Brookline Bancorp, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 29, 2020 at 09:05 pm
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Brookline Bancorp, Inc. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net interest income was USD 63.931 million compared to USD 63.159 million a year ago. Net income was USD 22.183 million compared to USD 21.138 million a year ago. Basic earnings per share was USD 0.28 compared to USD 0.26 a year ago. For the full year, net interest income was USD 253.300 million compared to USD 247.699 million a year ago. Net income was USD 87.717 million compared to USD 83.062 million a year ago. Basic earnings per share was USD 1.1 compared to USD 1.04 a year ago.
Brookline Bancorp, Inc. is a bank holding company for Brookline Bank, Bank Rhode Island (BankRI), PCSB Bank (the Banks). The Bank offers a range of commercial, business and retail banking services, including a full complement of cash management products, on-line banking services, and consumer and residential loans and investment services, designed to meet the financial needs of small-to mid-sized businesses and individuals throughout Central New England and the Lower Hudson Valley in New York. Its specialty lending activities, including equipment financing, are focused on the New York and New Jersey metropolitan area, with services offered throughout the United States. The Bank, through its subsidiary Eastern Funding LLC, conducts equipment financing activities in the greater New York and New Jersey metropolitan area and elsewhere in the United States. The Bank operates 29 full-service banking offices and two lending offices in the greater Boston metropolitan area.
BROOKLINE BANCORP, INC. 
