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

Posted by Stacy Sanders on Jan 28th, 2025

BCB Bancorp (NASDAQ:BCBP – Get Free Report) issued its quarterly earnings results on Tuesday. The bank reported $0.16 EPS 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 Trading Up 3.0 %

BCBP opened at $11.89 on Tuesday. BCB Bancorp has a twelve month low of $9.19 and a twelve month high of $14.04. The company has a fifty day moving average of $12.21 and a 200-day moving average of $12.20. The stock has a market cap of $202.72 million, a PE ratio of 10.16 and a beta of 0.61. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.79.

Insider Activity at BCB Bancorp

In other BCB Bancorp news, COO Ryan Blake sold 8,677 shares of BCB Bancorp stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $13.06, for a total value of $113,321.62. Following the completion of the sale, the chief operating officer now directly owns 39,362 shares of the company’s stock, valued at approximately $514,067.72. The trade was a 18.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 15.86% of the stock is owned by company insiders.

Analyst Ratings Changes

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

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BCB Bancorp Company Profile

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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.