BCB Bancorp rises on Q3 profit beat

Bcb Bancorp

18/10/2024 17:35

Oct 18 (Reuters) -   ** Shares of community lender BCB
Bancorp  BCBP.O  up 2.8% at $13.67
   ** Co posts Q3 profit of $0.36 per share vs analysts' average
estimate of $0.32 - data compiled by LSEG 
   ** Co completed upsized subordinated debt offering in Q3 that
bolstered its capital position
   ** 3 of 4 brokerages rate the stock "hold" and 1 "buy"; their
median PT is $13.63 
   ** Including session's gains, stock up ~5.82% YTD

 (Reporting by Rishab Shaju in Bengaluru)
 ((Rishab.Shaju@thomsonreuters.com;))