Brookline Bancorp, Inc.

NASDAQ:BRKL  
13.50
+0.18 (+1.39%)
Other Pre-Announcement, Mergers / Acquisitions

Brookline Bancorp And PCSB Financial To Merge In Deal Valued At About $313 Mln

Published: 05/24/2022 12:16 GMT
Brookline Bancorp, Inc. (BRKL) - Brookline Bancorp, Inc. and Pcsb Financial Corporation Announce Strategic Merger.
Brookline Bancorp Inc - Transaction is Presently Valued at Approximately $313 Million.
Brookline Bancorp Inc - Proposed Deal for Approximately $20.72 per Pcsb Share.
Brookline Bancorp Inc - Sees Anticipated Double-digit EPS Accretion of Approximately 13% to Brookline's Earnings per Share From Deal.
Brookline Bancorp Inc - Following Transaction, Pcsb Bank Will Operate As a Separate Bank Subsidiary of Brookline.