BCB Bancorp: Q1 Earnings Snapshot

BAYONNE, N.J. (AP) — BAYONNE, N.J. (AP) — BCB Bancorp Inc. (BCBP) on Tuesday reported first-quarter earnings of $8.1 million.

The bank, based in Bayonne, New Jersey, said it had earnings of 46 cents per share. Earnings, adjusted for non-recurring costs, came to 60 cents per share.

The community bank posted revenue of $40.7 million in the period. Its revenue net of interest expense was $25.8 million, which topped Street forecasts.

BCB Bancorp shares have declined 36% since the beginning of the year. The stock has decreased 36% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BCBP at https://www.zacks.com/ap/BCBP

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up