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Brookline Bancorp Announces Third Quarter Results

Net Income of $22.6 million, EPS of $0.28
Quarterly Dividend Increase of 4.5%BOSTON, Oct. 23, 2019 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ: BRKL) (the a??Companya??) today announced net income of $22.6 million, or $0.28 per basic and diluted share, for the third quarter of 2019, compared to $20.5 million, or $0.26 per basic and diluted share, for the second quarter of 2019, and $22.5 million, or $0.28 per basic and diluted share, for the third quarter of 2018.Paul Perrault, President and Chief Executive Officer of the Company commented on the third quarter earnings, "We continued to produce strong results in the third quarter, including favorable loan and deposit growth.AWith this growth we have maintained our commitment to achieving solid returns for our stockholders.AOur Board has again voted to increase our dividend, from $0.110 to $0.115.AWe look forward to a productive fourth quarter.a??FIRST IPSWICH BANK CHARTER CONSOLIDATION
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