BCB Bancorp (BCBP) to Release Quarterly Earnings on Friday

BCB Bancorp (NASDAQ:BCBP) will likely be releasing its earnings data before the market opens on Friday, April 18th. Analysts expect BCB Bancorp to post earnings of $0.23 per share and revenue of $24.28 million for the quarter.

BCB Bancorp (NASDAQ:BCBP) last announced its quarterly earnings data on Tuesday, January 28th. The bank reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.13). BCB Bancorp had a net margin of 9.46% and a return on equity of 6.33%. 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 Trading Down 6.6 %

Shares of BCBP opened at $9.08 on Friday. BCB Bancorp has a fifty-two week low of $8.66 and a fifty-two week high of $14.04. The business has a 50-day moving average of $9.99 and a 200 day moving average of $11.46. The firm has a market cap of $155.84 million, a P/E ratio of 9.27 and a beta of 0.57. The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.23 and a current ratio of 1.23.

BCB Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, February 24th. Shareholders of record on Friday, February 7th were issued a dividend of $0.16 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $0.64 dividend on an annualized basis and a yield of 7.05%. BCB Bancorp’s payout ratio is 65.31%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Keefe, Bruyette & Woods lowered their price target on shares of BCB Bancorp from $15.00 to $13.75 and set a “market perform” rating on the stock in a report on Thursday, January 30th. Piper Sandler cut their price target on shares of BCB Bancorp from $14.00 to $13.00 and set a “neutral” rating for the company in a report on Thursday, January 30th.

BCB Bancorp Company Profile

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.