Brookline Bancorp, Inc. (BRKL)
Brookline Bancorp, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $10.95, down 0.64% on the session, giving a market capitalisation of $975.7M. On trailing twelve-month figures it carries a trailing P/E of 23.80, a net margin of 12.9%. Its beta of 0.92 implies it has historically moved less than the broad market.
Brookline Bancorp, Inc. serves as the parent company for Brookline Bank, providing a comprehensive range of commercial, business, and retail banking services to corporate, municipal, and individual customers across the United States. The institution offers various deposit products, including demand checking, NOW, money market, and savings accounts. Its extensive loan portfolio mainly features first mortgage loans secured by commercial, multi-family, and residential real estate properties. Additionally, it provides commercial lines of credit to businesses, loans to condominium associations, financing for small business equipment (through loans and leases), funding for construction and development projects, and home equity and other consumer loans. Other services include term loans, letters of credit, foreign exchange, cash management, investment advisory, and convenient online and mobile banking capabilities. The company also actively invests in debt and equity securities. As of December 31, 2021, Brookline Bancorp maintained 50 full-service banking offices situated in the greater Boston, Massachusetts, and greater Providence, Rhode Island, regions. Established in 1871, the company is headquartered in Boston, Massachusetts.
Brookline Bancorp, Inc. is most often compared with the following Financial Services names: