Mark Meiklejohn - Brookline Bancorp CEO
| BRKL Stock | USD 9.38 0.32 3.53% |
CEO
Mr. Mark J. Meiklejohn is President and Chief Executive Officer of Bank Rhode Island of the Company. Mr. Meiklejohn is President and Chief Executive Officer and a member of the Board of Directors of Bank Rhode Island. Mr. Meiklejohn joined Bank Rhode Island in January 2006 as the Director of Commercial Banking. In 2008, he became the Chief Lending Officer of the Bank Rhode Island, responsible for all lending activities as well as cash management, business development, and oversaw the operations at Macrolease, Inc., Bank Rhode Island leasing subsidiary. Prior to joining Bank Rhode Island, Mr. Meiklejohn was a Senior Vice President in middle market lending with Citizens Bank. Mr. Meiklejohn began his career at Fleet Bank in 1985 since 2012.
| Age | 60 |
| Tenure | 12 years |
| Address | 131 Clarendon Street, Boston, MA, United States, 02116 |
| Phone | 617 425 4600 |
| Web | https://www.brooklinebancorp.com |
Brookline Bancorp Management Efficiency
At this time, Brookline Bancorp's Return On Tangible Assets are quite stable compared to the past year. Return On Capital Employed is expected to rise to 0.04 this year, although the value of Return On Equity will most likely fall to 0.05. At this time, Brookline Bancorp's Intangible Assets are quite stable compared to the past year. Return On Tangible Assets is expected to rise to 0.01 this year, although the value of Net Tangible Assets will most likely fall to about 675.9 M. Brookline Bancorp's management efficiency ratios could be used to measure how well Brookline Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 3 records | CEO Age | ||
| John Bordelon | Home Bancorp | 68 | |
| Kim Liddell | Lake Shore Bancorp | 63 | |
| Daniel Reininga | Lake Shore Bancorp | 65 | |
Management Performance
| Return On Equity | 0.0685 | ||||
| Return On Asset | 0.0073 |
Brookline Bancorp Leadership Team
Elected by the shareholders, the Brookline Bancorp's board of directors comprises two types of representatives: Brookline Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Brookline. The board's role is to monitor Brookline Bancorp's management team and ensure that shareholders' interests are well served. Brookline Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Brookline Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Meiklejohn, CEO of Bank Rhode Island and President of Bank Rhode Island and Director of Bank Rhode Island | ||
| Sarah Merritt, Chief Human Resource Officer | ||
| Paul Perrault, CEO and President Director, Chairman of Brookline Bank and CEO of Brookline Bank | ||
| Joseph Slotnik, Independent Chairman of the Board | ||
| James McCarthy, President and CEO of First Ipswich Bank | ||
| Thomas Hollister, Independent Director | ||
| Joanne Chang, Director | ||
| Marissa Martin, General Secretary | ||
| Margaret Fitzgerald, Independent Director | ||
| Rosamond Vaule, Independent Director | ||
| Mona Macero, Executive Officer | ||
| James Cosman, Chief Officer | ||
| Janytra Brooks, Chief Officer | ||
| Charles Peck, Independent Director | ||
| David Chapin, Independent Director | ||
| Michael Fanger, President LLC | ||
| John Hackett, Independent Director | ||
| Kelly Bressette, Executive Operations | ||
| Bogdan Nowak, Independent Director | ||
| Peter Wilde, Independent Director | ||
| John Hall, Independent Director | ||
| Michael Goldrick, President Bank | ||
| Robert Rose, Chief Credit Officer | ||
| Merrill Sherman, Independent Director | ||
| Carl Carlson, CoPresident Officer | ||
| M Rose, Chief Credit Officer | ||
| Russell Cole, President and CEO of The First National Bank of Ipswich | ||
| John Doyle, Independent Director | ||
| Sandra Jenkins, Chief Human Resource Officer | ||
| William MacKenzie, VP Lending | ||
| Michael McCurdy, Chief Risk Officer, General Counsel and Corporate Secretary | ||
| John Pereira, Director | ||
| Darryl Fess, President and CEO of Brookline Bank | ||
| Michael Esq, CoPresident COO |
Brookline Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Brookline Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0685 | ||||
| Return On Asset | 0.0073 | ||||
| Profit Margin | 0.22 % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | 2.19 B | ||||
| Shares Outstanding | 89.65 M | ||||
| Shares Owned By Insiders | 3.05 % | ||||
| Shares Owned By Institutions | 80.30 % | ||||
| Number Of Shares Shorted | 1.22 M | ||||
| Price To Earning | 12.09 X |
Pair Trading with Brookline Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brookline Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brookline Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Brookline Stock
| 0.88 | AX | Axos Financial Financial Report 25th of April 2024 | PairCorr |
| 0.89 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
| 0.77 | PB | Prosperity Bancshares Earnings Call This Week | PairCorr |
Moving against Brookline Stock
| 0.72 | TECTP | Tectonic Financial | PairCorr |
| 0.65 | DB | Deutsche Bank AG Earnings Call This Week | PairCorr |
| 0.65 | CFG-PD | Citizens Financial | PairCorr |
| 0.59 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.54 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
The ability to find closely correlated positions to Brookline Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookline Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brookline Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brookline Bancorp to buy it.
The correlation of Brookline Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brookline Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookline Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brookline Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookline Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Brookline Stock please use our How to buy in Brookline Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Brookline Stock analysis
When running Brookline Bancorp's price analysis, check to measure Brookline Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brookline Bancorp is operating at the current time. Most of Brookline Bancorp's value examination focuses on studying past and present price action to predict the probability of Brookline Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookline Bancorp's price. Additionally, you may evaluate how the addition of Brookline Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Brookline Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brookline Bancorp. If investors know Brookline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brookline Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.32) | Dividend Share 0.54 | Earnings Share 0.85 | Revenue Per Share 3.779 | Quarterly Revenue Growth 0.053 |
The market value of Brookline Bancorp is measured differently than its book value, which is the value of Brookline that is recorded on the company's balance sheet. Investors also form their own opinion of Brookline Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Brookline Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brookline Bancorp's market value can be influenced by many factors that don't directly affect Brookline Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brookline Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookline Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookline Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.