BankRI parent, Brookline Bancorp, reports 2Q profit increase to $15.6M

BOSTON-BASED BROOKLINE BANCORP, parent of Bank Rhode Island, reported fourth-quarter and full-year earnings that were negatively impacted by the federal tax overhaul.
BOSTON-BASED BROOKLINE BANCORP, parent of Bank Rhode Island, reported fourth-quarter and full-year earnings that were negatively impacted by the federal tax overhaul.
BOSTON – Brookline Bancorp Inc. on Wednesday reported second-quarter profit grew 16.9 percent to $15.6 million, or 20 cents per diluted share, compared with $13.4 million, or 18 cents per diluted share, a year earlier. The Boston-based parent of Bank Rhode Island reported total interest and noninterest income increased 7.8 percent to $69.7 million for the…

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