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Brookline Bancorp announced strong financial performance for Q4 2021, with a net income of $28.5 million and EPS of $0.37. The company experienced exceptional loan growth and launched Clarendon Private, an investment and wealth management company.
Net income was $28.5 million, or $0.37 per basic and diluted share.
Total assets increased to $8.6 billion.
Total loans and leases were $7.2 billion, representing an increase of $222.8 million from September 30, 2021.
Net interest income increased to $71.5 million.
The company remains cautiously optimistic for the future.