Brookline Bancorp Inc
NASDAQ:BRKL
During the last 3 months Brookline Bancorp Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 10% over this period (open performance analysis).
The last transaction was made on
May 8, 2024
by
Hollister Thomas J
(President & CEO)
, who
bought
20.9k USD
worth of BRKL shares.
During the last 3 months Brookline Bancorp Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 10% over this period (open performance analysis).
The last transaction was made on
May 8, 2024
by
Hollister Thomas J
(President & CEO)
, who
bought
20.9k USD
worth of BRKL shares.
Brookline Bancorp Inc
Glance View
Brookline Bancorp Inc. is a vibrant story of resilience and growth in the banking industry landscape. Founded in 1871, this Boston-based financial institution has woven itself into the fabric of the community, consistently prioritizing personalized service while ambitiously expanding its footprint. Selected as a preferred partner by small to medium-sized enterprises, Brookline extends its reach through a network of subsidiary banks, offering an array of services, including various deposit products, commercial and mortgage loans, as well as cash management solutions. The company's strength lies in its ability to blend traditional banking expertise with modern financial solutions, catering to both personal banking needs and complex business requirements. The crux of Brookline Bancorp's business model revolves around its adept handling of interest income, primarily derived from loans, balanced carefully with the interest expenses paid on deposits. By maintaining a robust loan portfolio and managing interest rate risk effectively, it creates a stable revenue stream. The company also garners non-interest income through fees related to loan servicing, retail banking, and wealth management services. This diversified revenue model not only solidifies Brookline's position in a competitive market but also ensures its financial resilience, enabling steady dividends to its shareholders and sustaining long-term growth. In essence, Brookline Bancorp thrives on its ability to nurture community-centric banking while navigating the ever-evolving financial landscape.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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