Home News Business Brookline Bancorp, Inc. (BRKL) Earning Very Positive Media Coverage

Brookline Bancorp, Inc. (BRKL) Earning Very Positive Media Coverage

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News stories about Brookline Bancorp (NASDAQ:BRKL) have been trending very positive this week, according to Alpha One Sentiment Analysis. Alpha One, a subsidiary of Accern, rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Brookline Bancorp, Inc. earned a coverage optimism score of 0.69 on Alpha One’s scale. Alpha One also gave news headlines about Brookline Bancorp, Inc. an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the immediate future.

Brookline Bancorp, Inc. (NASDAQ:BRKL) traded down 1.92% on Monday, reaching $15.35. 47,158 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $15.62 and its 200 day moving average price is $14.57. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 20.74 and a beta of 0.88. Brookline Bancorp has a 1-year low of $10.40 and a 1-year high of $17.45.

Brookline Bancorp, Inc. (NASDAQ:BRKL) last announced its earnings results on Wednesday, January 25th. The company reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. Brookline Bancorp, Inc. had a net margin of 19.97% and a return on equity of 7.53%. During the same period in the prior year, the firm earned $0.19 earnings per share. On average, analysts expect that Brookline Bancorp, Inc. will post $0.82 earnings per share for the current year.

Separately, Compass Point upgraded shares of Brookline Bancorp, Inc. from a “neutral” rating to a “buy” rating in a research note on Thursday, January 26th.

About Brookline Bancorp, Inc.

Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island and its subsidiaries; First Ipswich Bank and its subsidiaries, and Brookline Securities Corp. As a commercially-focused financial institution with approximately 50 banking offices in greater Boston, the north shore of Massachusetts and Rhode Island, the Company offers commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services in central New England. The Company’s activities include acceptance of commercial; municipal and retail deposits; origination of mortgage loans on commercial and residential real estate located principally in Massachusetts and Rhode Island; origination of commercial loans and leases to small- and mid-sized businesses; investment in debt and equity securities, and the offering of cash management and investment advisory services.