Brookline Bancorp, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023
January 24, 2024 at 04:12 pm EST
Share
Brookline Bancorp, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported net interest income was USD 339.71 million compared to USD 299.77 million a year ago. Net income was USD 75 million compared to USD 109.74 million a year ago.
Basic earnings per share from continuing operations was USD 0.85 compared to USD 1.42 a year ago. Diluted earnings per share from continuing operations was USD 0.85 compared to USD 1.42 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.