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

Posted by Cynthia Vaughn on Jan 29th, 2025

BCB Bancorp (NASDAQ:BCBP – Get Free Report) issued its quarterly earnings results on Tuesday. The bank reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.13), Zacks reports. BCB Bancorp had a net margin of 10.59% and a return on equity of 7.31%.

BCB Bancorp Trading Down 1.3 %

Shares of NASDAQ BCBP opened at $11.73 on Wednesday. BCB Bancorp has a 1 year low of $9.19 and a 1 year high of $14.04. The stock has a market cap of $200.00 million, a P/E ratio of 10.03 and a beta of 0.61. The firm has a 50-day moving average of $12.19 and a 200 day moving average of $12.21. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.23 and a quick ratio of 1.23.

Insiders Place Their Bets

In other BCB Bancorp news, COO Ryan Blake sold 8,677 shares of BCB Bancorp stock in a transaction dated 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 transaction, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 15.86% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Get Our Latest Analysis on BCB Bancorp

About BCB Bancorp

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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.