BCB Bancorp (NASDAQ:BCBP) Releases Earnings Results, Misses Estimates By $0.13 EPS

Posted by Tech Dows on Jan 28th, 2025

BCB Bancorp (NASDAQ:BCBP – Get Free Report) issued its earnings results on Tuesday. The bank reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.13), Zacks reports. BCB Bancorp had a return on equity of 7.31% and a net margin of 10.59%.

BCB Bancorp Stock Up 1.0 %

Shares of NASDAQ:BCBP opened at $11.66 on Tuesday. BCB Bancorp has a 1 year low of $9.19 and a 1 year high of $14.04. The business has a 50 day simple moving average of $12.21 and a two-hundred day simple moving average of $12.20. The firm has a market capitalization of $198.72 million, a PE ratio of 9.96 and a beta of 0.61. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.23 and a quick ratio of 1.23.

Insider Buying and Selling at BCB Bancorp

In other BCB Bancorp news, COO Ryan Blake sold 8,677 shares of the business’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $13.06, for a total transaction of $113,321.62. Following the completion of the transaction, the chief operating officer now owns 39,362 shares in the company, valued at $514,067.72. The trade was a 18.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 15.86% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods upped their price target on shares of BCB Bancorp from $13.25 to $13.50 and gave the company a “market perform” rating in a research note on Tuesday, October 22nd.

Read Our Latest Research Report on BCB Bancorp

BCB Bancorp Company Profile

(Get Free Report)

BCB Bancorp, Inc operates as a bank holding company for BCB Community Bank that engages in the provision of banking products and services to businesses and individuals in the United States. The company offers insured deposit products, including savings and club accounts, interest and non-interest-bearing demand accounts, money market accounts, certificates of deposit, and individual retirement accounts.