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Stock impact report

BCB Bancorp, Inc. Reports First Quarter 2020 Net Income of $2.5 Million; Results Reflect Effects of COVID-19; Declares Quarterly Cash Dividend of $0.14 Per Share

BCB Bancorp, Inc. (NJ) (BCBP) 
Last bcb bancorp, inc. (nj) earnings: 4/27 04:23 pm Check Earnings Report
US:NASDAQ Investor Relations: investorrelations.bcbcommunitybank.com
Company Research Source: GlobeNewswire
BAYONNE, N.J., April 27, 2020 (GLOBE NEWSWIRE) -- BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today reported net income was $2.5 million for the first quarter of 2020 compared to $5.1 million in the fourth quarter of 2019 and $5.5 million for the first quarter of 2019. Earnings per diluted share for the first quarter of 2020 were $0.12, compared to $0.29 in the preceding quarter and $0.32 in the first quarter of 2019. The Company also announced that its Board of Directors declared a regular quarterly cash dividend of $0.14 per share. The dividend will be payable May 22, 2020, to common shareholders of record on May 8, 2020. “The success of our banking operation relies solely on the health and well-being of our employees and customers,” stated Thomas Coughlin, President and Chief Executive Officer. “To that end, we began preparations for the COVID-19 pandemic in mid-March by restricting lobby activities at all branches Show less Read more
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