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Brookline Bancorp, Inc. Message Board

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  • secrtztn secrtztn Dec 13, 2011 6:47 PM Flag

    Bancorp Rhode Island

    Why do you think that earnings (static, no growth) of 46 cents should command a P/E of 17+ ?

    Frankly, the only reason the stock is around $8 is their book value (which continues to deminish as they overpay for acquisitions) and their healthy dividend yield (which has escalated as the price falls). So tell me about the earnings that makes you happy?

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