How to Buy Brookline Bancorp Stock
Brookline Bancorp Inc
Brookline Bancorp, Inc. operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States.
Brookline Bancorp stock last closed at $10.19, down 1.26% from the previous day, and has increased 1.29% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.03 percentage points. Brookline Bancorp stock is currently +10.28% from its 52-week low of $9.24, and -22.51% from its 52-week high of $13.15.
At the moment, there are 89.1M BRKL shares outstanding. The market cap of BRKL is $907.98M. In the past 24 hours, 599,000 BRKL shares were traded.
How to Buy Brookline Bancorp Stock
Wondering how to invest in Brookline Bancorp stock? Here's how.
- Decide where to buy Brookline Bancorp stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Brookline Bancorp stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your method of payment and add your information.
- Evaluate Brookline Bancorp stock: The Brookline Bancorp ticker symbol is BRKL. Is Brookline Bancorp stock a good investment? Should you buy shares of BRKL? How do BRKL's underlying business fundamentals look? Do top analysts think Brookline Bancorp is a good buy? Why has BRKL's stock price moved recently? (Hint: Our stock research tools can help you figure out if BRKL is a good stock to buy).
- Make your BRKL purchase: Decide if you will purchase BRKL shares at the current market price or use a limit order to purchase BRKL stock at a particular price.
- Get updates on your investment in BRKL: Create a watchlist to key updates about your position in Brookline Bancorp stock.
Step 1: Decide where to buy Brookline Bancorp stock
You will need a brokerage account in order to access the NASDAQ market and buy BRKL shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best stock brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global financial markets: From Tech to Financial Services, New York to Shanghai (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal details so you can invest in BRKL today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start your new trading account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've opened your account on stock market app, your next step is to transfer the money for your investment:
Watch the tutorial below for more details transferring money into your investment account.
Step 4: Evaluate Brookline Bancorp stock
Once you have chosen the best place to buy Brookline Bancorp stock, it's important to analyze their stock prior to buying, so you actually wrap your head around the risk and opportunity.
Brookline Bancorp quick stats
BRKL Fundamentals
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on BRKL's stock page.
Is BRKL stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge BRKL's fair value.
Using relative valuations measures:
- BRKL could be overvalued based on its P/E ratio of 12.58x, relative to Banks - Regional industry P/E ratio of 12.31x
- BRKL may be undervalued based on its P/B ratio of 0.73x, relative to Banks - Regional industry P/B ratio of 1.18x
- BRKL may be undervalued based on its PEG ratio of 0.45x
You can access more valuation analysis on BRKL's stock here.
A look at BRKL Cashflows and Balance Sheet
Passed Health Checks:
- BRKL earnings of $97.69M is not sufficient to cover its interest payments.
Failed Health Checks:
- Total BRKL debt is higher than 5 years ago, relative to shareholder equity.
- BRKL's operating cash flow of $104.13M allows it to safely service it's debt of $1.20B.
- BRKL has a relatively high debt to equity ratio of 8.29.
- BRKL profit margin has gone down from 24.1% to 21.6% in the past year.
You can dive deeper into what analysts are saying on the Brookline Bancorp stock forecast page.
BRKL Trading Indicators
Is BRKL Growing Revenue?
Last year, BRKL earnings were $73.15M. Over the last 5 year, BRKL's earnings have increased by 6.19% per year. This was slower than the Banks - Regional industry average of 16.06%.
Last year, BRKL revenue was $338.57M. During the past 5 year, BRKL's revenue has grown by 8.79% per year. This was slower than the Banks - Regional industry average of 13.65%.
Learn more about BRKL's earnings and revenue performance here.
Latest Insiders Trades at BRKL
In the last year, executives and large shareholders at BRKL have not bought or sold any shares.
Dig into more about who owns BRKL shares here.
Does BRKL stock generate passive income?
Brookline Bancorp pays a dividend of 3.97%, compared to the Banks - Regional industry's average dividend yield of 2.84%. If you owned $1,000 of BRKL stock, you would have received $39.74 last year.
Brookline Bancorp dividend payments have consistently grown over the past decade and have remained stable.
Dig into more info about Brookline Bancorp dividend yield and history here.
Get analysis from other investors
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your BRKL purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.
Hit the Open Trade button and eToro will place your order.
If you need additional help with investing in stocks on eToro, click the helpful video below:
Step 6: Get updates on your investment in BRKL
Now that you own some BRKL shares, you'll want to stay up-to-date on your company.
Make a watchlist to get notified of important updates regarding your BRKL stock.
BRKL Feed
How to Buy Stock in Brookline Bancorp
To reiterate, here are the 6 steps you need to take to buy Brookline Bancorp stock right now:
- Decide where to buy Brookline Bancorp stock
- Create a brokerage account
- Fund your brokerage account
- Evaluate Brookline Bancorp stock
- Make your BRKL purchase
- Get updates on your investment in BRKL
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to monitor your new investment in Brookline Bancorp, create your watchlist below.
Related Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.