Brookline Bancorp Stock Today
| BRKL Stock | USD 9.06 0.09 1.00% |
Performance0 of 100
| Odds Of DistressLess than 6
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Brookline Bancorp is selling for 9.06 as of the 19th of April 2024. This is a 1.00 percent increase since the beginning of the trading day. The stock's lowest day price was 8.97. Brookline Bancorp has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Brookline Bancorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 25th of March 1998 | Category Financial Services | Classification Financials |
Brookline Bancorp, Inc. operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Brookline Bancorp, Inc. was founded in 1871 and is headquartered in Boston, Massachusetts. The company has 89.65 M outstanding shares of which 1.22 M shares are currently shorted by private and institutional investors with about 2.9 trading days to cover. More on Brookline Bancorp
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Moving against Brookline Stock
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Brookline Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Brookline Bancorp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Brookline Bancorp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Mark Meiklejohn | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Brookline Bancorp report their recommendations after researching Brookline Bancorp's financial statements, talking to executives and customers, or listening in on Brookline Bancorp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Brookline Bancorp. The Brookline consensus assessment is calculated by taking the average forecast from all of the analysts covering Brookline Bancorp. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Brookline Bancorp's profitability, liquidity, and operating efficiency, Brookline Bancorp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Brookline Bancorp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Brookline Bancorp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Brookline Bancorp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Brookline Bancorp's financial leverage. It provides some insight into what part of Brookline Bancorp's total assets is financed by creditors.
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Brookline Bancorp (BRKL) is traded on NASDAQ Exchange in USA. It is located in 131 Clarendon Street, Boston, MA, United States, 02116 and employs 974 people. Brookline Bancorp is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 812.19 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Brookline Bancorp's market, we take the total number of its shares issued and multiply it by Brookline Bancorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Brookline Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 89.65 M outstanding shares of which 1.22 M shares are currently shorted by private and institutional investors with about 2.9 trading days to cover.
Brookline Bancorp currently holds about 112.51 M in cash with 116.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.46.
Check Brookline Bancorp Probability Of Bankruptcy
Ownership AllocationBrookline Bancorp holds a total of 89.65 Million outstanding shares. The majority of Brookline Bancorp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Brookline Bancorp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Brookline Bancorp. Please pay attention to any change in the institutional holdings of Brookline Bancorp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Brookline Ownership Details
Brookline Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Brookline Bancorp jumping above the current price in 90 days from now is about 92.94%. The Brookline Bancorp probability density function shows the probability of Brookline Bancorp stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.6272 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Brookline Bancorp will likely underperform. Additionally, brookline Bancorp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Brookline Bancorp to move above the current price in 90 days from now is about 92.94 (This Brookline Bancorp probability density function shows the probability of Brookline Stock to fall within a particular range of prices over 90 days) .
Brookline Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Brookline Bancorp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Brookline Bancorp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Brookline Bancorp's value.| Instituion | Recorded On | Shares | |
| Bank Of New York Mellon Corp | 2023-12-31 | 1.1 M | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 1.1 M | |
| American Century Companies Inc | 2023-12-31 | 931.8 K | |
| Renaissance Technologies Corp | 2023-12-31 | 930.3 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 914.7 K | |
| Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 880.8 K | |
| Bank Of America Corp | 2023-12-31 | 668.6 K | |
| Norges Bank | 2023-12-31 | 600.8 K | |
| Lsv Asset Management | 2023-12-31 | 576.9 K | |
| Blackrock Inc | 2023-12-31 | 13.1 M | |
| Vanguard Group Inc | 2023-12-31 | 10.1 M |
Brookline Bancorp Historical Income Statement
Brookline Bancorp Income Statement is one of the three primary financial statements used for reporting Brookline's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Brookline Bancorp revenue and expense. Brookline Bancorp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Brookline Bancorp's Total Operating Expenses is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 98.6 M this year, although the value of Operating Income will most likely fall to about 104.3 M. View More FundamentalsBrookline Stock Against Markets
Picking the right benchmark for Brookline Bancorp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Brookline Bancorp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Brookline Bancorp is critical whether you are bullish or bearish towards Brookline Bancorp at a given time. Please also check how Brookline Bancorp's historical prices are related to one of the top price index indicators.
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Brookline Bancorp Corporate Directors
Brookline Bancorp corporate directors refer to members of a Brookline Bancorp board of directors. The board of directors generally takes responsibility for the Brookline Bancorp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Brookline Bancorp's board members must vote for the resolution. The Brookline Bancorp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Thomas Hollister | Independent Director | Profile | |
| Joanne Chang | Director | Profile | |
| Margaret Fitzgerald | Independent Director | Profile | |
| Rosamond Vaule | Independent Director | Profile |
How to buy Brookline Stock?
Before investing in Brookline Bancorp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Brookline Bancorp. To buy Brookline Bancorp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Brookline Bancorp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Brookline Bancorp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Brookline Bancorp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Brookline Bancorp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Brookline Bancorp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Brookline Stock please use our How to Invest in Brookline Bancorp guide.
Already Invested in Brookline Bancorp?
The danger of trading Brookline Bancorp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Brookline Bancorp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Brookline Bancorp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Brookline Bancorp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Brookline Bancorp is a strong investment it is important to analyze Brookline Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Brookline Bancorp's future performance. For an informed investment choice regarding Brookline Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookline Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Brookline Stock please use our How to buy in Brookline Stock guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Brookline Stock analysis
When running Brookline Bancorp's price analysis, check to measure Brookline Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brookline Bancorp is operating at the current time. Most of Brookline Bancorp's value examination focuses on studying past and present price action to predict the probability of Brookline Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookline Bancorp's price. Additionally, you may evaluate how the addition of Brookline Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Brookline Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brookline Bancorp. If investors know Brookline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brookline Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.32) | Dividend Share 0.54 | Earnings Share 0.85 | Revenue Per Share 3.779 | Quarterly Revenue Growth 0.053 |
The market value of Brookline Bancorp is measured differently than its book value, which is the value of Brookline that is recorded on the company's balance sheet. Investors also form their own opinion of Brookline Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Brookline Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brookline Bancorp's market value can be influenced by many factors that don't directly affect Brookline Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brookline Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookline Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookline Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.