Tuesday, April 16, 2024

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Tag: Brookline Bancorp Inc.

Bank Rhode Island parent company reports $17.3M Q1 loss

PROVIDENCE – Brookline Bancorp Inc., the Boston-based parent company of Bank Rhode Island, ended the first quarter of 2020 $17.3 million in the red, the...
BROOKLINE BANCORP, Bank Rhode Island's parent company, reported nearly $88 million in profit for 2019.

Bank Rhode Island parent company reports $87.7 million profit in 2019

PROVIDENCE – Brookline Bancorp Inc., the Boston-based parent company of Bank Rhode Island, reported Wednesday a record $87.7 million profit in 2019. Year-end earnings increased...
THE BANK RHODE ISLAND branch at 265 Jefferson Blvd. in Warwick, above, reopened on Feb. 26. The branch was previously located on Centreville Road in Warwick. / COURTESY BANKRI

Bank Rhode Island reopens branch in Warwick

WARWICK – Bank Rhode Island has officially reopened one of its branches at a new location on Jefferson Boulevard in Warwick. The new branch, which...
BANK RHODE ISLAND recently provided $1.6 million to help Newport Development Associates LLC to purchase a retail property, above, at 144 Thames St. in Newport. / COURTESY BANK RHODE ISLAND

Bank Rhode Island provides $1.6M for purchase of Newport building

NEWPORT – Bank Rhode Island recently provided $1.6 million to help finance the purchase of a retail property in Newport. The loan was made with...
BROOKLINE BANCORP.Brookline Bancorp Inc., parent of Bank Rhode Island, has agreed to pay $56 million to acquire First Commons Bank.

Bank Rhode Island parent to acquire Massachusetts bank for $56M

BOSTON – Brookline Bancorp Inc., parent of Bank Rhode Island, has agreed to pay $56 million for a Massachusetts bank, a move it projects...
BANK RHODE ISLAND this month provided a $1.3 million mortgage to help fund the acquisition of an apartment building on the East Side of Providence at 132 Elton St. /COURTESY BANK RHODE ISLAND

BankRI provides $1.3M mortgage to help finance apartment building acquisition

PROVIDENCE – Bank Rhode Island this month provided a $1.3 million mortgage to help fund the acquisition of an apartment building on the East...
BANK RHODE ISLAND recently provided $6 million to finance the acquisition of two properties in downtown Newport. The financial packages were made with Mortgage Acquisition Associates LLC and Swinburne Row Retail LLC.

BankRI provides $6M to finance acquisition of Newport properties

NEWPORT – Bank Rhode Island recently provided $6 million to finance the acquisition of two properties in downtown Newport. The financing packages were made with...
1 Capital Way, Cranston

BankRI finances $4M real estate deal in Cranston

CRANSTON – Bank Rhode Island last month provided $4 million in financing to purchase a three-story office building in Cranston. The loan was supported with...
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.

Brookline Bancorp raises $82M through public offering

BOSTON – Brookline Bancorp Inc., parent of Bank Rhode Island, raised $82 million through a public offering last week, which could go toward a...
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