BLFY icon

Blue Foundry Bancorp

9.28 USD
+0.00
0.00%
At close Aug 25, 4:00 PM EDT
1 day
0.00%
5 days
3.46%
1 month
3.00%
3 months
-1.28%
6 months
-4.03%
Year to date
-2.11%
1 year
-12.37%
5 years
-28.06%
10 years
-28.06%
 

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 7,430 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

15% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 26

0.89% more ownership

Funds ownership: 52.48% [Q1] → 53.37% (+0.89%) [Q2]

4% less funds holding

Funds holding: 80 [Q1] → 77 (-3) [Q2]

6% less capital invested

Capital invested by funds: $118M [Q1] → $111M (-$6.88M) [Q2]

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

Research analyst outlook

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

Financial journalist opinion

Based on 6 articles about BLFY published over the past 30 days

Positive
Zacks Investment Research
3 days ago
All You Need to Know About Blue Foundry Bancorp (BLFY) Rating Upgrade to Buy
Blue Foundry Bancorp (BLFY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
All You Need to Know About Blue Foundry Bancorp (BLFY) Rating Upgrade to Buy
Positive
Zacks Investment Research
2 weeks ago
Blue Foundry Bancorp (BLFY) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
Blue Foundry Bancorp (BLFY) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Blue Foundry Bancorp (BLFY) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
Positive
The Motley Fool
3 weeks ago
Blue Foundry (BLFY) Q2 Revenue Up 132%
Blue Foundry Bancorp (BLFY -1.13%), a New Jersey-based community bank, released its earnings for Q2 2025 on July 30, 2025, reporting continued incremental improvement in core results. The company posted a diluted loss per share of $(0.10) (GAAP), narrower than the $(0.12) GAAP anticipated by analysts and smaller than last year's $(0.11) GAAP loss.
Blue Foundry (BLFY) Q2 Revenue Up 132%
Neutral
Seeking Alpha
3 weeks ago
Blue Foundry Bancorp (BLFY) Q2 2025 Earnings Call Transcript
Blue Foundry Bancorp (NASDAQ:BLFY ) Q2 2025 Earnings Conference Call July 30, 2025 11:10 AM ET Company Participants James D. Nesci - President, CEO & Director Kelly Pecoraro - Executive VP & CFO Conference Call Participants David Joseph Konrad - Keefe, Bruyette, & Woods, Inc., Research Division Justin Frank Crowley - Piper Sandler & Co., Research Division Operator Good morning, and welcome to Blue Foundry Bancorp's Second Quarter 2025 Earnings Call.
Blue Foundry Bancorp (BLFY) Q2 2025 Earnings Call Transcript
Negative
Zacks Investment Research
3 weeks ago
Blue Foundry Bancorp (BLFY) Reports Q2 Loss, Tops Revenue Estimates
Blue Foundry Bancorp (BLFY) came out with a quarterly loss of $0.1 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to a loss of $0.11 per share a year ago.
Blue Foundry Bancorp (BLFY) Reports Q2 Loss, Tops Revenue Estimates
Neutral
GlobeNewsWire
3 weeks ago
Blue Foundry Bancorp Reports Second Quarter 2025 Results
RUTHERFORD, N.J., July 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 $2.0 million, or $0.10 per diluted common share, for the three months ended June 30, 2025, compared to net loss of $2.7 million, or $0.13 per diluted common share, for the three months ended March 31, 2025, and a net loss of $2.3 million, or $0.11 per diluted common share, for the three months ended June 30, 2024.
Blue Foundry Bancorp Reports Second Quarter 2025 Results
Neutral
GlobeNewsWire
1 month ago
Blue Foundry Bancorp Schedules Second Quarter 2025 Earnings Conference Call
RUTHERFORD, N.J., July 09, 2025 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY) (the “Company”), the holding company for Blue Foundry Bank, announced that on the morning of Wednesday, July 30, 2025 it will release financial results for the quarter ended June 30, 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 Second Quarter 2025 Earnings Conference Call
Neutral
GlobeNewsWire
2 months ago
Blue Foundry Bancorp Announces Adoption of Sixth Stock Repurchase Program
RUTHERFORD, N.J., June 23, 2025 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (the “Company”) (NASDAQ: BLFY), announced that the Company's Board of Directors has authorized the adoption of its sixth stock repurchase program to repurchase up to 1,082,533 shares of the Company's common stock, which is approximately 5% of its outstanding common stock. The new program commenced on June 20, 2025.
Blue Foundry Bancorp Announces Adoption of Sixth Stock Repurchase Program
Neutral
Seeking Alpha
3 months 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
3 months 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
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