Brookline Bancorp, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021
January 27, 2022 at 02:35 am IST
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Brookline Bancorp, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported net interest income was USD 71.46 million compared to USD 68.23 million a year ago. Net income was USD 28.55 million compared to USD 26.66 million a year ago. Basic earnings per share from continuing operations was USD 0.37 compared to USD 0.34 a year ago. Diluted earnings per share from continuing operations was USD 0.37 compared to USD 0.34 a year ago.
For the full year, net interest income was USD 282.37 million compared to USD 260.16 million a year ago. Net income was USD 115.44 million compared to USD 47.64 million a year ago. Basic earnings per share from continuing operations was USD 1.48 compared to USD 0.6 a year ago. Diluted earnings per share from continuing operations was USD 1.48 compared to USD 0.6 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.
BROOKLINE BANCORP, INC. 
