02:10 PM EDT, 04/25/2024 (MT Newswires) -- Brookline Bancorp ( BRKL ) shares dropped 13% in recent Thursday trading, a day after Q1 results trailed estimates by analysts.

The bank holding company reported Q1 GAAP EPS of $0.16 per diluted share, up from $0.09 a year earlier. Analysts surveyed by Capital IQ expected $0.22.

Revenue, expressed as the sum of net interest income and total noninterest income, fell to $87.9 million from $99 million a year earlier, the company said late Wednesday. Four analysts polled by Capital IQ expected $88.5 million.

Price: 8.28, Change: -1.26, Percent Change: -13.21