The document provides a detailed stock report for Brookline Bancorp Inc. as of June 17, 2022, highlighting its market performance, financial ratios, and analyst ratings. The company has a bearish outlook with a target price of USD 18, facing challenges such as high volatility and low earnings growth. It operates as a bank holding company, offering various banking services, while advising caution for potential investors due to its poor risk-adjusted returns.

1. Page 1 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
BRKL:NSD (Brookline Bancorp Inc)
Banks-Regional | NSD | Common Stock
Values as of 16th Jun, 2022
Stock Target Advisor
Detailed Stock Report
Report Date: 17th June, 2022
Last Close
USD 13.13
Change
-0.36(-2.67%)
Market Cap
USD 1.04B
1 Yr Capital Gain
-16.74%
1 Yr Dividend Return
3.17%
1 Yr Total
Return
-13.57%
Earning Growth (5 yr)
120.47%
Average Target Price
18.00(+37.09% )
Average Analyst
Rating
N/A
Fundamental
Analysis
Bearish
Our view of the stock is Bearish with a score of 1.2 out of 10, where 0 is very bearish and 10 very bullish
What to like
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
What to not like
Poor risk adjusted returns
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
High volatility
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
Highly leveraged
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and
management statements. Sometimes this is high because the company is trying to grow aggressively.
Low Earnings Growth
This stock has shown below median earnings growth in the previous 5 years compared to its sector
Low Revenue Growth
This stock has shown below median revenue growth in the previous 5 years compared to its sector
Low Dividend Growth
This stock has shown below median dividend growth in the previous 5 years compared to its sector.

2. Page 2 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
BRKL:NSD (Brookline Bancorp Inc)
Banks-Regional | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 17th June, 2022
Adjusted Closing Share Volume
Relative Returns Relative Performance (Total Returns)
Security Capital Gain Dividend Return Total Return
BRKL
Brookline Bancorp Inc
-20.5% +3% -17.5%
QQQ
Invesco QQQ Trust
-20.4% +0.4% -20%
Company Overview
Brookline Bancorp, Inc. operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking
services to corporate, municipal, and retail customers in the United States. Its deposit products include demand checking, NOW, money
market, and savings accounts. The company's loan portfolio primarily comprises first mortgage loans secured by commercial, multi-family,
and residential real estate properties; loans to business entities comprising commercial lines of credit; loans to condominium associations;
loans and leases used to finance equipment for small businesses; financing for construction and development projects; and home equity and
other consumer loans. It also provides term loans, letters of credit, foreign exchange, cash management, investment advisory, and online
and mobile banking services, as well as invests in debt and equity securities. As of December 31, 2021, the company operated 50 full-
service banking offices in greater Boston, Massachusetts, and greater Providence, Rhode Island. Brookline Bancorp, Inc. was founded in
1871 and is headquartered in Boston, Massachusetts.

3. Page 3 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
Company Website
https://www.brooklinebancorp.com
Address
131 Clarendon Street, Boston, MA, United States, 02116
Fiscal Year End
December
Employees
786
Technical Indicators
Value Value
Beta 0.67 52 Week High 17.45
Short Ratio 2.88 52 Week Low 12.82
Shorted Shares 1,286,825 200 Day Moving Average 15.73
Shorted Shares Previous Month 1,161,164 50 Day Moving Average 14.51
Shares Held By Insiders 263.20% Short Percentage 2.00%
Shares Held by Institutions 84.68 Dividend Yield 3.90%

4. Page 4 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
BRKL:NSD (Brookline Bancorp Inc)
Banks-Regional | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 17th June, 2022
Market Performance
Market Performance vs. Industry / Classification (Banks-Regional) Market Performance vs. Exchange (Nasdaq Global Select)
Value Sector Median
Percentile
Rank
Grade Market Median Percentile Rank Grade
YTD
Capital Gain -18.90% -11.4% 25% -26.1% 58%
Dividend Return 1.58% 1.4% 66% 1.1% 65%
Total Return -17.33% -9.8% 25% -25.4% 59%
Trailing 12 Months
Capital Gain -16.74% -7.8% 22% -28.6% 62%
Dividend Return 3.17% 2.9% 60% 2.3% 66%
Total Return -13.57% -4.4% 21% -27.0% 63%
Trailing 5 Years
Capital Gain -10.68% -2.7% 37% -0.9% 42%
Dividend Return 15.03% 13.1% 70% 10.9% 71%
Total Return 4.35% 10.2% 39% 9.1% 46%
Average Annual (5 Year Horizon)
Capital Gain 4.15% 4.9% 44% 1.9% 54%
Dividend Return 3.18% 2.6% 69% 1.8% 75%
Total Return 7.33% 7.3% 50% 3.9% 56%
Risk Return Profile
Volatility (Standard
Deviation)
32.55% 30.5% 44% 31.9% 49%
Risk Adjusted Return 22.53% N/A 41% 19.0% 52%
Market Capitalization 1.04B 0.40B 73% 0.31B 72%

5. Page 5 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
Key Financial Ratios
Ratios vs. Industry / Classification (Computer Hardware) Ratios vs. Exchange (Nasdaq Global Select)
Value Sector Median
Percentile
Rank
Grade Market Median Percentile Rank Grade
Market Value
peratio 9.2 10.0 61% 16.1 71%
pbratio 1.2 1.1 41% 1.6 68%
pcfratio 7.8 8.1 51% -0.1 32%
pfcfratio N/A 0.0 N/A 10.0 N/A
Management Effectiveness
retequity 11.80% 11.3% 55% 0.3% 72%
retinvcap 7.41% 7.1% 53% -0.5% 68%
retass 1.32% 1.1% 73% 0.1% 63%
debtequityratio 35.90% 23.3% 30% 32.4% 47%
Technical Ratios
yield 3.90% 3.0% 71% 2.7% 68%
sratio 2.88 3.97 62% 3.05 52%
spercent 2.32% 1.2% 27% 3.1% 57%
beta 0.67 0.81 67% 1.10 78%

6. Page 6 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
BRKL:NSD (Brookline Bancorp Inc)
Banks-Regional | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 17th June, 2022
Recent Analyst Ratings
Price Action Rating Action Analyst Rating Price date
Target Lowered by Compass Point USD 18 2022-05-25
Upgraded by Piper Sandler Neutral » Overweight 2021-07-29
Target Raised by Raymond James Capital Outperform USD 14 » USD 17 2021-04-30
Maintains Raymond James Capital Outperform USD 11 » USD 14 2021-01-29
Target Lowered by Piper Sandler Neutral USD 11 » USD 10 2020-09-28
Reiterated by Raymond James Capital Buy 2020-08-06
Upgrades Raymond James Capital Outperform USD 11 2020-06-17
Initiates Coverage On D.A. Davidson Buy USD 12 2020-06-16
Initiated by D.A. Davidson Buy 2020-06-15
Upgraded by Compass Point Neutral » Buy 2020-05-06
Initiates Coverage On Raymond James Capital Market Perform 2019-11-26
Upgrades Piper Sandler Neutral » Overweight USD 15.5 » USD 17 2019-05-02
Downgrades Sandler O'Neill Buy » Hold 2019-02-13
Downgrades Compass Point Neutral 2019-01-09
Downgrades Compass Point Buy » Neutral 2019-01-08
Upgrades Sandler O'Neill Hold » Buy 2018-12-20
Reiterates Keefe Bruyette Woods Capital Hold USD 18.5 2018-08-08
Reiterates Piper Sandler Hold USD 16.5 2018-01-09
Upgrades Sandler O'Neill Hold » Buy USD 16 2017-08-21
Reiterate Compass Point Buy USD 12 » USD 13 2016-07-21
Initiate American Capital Partners Buy USD 12.5 2016-04-14
Upgrade Compass Point Neutral » Buy USD 11 » USD 12 2015-10-22
Assigns Keefe Bruyette Woods Capital At Market Perform USD 11.5 » USD 12 2015-07-28
Initiate Macquarie Research Neutral USD 9.5 2015-01-26
Initiate Compass Point Neutral USD 9 2014-11-12

7. Page 7 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
BRKL:NSD (Brookline Bancorp Inc)
Banks-Regional | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 17th June, 2022
Annual Financial (USD)

8. Page 8 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
BRKL:NSD (Brookline Bancorp Inc)
Banks-Regional | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 17th June, 2022
Quarterly Financial (USD)

9. Page 9 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
BRKL:NSD (Brookline Bancorp Inc)
Banks-Regional | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 17th June, 2022
Largest Industry Peers for Banks-Regional
Symbol Company Name Price(Change) Market Cap
HBANN Huntington Bancshares Incorpor.. N/A USD 27.35B
SIVB SVB Financial Group -29.91 (-7.1%) USD 24.66B
FITB Fifth Third Bancorp -1.48 (-4.3%) USD 23.83B
FITBI Fifth Third Bancorp ADR +0.06 (+0.2%) USD 17.94B
HBANO Huntington Bancshares Incorpor.. N/A USD 12.99B
SBNY Signature Bank -13.36 (-7.4%) USD 11.38B
FCNCA First Citizens BancShares Inc -31.38 (-5.0%) USD 10.09B
PBCT People's United Financial Inc N/A USD 8.37B
ZION Zions Bancorporation -1.43 (-2.7%) USD 8.04B
CBSH Commerce Bancshares Inc -1.37 (-2.1%) USD 7.80B
The Stock Target Advisor platform run millions of calculations every day on over 30,000 Canadian and American stocks, comparing and
ranking their financial and market performance against their sectors and exchange.
We represent the percentile ranking using the following grading system.
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%