Brookline Bancorp Inc. Q2 Income Climbs 7%

(RTTNews) - Brookline Bancorp Inc. (BRKL) announced earnings for its second quarter that gained ground compared to the same period last year.

The company said its bottom line rose to $12.65 million, or $0.18 per share. This was higher than $11.87 million, or $0.17 per share, in last year's second 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 6.6% to $50.26 million. This was up from $47.17 million last year.

Brookline Bancorp Inc. earnings at a glance:

-Earnings (Q2): $12.65 Mln. vs. $11.87 Mln. last year. -Earnings Growth (Y-o-Y): 6.6% -EPS (Q2): $0.18 vs. $0.17 last year. -EPS Growth (Y-o-Y): 5.9% -Analysts Estimate: $0.18 -Revenue (Q2): $50.26 Mln vs. $47.17 Mln last year. -Revenue Change (Y-o-Y): 6.6%