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Brookline: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

BOSTON (AP) — BOSTON (AP) — Brookline Bancorp Inc. (BRKL) on Wednesday reported second-quarter profit of $16.4 million.

The Boston-based company said it had net income of 18 cents per share. Earnings, adjusted for non-recurring costs, came to 19 cents per share.

The bank holding company posted revenue of $161.8 million in the period. Its adjusted revenue was $86.4 million.

Brookline shares have fallen roughly 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.28, a decline of slightly more than 1% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BRKL at https://www.zacks.com/ap/BRKL