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Brookline Bancorp (Brookline Bancorp) Debt-to-Equity : 1.18 (As of Dec. 2023)


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What is Brookline Bancorp Debt-to-Equity?

Brookline Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Brookline Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,408.7 Mil. Brookline Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,198.6 Mil. Brookline Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 1.18.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Brookline Bancorp's Debt-to-Equity or its related term are showing as below:

BRKL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38   Med: 1.22   Max: 1.76
Current: 1.17

During the past 13 years, the highest Debt-to-Equity Ratio of Brookline Bancorp was 1.76. The lowest was 0.38. And the median was 1.22.

BRKL's Debt-to-Equity is ranked worse than
68.53% of 1392 companies
in the Banks industry
Industry Median: 0.68 vs BRKL: 1.17

Brookline Bancorp Debt-to-Equity Historical Data

The historical data trend for Brookline Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Brookline Bancorp Debt-to-Equity Chart

Brookline Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.90 0.38 1.46 1.18

Brookline Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.43 1.08 1.01 1.18 1.17

Competitive Comparison of Brookline Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Brookline Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brookline Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Brookline Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Brookline Bancorp's Debt-to-Equity falls into.



Brookline Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Brookline Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Brookline Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Brookline Bancorp  (NAS:BRKL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Brookline Bancorp Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Brookline Bancorp's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Brookline Bancorp (Brookline Bancorp) Business Description

Traded in Other Exchanges
Address
131 Clarendon Street, Boston, MA, USA, 02116
Brookline Bancorp Inc operates as a multi-bank holding company. It offers commercial, business and retail banking services, including a full complement of cash management products, online banking services, consumer and residential loans.
Executives
John A Hackett director 131 CLARENDON STREET, BOSTON MA 02116
Hill Willard I Jr director 2651 STRANG BOULEVARD, SUITE 100, YORKTOWN HEIGHTS NY 10598
Michael P Goldrick officer: CEO PCSB Bank 2651 STRANG BOULEVARD, SUITE 100, YORKTOWN HEIGHTS NY 10598
Carl M Carlson officer: Chief Financial Officer 131 CLARENDON STREET, BOSTON MA 02116
Bogdan Nowak director 131 CLARENDON STREET, BOSTON MA 02116
David C Chapin director 131 CLARENDON STREET, BOSTON MA 02116
Margaret Boles Fitzgerald director 131 CLARENDON STREET, BOSTON MA 02116
Doyle John J Jr director 131 CLARENDON STREET, BOSTON MA 02116
William C Tsonos officer: CEO Bank Rhode Island 131 CLARENDON STREET, BOSTON MA 02116
Charles H Peck director 131 CLARENDON STREET, BOSTON MA 02116
Michael W. Mccurdy officer: CRO and General Counsel 131 CLARENDON STREET, BOSTON MA 02116
Marissa S. Martin officer: General Counsel 131 CLARENDON STREET, BOSTON MA 02116
Darryl J. Fess officer: CEO, Brookline Bank 131 CLARENDON STREET, BOSTON MA 02116
James M Cosman officer: Director of Operations 131 CLARENDON STREET, BOSTON MA 02116
Janytra M Brooks officer: Chief Human Resources Officer 131 CLARENDON STREET, BOSTON MA 02116