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19.10.2016 23:12:09

Brookline Bancorp Inc. Q3 Income Rises 6%

(RTTNews) - Brookline Bancorp Inc. (BRKL) released a profit for its third quarter that rose compared to the same period last year.

The company said its bottom line climbed to $13.62 million, or $0.19 per share. This was up from $12.89 million, or $0.18 per share, in last year's third quarter.

Analysts had expected the company to earn $0.18 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.7% to $52.35 million. This was up from $48.59 million last year.

Brookline Bancorp Inc. earnings at a glance:

-Earnings (Q3): $13.62 Mln. vs. $12.89 Mln. last year. -Earnings Growth (Y-o-Y): 5.7% -EPS (Q3): $0.19 vs. $0.18 last year. -EPS Growth (Y-o-Y): 5.6% -Analysts Estimate: $0.18 -Revenue (Q3): $52.35 Mln vs. $48.59 Mln last year. -Revenue Change (Y-o-Y): 7.7%

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