BankRI parent company reports $75M profit in 2023, a drop of 31%

Updated at 12:45 p.m. on Jan. 25

PBN Staff

01/25/2024

BROOKLINE BANCORP Inc. on Thursday reported 2023 earnings of $75 million, down 31% from the profit of $109.7 million a year prior.

PROVIDENCE – Brookline Bancorp Inc., the parent company of Bank Rhode Island, on Thursday reported 2023 earnings of $75 million, down 31% compared to a profit of $109.7 million a year prior. Earnings per diluted share dropped to 85 cents for the year to $1.42. For the fourth quarter, the company reported a profit of

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