Brookline Bancorp Inc. Earnings Climb 5% In Q1

(RTTNews) - Brookline Bancorp Inc. (BRKL) announced a profit for its first quarter that advanced from last year.

The company said its bottom line came in at $13.45 million, or $0.19 per share. This was up from $12.81 million, or $0.18 per share, in last year's first quarter.

Analysts had expected the company to earn $0.19 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.9% to $53.10 million. This was up from $49.20 million last year.

Brookline Bancorp Inc. earnings at a glance:

-Earnings (Q1): $13.45 Mln. vs. $12.81 Mln. last year. -Earnings Growth (Y-o-Y): 5.0% -EPS (Q1): $0.19 vs. $0.18 last year. -EPS Growth (Y-o-Y): 5.6% -Analysts Estimate: $0.19 -Revenue (Q1): $53.10 Mln vs. $49.20 Mln last year. -Revenue Change (Y-o-Y): 7.9%