Financial Services -
Banks - Regional - NASDAQ - US
$ 9.91
0.304 %
$ 226 M
Market Cap
-18.02
P/E
1. INTRINSIC VALUE
Balance Sheet
Blue Foundry Bancorp
| Current Assets | 46 M |
| Cash & Short-Term Investments | 46 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 2 B |
| Long-Term Investments | 317 M |
| PP&E | 57.6 M |
| Other Non-Current Assets | 1.62 B |
| Current Liabilities | 26.8 M |
| Accounts Payable | 0 |
| Short-Term Debt | 330 M |
| Other Current Liabilities | -304 M |
| Non-Current Liabilities | 1.69 B |
| Long-Term Debt | 97.3 M |
| Other Non-Current Liabilities | 1.59 B |
EFFICIENCY
Earnings Waterfall
Blue Foundry Bancorp
| Revenue | 43.7 M |
| Cost Of Revenue | 0 |
| Gross Profit | 43.7 M |
| Operating Expenses | 46.3 M |
| Operating Income | -2.12 M |
| Other Expenses | 5.28 M |
| Net Income | -7.4 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Blue Foundry Bancorp
| Net Income | -7.4 M |
| Depreciation & Amortization | 2.87 M |
| Capital Expenditures | -5.57 M |
| Stock-Based Compensation | 3.77 M |
| Change in Working Capital | -13.7 M |
| Others | -11.4 M |
| Free Cash Flow | -17.7 M |
Wall Street Analysts Price Targets
Blue Foundry Bancorp
Wall Street analysts predict an average 1-year price target for BLFY of $12 , with forecasts ranging from
a
low of
$12 to a high of $12 .
BLFY Lowest Price Target
Wall Street Target
12 USD
21.09%
BLFY Average Price Target
Wall Street Target
12 USD
21.09%
BLFY Highest Price Target
Wall Street Target
12 USD
21.09%
4. DIVIDEND
ANALYSIS
BLFY does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Blue Foundry Bancorp
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
37.8 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
25.9 K USD 1
Bought
0 USD 0
0-3 MONTHS
11 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
4 months ago
Sep 19, 2024
|
Bought
11 K USD
|
Owes Keith
Chief Risk Officer
|
+ 1000
|
11.02 USD |
|
5 months ago
Aug 28, 2024
|
Sell 37.8 K
USD
|
Goldstein Robert Thomas
Director
|
- 3500
|
10.795 USD |
|
1 year ago
Jan 26, 2024
|
Sell 1.79 K
USD
|
Letsche Margaret
Director
|
- 177
|
10.11 USD |
|
1 year ago
Jan 26, 2024
|
Sell 2.02 K
USD
|
Letsche Margaret
Director
|
- 200
|
10.08 USD |
|
1 year ago
Jan 26, 2024
|
Sell 4.92 K
USD
|
Letsche Margaret
Director
|
- 487
|
10.1001 USD |
|
1 year ago
Jan 26, 2024
|
Sell 17.1 K
USD
|
Letsche Margaret
Director
|
- 1703
|
10.07 USD |
|
1 year ago
May 18, 2023
|
Bought
9.21 K USD
|
Ely James Christopher
Director
|
+ 1000
|
9.2087 USD |
|
1 year ago
May 18, 2023
|
Bought
8.12 K USD
|
Shaw Jonathan M.
Director
|
+ 900
|
9.02 USD |
|
1 year ago
May 17, 2023
|
Bought
383 USD
|
JOBES ELIZABETH VARKI
Director
|
+ 43
|
8.8999 USD |
|
1 year ago
May 17, 2023
|
Bought
19.6 K USD
|
JOBES ELIZABETH VARKI
Director
|
+ 2204
|
8.8996 USD |
|
1 year ago
May 17, 2023
|
Bought
1.17 K USD
|
Nesci James D
President and CEO
|
+ 134
|
8.7433 USD |
|
1 year ago
May 17, 2023
|
Bought
7.57 K USD
|
Nesci James D
President and CEO
|
+ 866
|
8.74 USD |
|
1 year ago
May 17, 2023
|
Bought
8.87 K USD
|
Goldstein Robert Thomas
Director
|
+ 1000
|
8.87 USD |
|
1 year ago
May 17, 2023
|
Bought
10 K USD
|
Grimbilas Kenneth
Director
|
+ 1117
|
8.9499 USD |
|
1 year ago
May 08, 2023
|
Bought
9.06 K USD
|
Goldberg Jason M.
EVP and Chief Lending Officer
|
+ 1000
|
9.06 USD |
|
1 year ago
May 02, 2023
|
Bought
1.22 K USD
|
ROWE ROBERT
EVP and Chief Risk Officer
|
+ 142
|
8.595 USD |
|
1 year ago
May 02, 2023
|
Bought
2.31 K USD
|
ROWE ROBERT
EVP and Chief Risk Officer
|
+ 268
|
8.61 USD |
|
1 year ago
May 02, 2023
|
Bought
39.6 K USD
|
ROWE ROBERT
EVP and Chief Risk Officer
|
+ 4590
|
8.62 USD |
|
1 year ago
May 02, 2023
|
Bought
8.67 K USD
|
Nesci James D
President and CEO
|
+ 1000
|
8.67 USD |
|
1 year ago
Mar 13, 2023
|
Bought
4.94 K USD
|
Letsche Margaret
Director
|
+ 500
|
9.89 USD |
|
1 year ago
Mar 13, 2023
|
Bought
7.88 K USD
|
Letsche Margaret
Director
|
+ 800
|
9.8449 USD |
|
2 years ago
Jan 30, 2023
|
Bought
58.1 K USD
|
ROWE ROBERT
EVP and CRO
|
+ 5000
|
11.6199 USD |
|
2 years ago
Oct 07, 2022
|
Bought
1.12 K USD
|
Kinzler Patrick H.
Director
|
+ 100
|
11.24 USD |
|
2 years ago
Oct 03, 2022
|
Bought
1.11 K USD
|
Kinzler Patrick H.
Director
|
+ 100
|
11.14 USD |
|
2 years ago
Sep 07, 2022
|
Bought
5.29 K USD
|
Goldstein Robert Thomas
director:
|
+ 476
|
11.12 USD |
|
2 years ago
Sep 06, 2022
|
Bought
11.1 K USD
|
Goldstein Robert Thomas
director:
|
+ 1000
|
11.1022 USD |
|
2 years ago
Sep 02, 2022
|
Bought
3.39 K USD
|
Kinzler Patrick H.
director:
|
+ 300
|
11.3 USD |
|
2 years ago
Aug 25, 2022
|
Bought
18 K USD
|
Kinzler Patrick H.
director:
|
+ 1552
|
11.6 USD |
|
2 years ago
Aug 24, 2022
|
Bought
23.2 K USD
|
Kinzler Patrick H.
director:
|
+ 2000
|
11.59 USD |
|
2 years ago
Jul 29, 2022
|
Bought
23.5 K USD
|
Kinzler Patrick H.
director:
|
+ 2000
|
11.75 USD |
|
2 years ago
Jun 17, 2022
|
Bought
6.38 K USD
|
Grimbilas Kenneth
director:
|
+ 548
|
11.65 USD |
|
2 years ago
Jun 16, 2022
|
Bought
11.4 K USD
|
Kinzler Patrick H.
director:
|
+ 1000
|
11.37 USD |
|
2 years ago
Jun 13, 2022
|
Bought
24.5 K USD
|
Shaw Jonathan M.
director:
|
+ 2125
|
11.54 USD |
|
2 years ago
May 19, 2022
|
Bought
23.4 K USD
|
Kinzler Patrick H.
director:
|
+ 2000
|
11.69 USD |
|
2 years ago
May 17, 2022
|
Bought
11.8 K USD
|
Letsche Margaret
director:
|
+ 1000
|
11.7966 USD |
|
2 years ago
May 12, 2022
|
Bought
5.75 K USD
|
Nesci James D
President and CEO
|
+ 500
|
11.5 USD |
|
2 years ago
May 12, 2022
|
Bought
23 K USD
|
Kinzler Patrick H.
director:
|
+ 2000
|
11.49 USD |
|
2 years ago
May 11, 2022
|
Bought
4.99 K USD
|
Agnoletto Alexander
VP and Interim CFO
|
+ 423
|
11.8 USD |
|
2 years ago
May 10, 2022
|
Bought
36 K USD
|
Kinzler Patrick H.
director:
|
+ 3000
|
11.99 USD |
|
2 years ago
May 05, 2022
|
Bought
22 K USD
|
Ciurlino Brent Michael
EVP and CRO
|
+ 1750
|
12.556 USD |
|
2 years ago
May 04, 2022
|
Bought
14.6 K USD
|
Miller Elizabeth Marie
EVP and CRO
|
+ 1150
|
12.6797 USD |
|
2 years ago
Apr 29, 2022
|
Bought
3.85 K USD
|
Nesci James D
President and CEO
|
+ 303
|
12.72 USD |
|
2 years ago
Apr 29, 2022
|
Bought
2.51 K USD
|
Nesci James D
President and CEO
|
+ 197
|
12.7199 USD |
|
2 years ago
Apr 29, 2022
|
Bought
6.36 K USD
|
Nesci James D
President and CEO
|
+ 500
|
12.7118 USD |
|
2 years ago
Apr 29, 2022
|
Bought
1.27 K USD
|
Nesci James D
President and CEO
|
+ 100
|
12.6599 USD |
|
2 years ago
Apr 29, 2022
|
Bought
1.26 K USD
|
Nesci James D
President and CEO
|
+ 100
|
12.5937 USD |
|
2 years ago
Apr 29, 2022
|
Bought
1.26 K USD
|
Nesci James D
President and CEO
|
+ 100
|
12.5911 USD |
|
2 years ago
Apr 27, 2022
|
Bought
21.8 K USD
|
Kinzler Patrick H.
director:
|
+ 1700
|
12.82 USD |
|
2 years ago
Apr 26, 2022
|
Bought
29.4 K USD
|
Kinzler Patrick H.
director:
|
+ 2300
|
12.79 USD |
|
2 years ago
Mar 11, 2022
|
Bought
3.42 K USD
|
Ciurlino Brent Michael
EVP and CRO
|
+ 250
|
13.7 USD |
|
2 years ago
Mar 04, 2022
|
Bought
5 K USD
|
Agnoletto Alexander
VP and Interim CFO
|
+ 375
|
13.33 USD |
|
2 years ago
Feb 25, 2022
|
Bought
13.6 K USD
|
Ciurlino Brent Michael
EVP and CRO
|
+ 1000
|
13.5919 USD |
|
3 years ago
Jan 28, 2022
|
Bought
29.1 K USD
|
Ciurlino Brent Michael
EVP and CRO
|
+ 2000
|
14.5298 USD |
|
3 years ago
Jan 21, 2022
|
Bought
3.54 K USD
|
Kinzler Patrick H.
Director
|
+ 249
|
14.23 USD |
|
3 years ago
Jan 20, 2022
|
Bought
25.4 K USD
|
Kinzler Patrick H.
Director
|
+ 1805
|
14.09 USD |
|
3 years ago
Jan 19, 2022
|
Bought
32.9 K USD
|
Kinzler Patrick H.
Director
|
+ 2320
|
14.19 USD |
|
3 years ago
Jan 18, 2022
|
Bought
22.8 K USD
|
Kinzler Patrick H.
Director
|
+ 1579
|
14.44 USD |
|
3 years ago
Jan 11, 2022
|
Bought
1.45 K USD
|
Kinzler Patrick H.
Director
|
+ 100
|
14.48 USD |
|
3 years ago
Jan 10, 2022
|
Bought
7.54 K USD
|
Kinzler Patrick H.
Director
|
+ 521
|
14.48 USD |
|
3 years ago
Jan 06, 2022
|
Bought
1.45 K USD
|
Kinzler Patrick H.
Director
|
+ 100
|
14.5 USD |
|
3 years ago
Dec 29, 2021
|
Bought
1.83 K USD
|
Kinzler Patrick H.
Director
|
+ 126
|
14.5 USD |
|
3 years ago
Dec 28, 2021
|
Bought
2.9 K USD
|
Kinzler Patrick H.
Director
|
+ 200
|
14.5 USD |
|
3 years ago
Dec 27, 2021
|
Bought
7.24 K USD
|
Kinzler Patrick H.
Director
|
+ 500
|
14.48 USD |
|
3 years ago
Nov 30, 2021
|
Bought
5.8 K USD
|
Kinzler Patrick H.
Director
|
+ 400
|
14.5 USD |
|
3 years ago
Nov 30, 2021
|
Bought
14.3 K USD
|
Kinzler Patrick H.
Director
|
+ 1000
|
14.335 USD |
|
3 years ago
Nov 29, 2021
|
Bought
5.33 K USD
|
Kinzler Patrick H.
Director
|
+ 356
|
14.9699 USD |
|
3 years ago
Nov 29, 2021
|
Bought
6.34 K USD
|
Kinzler Patrick H.
Director
|
+ 424
|
14.9633 USD |
|
3 years ago
Nov 29, 2021
|
Bought
3.29 K USD
|
Kinzler Patrick H.
Director
|
+ 220
|
14.96 USD |
|
3 years ago
Nov 29, 2021
|
Bought
14.9 K USD
|
Miller Elizabeth Marie
EVP and CRO
|
+ 1000
|
14.9485 USD |
|
3 years ago
Nov 19, 2021
|
Bought
44.5 K USD
|
Johnson Michele Dowling
EVP/Chief Marketing Officer
|
+ 3000
|
14.83 USD |
|
3 years ago
Nov 02, 2021
|
Bought
14.7 K USD
|
Miller Elizabeth Marie
EVP and CRO
|
+ 1050
|
13.97 USD |
|
3 years ago
Nov 02, 2021
|
Bought
9.77 K USD
|
Miller Elizabeth Marie
EVP and CRO
|
+ 700
|
13.955 USD |
|
3 years ago
Oct 27, 2021
|
Bought
55.3 K USD
|
Ciurlino Brent Michael
EVP and CRO
|
+ 4000
|
13.8373 USD |
|
3 years ago
Oct 25, 2021
|
Bought
27.9 K USD
|
Johnson Michele Dowling
EVP/Chief Marketing Officer
|
+ 2000
|
13.9398 USD |
|
3 years ago
Oct 25, 2021
|
Bought
11.1 K USD
|
Nesci James D
President and CEO
|
+ 800
|
13.9199 USD |
|
3 years ago
Oct 25, 2021
|
Bought
6.96 K USD
|
Nesci James D
President and CEO
|
+ 500
|
13.9146 USD |
|
3 years ago
Oct 25, 2021
|
Bought
1.39 K USD
|
Nesci James D
President and CEO
|
+ 100
|
13.9066 USD |
|
3 years ago
Oct 25, 2021
|
Bought
1.39 K USD
|
Nesci James D
President and CEO
|
+ 100
|
13.905 USD |
|
3 years ago
Oct 25, 2021
|
Bought
6.95 K USD
|
Nesci James D
President and CEO
|
+ 500
|
13.9047 USD |
|
3 years ago
Oct 25, 2021
|
Bought
8.34 K USD
|
Nesci James D
President and CEO
|
+ 600
|
13.9 USD |
|
3 years ago
Oct 25, 2021
|
Bought
1.71 K USD
|
Nesci James D
President and CEO
|
+ 123
|
13.899 USD |
|
3 years ago
Oct 25, 2021
|
Bought
13.9 K USD
|
Nesci James D
President and CEO
|
+ 1000
|
13.88 USD |
|
3 years ago
Oct 25, 2021
|
Bought
17.7 K USD
|
Nesci James D
President and CEO
|
+ 1277
|
13.85 USD |
|
3 years ago
Sep 20, 2021
|
Bought
7.95 K USD
|
Kinzler Patrick H.
Director
|
+ 600
|
13.25 USD |
|
3 years ago
Sep 17, 2021
|
Bought
40.6 K USD
|
Nesci James D
President and CEO
|
+ 3000
|
13.55 USD |
|
3 years ago
Sep 15, 2021
|
Bought
7.1 K USD
|
Miller Elizabeth Marie
EVP and CRO
|
+ 500
|
14.2 USD |
|
3 years ago
Sep 15, 2021
|
Bought
17 K USD
|
Miller Elizabeth Marie
EVP and CRO
|
+ 1200
|
14.195 USD |
|
3 years ago
Sep 13, 2021
|
Bought
185 K USD
|
Shaw Jonathan M.
Director
|
+ 12875
|
14.36 USD |
|
3 years ago
Sep 13, 2021
|
Bought
129 K USD
|
Shaw Jonathan M.
Director
|
+ 9000
|
14.36 USD |
|
3 years ago
Sep 07, 2021
|
Bought
28 K USD
|
Ciurlino Brent Michael
EVP and CCO
|
+ 2000
|
13.99 USD |
|
3 years ago
Aug 30, 2021
|
Bought
237 K USD
|
Goldstein Robert Thomas
Director
|
+ 17500
|
13.561 USD |
|
3 years ago
Aug 27, 2021
|
Bought
16.9 K USD
|
Nesci James D
President and CEO
|
+ 1243
|
13.6199 USD |
|
3 years ago
Aug 27, 2021
|
Bought
51.2 K USD
|
Nesci James D
President and CEO
|
+ 3757
|
13.615 USD |
|
3 years ago
Aug 20, 2021
|
Bought
132 K USD
|
Nesci James D
President and CEO
|
+ 9791
|
13.48 USD |
|
3 years ago
Aug 20, 2021
|
Bought
40.4 USD
|
Nesci James D
President and CEO
|
+ 3
|
13.475 USD |
|
3 years ago
Aug 20, 2021
|
Bought
2.77 K USD
|
Nesci James D
President and CEO
|
+ 206
|
13.47 USD |
|
3 years ago
Aug 20, 2021
|
Bought
132 K USD
|
Nesci James D
President and CEO
|
+ 9791
|
13.48 USD |
|
3 years ago
Aug 20, 2021
|
Bought
40.4 USD
|
Nesci James D
President and CEO
|
+ 3
|
13.475 USD |
|
3 years ago
Aug 20, 2021
|
Bought
2.77 K USD
|
Nesci James D
President and CEO
|
+ 206
|
13.47 USD |
|
3 years ago
Jul 27, 2021
|
Bought
92.7 K USD
|
Goldstein Robert Thomas
Director
|
+ 7500
|
12.36 USD |
|
3 years ago
Jul 27, 2021
|
Bought
25 K USD
|
Johnson Michele Dowling
EVP/Chief Marketing Officer
|
+ 2000
|
12.5 USD |
|
3 years ago
Jul 16, 2021
|
Bought
74.9 K USD
|
Lang Mirella
Director
|
+ 5765
|
12.99 USD |
7. News
Blue Foundry Bancorp Schedules Fourth Quarter and Year-End 2024 Earnings Conference Call
RUTHERFORD, N.J., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY) (the “Company”), the holding company for Blue Foundry Bank, announced that on the morning of Wednesday, January 29, 2025 it will release financial results for the quarter ended December 31, 2024. A copy of the earnings release will be available on the Company's website, https://ir.bluefoundrybank.com/ , in the “News” section and on the SEC's website, https://www.sec.gov/ .
globenewswire.com
- 2 weeks ago
Blue Foundry Rewards Shareholders With New Share Repurchase Plan
BLFY announces its fifth stock repurchase plan, along with the completion of its previous program. Given its weak liquidity profile, this seems unsustainable.
zacks.com
- 2 months ago
Blue Foundry Bancorp Announces Completion of Fourth Stock Repurchase Program and Adoption of Fifth Stock Repurchase Program
RUTHERFORD, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY), the holding company for Blue Foundry Bank, announced that as of November 7, 2024, it had completed its fourth stock repurchase program and had adopted another program to repurchase up to 1,139,420 shares of its common stock, which is approximately 5% of its outstanding common stock. The program commenced on November 8, 2024. This is the Company's fifth stock repurchase program since completing its mutual-to-stock conversion and related stock offering in July 2021.
globenewswire.com
- 2 months ago
Blue Foundry Bancorp (BLFY) Q3 2024 Results Conference Call Transcript
Start Time: 11:00 January 1, 0000 11:23 AM ET Blue Foundry Bancorp (NASDAQ:BLFY ) Q3 2024 Results Conference Call October 23, 2024, 11:00 AM ET Company Participants James Nesci - President and CEO Kelly Pecoraro - EVP and CFO Conference Call Participants Justin Crowley - Piper Sandler Chris O'Connell - KBW Operator Good morning, and welcome to Blue Foundry Bancorp's Third Quarter 2024 Earnings Call. Comments made during today's call may include forward-looking statements, which are based on management's current expectations and are subject to uncertainty and changes in circumstance.
seekingalpha.com
- 3 months ago
Blue Foundry Bancorp (BLFY) Reports Q3 Loss, Lags Revenue Estimates
Blue Foundry Bancorp (BLFY) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.06 per share a year ago.
zacks.com
- 3 months ago
Blue Foundry Bancorp Reports Third Quarter 2024 Results
RUTHERFORD, N.J., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ:BLFY) (the “Company”), the holding company for Blue Foundry Bank (the “Bank”), today reported a net loss of $4.0 million, or $0.19 per diluted common share, for the three months ended September 30, 2024, compared to net loss of $2.3 million, or $0.11 per diluted common share, for the three months ended June 30, 2024, and a net loss of $1.4 million, or $0.06 per diluted common share, for the three months ended September 30, 2023.
globenewswire.com
- 3 months ago
Blue Foundry Bancorp Schedules Third Quarter 2024 Earnings Conference Call
RUTHERFORD, N.J., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY) (the “Company”), the holding company for Blue Foundry Bank, announced that on the morning of Wednesday, October 23, 2024 it will release financial results for the quarter ended September 30, 2024. A copy of the earnings release will be available on the Company's website, https://ir.bluefoundrybank.com/ , in the “News” section and on the SEC's website, https://www.sec.gov/.
globenewswire.com
- 3 months ago
Best Momentum Stocks to Buy for August 2nd
WT, BLFY, and SVM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 2, 2024.
zacks.com
- 5 months ago
Blue Foundry Bancorp (BLFY) Upgraded to Buy: What Does It Mean for the Stock?
Blue Foundry Bancorp (BLFY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
zacks.com
- 6 months ago
Blue Foundry Bancorp (BLFY) Q2 2024 Earnings Call Transcript
Blue Foundry Bancorp (NASDAQ:BLFY ) Q2 2024 Earnings Conference Call July 24, 2024 11:00 AM ET Company Participants James Nesci - President and Chief Executive Officer Kelly Pecoraro - Executive Vice President and Chief Financial Officer Conference Call Participants Justin Crowley - Piper Sandler Christopher O'Connell - KBW Operator Good morning and welcome to Blue Foundry Bancorp's Second Quarter 2024 Earnings Call. Comments made during today's call may include forward-looking statements, which are based on management's current expectations and are subject to uncertainty and changes in circumstances.
seekingalpha.com
- 6 months ago
Blue Foundry Bancorp (BLFY) Reports Q2 Loss, Tops Revenue Estimates
Blue Foundry Bancorp (BLFY) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.08 per share a year ago.
zacks.com
- 6 months ago
Blue Foundry Bancorp Reports Second Quarter 2024 Results
RUTHERFORD, N.J., July 24, 2024 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ:BLFY) (the “Company”), the holding company for Blue Foundry Bank (the “Bank”), today reported a net loss of $2.3 million, or $0.11 per diluted common share, for the three months ended June 30, 2024, compared to net loss of $2.8 million, or $0.13 per diluted common share, for the three months ended March 31, 2024, and a net loss of $1.8 million, or $0.08 per diluted common share, for the three months ended June 30, 2023.
globenewswire.com
- 6 months ago
8. Profile
Summary
Blue Foundry Bancorp BLFY
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 226 M
Dividend Yield
0.18%
Description
Blue Foundry Bancorp operates as a bank holding company for Blue Foundry Bank, a savings bank that offers various banking products and services for individuals and businesses. The company offers deposits; and loans, such as one-to-four family residential property, home equity, commercial real estate, multi-family, construction, commercial and industrial, and other consumer loans, as well as home equity lines of credit. As of December 31, 2021, it operated 17 full-service branch offices located in northern New Jersey. The company was formerly known as Boiling Springs Bancorp and changed its name to Blue Foundry Bancorp in July 2019. Blue Foundry Bancorp was founded in 1939 and is based in Rutherford, New Jersey.
Contact
19 Park Avenue, Rutherford, NJ, 07070
https://www.bluefoundrybank.com
IPO
Date
July 16, 2021
Employees
179
Officers
Mr. Aleksander Malkiman
Executive Vice President & Chief Technology Officer
Mr. Keith D. Owes
Executive Vice President and Chief Risk Officer
Ms. Kelly Pecoraro CPA
Executive Vice President & Chief Financial Officer
Ms. Acela Roselle
Executive Vice President & Human Resources Director
Mr. James D. Nesci
President, Chief Executive Officer & Director
Ms. Elyse D. Beidner J.D.
Executive Vice President, Chief Legal Officer & Corporate Secretary
Mr. Thomas R. Packwood
Senior Vice President & Chief Audit Executive