BCB Bancorp (BCBP) Projected to Post Earnings on Thursday

BCB Bancorp (NASDAQ:BCBP) is expected to be posting its quarterly earnings results before the market opens on Thursday, January 23rd. Analysts expect BCB Bancorp to post earnings of $0.29 per share and revenue of $24,640.00 billion for the quarter.

BCB Bancorp (NASDAQ:BCBP) last posted its earnings results on Friday, October 18th. The bank reported $0.36 EPS for the quarter, topping the consensus estimate of $0.32 by $0.04. BCB Bancorp had a net margin of 10.59% and a return on equity of 7.31%. The firm had revenue of $51.75 million for the quarter, compared to analysts’ expectations of $25.29 million. On average, analysts expect BCB Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

BCB Bancorp Price Performance

BCB Bancorp stock opened at $11.79 on Thursday. BCB Bancorp has a 52 week low of $9.19 and a 52 week high of $14.04. The company’s 50 day moving average price is $12.48 and its two-hundred day moving average price is $12.12. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.79. The stock has a market cap of $201.00 million, a P/E ratio of 10.08 and a beta of 0.61.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods lifted their price target on shares of BCB Bancorp from $13.25 to $13.50 and gave the stock a “market perform” rating in a report on Tuesday, October 22nd.

Insider Buying and Selling

In other BCB Bancorp news, COO Ryan Blake sold 8,677 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $13.06, for a total transaction of $113,321.62. Following the completion of the transaction, the chief operating officer now owns 39,362 shares in the company, valued at $514,067.72. This trade represents a 18.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 15.86% of the stock is currently owned by insiders.

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.