Blue Foundry Bancorp (BLFY) & Its Rivals Head-To-Head Review

Blue Foundry Bancorp (NASDAQ:BLFYGet Rating) is one of 36 public companies in the “Savings institutions, except federal” industry, but how does it compare to its competitors? We will compare Blue Foundry Bancorp to similar businesses based on the strength of its institutional ownership, profitability, valuation, risk, earnings, dividends and analyst recommendations.

Profitability

This table compares Blue Foundry Bancorp and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Blue Foundry Bancorp -57.25% -7.86% -1.74%
Blue Foundry Bancorp Competitors 18.28% 7.39% 0.78%

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Blue Foundry Bancorp and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Blue Foundry Bancorp 0 0 0 0 N/A
Blue Foundry Bancorp Competitors 44 303 265 3 2.37

As a group, “Savings institutions, except federal” companies have a potential upside of 13.80%. Given Blue Foundry Bancorp’s competitors higher probable upside, analysts plainly believe Blue Foundry Bancorp has less favorable growth aspects than its competitors.

Insider and Institutional Ownership

39.0% of Blue Foundry Bancorp shares are owned by institutional investors. Comparatively, 41.2% of shares of all “Savings institutions, except federal” companies are owned by institutional investors. 1.2% of Blue Foundry Bancorp shares are owned by insiders. Comparatively, 7.3% of shares of all “Savings institutions, except federal” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Earnings and Valuation

This table compares Blue Foundry Bancorp and its competitors gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Blue Foundry Bancorp $58.53 million -$36.34 million -8.23
Blue Foundry Bancorp Competitors $139.73 million $38.98 million 1.22

Blue Foundry Bancorp’s competitors have higher revenue and earnings than Blue Foundry Bancorp. Blue Foundry Bancorp is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Blue Foundry Bancorp competitors beat Blue Foundry Bancorp on 8 of the 8 factors compared.

Blue Foundry Bancorp Company Profile

(Get Rating)

Blue Foundry Bancorp operates as a bank holding company for Blue Foundry Bank, a savings bank that offers various banking products and services for individuals and businesses. The company offers deposits; and loans, such as one-to-four family residential property, home equity, commercial real estate, multi-family, construction, commercial and industrial, and other consumer loans, as well as home equity lines of credit. As of December 31, 2021, it operated 17 full-service branch offices located in northern New Jersey. The company was formerly known as Boiling Springs Bancorp and changed its name to Blue Foundry Bancorp in July 2019. Blue Foundry Bancorp was founded in 1939 and is based in Rutherford, New Jersey.

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