Brookline Bancorp (BRKL, Financial) experienced a notable stock surge of 5.02%, with shares rising to $12.77. The trading volume reached 305,852 shares, reflecting a turnover rate of 0.34% and a price fluctuation of 3.45%.
Recent financial reports reveal Brookline Bancorp recorded revenues of $166 million and a net profit of $20.14 million, resulting in earnings per share of $0.23. Although gross profit data is unavailable, the price-to-earnings ratio stands at 15.37.
Regarding institutional ratings, 50% of the four participating firms recommend buying BRKL, while the rest advise holding. No institution recommended selling.
In the banking sector, where BRKL operates, the overall increase was 1.06%. Notable performers in the sector included Blue Ridge Bankshares, Inc., Newtekone, Inc., and The Bancorp, Inc. Active stocks like Old Point Financial Corporation and William Penn Bancorporation saw turnover rates of 2.64% and 2.27%, respectively. Significant stock volatility was noted in Better Home & Finance Holding C/Wts 22/08/2028(To Pur Com), 泛华金融, and Shf Holdings, Inc.
Brookline Bancorp is a multi-bank holding company offering a range of commercial, corporate, and retail banking services, including comprehensive cash management, online banking, and consumer and residential loans.
