BCB Bancorp, Inc. (NJ) (BCBP) to Release Earnings on Thursday
BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) is set to post its quarterly earnings results on Thursday, October 19th.
BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) last posted its earnings results on Monday, July 17th. The bank reported $0.26 earnings per share for the quarter. The business had revenue of $17.09 million for the quarter. BCB Bancorp, Inc. (NJ) had a net margin of 12.89% and a return on equity of 8.85%. On average, analysts expect BCB Bancorp, Inc. (NJ) to post $0.85 EPS for the current fiscal year and $1.02 EPS for the next fiscal year.
BCB Bancorp, Inc. (BCBP) opened at 14.30 on Thursday. The firm has a market cap of $161.59 million, a price-to-earnings ratio of 17.88 and a beta of 0.46. BCB Bancorp, Inc. has a 12-month low of $11.24 and a 12-month high of $17.05. The company’s 50 day moving average is $13.61 and its 200 day moving average is $14.96.
BCBP has been the topic of several analyst reports. ValuEngine upgraded shares of BCB Bancorp, Inc. (NJ) from a “hold” rating to a “buy” rating in a research note on Monday, September 18th. DA Davidson began coverage on shares of BCB Bancorp, Inc. (NJ) in a research note on Thursday, September 14th. They issued a “buy” rating and a $15.00 target price on the stock. Finally, Keefe, Bruyette & Woods began coverage on shares of BCB Bancorp, Inc. (NJ) in a research note on Thursday, September 14th. They issued an “outperform” rating and a $14.00 target price on the stock.
In other news, insider Joseph T. Javitz bought 4,000 shares of the stock in a transaction that occurred on Thursday, September 14th. The shares were acquired at an average cost of $12.45 per share, for a total transaction of $49,800.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Thomas Keating bought 2,000 shares of the stock in a transaction that occurred on Tuesday, September 19th. The stock was purchased at an average price of $12.75 per share, for a total transaction of $25,500.00. Following the completion of the purchase, the chief financial officer now directly owns 2,000 shares in the company, valued at approximately $25,500. The disclosure for this purchase can be found here. Insiders purchased a total of 45,400 shares of company stock worth $558,418 over the last quarter. 16.76% of the stock is currently owned by company insiders.
An institutional investor recently bought a new position in BCB Bancorp, Inc. (NJ) stock. California State Teachers Retirement System bought a new stake in BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) during the second quarter, according to its most recent filing with the SEC. The firm bought 16,800 shares of the bank’s stock, valued at approximately $257,000. California State Teachers Retirement System owned about 0.15% of BCB Bancorp, Inc. (NJ) at the end of the most recent quarter. 17.97% of the stock is owned by institutional investors.
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BCB Bancorp, Inc. (NJ) Company Profile
BCB Bancorp, Inc is the holding company parent of BCB Community Bank (the Bank). The Bank is a community-oriented financial institution. Its business is to offer Federal Deposit Insurance Corporation (FDIC)-insured deposit products and to invest funds held in deposit accounts at the Bank, together with funds generated from operations, in loans and investment securities.
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