BCB Bancorp (NASDAQ:BCBP) Announces Earnings Results, Beats Estimates By $0.01 EPS

BCB Bancorp (NASDAQ:BCBP) posted its earnings results on Friday. The bank reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.01, Bloomberg Earnings reports. The business had revenue of $22.14 million for the quarter. BCB Bancorp had a net margin of 16.31% and a return on equity of 11.06%.

NASDAQ BCBP opened at $12.92 on Monday. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.15 and a quick ratio of 1.15. The firm has a market capitalization of $213.33 million, a price-to-earnings ratio of 12.79 and a beta of 0.79. The company’s fifty day moving average is $12.79 and its two-hundred day moving average is $12.74. BCB Bancorp has a 52-week low of $10.12 and a 52-week high of $14.96.

The business also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Friday, November 8th will be given a $0.14 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.56 annualized dividend and a yield of 4.33%. BCB Bancorp’s dividend payout ratio is 55.45%.

Several analysts have issued reports on BCBP shares. Zacks Investment Research upgraded shares of BCB Bancorp from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research report on Monday, July 29th. ValuEngine upgraded shares of BCB Bancorp from a “sell” rating to a “hold” rating in a research report on Thursday, October 10th.

About BCB Bancorp

BCB Bancorp, Inc operates as a bank holding company for BCB Community Bank, a state-chartered commercial bank that provides banking products and services to businesses and individuals in the United States. The company offers deposit products, including interest and non-interest bearing demand, NOW, savings and club, money market, term certificate, interest bearing checking, and individual retirement accounts.

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Earnings History for BCB Bancorp (NASDAQ:BCBP)

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