BCB Bancorp returns to profit in Q1 as credit losses fall

Bcb Bancorp

21/04/2026 13:38

Overview

U.S. community bank's Q1 net income rose to $4.9 mln from a loss a year ago

EPS for Q1 was $0.26, up from a loss per share a year earlier

Provision for credit losses fell sharply, reflecting improved credit trends

Outlook

Company says credit headwinds have moderated and lending activity has resumed

Company anticipates loan originations will continue to build momentum as the year progresses

Result Drivers

CREDIT LOSS PROVISION - Lower provision for credit losses drove improved results as credit headwinds moderated

NET INTEREST MARGIN - Net interest margin increased due to a decrease in the cost of interest-bearing liabilities and a slight increase in yield on interest-earning assets

NON-INTEREST INCOME - Higher bank-owned life insurance income contributed to a modest rise in non-interest income

Company press release: ID:nGNX63Tdkm

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
$0.26
Q1 Net Income
$4.9 mln
Q1 Dividend
$0.08
Q1 Net Interest Margin
2.95%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for BCB Bancorp Inc is $9.00, about 3.7% below its April 20 closing price of $9.35

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)