Brookline: Q4 Earnings Snapshot

January 25, 2023 GMT

BOSTON (AP) _ Brookline Bancorp Inc. (BRKL) on Wednesday reported fourth-quarter net income of $29.7 million.

The Boston-based company said it had net income of 39 cents per share.

The bank holding company posted revenue of $112.5 million in the period. Its adjusted revenue was $89.1 million.

For the year, the company reported profit of $109.7 million, or $1.42 per share. Revenue was reported as $328.1 million.

Brookline shares have declined 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $13.43, a decline of 21% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BRKL at https://www.zacks.com/ap/BRKL