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Blue Foundry Bancorp  (NASDAQ: BLFY)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $9.2500 $-0.03 -0.323%
Day's High: $9.31 Week Perf: 4.17 %
Day's Low: $ 8.95 30 Day Perf: -1.91 %
Volume (M): 60 52 Wk High: $ 11.48
Volume (M$): $ 553 52 Wk Avg: $9.83
Open: $9.18 52 Wk Low: $8.30



 Market Capitalization (Millions $) 197
 Shares Outstanding (Millions) 21
 Employees 179
 Revenues (TTM) (Millions $) 40
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) 30
 Capital Exp. (TTM) (Millions $) 3

Blue Foundry Bancorp
Blue Foundry Bancorp is a community bank holding company based in New Jersey, United States. It operates through its subsidiary, Blue Foundry Bank, which offers a range of banking and financial services to individuals, businesses, and non-profit organizations.

Blue Foundry Bancorp focuses on providing personalized banking solutions and building relationships with its customers. It offers various types of deposit accounts, loans, mortgages, and other financial products. The bank also provides online and mobile banking services to enhance customer convenience.

Blue Foundry Bancorp aims to support the growth and development of the communities it serves by investing in local businesses and participating in community development initiatives. It prides itself on being a trusted and reliable financial partner that understands the unique needs of its customers.

Overall, Blue Foundry Bancorp is a community-focused bank holding company that strives to deliver quality banking services and contribute to the prosperity of the communities it serves.


   Company Address: 19 Park Avenue, Rutherford, 7070 NJ
   Company Phone Number: 939-5000   Stock Exchange / Ticker: NASDAQ BLFY


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BMO     
FISI     
MS        9.07% 
WFC        8.94% 
• View Complete Report
   



Blue Foundry Bancorp

Blue Foundry Bancorp Struggles Amidst Financial Headwinds: Q1 2024 Financial Report

Blue Foundry Bancorp (NASDAQ: BLFY) recently released its financial results for the time-frame ending March 31, 2024. The company's deficit per share has expanded to $-0.13, compared to $-0.05 in the previous year and $-0.13 in the prior reporting season.
One notable development is the decrease in revenue for the same reporting season. The company experienced a significant decline of -16.428%, with revenue dropping to $10.40 million from $12.45 million in the previous year. However, sequentially, revenue advanced by 8.229% from $9.61 million.

Blue Foundry Bancorp

Blue Foundry Bancorp Suffers Significant Losses in Q4 2023 Due to Weak Orders

Blue Foundry Bancorp (NASDAQ:BLFY) faced significant losses in the financial three months ending December 31, 2023, due to weak orders. The company reported a net loss per share of $-0.13, compared to $0.02 in the previous period. Furthermore, revenue decreased by -29.298% to $9.61 million, down from $13.60 million a year ago.
In contrast to the previous quarter, revenue deteriorated by -12.315% from $10.96 million, and the deficit surged from $-0.06 per share. Instead of reporting a net income of $1.287 million during the corresponding financial period a year before, Blue Foundry Bancorp registered a net deficit of $0.000 million.

Blue Foundry Bancorp

Blue Foundry Bancorp Faces Tough Quarter: Revenue Plunges and Losses Deepen


Date: October 25, 2023
Blue Foundry Bancorp (NASDAQ:BLFY) experienced a challenging third quarter of 2023 earnings season, marked by a decline in revenue and an increase in losses per share. The company's net loss per share worsened to $-0.06 from $0.05 compared to the previous year, while revenue fell by -27.08% to $10.96 million from $15.03 million a year before.
In contrast, Q2 showed a slight decline in revenue by -1.624% from $11.14 million, but an improvement in the loss per share, which was recorded as $-0.08 per share. However, the third quarter results were disappointing, as the company posted a net deficit of $0.000 million, in sharp contrast to a net income of $2.605 million reported in the comparable reporting period a year before.

Blue Foundry Bancorp

Blue Foundry Bancorp Reports Decline in Earnings and Revenue for Q2 2023, Raising Investor Concerns

Blue Foundry Bancorp is a company that experienced a shortfall in earnings during the second quarter of the 2023 earnings season. The company reported a shortfall per share of -$0.08, compared to $0.00 in the same period the previous year. This represents a decline in earnings and may raise concerns among investors.
Furthermore, the company also saw a decline in revenue for the second quarter of 2023. Revenue declined by -14.691% to $11.14 million, compared to $13.06 million in the same period the previous year. Additionally, revenue deteriorated sequentially by -10.484% from $12.45 million.

Blue Foundry Bancorp

Blue Foundry Bancorp Takes a Hit: Revenues Plummet and Profits Soar in the Wrong Direction

Blue Foundry Bancorp, a financial institution operating in the United States, has experienced a significant decline in its revenues and profits in the most recent fiscal period. The company reported a net loss of $0.05 per share, which is a significant drop compared to the bottom line of $0.02 per share from the preceding year. Additionally, its revenues fell by almost 10 percent year-on-year, dropping from $13.60 million to $12.45 million.
This drop in revenue has been attributed to lower demand, which caused the company to struggle to balance its books in the latest reporting period. This situation is worrying for Blue Foundry Bancorp, as it may be challenging to recover from the losses incurred in such a difficult financial climate.







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