Brookline Bancorp Inc., parent company of Brookline Bank, has reported net income of $19.2 million in 2009, compared to $12.85 million in 2008.

Deposits grew 23 percent to $305.8 million in 2009, $105.1 million of which occurred in the fourth quarter.

The board of directors has also declared a dividend of $0.085 per share payable Feb. 18 to stockholders of record on Feb. 1.

 

Brookline Bank 2009 Income Up Almost 50 Percent

by Banker & Tradesman time to read: <1 min
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