
Brookline Bank Cuts Specialty Finance Unit, But Still Sees Growth
While Brookline Bancorp Inc. is exiting a specialty vehicle financing business, the bank reported $66 million in loan growth elsewhere in its portfolio.
While Brookline Bancorp Inc. is exiting a specialty vehicle financing business, the bank reported $66 million in loan growth elsewhere in its portfolio.
Brookline Bank’s parent company recorded net income of $22.9 million in the fourth quarter of 2023, flat compared to the $22.7 million the previous quarter thanks to higher deposit costs and spending related to its acquisition of PCSB Bank.
In this week’s Personnel File, banks, real estate agencies, construction companies and credit unions are hiring in this employment surge.