Brookline Bancorp: Dividend Yield Of Over 6% And Somewhat Positive Earnings Outlook
TBBKThe Bancorp(TBBK) seekingalpha.com·2024-05-26 19:50
Sean Pavone Earnings of Brookline Bancorp, Inc. (NASDAQ:BRKL) will receive some support from loan growth recovery. However, a lower net interest margin will drag earnings. Overall, I’m expecting the company to report earnings of $0.87 per share for 2024, up 3.1% year-over-year. Compared to my last report, I’ve reduced my earnings estimate because both loan growth and the margin missed my expectations for the first quarter of 2024. The year-end target price suggests a high price upside from the current m ...