Blue Foundry Bancorp (BLFY)

NASDAQ: BLFY · IEX Real-Time Price · USD
11.96
+0.09 (0.76%)
Feb 3, 2023, 4:00 PM EST - Market closed
0.76%
Market Cap 333.47M
Revenue (ttm) 55.77M
Net Income (ttm) -17.79M
Shares Out 27.88M
EPS (ttm) 0.09
PE Ratio 132.89
Forward PE 625.00
Dividend n/a
Ex-Dividend Date n/a
Volume 126,693
Open 11.91
Previous Close 11.87
Day's Range 11.70 - 12.15
52-Week Range 11.01 - 14.89
Beta n/a
Analysts Sell
Price Target 13.77 (+15.13%)
Earnings Date Jan 25, 2023

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]

Sector Financials
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 7 analysts, the average rating for BLFY stock is "Sell." The 12-month stock price forecast is $13.77, which is an increase of 15.13% from the latest price.

Price Target
$13.77
(15.13% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Blue Foundry Bancorp Reports Fourth Quarter and Year-End 2022 Results

RUTHERFORD, N. J. , Jan. 25, 2023 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ:BLFY) (the “Company”), the holding company for Blue Foundry Bank (the “Bank”), today reported net income of $2.4 mill...

1 week ago - GlobeNewsWire

Blue Foundry Bancorp Schedules Fourth Quarter & Year-End 2022 Earnings Conference Call

RUTHERFORD, N.J., Jan. 11, 2023 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY) (the “Company”), the holding company for Blue Foundry Bank, announced that it will release financial results for...

3 weeks ago - GlobeNewsWire

Blue Foundry Bancorp Names Elizabeth Varki Jobes, Esq. to Board of Directors

Seasoned leader brings decades of legal and compliance expertise to the Board Seasoned leader brings decades of legal and compliance expertise to the Board

1 month ago - GlobeNewsWire

Blue Foundry Bancorp Reports Third Quarter 2022 Results

RUTHERFORD, N.J., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ:BLFY) (the “Company”), the holding company for Blue Foundry Bank (the “Bank”), today reported net income of $1.2 millio...

3 months ago - GlobeNewsWire

Blue Foundry Bancorp Schedules Third Quarter 2022 Earnings Conference Call

RUTHERFORD, N.J., Oct. 12, 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...

4 months ago - GlobeNewsWire

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 r...

6 months 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 2,852,25...

7 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...

7 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, ...

10 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. Pecor...

10 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 fo...

10 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 milli...

1 year 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 ...

1 year 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 mill...

1 year 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...

1 year 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 m...

1 year ago - Business Wire