Financial Position - As of September 30, 2025, the company reported total assets of $3.353 billion, a decrease of $246.0 million or 6.8% from $3.599 billion at December 31, 2024[167]. - Total cash and cash equivalents decreased by $67.7 million or 21.3% to $249.6 million at September 30, 2025, primarily due to a reduction in wholesale funding[168]. - Loans receivable, net, decreased by $207.3 million or 6.9% to $2.789 billion at September 30, 2025, with significant declines in commercial real estate and multi-family loans[169]. - Deposits decreased by $63.5 million or 2.3% to $2.687 billion at September 30, 2025, with notable declines in brokered deposits and transaction accounts[171]. - Stockholders' equity decreased by $5.5 million or 1.7% to $318.5 million at September 30, 2025, primarily due to a decrease in retained earnings[174]. - The Company had total outstanding borrowings of $323.9 million as of September 30, 2025, down from $498.3 million at December 31, 2024[198]. - As of September 30, 2025, the Company had the ability to obtain additional funding of $200.3 million from the FHLB and $223.3 million from the Federal Reserve Bank Discount Window[199]. Credit Quality - The allowance for credit losses increased by $3.0 million to $37.8 million, representing 40.4% of non-accruing loans and 1.34% of gross loans at September 30, 2025[169]. - The allowance for credit losses on loans was $37.8 million, or 1.34% of gross loans, at September 30, 2025, up from $34.8 million, or 1.15%, at December 31, 2024[184]. - The company established a $13.7 million specific reserve related to the cannabis sector and increased reserves for the discontinued Business Express Loan portfolio by $3.1 million during the first quarter of 2025[163]. - Net charge-offs for Q3 2025 were $16.9 million, significantly higher than $3.4 million in Q3 2024, largely due to a $12.7 million charge-off related to a cannabis-related relationship[184]. - Net charge-offs increased significantly to $26.8 million from $6.3 million in the same period of 2024, with a provision for credit losses rising to $29.8 million from $7.4 million[192]. Income and Expenses - Net income for Q3 2025 was $4.3 million, down from $6.7 million in Q3 2024, primarily due to $1.2 million more in credit loss provisioning and $2.6 million increase in non-interest expenses[180]. - Interest income decreased by $5.6 million, or 11.5%, to $43.0 million in Q3 2025 from $48.6 million in Q3 2024, with average interest-earning assets down by $313.5 million, or 8.8%[181]. - Non-interest income decreased by $382 thousand to $2.7 million in Q3 2025, primarily due to $782 thousand less in realized gains on equity investments[186]. - Non-interest expense increased by $2.6 million, or 19.0%, to $16.6 million in Q3 2025, driven by higher salaries, employee benefits, and regulatory assessment fees[187]. - For the first nine months of 2025, net income decreased by $15.8 million to a loss of $498 thousand, primarily due to higher provisioning for loan loss expenses and increased non-interest expenses[189]. - Net interest income decreased by $1.0 million, with interest income down $16.9 million (11.5%) to $130.4 million for the first nine months of 2025 compared to $147.4 million in 2024[190]. - Non-interest expense increased by $3.7 million (8.8%) to $46.5 million, primarily due to higher salaries and employee benefits[194]. - The income tax provision decreased by $1.1 million to $1.5 million in Q3 2025, with an effective tax rate of 26.6% compared to 28.7% in Q3 2024[188]. - The income tax provision decreased by $6.7 million, resulting in an income tax benefit of $386 thousand for the first nine months of 2025[195]. Interest Rate Risk - The weighted average interest rate of FHLB advances was 4.09% at September 30, 2025, down from 4.35% at December 31, 2024[172]. - As of September 30, 2025, a 100-basis point decrease in interest rates would result in a 0.05% increase in NPV, compared to a 0.27% increase at December 31, 2024[213]. - The net portfolio value (NPV) at a 100-basis point increase is $386,694, reflecting a decrease of $14,452 or 3.60% from PAR[212]. - The NPV ratio as a percentage of assets is 11.97% at a 100-basis point increase, down from 12.22% at PAR[212]. - A 200-basis point decrease in interest rates would yield an NPV of $410,813, an increase of $9,667 or 2.41% from PAR[212]. - The NPV at a 300-basis point decrease is $417,460, showing an increase of $16,314 or 4.07% from PAR[212]. - The methodology for measuring interest rate risk has inherent shortcomings, as it assumes constant asset and liability composition over the measurement period[214]. - The NPV table does not provide a precise forecast of the impact of market interest rate changes on net interest income[214]. - The company’s interest-sensitive assets and liabilities are assumed to respond uniformly to interest rate changes, which may not reflect actual market behavior[214]. - The NPV as a percentage of assets shows slight fluctuations with changes in interest rates, indicating sensitivity to market conditions[212]. - The company’s interest rate risk exposure is indicated at specific points in time but may differ from actual results[214]. Capital Ratios - The Community Bank Leverage Ratio was 10.60% as of September 30, 2025, exceeding the minimum requirement of 9%[206]. - Total Capital to Risk-Weighted Assets was 13.45% as of September 30, 2025, above the regulatory requirement of 8%[208].

Financial Performance - Net income for the third quarter of 2025 was $4.3 million, an increase from $3.6 million in the second quarter of 2025 but a decrease from $6.7 million in the third quarter of 2024[2][15] - Earnings per diluted share for the third quarter were $0.22, compared to $0.18 in the preceding quarter and $0.36 in the third quarter of 2024[2] - Net income for the third quarter of 2025 was $4.262 million, a 19.6% increase from $3.564 million in the previous quarter[39] - Basic and diluted net income per common share for the third quarter of 2025 was $0.22, reflecting a 22.0% increase from $0.18 in the previous quarter[39] - Net loss available to common stockholders was $1,944,000, a decrease of 113.9% from $13,994,000 profit in the previous year[40] - Basic and diluted net loss per common share was $(0.11), down from $0.82 in the prior year, reflecting a 113.8% decline[40] Asset and Liability Management - Total assets decreased by $246.0 million, or 6.8 percent, to $3.353 billion at September 30, 2025, from $3.599 billion at December 31, 2024[8] - Total assets decreased to $3,353,065 thousand in Q3 2025 from $3,380,461 thousand in Q2 2025, a decline of 0.8%[46] - Total assets decreased to $3,380,310 thousand in Q3 2025 from $3,702,875 thousand in Q3 2024, a decline of 8.69%[42] - Total liabilities decreased to $3,064,329 thousand in Q3 2025 from $3,381,092 thousand in Q3 2024, a reduction of 9.36%[42] Deposits and Loans - Total deposits increased to $2.687 billion at September 30, 2025, from $2.662 billion at June 30, 2025[6] - Deposits increased to $2,687,387 thousand in Q3 2025, up from $2,661,534 thousand in Q2 2025, reflecting a growth of 1.0%[49] - Total loans receivable decreased by $207.3 million, or 6.9 percent, to $2.789 billion at September 30, 2025, from $2.996 billion at December 31, 2024[7][10] - Total loans, net decreased to $2,788,932 thousand in Q3 2025 from $2,860,453 thousand in Q2 2025, a decline of 2.5%[49] Income and Expenses - Non-interest expense increased by $2.6 million, or 19.0 percent, to $16.6 million for the third quarter of 2025 compared to $13.9 million for the third quarter of 2024[21] - Non-interest expense rose by $3.7 million, or 8.8%, to $46.5 million for the first nine months of 2025, driven primarily by a $2.3 million increase in salaries and employee benefits[29] - Total interest and dividend income for the third quarter of 2025 was $43.042 million, a decrease of 11.5% compared to $48.626 million for the same period in 2024[39] - Total interest and dividend income decreased by 11.5% to $130,415,000 compared to $147,356,000 in the previous year[40] - Net interest income after provision for credit losses increased by 7.8% to $19.631 million for the third quarter of 2025, compared to $20.155 million for the same period in 2024[39] - Net interest income after provision for credit losses fell by 37.5% to $39,002,000 from $62,411,000 year-over-year[40] Credit Quality - The provision for credit losses was $4.1 million in the third quarter of 2025, down from $4.9 million in the second quarter of 2025 but up from $2.9 million in the third quarter of 2024[6][19] - Net charge-offs for the third quarter of 2025 were $16.9 million, significantly higher than the $3.4 million recorded in the third quarter of 2024[31] - Non-accrual loans totaled $93.5 million, or 3.31% of gross loans, at September 30, 2025, up from $35.3 million, or 1.13% of gross loans, at September 30, 2024[32] - The allowance for credit losses was $37.8 million, or 1.34% of gross loans, at September 30, 2025, compared to $34.7 million, or 1.11% of gross loans, at September 30, 2024[32] - The allowance for credit losses as a percentage of non-accrual loans was 40.4 percent at September 30, 2025, down from 49.8 percent at the prior quarter-end[6] Efficiency and Returns - The annualized return on average assets ratio for the third quarter was 0.50 percent, compared to 0.42 percent in the prior quarter and 0.72 percent in the third quarter of 2024[6] - The efficiency ratio for Q3 2025 was 62.63%, up from 60.64% in Q2 2025, indicating a decrease in operational efficiency[50] - Return on average assets improved to 0.50% in Q3 2025 from 0.42% in Q2 2025[50] Interest Rates and Margins - Net interest margin rose to 2.88 percent for the third quarter of 2025, up from 2.80 percent in the second quarter of 2025 and 2.58 percent in the third quarter of 2024[6][18] - Net interest margin improved to 2.88% in Q3 2025 from 2.58% in Q3 2024[42] - Net interest rate spread increased to 2.17% in Q3 2025 from 1.82% in Q3 2024[42]

For the quarter ended September 2025, BCB Bancorp (BCBP) reported revenue of $26.46 million, up 1.1% over the same period last year. EPS came in at $0.22, compared to $0.36 in the year-ago quarter.The reported revenue represents a surprise of +3.02% over the Zacks Consensus Estimate of $25.68 million. With the consensus EPS estimate being $0.21, the EPS surprise was +4.76%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

BCB Bancorp (BCBP) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +4.76%. A quarter ago, it was expected that this community bank would post earnings of $0.18 per share when it actually produced earnings of $0.18, delivering no surprise.Over the last four quarters, the company has su ...

Core Insights - BCB Bancorp, Inc. reported a net income of $4.3 million for Q3 2025, an increase from $3.6 million in Q2 2025 but a decrease from $6.7 million in Q3 2024 [1][14] - The company declared a quarterly cash dividend of $0.16 per share, payable on November 24, 2025 [2] - The CEO highlighted a profitable quarter with improved capital ratios and a strong liquidity position, alongside an expanding net interest margin [3] Financial Performance - Net interest income for Q3 2025 was $23.7 million, a slight increase from $23.1 million in Q2 2025, but a decrease from $23.0 million in Q3 2024 [40] - The net interest margin increased to 2.88% in Q3 2025 from 2.80% in Q2 2025 and 2.58% in Q3 2024 [8][17] - Total assets decreased by $246 million, or 6.8%, to $3.353 billion as of September 30, 2025, primarily due to strategic initiatives to enhance capital ratios [6] Asset Quality - The company recognized $16.9 million in net charge-offs during Q3 2025, significantly higher than $3.4 million in Q3 2024, largely due to a $12.7 million charge-off related to a cannabis loan [18][30] - Non-accrual loans totaled $93.5 million, or 3.31% of gross loans, at September 30, 2025, compared to $35.3 million, or 1.13%, a year earlier [31] Balance Sheet Highlights - Total deposits were $2.687 billion at September 30, 2025, a slight increase from $2.662 billion at June 30, 2025 [8][11] - The allowance for credit losses increased to $37.8 million, or 1.34% of gross loans, as of September 30, 2025, compared to $34.8 million, or 1.15%, at December 31, 2024 [9][19] - Stockholders' equity decreased by $5.5 million, or 1.7%, to $318.5 million at September 30, 2025, primarily due to a decline in retained earnings [13] Year-to-Date Performance - For the first nine months of 2025, the company reported a net loss of $498,000, a significant decline from a profit of $15.4 million in the same period of 2024 [23][42] - Net interest income for the first nine months of 2025 was $130.4 million, down 11.5% from $147.4 million in 2024 [24] - Non-interest income increased to $6.6 million for the first nine months of 2025, compared to $2.0 million in the same period of 2024 [27]

Group 1 - The stock of BCB Bancorp, Inc. (BCBP) is experiencing significant attention due to high implied volatility in the options market, particularly for the Jan 16, 2026 $05.00 Call option [1] - Implied volatility indicates the market's expectation of future price movement, suggesting that investors anticipate a significant change in the stock's price, potentially due to an upcoming event [2] - BCB Bancorp currently holds a Zacks Rank 3 (Hold) in the Banks - Northeast industry, which is in the top 24% of the Zacks Industry Rank, with no recent changes in analyst estimates for the current quarter [3] Group 2 - The high implied volatility for BCB Bancorp may indicate a developing trading opportunity, as options traders often seek to sell premium on options with high implied volatility to capture decay [4]

The market expects BCB Bancorp (BCBP) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they ...

This year has not been a good one for BCB Bancorp (NASDAQ: BCBP ). The company reported a significant loss in the first quarter after it reclassified a $34.2 million loan to non-accrual status andI have been involved in the financial world for over 20 years with experience as an advisor, teacher, and writer. I am a full believer in the free-market system and that financial markets are efficient with most stocks reflecting their real current value. The best opportunities for profits on individual stocks come ...

PART I. CONSOLIDATED FINANCIAL INFORMATION This section presents the company's consolidated financial statements and notes, detailing financial position and performance [Item 1. Consolidated Financial Statements](index=3&type=section&id=ITEM%20I.%20CONSOLIDATED%20FINANCIAL%20STATEMENTS) This section provides an overview of the Company's financial position, operational performance, comprehensive income, equity changes, and cash flows for the reported periods, along with detailed notes on accounting policies and specific financial items [Consolidated Statements of Financial Condition](index=3&type=section&id=Consolidated%20Statements%20of%20Financial%20Condition) This section presents the Company's assets, liabilities, and equity at specific points in time | Metric | June 30, 2025 (in thousands) | December 31, 2024 (in thousands) | | :--------------------------------- | :----------------------------- | :------------------------------- | | Total Assets | $3,380,461 | $3,599,118 | | Total Liabilities | $3,064,726 | $3,275,193 | | Total Stockholders' Equity | $315,735 | $323,925 | | Loans receivable, net | $2,860,453 | $2,996,259 | | Total deposits | $2,661,534 | $2,750,858 | [Consolidated Statements of Operations](index=4&type=section&id=Consolidated%20Statements%20of%20Operations) This section details the Company's revenues, expenses, and net income or loss over specific periods | Metric | Three Months Ended June 30, 2025 (in thousands) | Three Months Ended June 30, 2024 (in thousands) | | :--------------------------------- | :---------------------------------------------- | :---------------------------------------------- | | Net Income (Loss) | $3,564 | $2,817 | | Net Income (Loss) available to common stockholders | $3,082 | $2,369 | | Basic EPS | $0.18 | $0.14 | | Diluted EPS | $0.18 | $0.14 | | Metric | Six Months Ended June 30, 2025 (in thousands) | Six Months Ended June 30, 2024 (in thousands) | | :--------------------------------- | :-------------------------------------------- | :-------------------------------------------- | | Net Income (Loss) | $(4,760) | $8,683 | | Net Income (Loss) available to common stockholders | $(5,724) | $7,801 | | Basic EPS | $(0.33) | $0.46 | | Diluted EPS | $(0.33) | $0.46 | | Metric | Six Months Ended June 30, 2025 (in thousands) | Six Months Ended June 30, 2024 (in thousands) | | :--------------------------------- | :-------------------------------------------- | :-------------------------------------------- | | Total interest income | $87,373 | $98,730 | | Total interest expense | $42,266 | $51,948 | | Provision for credit losses | $25,736 | $4,526 | [Consolidated Statements of Comprehensive Income (Loss)](index=5&type=section&id=Consolidated%20Statements%20of%20Comprehensive%20Income%20(Loss)) This section presents the Company's net income and other comprehensive income or loss components | Metric | Three Months Ended June 30, 2025 (in thousands) | Three Months Ended June 30, 2024 (in thousands) | | :--------------------------------- | :---------------------------------------------- | :---------------------------------------------- | | Net Income (Loss) | $3,564 | $2,817 | | Other comprehensive income (loss), net of tax | $170 | $(171) | | Comprehensive income | $3,734 | $2,646 | | Metric | Six Months Ended June 30, 2025 (in thousands) | Six Months Ended June 30, 2024 (in thousands) | | :--------------------------------- | :-------------------------------------------- | :-------------------------------------------- | | Net Income (Loss) | $(4,760) | $8,683 | | Other comprehensive income (loss), net of tax | $1,140 | $(304) | | Comprehensive income | $(3,620) | $8,379 | [Consolidated Statement of Changes in Stockholders' Equity](index=6&type=section&id=Consolidated%20Statement%20of%20Changes%20in%20Stockholders'%20Equity) This section outlines the changes in the Company's equity accounts over the reporting period | Metric | January 1, 2025 (in thousands) | June 30, 2025 (in thousands) | | :--------------------------------- | :----------------------------- | :--------------------------- | | Total Stockholders' Equity | $323,925 | $315,735 | | Net loss (six months) | N/A | $(4,760) | | Other comprehensive income (six months) | N/A | $1,140 | | Cash dividends on common stock (six months) | N/A | $(5,347) | [Consolidated Statements of Cash Flows](index=9&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) This section reports the cash generated and used by the Company's operating, investing, and financing activities | Metric | Six Months Ended June 30, 2025 (in thousands) | Six Months Ended June 30, 2024 (in thousands) | | :--------------------------------- | :-------------------------------------------- | :-------------------------------------------- | | Net Cash Provided by Operating Activities | $15,342 | $16,415 | | Net Cash Provided by (Used In) Investing Activities | $88,673 | $76,872 | | Net Cash (Used in) Provided by Financing Activities | $(214,445) | $(45,940) | | Net (Decrease) Increase in Cash and Cash Equivalents | $(110,430) | $47,347 | | Cash and Cash Equivalents-Ending | $206,852 | $326,870 | [Notes to Unaudited Consolidated Financial Statements](index=10&type=section&id=Notes%20to%20Unaudited%20Consolidated%20Financial%20Statements) This section provides detailed explanations and additional information supporting the consolidated financial statements [Note 1 – Basis of Presentation](index=10&type=section&id=Note%201%20%E2%80%93%20Basis%20of%20Presentation) This note describes the foundational principles and scope used in preparing the financial statements - BCB Bancorp, Inc. is a New Jersey bank holding company, operating BCB Community Bank with 27 locations in New Jersey and New York[29](index=29&type=chunk) - The Bank's primary business involves attracting deposits and investing them in securities and loans collateralized by residential and commercial real estate, business, and consumer loans[29](index=29&type=chunk) - The Company operates as a single reportable segment, with the CEO evaluating performance based on consolidated net interest income and net income[31](index=31&type=chunk) [Note 2 – Recent Accounting Pronouncements](index=10&type=section&id=Note%202%20%E2%80%93%20Recent%20Accounting%20Pronouncements) This note outlines recently issued accounting standards and their impact on the Company's financial reporting - FASB issued ASU 2024-02 (Codification Improvements), effective January 1, 2025, which did not materially impact the Company's financial statements[35](index=35&type=chunk) - FASB issued ASU 2023-09 (Income Taxes), effective for annual periods after December 15, 2024, enhancing income tax disclosures, which the Company is currently evaluating[36](index=36&type=chunk) - The allowance for credit losses (ACL) is a critical accounting policy, estimated using quantitative models (regression-based DCF) and qualitative factors, covering lifetime expected credit losses on financial assets and off-balance sheet commitments[38](index=38&type=chunk)[74](index=74&type=chunk) - Starting Q1 2025, cannabis-related loans are segmented separately due to unique risks, with a portfolio balance of **$103.0 million** at June 30, 2025[40](index=40&type=chunk) [Note 3 – Reclassification](index=11&type=section&id=Note%203%20%E2%80%93%20Reclassification) This note explains any reclassifications made to prior period financial statements for consistent presentation - Certain amounts were reclassified to conform to the current period's presentation, with no effect on the Company's results of operations or financial position[45](index=45&type=chunk) [Note 4 – Equity Incentive Plans](index=12&type=section&id=Note%204%20%E2%80%93%20Equity%20Incentive%20Plans) This note details the Company's equity-based compensation programs for employees and directors - The Company has three equity incentive plans (2023, 2018, 2011) authorizing common stock grants for employees and directors, including stock options and restricted stock awards[47](index=47&type=chunk)[48](index=48&type=chunk)[49](index=49&type=chunk) - In February 2025, **63,763 stock options** were granted to officers, vesting over 3 years, and **43,773 restricted shares** were awarded to directors, vesting over 1 year[50](index=50&type=chunk)[51](index=51&type=chunk) | Metric | June 30, 2025 | June 30, 2024 | | :--------------------------------- | :------------ | :------------ | | Non-vested Restricted Shares | 84,043 | 114,402 | | Weighted Average Grant Date Fair Value (Restricted Shares) | $11.32 | $12.42 | | Outstanding Stock Options | 957,738 | N/A | | Weighted

Core Viewpoint - Bcb Bancorp returned to profitability in Q2 2025, reporting earnings per diluted share of $0.18, surpassing analyst estimates and reversing a loss from the previous quarter [1][5][9] Financial Performance - GAAP net income for Q2 2025 was $3.6 million, compared to a net loss in the prior quarter [5] - Revenue increased to $25.18 million, up 23.3% year-over-year from $20.41 million in Q2 2024 [2] - Net interest margin improved to 2.80%, up from 2.60% in the previous year [2][5] - Efficiency ratio improved to 60.6%, down from 68.6% in Q2 2024, indicating better control of operating expenses [2][6] - Return on average assets rose to 0.42%, up from 0.30% in Q2 2024 [2] Asset Quality and Risks - Non-accrual loans increased to $101.8 million, representing 3.50% of gross loans, significantly higher than 1.01% in Q2 2024 [7] - The allowance for credit losses covered only 49.8% of non-accruals, down from over 100% a year ago [7] - Provision expenses for credit losses totaled $4.9 million, an increase from $2.4 million in Q2 2024 [7] Business Strategy - The company focuses on commercial and multi-family real estate lending, which constitutes approximately 74.8% of total gross loans [3] - Bcb Bancorp emphasizes a community banking model with personalized service and strong local relationships [4] - The strategy includes disciplined risk management and maintaining balance sheet strength amid increased competition in the banking sector [4] Future Outlook - Management did not provide explicit financial guidance for Q3 or full fiscal 2025, noting that recent credit actions have impacted short-term profitability [9] - Investors are advised to monitor trends in asset quality, particularly the rising non-accrual loans and the adequacy of reserves [10]