DA Davidson Has Pessimistic View of BCBP FY2025 Earnings

BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP - Free Report) - Investment analysts at DA Davidson cut their FY2025 earnings per share (EPS) estimates for BCB Bancorp, Inc. (NJ) in a research note issued on Tuesday, July 1st. DA Davidson analyst M. Navas now expects that the bank will post earnings of $0.12 per share for the year, down from their previous forecast 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.

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

BCB Bancorp, Inc. (NJ) Stock Up 1.5%

BCBP stock traded up $0.14 during trading on Wednesday, hitting $9.25. 76,702 shares of the company's stock were exchanged, compared to its average volume of 56,792. The business has a 50-day moving average price of $8.22 and a two-hundred day moving average price of $9.66. The stock has a market capitalization of $158.73 million, a price-to-earnings ratio of 61.67 and a beta of 0.71. BCB Bancorp, Inc. has a 52-week low of $7.54 and a 52-week high of $14.04. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.55.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its holdings in BCB Bancorp, Inc. (NJ) by 2.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 974,952 shares of the bank's stock worth $11,543,000 after acquiring an additional 21,826 shares during the period. Geode Capital Management LLC lifted its position in BCB Bancorp, Inc. (NJ) by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 369,315 shares of the bank's stock worth $4,373,000 after buying an additional 1,912 shares during the period. Voya Investment Management LLC lifted its position in BCB Bancorp, Inc. (NJ) by 35.8% during the fourth quarter. Voya Investment Management LLC now owns 321,096 shares of the bank's stock worth $3,802,000 after buying an additional 84,617 shares during the period. Northern Trust Corp lifted its position in BCB Bancorp, Inc. (NJ) by 3.0% during the fourth quarter. Northern Trust Corp now owns 126,834 shares of the bank's stock worth $1,502,000 after buying an additional 3,637 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in BCB Bancorp, Inc. (NJ) by 66.2% during the fourth quarter. JPMorgan Chase & Co. now owns 99,240 shares of the bank's stock worth $1,175,000 after buying an additional 39,533 shares during the period. Institutional investors and hedge funds own 36.00% of the company's stock.

Insider Activity

In related news, Director Mark D. Hogan bought 10,000 shares of the company's stock in a transaction dated Friday, June 13th. The shares were acquired at an average price of $7.74 per share, with a total value of $77,400.00. Following the completion of the acquisition, the director owned 621,140 shares in the company, valued at approximately $4,807,623.60. This trade represents a 1.64% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders purchased a total of 23,880 shares of company stock valued at $188,201 over the last quarter. Insiders own 15.86% of the company's stock.

BCB Bancorp, Inc. (NJ) Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Stockholders of record on Wednesday, May 7th were issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.92%. The ex-dividend date was Wednesday, May 7th. BCB Bancorp, Inc. (NJ)'s payout ratio is currently 426.67%.

BCB Bancorp, Inc. (NJ) 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.