8 billion.
The Board of Directors approved a dividend of $0.135 per share for the quarter ended September 30, 2024.
Brookline Bancorp
Brookline Bancorp
Forward Guidance
The company is confident that its experienced bankers will continue to deliver exceptional service to customers, which will be better reflected in profitability as interest rates normalize.