FY2025 Earnings Forecast for BCBP Issued By DA Davidson

BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) – Research analysts at DA Davidson decreased their FY2025 earnings per share estimates for shares of BCB Bancorp, Inc. (NJ) in a note issued to investors on Tuesday, July 1st. DA Davidson analyst M. Navas now forecasts that the bank will post earnings per share of $0.12 for the year, down from their prior estimate of $0.13. The consensus estimate for BCB Bancorp, Inc. (NJ)’s current full-year earnings is $1.24 per share. DA Davidson also issued estimates for BCB Bancorp, Inc. (NJ)’s FY2026 earnings at $1.45 EPS.

BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) last announced its earnings results on Tuesday, April 22nd. The bank reported ($0.51) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.74). BCB Bancorp, Inc. (NJ) had a net margin of 2.31% and a return on equity of 1.50%. The company had revenue of $23.80 million for the quarter, compared to the consensus estimate of $24.28 million.

Separately, Keefe, Bruyette & Woods reduced their target price on BCB Bancorp, Inc. (NJ) from $12.50 to $10.50 and set a “market perform” rating on the stock in a research note on Thursday, April 24th.

BCB Bancorp, Inc. (NJ) Stock Performance

BCB Bancorp, Inc. (NJ) stock opened at $9.11 on Wednesday. BCB Bancorp, Inc. has a fifty-two week low of $7.54 and a fifty-two week high of $14.04. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.19 and a current ratio of 1.19. The stock has a market cap of $156.33 million, a P/E ratio of 60.73 and a beta of 0.71. The firm’s fifty day moving average price is $8.20 and its 200-day moving average price is $9.73.

BCB Bancorp, Inc. (NJ) Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Investors of record on Wednesday, May 7th were given a $0.16 dividend. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a $0.64 dividend on an annualized basis and a yield of 7.03%. BCB Bancorp, Inc. (NJ)’s payout ratio is 426.67%.

Insider Transactions at BCB Bancorp, Inc. (NJ)

In other BCB Bancorp, Inc. (NJ) news, Director Mark D. Hogan purchased 10,000 shares of BCB Bancorp, Inc. (NJ) stock in a transaction on Friday, June 13th. The shares were acquired at an average cost of $7.74 per share, for a total transaction of $77,400.00. Following the completion of the transaction, the director directly owned 621,140 shares of the company’s stock, valued at approximately $4,807,623.60. The trade was a 1.64% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders purchased a total of 23,880 shares of company stock valued at $188,201 over the last ninety days. 15.86% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On BCB Bancorp, Inc. (NJ)

A number of hedge funds have recently made changes to their positions in the business. Public Employees Retirement System of Ohio bought a new position in shares of BCB Bancorp, Inc. (NJ) during the 4th quarter valued at $42,000. Wells Fargo & Company MN lifted its stake in BCB Bancorp, Inc. (NJ) by 27.8% in the fourth quarter. Wells Fargo & Company MN now owns 8,763 shares of the bank’s stock worth $104,000 after purchasing an additional 1,907 shares during the last quarter. Private Advisor Group LLC purchased a new stake in BCB Bancorp, Inc. (NJ) during the first quarter valued at about $122,000. Hsbc Holdings PLC bought a new position in shares of BCB Bancorp, Inc. (NJ) during the first quarter valued at about $125,000. Finally, First Trust Advisors LP purchased a new position in shares of BCB Bancorp, Inc. (NJ) in the fourth quarter worth about $127,000. 36.00% of the stock is currently owned by institutional investors.

About BCB Bancorp, Inc. (NJ)

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.