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BRKL Financial Statements and Analysis

NASDAQ : BRKL

Brookline Bancorp, Inc.

$11.58
-0.08-0.69%
At Close 4:00 PM
68.2
BESG ScoreESG Rating

BRKL FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

BRKL Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue89.528M161.645M161.306M160.346M89.494M
cost of revenue-70.032M-106.00K-437.00K00
gross profit159.56M161.751M161.743M160.346M89.494M
gross profit ratio1.7821.0011.0031.001.00
research and development expenses00000
general and administrative expenses37.248M36.787M38.513M1.442M35.643M
selling and marketing expenses859.00K1.504M1.574M758.00K1.174M
selling general and administrative expenses38.107M38.291M40.087M49.973M36.817M
other expenses51.421M-11.316M-11.585M-18.716M-97.443M
operating expenses89.528M11.316M11.585M18.716M-60.626M
cost and expenses89.528M139.177M141.827M131.783M-60.626M
interest income159.56M155.355M155.459M-393.034M147.06M
interest expense76.552M75.354M73.871M14.73M62.99M
depreciation and amortization03.627M3.826M1.965M1.955M
ebitda26.748M25.272M23.305M-3.804M30.823M
ebitda ratio0.299-0.028-0.022-0.0240.344
operating income26.748M26.162M23.071M32.367M28.868M
operating income ratio0.2990.1620.1430.2020.323
total other income expenses net0-8.89M-8.111M28.563M28.868M
income before tax26.748M21.645M19.479M28.563M28.868M
income before tax ratio0.2990.1340.1210.1780.323
income tax expense6.606M5.273M4.814M5.675M6.167M
net income20.142M16.372M14.665M22.888M22.701M
net income ratio0.2250.1010.0910.1430.254
eps0.230.180.170.260.26
eps diluted0.230.180.160.260.26
weighted average shs out89.033M88.905M88.895M88.867M88.795M
weighted average shs out dil89.32M89.222M89.182M89.036M88.971M
Graph

BRKL Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents82.168M343.084M301.886M133.027M33.506M
short term investments325.721M856.08M865.40M916.16M1.007B
cash and short term investments407.889M343.084M301.886M133.027M1.041B
net receivables00000
inventory00000
other current assets000173.821M165.20M
total current assets407.889M385.958M307.803M173.821M1.041B
property plant equipment net128.859M124.069M122.84M120.716M122.095M
goodwill241.222M241.222M241.222M241.222M241.222M
intangible assets19.162M20.83M22.499M24.207M26.172M
goodwill and intangible assets260.384M262.052M263.721M265.429M267.394M
long term investments0475.667M453.046M307.84M1.007B
tax assets50.827M60.032M60.484M87.934M74.491M
other non current assets43.266M10.328B10.335B10.457B-74.491M
total non current assets483.336M11.249B11.235B11.239B1.397B
other assets10.785B1.00008.743B
total assets11.677B11.635B11.543B11.413B11.181B
account payables00000
short term debt000819.468M153.798M
tax payables00000
deferred revenue00000
other current liabilities4.36B005.859B4.554B
total current liabilities4.36B4.453B4.483B6.679B4.708B
long term debt1.541B1.386B1.262B565.314M1.168B
deferred revenue non current0002.713B0
deferred tax liabilities non current00030.982M0
other non current liabilities4.545B9.05B9.086B226.819M-1.168B
total non current liabilities6.086B5.984B5.865B3.536B1.168B
other liabilities0001.00-4.708B
capital lease obligations43.266M24.017M28.033M23.886M32.807M
total liabilities10.446B10.437B10.349B10.215B1.168B
preferred stock00000
common stock970.00K970.00K970.00K970.00K970.00K
retained earnings453.555M445.56M441.285M438.722M427.937M
accumulated other comprehensive income loss-38.081M-61.693M-60.841M-52.798M-81.541M
other total stockholders equity813.918M813.643M812.817M811.75M810.505M
total stockholders equity1.23B1.198B1.194B1.199B1.158B
total equity1.23B1.198B1.194B1.199B1.158B
total liabilities and stockholders equity11.677B11.635B11.543B11.413B11.181B
minority interest00000
total investments325.721M475.667M453.046M307.84M2.015B
total debt1.541B1.467B1.396B1.409B1.168B
net debt1.133B1.123B1.094B1.276B1.134B
Graph

BRKL Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
deferred income tax327.00K774.00K-1.101M7.969M7.988M
stock based compensation-1.696M730.00K966.00K1.165M915.00K
change in working capital9.083M4.446M-13.529M3.651M-7.289M
accounts receivables00000
inventory00000
accounts payables00000
other working capital989.00K-500.00K-489.00K3.651M-7.289M
other non cash items-6.33M10.301M12.631M-634.00K303.00K
net cash provided by operating activities-37.106M28.266M8.84M39.133M28.677M
investments in property plant and equipment2.66M-658.00K-2.002M-1.662M-2.047M
acquisitions net000222.98M-49.152M
purchases of investments41.071M-39.702M-1.369M-82.892M-51.779M
sales maturities of investments-95.542M49.569M45.973M78.568M64.574M
other investing activites95.688M-3.922M3.195M-500.087M6.219M
net cash used for investing activites43.877M-61.631M17.754M-283.093M-32.185M
debt repayment-82.486M-67.546M-14.94M-241.534M-297.097M
common stock issued000-309.937M309.819M
common stock repurchased000710.00K-710.00K
dividends paid-12.028M-12.001M-12.001M-11.997M-11.99M
other financing activites142.187M872.00K-994.00K778.744M-59.945M
net cash used provided by financing activities47.673M74.563M142.265M215.986M-59.923M
effect of forex changes on cash000-306.247M0
net change in cash64.805M41.198M168.859M-27.974M-63.431M
cash at end of period407.889M343.084M301.886M133.027M161.001M
cash at beginning of period343.084M301.886M133.027M161.001M224.432M
operating cashflow-37.106M28.266M8.84M39.133M28.677M
capital expenditure2.66M-658.00K-2.002M-1.662M-2.047M
free cash flow-34.446M27.608M6.838M37.471M26.63M
Graph

Frequently Asked Questions

How did Brookline Bancorp, Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, BRKL generated $89.53M in revenue last quarter, while its costs came in at -$70.03M.

Last quarter, how much Gross Profit did Brookline Bancorp, Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Brookline Bancorp, Inc. reported a $159.56M Gross Profit for the quarter ended Sep 30, 2024.

Have BRKL's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. BRKL incurred $89.53M worth of Operating Expenses, while it generated $26.75M worth of Operating Income.

How much Net Income has BRKL posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Brookline Bancorp, Inc., the company generated $20.14M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Brookline Bancorp, Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Brookline Bancorp, Inc. as of the end of the last quarter was $82.17M.

What are BRKL's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, BRKL had Total Net Receivables of $0.00.

In terms of Total Assets and Current Assets, where did Brookline Bancorp, Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of BRKL were $407.89M, while the Total Assets stand at $11.68B.

As of the last quarter, how much Total Debt did Brookline Bancorp, Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of BRKL's debt was $1.54B at the end of the last quarter.

What were BRKL's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, BRKL reported total liabilities of $10.45B.

How much did BRKL's Working Capital change over the last quarter?

Working Capital Change for BRKL was $9.08M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

BRKL generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. BRKL generated -$37.11M of Cash from Operating Activities during its recently reported quarter.

What was BRKL's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. BRKL reported a $64.81M Net Change in Cash in the most recent quarter.

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