Bogota Financial (NASDAQ:BSBK) Announces Quarterly Earnings Results

Key Points

• Bogota Financial (NASDAQ:BSBK) reported an earnings per share (EPS) of $0.02 for the quarter, with a negative return on equity of 0.09% and a negative net margin of 0.27%.
• The company's stock price opened at $8.39, with a market cap of $109.15 million and a P/E ratio of -839,000.00.
• Bogota Financial operates as a bank holding company, providing various banking products and services, including real estate and consumer loans, in the United States.

Bogota Financial (NASDAQ:BSBK - Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.02 earnings per share for the quarter, Zacks reports. Bogota Financial had a negative return on equity of 0.09% and a negative net margin of 0.27%.

Bogota Financial Stock Performance

NASDAQ BSBK traded down $0.08 on Wednesday, reaching $8.34. The stock had a trading volume of 3,900 shares, compared to its average volume of 4,476. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.11 and a current ratio of 1.11. Bogota Financial has a 12-month low of $6.59 and a 12-month high of $8.99. The business's 50-day moving average price is $7.79 and its 200 day moving average price is $7.57. The stock has a market cap of $108.45 million, a P/E ratio of -833,600.00 and a beta of 0.17.

About Bogota Financial

Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States. It offers deposit accounts, including demand accounts, savings accounts, money market accounts, and certificate of deposit accounts. The company also provides one-to four-family residential real estate loans, and commercial real estate and multi-family loans; consumer loans, such as home equity loans and lines of credit; commercial and industrial loans; and construction loans; and buys, sells, and holds investment securities.