BCB Bancorp (BCBP) Projected to Post Earnings on Friday

BCB Bancorp (NASDAQ:BCBP) is projected to release its earnings data before the market opens on Friday, April 18th. Analysts expect BCB Bancorp to post earnings of $0.23 per share and revenue of $24.28 million for the quarter.

BCB Bancorp (NASDAQ:BCBP) last issued its earnings results on Tuesday, January 28th. The bank reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.13). BCB Bancorp had a return on equity of 6.33% and a net margin of 9.46%. On average, analysts expect BCB Bancorp to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

BCB Bancorp Price Performance

Shares of NASDAQ:BCBP opened at $9.08 on Friday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.23 and a current ratio of 1.23. BCB Bancorp has a 52 week low of $8.66 and a 52 week high of $14.04. The firm has a market cap of $155.84 million, a PE ratio of 9.27 and a beta of 0.57. The firm’s fifty day moving average is $9.99 and its 200-day moving average is $11.46.

BCB Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, February 24th. Shareholders of record on Friday, February 7th were given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 7.05%. The ex-dividend date was Friday, February 7th. BCB Bancorp’s dividend payout ratio is presently 65.31%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on BCBP shares. Piper Sandler decreased their price objective on shares of BCB Bancorp from $14.00 to $13.00 and set a “neutral” rating for the company in a research report on Thursday, January 30th. Keefe, Bruyette & Woods lowered their price objective on BCB Bancorp from $15.00 to $13.75 and set a “market perform” rating for the company in a research report on Thursday, January 30th.

About BCB Bancorp

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.