Blue Foundry Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	77.04	70.19	65.69	52.28	48.72	54.13
Interest Income on Investments	15.03	15.27	13.42	10.13	7.33	7.5
Total Interest Income	92.07	85.45	79.11	62.41	56.05	61.63
Interest Paid on Deposits	36.84	36.83	24.12	5.74	7.88	15.88
Interest Paid on Borrowings	11.18	11.07	13.07	4.83	5.22	6.68
Total Interest Expense	48.02	47.9	37.19	10.57	13.1	22.56
Net Interest Income	44.05	37.55	41.92	51.84	42.95	39.07
Net Interest Income Growth (YoY)	18.18%	-10.42%	-19.14%	20.71%	9.93%	-8.98%
Gain (Loss) on Sale of Assets	-	-	-	-	-	-12.78
Gain (Loss) on Sale of Investments	-	-	0.02	0.01	-0	0.07
Other Non-Interest Income	1.64	1.76	1.55	2.65	2.48	2.53
Total Non-Interest Income	1.64	1.79	1.81	2.66	2.48	-11.57
Non-Interest Income Growth (YoY)	-15.98%	-0.61%	-32.25%	7.46%	-	-
Revenues Before Loan Losses	45.68	39.34	43.72	54.51	45.43	27.5
Provision for Loan Losses	0.95	-1.35	-0.44	-1	-2.52	2.52
Revenue	44.73	40.69	44.17	55.51	47.95	24.98
Revenue Growth (YoY)	11.52%	-7.86%	-20.43%	15.77%	91.92%	-43.58%
Salaries and Employee Benefits	26.6	25.38	24.67	27.43	24.48	22.64
Occupancy Expenses	5.02	5.05	4.62	7.63	7.93	6.16
Federal Deposit Insurance	0.92	0.86	0.8	0.38	0.49	0.33
Selling, General & Administrative	17.25	16.73	17	12.75	15.13	15.44
Other Non-Interest Expense	4.15	4.6	4.48	4.59	4.28	3.49
Total Non-Interest Expense	53.94	52.61	51.56	52.77	52.31	48.05
EBT Excluding Unusual Items	-9.2	-11.91	-7.4	2.73	-4.36	-23.07
Other Unusual Items	-	-	-	-	-22.36	-0.84
Pretax Income	-9.2	-11.91	-7.4	2.73	-26.72	-39.37
Income Tax Expense	-	-	-	0.34	9.62	-7.87
Net Income	-9.2	-11.91	-7.4	2.4	-36.34	-31.51
Net Income to Common	-9.2	-11.91	-7.4	2.4	-36.34	-31.51
Basic Shares Outstanding	20	21	24	26	12	0
Diluted Shares Outstanding	20	21	24	26	12	0
Shares Change (YoY)	-8.45%	-10.23%	-8.93%	115.85%	12071.05%	-
EPS (Basic)	-0.46	-0.55	-0.31	0.09	-2.99	-315.06
EPS (Diluted)	-0.46	-0.55	-0.31	0.09	-2.99	-315.06
Effective Tax Rate	-	-	-	12.36%	-	-

Source: S&P Global Market Intelligence. Banks template. Financial Sources.