BCB Bancorp: Q4 Earnings Snapshot

Carbonatix Pre-Player Loader

Audio By Carbonatix

BAYONNE, N.J. (AP) — BAYONNE, N.J. (AP) — BCB Bancorp Inc. (BCBP) on Tuesday reported fourth-quarter earnings of $3.3 million.

The Bayonne, New Jersey-based bank said it had earnings of 16 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.

The community bank posted revenue of $47.6 million in the period. Its revenue net of interest expense was $23.1 million, which also fell short of Street forecasts.

For the year, the company reported profit of $18.6 million, or 99 cents per share. Revenue was reported as $95 million.

BCB Bancorp shares have increased slightly since the beginning of the year. The stock has fallen 9% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BCBP at https://www.zacks.com/ap/BCBP

 

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • Best Stocks Now
    3:00PM - 4:00PM
     
    Bill Gunderson provides listeners with financial guidance that is both experienced and accomplished.
     
  • The Hugh Hewitt Show
    4:00PM - 6:00PM
     
    Hugh Hewitt is one of the nation’s leading bloggers and a genuine media   >>
     
  • SEKULOW
    6:00PM - 7:00PM
     
    Jay Sekulow is widely regarded as one of the foremost free speech and religious   >>
     
  • The Larry Elder Show
    7:00PM - 9:00PM
     
    Larry Elder personifies the phrase “We’ve Got a Country to Save” The “Sage from   >>
     
  • Rich Valdés America at Night
     
    It’s new talk for a new generation, introducing Rich Valdés America at Night!   >>
     

See the Full Program Guide