DA Davidson Has Negative View of BCB Bancorp FY2025 Earnings

BCB Bancorp, Inc. (NASDAQ:BCBP) – Equities researchers at DA Davidson cut their FY2025 earnings per share (EPS) estimates for shares of BCB Bancorp in a research note issued to investors on Tuesday, October 22nd. DA Davidson analyst M. Navas now forecasts that the bank will post earnings of $1.65 per share for the year, down from their previous forecast of $1.70. The consensus estimate for BCB Bancorp’s current full-year earnings is $1.32 per share.

Several other research analysts have also weighed in on BCBP. Piper Sandler increased their price objective on BCB Bancorp from $11.50 to $14.00 and gave the stock a “neutral” rating in a research report on Monday, July 29th. Keefe, Bruyette & Woods increased their price target on BCB Bancorp from $13.25 to $13.50 and gave the stock a “market perform” rating in a report on Tuesday.

BCB Bancorp Stock Performance

BCB Bancorp stock opened at $11.63 on Thursday. The stock has a market cap of $197.21 million, a price-to-earnings ratio of 7.46 and a beta of 0.57. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.21 and a quick ratio of 1.19. The firm has a 50 day simple moving average of $12.22 and a 200-day simple moving average of $11.13. BCB Bancorp has a 1-year low of $9.19 and a 1-year high of $13.90.

BCB Bancorp (NASDAQ:BCBP) last released its quarterly earnings data on Friday, October 18th. The bank reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.04. The firm had revenue of $51.75 million during the quarter, compared to analysts’ expectations of $25.29 million. BCB Bancorp had a net margin of 10.67% and a return on equity of 7.42%.

BCB Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 1st will be issued a $0.16 dividend. The ex-dividend date is Friday, November 1st. This represents a $0.64 annualized dividend and a yield of 5.50%. BCB Bancorp’s dividend payout ratio (DPR) is presently 41.03%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. CWM LLC grew its stake in shares of BCB Bancorp by 1,232.6% in the second quarter. CWM LLC now owns 2,492 shares of the bank’s stock valued at $26,000 after buying an additional 2,305 shares in the last quarter. Vanguard Group Inc. grew its position in BCB Bancorp by 3.3% in the 1st quarter. Vanguard Group Inc. now owns 775,070 shares of the bank’s stock valued at $8,099,000 after acquiring an additional 25,064 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in BCB Bancorp during the 2nd quarter worth approximately $119,000. BNP Paribas Financial Markets grew its stake in shares of BCB Bancorp by 92.5% in the first quarter. BNP Paribas Financial Markets now owns 7,201 shares of the bank’s stock worth $75,000 after acquiring an additional 3,460 shares in the last quarter. Finally, Quadrature Capital Ltd boosted its holdings in BCB Bancorp by 25.1% in the first quarter. Quadrature Capital Ltd now owns 17,348 shares of the bank’s stock valued at $181,000 after purchasing an additional 3,483 shares during the period. 36.00% of the stock is currently owned by institutional investors and hedge funds.

BCB Bancorp Company Profile

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.