Blue Foundry Bancorp (BLFY)

NASDAQ: BLFY · IEX Real-Time Price · USD
11.59
+0.04 (0.35%)
Sep 23, 2022 4:00 PM EDT - Market closed
0.35%
Market Cap 329.35M
Revenue (ttm) 52.67M
Net Income (ttm) -34.00M
Shares Out 28.42M
EPS (ttm) -1.33
PE Ratio n/a
Forward PE 588.24
Dividend n/a
Ex-Dividend Date n/a
Volume 100,850
Open 11.44
Previous Close 11.55
Day's Range 11.35 - 11.62
52-Week Range 11.01 - 15.47
Beta n/a
Analysts Buy
Price Target 13.90 (+19.9%)
Earnings Date Jul 27, 2022

About BLFY

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 kn... [Read more...]

Industry Banks-Regional
Founded 1939
Employees 175
Stock Exchange NASDAQ
Ticker Symbol BLFY
Full Company Profile

Financial Performance

In 2021, BLFY's revenue was $47.95 million, an increase of 26.99% compared to the previous year's $37.76 million. Losses were -$36.34 million, 15.3% more than in 2020.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for BLFY stock is "Buy." The 12-month stock price forecast is 13.9, which is an increase of 19.93% from the latest price.

Price Target
$13.9
(19.93% upside)
Analyst Consensus: Buy

News

Blue Foundry Bancorp Reports Second Quarter 2022 Results

RUTHERFORD, N.J., July 27, 2022 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ:BLFY)(the “Company”), the holding company for Blue Foundry Bank (the “Bank”), today reported second quarter financial res...

1 month ago - GlobeNewsWire

Blue Foundry Bancorp Announces Adoption of Initial Stock Repurchase Program

RUTHERFORD, N.J., July 20, 2022 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY), the holding company for Blue Foundry Bank, announced that it has adopted a program to repurchase up to 2,852,250 ...

2 months ago - GlobeNewsWire

Blue Foundry Bancorp Schedules Second Quarter 2022 Earnings Conference Call

RUTHERFORD, N.J., July 06, 2022 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY) (the “Company”), the holding company for Blue Foundry Bank, announced that it will release financial results for t...

2 months ago - GlobeNewsWire

Blue Foundry Bancorp Reports First Quarter 2022 Results

RUTHERFORD, N.J., April 27, 2022 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ:BLFY) (the “Company”), the holding company for Blue Foundry Bank (the “Bank”), today reported net income of $553,000, or...

4 months ago - GlobeNewsWire

Blue Foundry Bancorp Announces Kelly Pecoraro Will Join the Company

RUTHERFORD, N.J.--(BUSINESS WIRE)--Blue Foundry Bancorp (Nasdaq: BLFY) (the “Company”), announced today that Kelly Pecoraro will be joining Blue Foundry Bancorp on May 9, 2022. Subsequently, Ms. Pecorar...

4 months ago - Business Wire

Blue Foundry Bancorp Schedules First Quarter 2022 Earnings Conference Call

RUTHERFORD, N.J., April 13, 2022 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY) (the “Company”), the holding company for Blue Foundry Bank, announced that it will release financial results for ...

5 months ago - GlobeNewsWire

Blue Foundry Bancorp Reports Fourth Quarter and Year-End 2021 Results

RUTHERFORD, N.J., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ:BLFY) (the “Company”), the holding company for Blue Foundry Bank (the “Bank”), today reported a net loss of $19.6 million...

7 months ago - GlobeNewsWire

Blue Foundry Bancorp Schedules Fourth Quarter 2021 Earnings Conference Call

RUTHERFORD, N.J., Jan. 12, 2022 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY) (the “Company”), the holding company for Blue Foundry Bank, announced that on the morning of Wednesday, January 26...

8 months ago - GlobeNewsWire

Blue Foundry Bancorp Reports Third Quarter 2021 Results

RUTHERFORD, N.J., Oct. 22, 2021 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ:BLFY) (the “Company”), the holding company for Blue Foundry Bank (the “Bank”), today reported a net loss of $14.97 millio...

11 months ago - GlobeNewsWire

Blue Foundry Bancorp Schedules Third Quarter 2021 Earnings Conference Call

RUTHERFORD, N.J., Oct. 08, 2021 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY) (the “Company”), the holding company for Blue Foundry Bank, announced that it will release financial results for t...

11 months ago - GlobeNewsWire

Blue Foundry Bancorp Reports Second Quarter 2021 Results

RUTHERFORD, N.J.--(BUSINESS WIRE)--Blue Foundry Bancorp (NASDAQ:BLFY) (the “Company”), the holding company for Blue Foundry Bank (the “Bank”), today reported a net loss of $1.0 million for the three mon...

1 year ago - Business Wire