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Brookline Bancorp, Inc. Message Board

  • mtgfriendofman mtgfriendofman Jan 25, 2012 8:18 PM Flag

    Who Comes Up with these Titles?

    Hardly strong earnings.

    Brookline Bancorp Announces Strong 2011 Results

    For the year ended December 31, 2011, the Company reported net income of $27.6 million, or $0.47 fully diluted EPS, compared to net income of $26.9 million, or $0.46 fully diluted EPS, for the same period in 2010. Year-to-date net earnings from operations were $28.9 million, or $.49 per fully diluted share, after adjustment for the increase in professional service fees, including merger-related expenses, of $1.3 million (after-tax) related to the acquisitions of First Ipswich Bancorp ("First Ipswich") and Bancorp Rhode Island.

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