BLFY icon

Blue Foundry Bancorp

9.34 USD
-0.15
1.58%
At close Apr 30, 4:00 PM EDT
1 day
-1.58%
5 days
0.65%
1 month
1.52%
3 months
-5.47%
6 months
-7.25%
Year to date
-1.48%
1 year
9.37%
5 years
-27.60%
10 years
-27.60%
 

About: Blue Foundry Bancorp is a full-service bank. Its business consists of originating one-to-four-family residential, multi-family, and non-residential real estate mortgages, home equity loans and lines of credit, and commercial and industrial loans. It attracts retail deposits from the general public in the areas surrounding its banking offices, through its borrowers, and through its online presence, offering a wide variety of deposit products. The bank also invests in securities. Its revenues are derived from interest on loans and, to a lesser extent, interest on mortgage-backed and other investment securities. The company's sources of funds are deposits, principal, and interest payments on loans, securities, and borrowings from the Federal Home Loan Bank of New York.

Employees: 184

0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

33,000% more call options, than puts

Call options by funds: $331K | Put options by funds: $1K

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

35% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 20

5% more funds holding

Funds holding: 76 [Q3] → 80 (+4) [Q4]

0.29% more ownership

Funds ownership: 50.97% [Q3] → 51.26% (+0.29%) [Q4]

5% less capital invested

Capital invested by funds: $121M [Q3] → $115M (-$6.26M) [Q4]

Research analyst outlook

We haven’t received any recent analyst ratings for BLFY.

Financial journalist opinion

Based on 4 articles about BLFY published over the past 30 days

Neutral
Seeking Alpha
10 hours ago
Blue Foundry Bancorp (BLFY) Q1 2025 Earnings Call Transcript
Blue Foundry Bancorp (NASDAQ:BLFY ) Q1 2025 Earnings Conference Call April 30, 2025 11:00 AM ET Company Participants Jim Nesci – President and Chief Executive Officer Kelly Pecoraro – Chief Financial Officer Conference Call Participants Justin Crowley – Piper Sandler Chris O'Connell – KBW Operator Good morning and welcome to the Blue Foundry Bancorp's First Quarter 2025 Earnings Call. Comments made today during today's call may include forward-looking statements, which are based on management's current expectations and are subject to uncertainty and changes in circumstances.
Blue Foundry Bancorp (BLFY) Q1 2025 Earnings Call Transcript
Negative
Zacks Investment Research
16 hours ago
Blue Foundry Bancorp (BLFY) Reports Q1 Loss, Tops Revenue Estimates
Blue Foundry Bancorp (BLFY) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.13 per share a year ago.
Blue Foundry Bancorp (BLFY) Reports Q1 Loss, Tops Revenue Estimates
Neutral
GlobeNewsWire
18 hours ago
Blue Foundry Bancorp Reports First Quarter 2025 Results
RUTHERFORD, N.J., April 30, 2025 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ:BLFY) (the “Company”), the holding company for Blue Foundry Bank (the “Bank”), today reported a net loss of $2.7 million, or $0.13 per diluted common share, for the three months ended March 31, 2025, compared to net loss of $2.7 million, or $0.13 per diluted common share, for the three months ended December 31, 2024, and a net loss of $2.8 million, or $0.13 per diluted common share, for the three months ended March 31, 2024.
Blue Foundry Bancorp Reports First Quarter 2025 Results
Neutral
GlobeNewsWire
2 weeks ago
Blue Foundry Bancorp Schedules First Quarter 2025 Earnings Conference Call
RUTHERFORD, N.J., April 16, 2025 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY) (the “Company”), the holding company for Blue Foundry Bank, announced that on the morning of Wednesday, April 30, 2025 it will release financial results for the quarter ended March 31, 2025. A copy of the earnings release will be available on the Company's website, https://ir.bluefoundrybank.com/ , in the “News” section and on the SEC's website, https://www.sec.gov/ .
Blue Foundry Bancorp Schedules First Quarter 2025 Earnings Conference Call
Neutral
Seeking Alpha
3 months ago
Blue Foundry Bancorp (BLFY) Q4 2024 Earnings Call Transcript
Blue Foundry Bancorp (NASDAQ:BLFY ) Q4 2024 Earnings Conference Call January 29, 2025 11:00 AM ET Company Participants James Nesci - President and CEO Kelly Pecoraro - CFO Conference Call Participants Justin Crowley - Piper Sandler Chris O'Connell - KBW Operator Good morning, and welcome to Blue Foundry Bancorp's Fourth Quarter 2024 Earnings Call. Comments made during today's call may include forward-looking statements, which are based on management's current expectations and are subject to uncertainty and changes in circumstance.
Blue Foundry Bancorp (BLFY) Q4 2024 Earnings Call Transcript
Negative
Zacks Investment Research
3 months ago
Blue Foundry Bancorp (BLFY) Reports Q4 Loss, Lags Revenue Estimates
Blue Foundry Bancorp (BLFY) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.13 per share a year ago.
Blue Foundry Bancorp (BLFY) Reports Q4 Loss, Lags Revenue Estimates
Neutral
GlobeNewsWire
3 months ago
Blue Foundry Bancorp Reports Fourth Quarter and Year-End 2024 Results
RUTHERFORD, N.J., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ:BLFY) (the “Company”), the holding company for Blue Foundry Bank (the “Bank”), reported a net loss of $11.9 million, or $0.55 per diluted common share, for the year ended December 31, 2024 compared to a net loss of $7.4 million, or $0.31 per diluted common share for the year ended December 31, 2023.
Blue Foundry Bancorp Reports Fourth Quarter and Year-End 2024 Results
Neutral
GlobeNewsWire
3 months ago
Blue Foundry Bancorp Schedules Fourth Quarter and Year-End 2024 Earnings Conference Call
RUTHERFORD, N.J., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY) (the “Company”), the holding company for Blue Foundry Bank, announced that on the morning of Wednesday, January 29, 2025 it will release financial results for the quarter ended December 31, 2024. A copy of the earnings release will be available on the Company's website, https://ir.bluefoundrybank.com/ , in the “News” section and on the SEC's website, https://www.sec.gov/ .
Blue Foundry Bancorp Schedules Fourth Quarter and Year-End 2024 Earnings Conference Call
Neutral
Zacks Investment Research
5 months ago
Blue Foundry Rewards Shareholders With New Share Repurchase Plan
BLFY announces its fifth stock repurchase plan, along with the completion of its previous program. Given its weak liquidity profile, this seems unsustainable.
Blue Foundry Rewards Shareholders With New Share Repurchase Plan
Neutral
GlobeNewsWire
5 months ago
Blue Foundry Bancorp Announces Completion of Fourth Stock Repurchase Program and Adoption of Fifth Stock Repurchase Program
RUTHERFORD, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY), the holding company for Blue Foundry Bank, announced that as of November 7, 2024, it had completed its fourth stock repurchase program and had adopted another program to repurchase up to 1,139,420 shares of its common stock, which is approximately 5% of its outstanding common stock. The program commenced on November 8, 2024. This is the Company's fifth stock repurchase program since completing its mutual-to-stock conversion and related stock offering in July 2021.
Blue Foundry Bancorp Announces Completion of Fourth Stock Repurchase Program and Adoption of Fifth Stock Repurchase Program
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