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Dec 31, 2024
Brookline Bancorp Q4 2024 Earnings Report
Brookline Bancorp reported net income of $17.5 million and EPS of $0.20 for Q4 2024.
Key Takeaways
Brookline Bancorp announced net income of $17.5 million, or $0.20 per basic and diluted share, for the fourth quarter of 2024. Operating earnings after tax (non-GAAP) were $20.7 million, or $0.23 per basic and diluted share.
Net income for Q4 2024 was $17.5 million, with an EPS of $0.20.
Operating earnings after tax (non-GAAP) for Q4 2024 were $20.7 million, with an operating EPS of $0.23.
Total assets increased to $11.9 billion at the end of 2024.
A quarterly dividend of $0.135 per share was approved.
Brookline Bancorp
Brookline Bancorp
Forward Guidance
Brookline Bancorp is planning a strategic merger with Berkshire Hills Bancorp, expected to close by the end of the second half of 2025, subject to customary closing conditions, including receipt of required regulatory approvals and approvals from Berkshire and the Company stockholders.