Blue Foundry Bancorp Reports First Quarter 2024 Results
Blue Foundry Bancorp (BLFY)
Company Research
Source: GlobeNewswire
RUTHERFORD, N.J., April 24, 2024 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ:BLFY) (the “Company”), the holding company for Blue Foundry Bank (the “Bank”), today reported a net loss of $2.8 million, or $0.13 per diluted common share, for the three months ended March 31, 2024, compared to net loss of $2.9 million, or $0.13 per diluted common share, for the three months ended December 31, 2023, and a net loss of $1.2 million, or $0.05 per diluted common share, for the three months ended March 31, 2023. James D. Nesci, President and Chief Executive Officer, commented, “The first quarter was highlighted by significant deposit growth generated through the efforts of our staff. This growth was a catalyst for the margin expansion realized during the quarter. Our asset quality remains strong and our exposure to the more concerning lending markets is minimal.” Mr. Nesci continued, “As we are committed to being good stewards of capital, we were pleased to announce our fourth repurc
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BLFY
News
- SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Blue Foundry Bancorp (BLFY) and Encourages Long-Term Investors to Contact the FirmAccesswire
- Earnings Release: Here's Why Analysts Cut Their Blue Foundry Bancorp (NASDAQ:BLFY) Price Target To US$9.00 [Yahoo! Finance]Yahoo! Finance
- Blue Foundry Bancorp (NASDAQ:BLFY) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Blue Foundry Bancorp (NASDAQ: BLFY) had its price target lowered by analysts at Keefe, Bruyette & Woods from $9.00 to $8.00. They now have a "market perform" rating on the stock.MarketBeat
- Blue Foundry Bancorp (BLFY) Reports Q1 Loss, Tops Revenue Estimates [Yahoo! Finance]Yahoo! Finance
BLFY
Earnings
- 4/24/24 - Beat
BLFY
Sec Filings
- 4/24/24 - Form 8-K
- 4/15/24 - Form ARS
- 4/15/24 - Form DEF
- BLFY's page on the SEC website