BLFY Stock Price, Blue Foundry Bancorp Quote, Chart

Market Summary

USD9.04+0.05

Market Closed

0.56%

BLFY Stock Price

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BLFY RSI Chart

BLFY Valuation

Market Cap

220.0M

Price/Earnings (Trailing)

-29.74

Price/Sales (Trailing)

2.78

EV/EBITDA

4.16

Price/Free Cashflow

-12.44

BLFY Price/Sales (Trailing)

BLFY Profitability

EBT Margin

-3.71%

Return on Equity

-2.08%

Return on Assets

-0.36%

Free Cashflow Yield

-8.04%

BLFY Fundamentals

BLFY Revenue

Revenue (TTM)

79.1M

Rev. Growth (Yr)

15.74%

Rev. Growth (Qtr)

0.8%

BLFY Earnings

Earnings (TTM)

-7.4M

Earnings Growth (Yr)

-621.53%

Earnings Growth (Qtr)

-104.68%

Breaking Down BLFY Revenue

Last 7 days

3.0%

Last 30 days

1.4%

Last 90 days

-3.9%

Trailing 12 Months

2.7%

How does BLFY drawdown profile look like?

BLFY Financial Health

BLFY Investor Care

Buy Backs (1Y)

11.13%

Diluted EPS (TTM)

-0.32

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	67.7M	72.5M	76.3M	79.1M
2022	55.7M	56.8M	59.1M	62.4M
2021	59.1M	57.1M	56.0M	56.1M
2020	0	0	0	61.6M

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Tracking the Latest Insider Buys and Sells of Blue Foundry Bancorp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 06, 2024	pecoraro kelly	sold (taxes)	-24,874	8.98	-2,770	evp and cfo
Mar 06, 2024	packwood thomas	sold (taxes)	-5,262	8.98	-586	svp chief audit officer
Mar 06, 2024	malkiman aleksandr	sold (taxes)	-5,720	8.98	-637	evp and chief tech officer
Mar 06, 2024	goldberg jason m.	sold (taxes)	-14,215	8.98	-1,583	evp and chief lending officer
Mar 06, 2024	beidner elyse d.	sold (taxes)	-10,668	8.98	-1,188	evp and chief legal officer
Mar 06, 2024	roselle acela	sold (taxes)	-5,262	8.98	-586	evp/human resources director
Mar 06, 2024	rowe robert	sold (taxes)	-4,229	8.98	-471	evp and chief risk officer
Mar 06, 2024	nesci james d	sold (taxes)	-73,330	8.98	-8,166	president and ceo
Feb 01, 2024	nesci james d	acquired	-	-	57,045	president and ceo
Feb 01, 2024	goldberg jason m.	acquired	-	-	10,000	evp and chief lending officer

Which funds bought or sold BLFY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
May 01, 2024	Mirae Asset Global Investments Co., Ltd.	unchanged	-	449	109,072	-%
Apr 30, 2024	Avior Wealth Management, LLC	new	-	56.00	56.00	-%
Apr 26, 2024	SlateStone Wealth, LLC	unchanged	-	-4,000	123,000	0.01%
Apr 25, 2024	Lindbrook Capital, LLC	unchanged	-	-42.00	1,254	-%
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-10.92	-97,682	611,526	-%
Apr 24, 2024	Essex Financial Services, Inc.	added	3.8	27,038	5,752,590	0.53%
Apr 23, 2024	AMALGAMATED BANK	reduced	-57.84	-13,000	9,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	18,399	136,860	-%
Apr 22, 2024	Strategic Advisors LLC	reduced	-27.65	-57,961	135,439	0.03%

Are Funds Buying or Selling BLFY?

Are funds buying BLFY calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BLFY

No. of Funds

Unveiling Blue Foundry Bancorp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	driehaus capital management llc	6.81%	1,697,740	SC 13G/A
Feb 14, 2024	t. rowe price investment management, inc.	11.0%	2,741,702	SC 13G/A
Feb 13, 2024	vanguard group inc	5.25%	1,307,759	SC 13G
Feb 09, 2024	blue foundry bancorp	9.3%	2,273,299	SC 13G/A
Jan 26, 2024	blackrock inc.	7.1%	1,778,114	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	0.0%	4,367	SC 13G/A
Feb 13, 2023	driehaus capital management llc	5.37%	1,497,522	SC 13G
Feb 10, 2023	t. rowe price investment management, inc.	10.0%	2,758,144	SC 13G/A
Feb 10, 2023	t. rowe price investment management, inc.	9.9%	2,761,391	SC 13G
Feb 09, 2023	vanguard group inc	4.79%	1,335,650	SC 13G/A

Recent SEC filings of Blue Foundry Bancorp

View All Filings

Date Filed	Form Type	Document
Apr 24, 2024	8-K	Current Report
Apr 15, 2024	ARS	ARS
Apr 15, 2024	DEF 14A	DEF 14A
Apr 08, 2024	8-K	Current Report
Mar 27, 2024	10-K	Annual Report
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading

Peers (Alternatives to Blue Foundry Bancorp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	547.1B	174.7B	-3.92%	42.05%	10.87	3.13	53.11%	19.83%
BAC	291.2B	127.4B	-0.53%	37.98%	11.64	2.29	44.27%	-12.56%
WFC	208.9B	85.8B	4.90%	63.21%	11.13	2.44	35.02%	26.14%
C	117.3B	125.0B	-0.29%	36.99%	14.68	0.94	37.85%	-
CFG	16.2B	10.2B	1.35%	42.41%	10.1	1.59	44.53%	-22.43%
KEY	14.1B	8.1B	-2.10%	67.08%	16.1	1.73	32.15%	-50.93%
MID-CAP
CMA	7.0B	4.2B	-1.32%	70.01%	10.12	1.66	34.68%	-45.96%
ZION	6.5B	3.9B	2.66%	119.02%	9.51	1.64	45.91%	-25.03%
ABCB	3.4B	1.3B	6.52%	67.99%	12.78	2.69	43.24%	-22.35%
ASB	3.3B	1.8B	5.32%	45.11%	20.6	1.8	32.64%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	395.3M	152.4M	-5.17%	46.88%	39.76	2.59	16.94%	-73.84%
AROW	391.6M	162.6M	-0.59%	18.78%	13.02	2.41	25.39%	-38.37%
ACNB	282.2M	96.6M	-4.87%	20.96%	8.91	2.92	11.02%	-11.37%
ASRV	41.8M	60.9M	-2.01%	-14.98%	-12.5	0.69	24.06%	-144.92%

Blue Foundry Bancorp News

Latest updates

Blue Foundry Bancorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1
Revenue	0.8%	20,335,000	20,173,000	19,765,000	18,832,000	17,569,000	16,372,000	14,878,000	13,594,000	14,235,500	14,073,000	13,802,000	13,942,000	14,176,000	15,137,000	15,875,000	16,437,000
EBITDA Margin	-	0.53	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-6.9%	9,196,000	9,876,000	10,906,000	11,941,000	12,927,000	13,815,000	13,162,000	11,939,000	12,337,000	11,104,000	9,908,000	9,599,000	9,319,500	9,629,000	9,944,000	10,176,000
Income Taxes	-	-	-	-	-	163,000	123,000	3,000	49,000	16,103,000	-6,217,000	283,000	-551,000	-1,377,000	-1,098,000	-706,000	-4,685,000
EBT Margin	-Infinity%	-0.04	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-104.7%	-2,931,000	-1,432,000	-1,825,000	-1,209,000	562,000	1,241,000	40,000	553,000	-36,342,000	-14,970,000	-1,003,000	-745,000	-1,762,500	-1,665,000	-16,744,000	-11,334,000
Net Income Margin	-82.8%	-0.09	-0.05	-0.02	0.01	0.04	-0.58	-0.89	-0.93	-0.95	-0.33	-0.09	-0.35	-0.51	-	-	-
Free Cashflow	-1674.6%	-8,447,000	-476,000	-2,667,000	-6,099,000	789,000	2,908,000	-5,280,000	-1,002,000	-12,678,000	-2,490,000	-9,128,000	-1,748,000	-3,222,000	-1,280,000	-3,422,000	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet													(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Assets	-0.8%	2,045	2,061	2,081	2,101	2,043	2,012	1,964	1,938	1,914	2,024	2,577	1,964	1,943
Cash Equivalents	-12.2%	46.00	52.00	46.00	58.00	41.00	57.00	55.00	102	193	324	925	292	316
Net PPE	1.4%	32.00	32.00	32.00	31.00	30.00	30.00	31.00	28.00	28.00	27.00	25.00	23.00	20.00
Liabilities	-0.7%	1,689	1,701	1,714	1,715	1,650	1,615	1,552	1,518	1,485	1,576	2,372	1,758	1,737
Shareholder's Equity	-1.0%	356	359	367	386	394	397	412	420	429	448	205	205	206
Retained Earnings	-1.8%	164	167	169	171	172	171	170	170	169	189	204	205	206
Additional Paid-In Capital	0.3%	274	273	272	272	279	279	282	282	282	282	1.00	1.00	1.00
Shares Outstanding	-2.6%	25.00	25.00	25.00	27.00	28.00	26.00	26.00	26.00	29.00	29.00	-	-	0.00
Float	-	-	-	227	-	-	-	312	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1
Cashflow From Operations	-1028.5%	-7,205	776	-1,267	-4,422	1,312	3,911	-2,078	-366	-10,471	-107	-5,334	1,770	987	-199	-2,431	391
Cashflow From Investing	0.7%	20,240	20,109	7,881	-37,929	-45,362	-54,500	-78,616	-127,758	-39,114	-40,971	25,360	-50,609	45,867	103,963	11,745	-60,182
Cashflow From Financing	-36.4%	-19,417	-14,237	-18,476	58,790	27,908	53,107	33,938	36,240	-81,260	-559,722	612,931	24,528	21,476	-42,593	29,181	84,206
Buy Backs	95.2%	5,531	2,833	18,323	9,322	7,833	7,516	-	-	-	-	-	-	-	-	-	-

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BLFY Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Interest income:
Loans	$ 65,685	$ 52,279
Taxable investment income	12,990	9,678
Non-taxable investment income	430	456
Total interest income	79,105	62,413
Interest expense:
Deposits	24,116	5,738
Borrowed funds	13,070	4,832
Total interest expense	37,186	10,570
Net interest income	41,919	51,843
Release of provision for credit losses / release of provision for loan losses	(441)	(1,001)
Net interest income after release of provision for credit losses / release of provision for loan losses	42,360	52,844
Non-interest income:
Fees and service charges	1,164	2,156
Gain on securities, net	20	14
Gain on sale of loans	231	0
Other income	390	494
Total non-interest income	1,805	2,664
Non-interest expense:
Compensation and benefits	28,439	29,247
Occupancy and equipment	8,350	7,625
Data processing	6,119	5,754
Advertising	354	1,061
Professional services	3,021	4,117
Release of provision for commitments and letters of credit	0	(311)
Federal deposit insurance	799	381
Other expense	4,480	4,900
Total non-interest expense	51,562	52,774
(Loss) income before income tax expense	(7,397)	2,734
Income tax expense	0	338
Net (loss) income	$ (7,397)	$ 2,396
Basic (loss) earnings per share (in dollars per share)	$ (0.31)	$ 0.09
Diluted (loss) earnings per share (in dollars per share)	$ (0.31)	$ 0.09
Weighted average shares outstanding-basic (in shares)	23,925,724	26,165,841
Weighted average shares outstanding-diluted (in shares)	23,925,724	26,270,864

BLFY Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 46,025	$ 41,182
Securities available-for-sale, at fair value	283,766	314,248
Securities held-to-maturity (fair value of $28,323 at December 31, 2023 and $29,115 at December 31, 2022, and allowance for credit losses of $158 at December 31, 2023 and none at December 31, 2022)	33,254	33,705
FHLB stock and other investments	20,346	16,069
Loans receivable, net of allowance for credit losses of $14,154 at December 31, 2023 and $13,400 at December 31, 2022	1,546,576	1,531,727
Real estate owned, net	593	0
Interest and dividends receivable	7,595	6,893
Premises and equipment, net	32,475	29,825
Right-of-use assets	25,172	25,906
Bank owned life insurance	22,034	21,576
Other assets	27,127	22,207
Total assets	2,044,963	2,043,338
Liabilities
Deposits	1,244,904	1,288,862
Advances from the Federal Home Loan Bank	397,500	310,500
Advances by borrowers for taxes and insurance	8,929	9,302
Lease liabilities	26,777	27,324
Other liabilities	11,213	13,632
Total liabilities	1,689,323	1,649,620
Shareholders’ equity
Preferred stock, $0.01 par value, 10,000,000 authorized; none issued	0	0
Common stock $0.01 par value; 70,000,000 shares authorized; 28,522,500 shares issued at December 31, 2023 and December 31, 2022; 24,509,950 and 27,523,219 shares outstanding at December 31, 2023 and December 31, 2022, respectively	285	285
Additional paid-in capital	273,991	279,454
Retained earnings	164,340	171,763
Treasury Stock, at cost: 4,012,550 shares at December 31, 2023 and 999,281 shares at December 31, 2022	(40,016)	(12,072)
Unallocated common shares held by Employee Stock Ownership Plan	(20,080)	(20,993)
Accumulated other comprehensive loss	(22,880)	(24,719)
Total shareholders’ equity	355,640	393,718
Total liabilities and shareholders’ equity	$ 2,044,963	$ 2,043,338

About Blue Foundry Bancorp

Blue Foundry Bancorp operates as a bank holding company for Blue Foundry Bank, a savings bank that offers various banking products and services for individuals and businesses. It offers deposits; and loans, such as one-to-four family residential property, multi-family, non-residential real estate, construction, consumer, and commercial and industrial loans, as well as junior liens and home equity lines of credit. The company was formerly known as Boiling Springs Bancorp and changed its name to Blue Foundry Bancorp in July 2019. Blue Foundry Bancorp was founded in 1939 and is based in Rutherford, New Jersey.

CEO	Mr. James D. Nesci
WEBSITE	bluefoundrybank.com
INDUSTRY	Banks Diversified
EMPLOYEES	198

Blue Foundry Bancorp Frequently Asked Questions

What is the ticker symbol for Blue Foundry Bancorp? What does BLFY stand for in stocks?

BLFY is the stock ticker symbol of Blue Foundry Bancorp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Blue Foundry Bancorp (BLFY)?

As of Fri May 03 2024, market cap of Blue Foundry Bancorp is 220.02 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BLFY stock?

You can check BLFY's fair value in chart for subscribers.

What is the fair value of BLFY stock?

You can check BLFY's fair value in chart for subscribers. The fair value of Blue Foundry Bancorp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Blue Foundry Bancorp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BLFY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Blue Foundry Bancorp a good stock to buy?

The fair value guage provides a quick view whether BLFY is over valued or under valued. Whether Blue Foundry Bancorp is cheap or expensive depends on the assumptions which impact Blue Foundry Bancorp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BLFY.

What is Blue Foundry Bancorp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 03 2024, BLFY's PE ratio (Price to Earnings) is -29.74 and Price to Sales (PS) ratio is 2.78. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BLFY PE ratio will change depending on the future growth rate expectations of investors.