BCB Bancorp FY2025 EPS Estimate Decreased by DA Davidson

BCB Bancorp, Inc. (NASDAQ:BCBP) – DA Davidson dropped their FY2025 earnings per share estimates for BCB Bancorp in a note issued to investors on Thursday, December 19th. DA Davidson analyst M. Navas now anticipates that the bank will post earnings per share of $1.55 for the year, down from their prior estimate of $1.65. The consensus estimate for BCB Bancorp’s current full-year earnings is $1.27 per share.

BCB Bancorp (NASDAQ:BCBP) last released its quarterly earnings data on Friday, October 18th. The bank reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.04. BCB Bancorp had a net margin of 10.59% and a return on equity of 7.31%. The business had revenue of $51.75 million for the quarter, compared to analyst estimates of $25.29 million.

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

BCB Bancorp Price Performance

Shares of BCBP stock opened at $11.73 on Friday. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.79. BCB Bancorp has a 12-month low of $9.19 and a 12-month high of $14.04. The firm has a fifty day moving average of $12.74 and a 200-day moving average of $11.89. The firm has a market capitalization of $199.97 million, a price-to-earnings ratio of 10.03 and a beta of 0.59.

Institutional Trading of BCB Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC grew its position in BCB Bancorp by 5.1% in the third quarter. Jane Street Group LLC now owns 15,669 shares of the bank’s stock valued at $193,000 after purchasing an additional 767 shares in the last quarter. CWM LLC increased its position in shares of BCB Bancorp by 1,232.6% in the second quarter. CWM LLC now owns 2,492 shares of the bank’s stock valued at $26,000 after acquiring an additional 2,305 shares during the last quarter. Empowered Funds LLC raised its holdings in BCB Bancorp by 5.2% during the third quarter. Empowered Funds LLC now owns 73,121 shares of the bank’s stock worth $902,000 after acquiring an additional 3,618 shares in the last quarter. Geode Capital Management LLC boosted its position in BCB Bancorp by 2.1% during the third quarter. Geode Capital Management LLC now owns 367,403 shares of the bank’s stock valued at $4,534,000 after purchasing an additional 7,631 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new position in BCB Bancorp in the second quarter valued at approximately $119,000. 36.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at BCB Bancorp

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

BCB Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were issued a dividend of $0.16 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.46%. BCB Bancorp’s payout ratio is 54.70%.

About BCB Bancorp

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.