BCB Bancorp (BCBP) Set to Announce Earnings on Tuesday

BCB Bancorp (NASDAQ:BCBPGet Free Report) is scheduled to release its earnings data on Tuesday, April 16th.

BCB Bancorp (NASDAQ:BCBPGet Free Report) last posted its quarterly earnings results on Thursday, January 25th. The bank reported $0.35 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.02). BCB Bancorp had a return on equity of 11.46% and a net margin of 15.32%. The company had revenue of $27.15 million during the quarter, compared to analysts’ expectations of $27.33 million. On average, analysts expect BCB Bancorp to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

BCB Bancorp Stock Down 1.3 %

Shares of BCB Bancorp stock opened at $9.78 on Monday. BCB Bancorp has a 1 year low of $9.40 and a 1 year high of $13.90. The stock has a market cap of $165.77 million, a price-to-earnings ratio of 5.75 and a beta of 0.58. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.20 and a quick ratio of 1.20. The firm’s 50-day moving average is $10.49 and its two-hundred day moving average is $11.34.

BCB Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 16th. Shareholders of record on Monday, February 5th were given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 6.54%. The ex-dividend date was Friday, February 2nd. BCB Bancorp’s dividend payout ratio is presently 37.65%.

Wall Street Analysts Forecast Growth

BCBP has been the topic of a number of research analyst reports. TheStreet cut shares of BCB Bancorp from a “b-” rating to a “c+” rating in a research note on Tuesday, February 20th. Piper Sandler boosted their price objective on shares of BCB Bancorp from $13.00 to $13.50 and gave the company a “neutral” rating in a report on Tuesday, January 30th. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $15.00.

View Our Latest Stock Analysis on BCBP

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Tower Research Capital LLC TRC increased its position in BCB Bancorp by 113.6% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,303 shares of the bank’s stock worth $26,000 after purchasing an additional 1,225 shares during the last quarter. Advisor Group Holdings Inc. lifted its position in shares of BCB Bancorp by 139.6% in the 4th quarter. Advisor Group Holdings Inc. now owns 1,756 shares of the bank’s stock worth $31,000 after acquiring an additional 1,023 shares during the period. FMR LLC lifted its position in shares of BCB Bancorp by 36.2% during the 1st quarter. FMR LLC now owns 3,716 shares of the bank’s stock worth $49,000 after buying an additional 988 shares during the period. UBS Group AG lifted its position in shares of BCB Bancorp by 188.9% during the 3rd quarter. UBS Group AG now owns 2,932 shares of the bank’s stock worth $50,000 after buying an additional 1,917 shares during the period. Finally, Citigroup Inc. acquired a new position in BCB Bancorp in the second quarter worth $57,000. Institutional investors own 36.00% of the company’s stock.

About BCB Bancorp

(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.

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Earnings History for BCB Bancorp (NASDAQ:BCBP)

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