BAYONNE, N.J. (AP) — BAYONNE, N.J. (AP) — BCB Bancorp Inc. (BCBP) on Friday reported a fourth-quarter loss of $12 million, after reporting a profit in the same period a year earlier.
The Bayonne, New Jersey-based bank said it had a loss of 73 cents per share.
The community bank posted revenue of $44.5 million in the period. Its revenue net of interest expense was $26.2 million, exceeding Street forecasts.
For the year, the company reported a loss of $12.5 million, or 84 cents per share, swinging to a loss in the period. Revenue was reported as $101.6 million.
BCB Bancorp shares have declined 3% since the beginning of the year. The stock has dropped 34% in the last 12 months.
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