Brookline Bancorp - Providence Business News

BankRI parent company reports $22.6M profit in Q3

Financial Services 10/23/2019

PROVIDENCE – Bank Rhode Island’s parent company Wednesday reported a third-quarter profit of $22.6 million, a slight increase from a $22.5 million profit in...

Brookline Bancorp reports second-quarter dip in profit

Financial Services 07/24/2019

PROVIDENCE – Bank Rhode Island’s holding company Wednesday reported a 2% decrease in profit in the second quarter compared with the same period last...

Bank Rhode Island hires Brito as new manager for business banking

Financial Services 07/22/2019

PROVIDENCE – Bank Rhode Island has hired Joseph Brito as vice president/business banking relationship manager, the bank announced. Brito’s duties include developing and maintaining commercial...

BankRI’s equipment finance business gets new leader

Financial Services 06/10/2019

PROVIDENCE – Paul Vecker will succeed 50-year veteran Daniel West as president and CEO of Macrolease Corp., an equipment finance company and Bank Rhode...

BANK RHODE ISLAND's parent company posted net income of $22.5 million in the first quarter, a 15.9% increase from the same quarter a year ago.

Bank RI parent posts 16% Q1 profit

Financial Services 04/24/2019

PROVIDENCE – The parent company of Bank Rhode Island reported Wednesday that net income for the first quarter rose 15.9% from the same period...

BankRI parent reports record earnings of $83M in 2018

Financial Services 01/30/2019

PROVIDENCE – Brookline Bancorp Inc., the Boston-based holding company for Bank Rhode Island, late Wednesday reported record earnings for 2018. Earnings for the year totaled...

BankRI provides $20M loan to finance construction of Hammetts Wharf Hotel

Financial Services 01/29/2019

PROVIDENCE – Bank Rhode Island said it has procured financing to provide a $20.5 million loan to Newport-based Hammetts Wharf LLC for construction of...