FY2025 EPS Estimates for BCB Bancorp Lowered by DA Davidson

BCB Bancorp, Inc. (NASDAQ:BCBP - Free Report) - DA Davidson decreased their FY2025 earnings per share (EPS) estimates for shares of BCB Bancorp in a research report issued to clients and investors on Thursday, December 19th. DA Davidson analyst M. Navas now anticipates that the bank will earn $1.55 per share for the year, down from their prior forecast of $1.65. The consensus estimate for BCB Bancorp's current full-year earnings is $1.27 per share.

Separately, Keefe, Bruyette & Woods raised their price objective on BCB Bancorp from $13.25 to $13.50 and gave the company a "market perform" rating in a report on Tuesday, October 22nd.

BCB Bancorp Stock Up 2.9 %

BCBP stock traded up $0.34 during midday trading on Friday, hitting $12.07. The company's stock had a trading volume of 128,945 shares, compared to its average volume of 47,914. The company's fifty day moving average price is $12.74 and its 200 day moving average price is $11.89. BCB Bancorp has a twelve month low of $9.19 and a twelve month high of $14.04. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.23 and a quick ratio of 1.23. The stock has a market capitalization of $205.77 million, a P/E ratio of 10.32 and a beta of 0.59.

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

BCB Bancorp Announces Dividend

The company also recently announced 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 was Friday, November 1st. This represents a $0.64 dividend on an annualized basis and a yield of 5.30%. BCB Bancorp's payout ratio is 54.70%.

Insiders Place Their Bets

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 transaction of $113,321.62. Following the transaction, the chief operating officer now owns 39,362 shares of the company's stock, valued at $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 available through this hyperlink. Insiders own 15.86% of the company's stock.

Institutional Trading of BCB Bancorp

Hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC raised its stake in BCB Bancorp by 2.1% in the 3rd quarter. Geode Capital Management LLC now owns 367,403 shares of the bank's stock valued at $4,534,000 after acquiring an additional 7,631 shares during the period. Segall Bryant & Hamill LLC acquired a new position in shares of BCB Bancorp in the third quarter valued at $1,450,000. Empowered Funds LLC raised its position in shares of BCB Bancorp by 5.2% in the third quarter. Empowered Funds LLC now owns 73,121 shares of the bank's stock valued at $902,000 after purchasing an additional 3,618 shares during the period. AQR Capital Management LLC acquired a new stake in shares of BCB Bancorp during the 2nd quarter worth about $334,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of BCB Bancorp during the 3rd quarter worth about $356,000. 36.00% of the stock is owned by institutional investors and hedge funds.

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.