Bcb Bancorp (BCBP) Q2 EPS Jumps 29%

The efficiency ratio (non-GAAP), which tracks non-interest expense as a share of revenue, improved to 60.6% from 68.6% in Q2 2024. This indicates the bank had better control of operating expenses relative to revenue. Nonetheless, rising personnel costs and data processing expenses pushed non-interest expenses up by 9.2% from the prior year (GAAP). Bcb Bancorp (BCBP 0.36%), a New Jersey-based community bank with a focus on commercial and multi- family real estate lending, reported its financial results on Ju ...