Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for BCB Bancorp, with a focus on how actual results compare to estimates impacting stock price movements [1] Earnings Estimates - BCB Bancorp is expected to report quarterly earnings of $0.32 per share, reflecting an 18% decrease year-over-year [2] - Revenues are projected to be $25.29 million, down 6.6% from the same quarter last year [2] Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [3] - The Most Accurate Estimate for BCB Bancorp is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -7.22%, suggesting a bearish sentiment among analysts [6] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a favorable Zacks Rank [5] - BCB Bancorp currently holds a Zacks Rank of 2 (Buy), but the negative Earnings ESP complicates predictions of an earnings beat [7] Historical Performance - In the last reported quarter, BCB Bancorp was expected to earn $0.30 per share but only achieved $0.14, resulting in a surprise of -53.33% [8] - The company has not surpassed consensus EPS estimates in any of the last four quarters [8] Conclusion - BCB Bancorp does not appear to be a compelling candidate for an earnings beat, and investors should consider other factors when evaluating the stock ahead of its earnings release [9]

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to fin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 Or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number: 0-50275 BCB Bancorp, Inc. (Exact name of registrant as specified in its charter) New Jersey 26-0065262 (Stat ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a v ...

Exhibit 99.1 CONTACT: MICHAEL SHRINER, PRESIDENT & CEO JAWAD CHAUDHRY, EVP & CFO (201) 823-0700 BCB Bancorp, Inc. Earns $2.8 Million in Second Quarter 2024; Reports $0.14 EPS and Declares Quarterly Cash Dividend of $0.16 Per Share BAYONNE, N.J., July 19, 2024 — BCB Bancorp, Inc. (the "Company"), (NASDAQ: BCBP), the holding company for BCB Community Bank (the "Bank"), today reported net income of $2.8 million for the second quarter of 2024, compared to $5.9 million in the first quarter of 2024, and $8.6 mill ...

BCB Bancorp (BCBP) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -53.33%. A quarter ago, it was expected that this community bank would post earnings of $0.36 per share when it actually produced earnings of $0.32, delivering a surprise of -11.11%.Over the last four quarters, the com ...

BAYONNE, N.J., July 19, 2024 (GLOBE NEWSWIRE) -- BCB Bancorp, Inc. (the "Company"), (NASDAQ: BCBP), the holding company for BCB Community Bank (the "Bank"), today reported net income of $2.8 million for the second quarter of 2024, compared to $5.9 million in the first quarter of 2024, and $8.6 million for the second quarter of 2023. Earnings per diluted share for the second quarter of 2024 were $0.14, compared to $0.32 in the preceding quarter and $0.50 in the second quarter of 2023. During the second quart ...

BAYONNE, N.J., July 02, 2024 (GLOBE NEWSWIRE) -- BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank” or “BCB”), today announced the election of Raymond J. Vanaria to the Board of Directors of both BCB Bancorp, Inc. and BCB Community Bank, effective immediately. Mr. Vanaria joined Malesardi, Quackenbush, Swift & Company LLC as an accountant in 1983, and became a member of the firm in 1988. He specializes in individual and corporate taxation, auditing, and ...

Financial Position - Total assets increased by $16.8 million, or 0.4%, to $3.849 billion at March 31, 2024, from $3.832 billion at December 31, 2023[105] - Total cash and cash equivalents increased by $72.9 million, or 26.1%, to $352.4 million at March 31, 2024, from $279.5 million at December 31, 2023[105] - Loans receivable, net, decreased by $52.8 million, or 1.6%, to $3.227 billion at March 31, 2024, from $3.280 billion at December 31, 2023[105] - Deposits increased by $12.6 million, or 0.4%, to $2.992 billion at March 31, 2024, from $2.979 billion at December 31, 2023[105] - Stockholders' equity increased by $6.1 million, or 1.9%, to $320.1 million at March 31, 2024, from $314.1 million at December 31, 2023[105] Income and Expenses - Net interest income for the three months ended March 31, 2024, was $23.143 million, compared to $27.471 million for the same period in 2023[108] - Net income for Q1 2024 was $5.9 million, down from $8.1 million in Q1 2023, primarily due to lower net interest income and higher credit loss provisioning[110] - Net interest income decreased by $4.3 million, or 15.8%, to $23.1 million in Q1 2024 from $27.5 million in Q1 2023, driven by higher interest expenses[110] - Interest income increased by $6.9 million, or 16.4%, to $49.3 million in Q1 2024, with an average balance of interest-earning assets rising by $216.1 million, or 6.2%[110] - Non-interest income rose by $3.8 million to $2.1 million in Q1 2024, mainly due to gains on equity securities[110] - Non-interest expenses increased by $984 thousand, or 7.1%, to $14.8 million in Q1 2024, attributed to higher regulatory assessment charges[110] Credit and Risk Management - The allowance for credit losses increased by $955 thousand to $34.6 million, or 155.4% of non-accruing loans, at March 31, 2024[105] - The provision for credit losses was $2.1 million in Q1 2024, compared to $622,000 in Q1 2023, indicating increased credit risk[110] Capital and Ratios - As of March 31, 2024, the Company had total outstanding borrowings of $510.6 million, slightly up from $510.4 million at December 31, 2023[111] - The Company had a Community Bank Leverage Ratio of 9.33% as of March 31, 2024, exceeding the minimum requirement of 9%[114] - Total capital to risk-weighted assets ratio was 11.56% as of March 31, 2024, above the regulatory requirement of 8%[116] Interest Rate Sensitivity - As of March 31, 2024, a 100-basis point decrease in interest rates would result in a 0.58% increase in NPV, compared to a 0.66% increase as of December 31, 2023[119] - The NPV ratio at a -100 basis point scenario is 10.59%, reflecting a $29,296 increase in net portfolio value[120] - The NPV ratio at a -200 basis point scenario is 11.03%, indicating a $54,373 increase in net portfolio value[120] - The NPV ratio at a -300 basis point scenario is 11.21%, showing a $69,984 increase in net portfolio value[120] - The company experienced an 8.56% decrease in NPV from PAR at a +100 basis point scenario[120] - The NPV table provides an indication of interest rate risk exposure but does not precisely forecast the effect of market interest rate changes on net interest income[119] Internal Controls and Procedures - The company has evaluated the effectiveness of its disclosure controls and procedures, concluding they are effective as of the end of the reporting period[119] - There were no changes to internal controls over financial reporting that materially affected the company's reporting during the most recent fiscal quarter[119] - The company assumes that the composition of interest-sensitive assets and liabilities remains constant over the measured period[119]

Core Viewpoint - BCB Bancorp, Inc. has elected Tara L. French to its Board of Directors, effective immediately, enhancing its leadership team with her extensive banking experience [1][2]. Company Overview - BCB Bancorp, Inc. is the holding company for BCB Community Bank, established in 2000 and headquartered in Bayonne, New Jersey [3]. - The Bank operates twenty-seven branch offices in New Jersey and four branches in New York, offering a wide range of loans, deposit products, and banking services [3]. Leadership Addition - Tara L. French previously served as an officer at Northfield Bank and has significant experience in banking, including roles as Chief Administrative Officer and Chief Risk Officer [1][2]. - Ms. French will contribute to the Audit Committee, ALCO Committee, and Nominating/Corporate Governance Committee [2]. Strategic Intent - The Chairman of the Board, Mark D. Hogan, expressed confidence that Ms. French's experience and leadership skills will be valuable as the company aims to grow its franchise [2].