BLFY
Blue Foundry Bancorp
Price Chart
No historical data available
Latest Quote
$13.24
| Previous Close | $13.24 |
| Open | $13.05 |
| Day High | $13.29 |
| Day Low | $12.90 |
| Volume | 708,562 |
Stock Information
| Shares Outstanding | 20.76M |
| Total Debt | $326.88M |
| Cash Equivalents | $56.71M |
| Revenue | $46.94M |
| Net Income | $-10.03M |
| Sector | Financial Services |
| Industry | Banks - Regional |
| Market Cap | $274.88M |
| EPS (TTM) | $-0.51 |
| Exchange | NMS |
Recent Price History
About Blue Foundry Bancorp
As of April 1, 2026, Blue Foundry Bancorp was acquired by Fulton Financial Corporation. Blue Foundry Bancorp operates as the bank holding company for Blue Foundry Bank, a savings bank that offers banking products and services for individuals and businesses in northern New Jersey. It offers saving, time, and non-interest-bearing deposits; NOW and demand accounts; and loans, such as residential and commercial real estate, multifamily, construction, consumer, and commercial and industrial loans, as well as junior liens and home equity lines of credit. The company was formerly known as Boiling Springs Bancorp and changed its name to Blue Foundry Bancorp in July 2019. Blue Foundry Bancorp was founded in 1939 and is based in Rutherford, New Jersey.
đ° Latest News
Blue Foundry, Fulton Financial announce regulatory approvals, merger close date
TipRanks âĸ 2026-02-24T13:50:39ZWhat Analysts Think Is Changing The Story For Fulton Financial (FULT)
Simply Wall St. âĸ 2026-02-09T13:11:09ZBlue Foundry Bancorp Shareholders Approve Fulton Financial Merger Deal at Virtual Special Meeting
MarketBeat âĸ 2026-01-31T00:09:18ZFulton Financial Corp (FULT) Q4 2025 Earnings Call Highlights: Record Earnings and Strategic ...
GuruFocus.com âĸ 2026-01-27T01:02:30ZVertiv and Molina Healthcare have been highlighted as Zacks Bull and Bear of the Day
Zacks âĸ 2025-12-03T14:08:00ZASB to Deepen Midwest Presence Via $604M American National Buyout
Zacks âĸ 2025-12-02T14:58:00ZFulton Set to Acquire Blue Foundry, Deepens New Jersey Presence
Zacks âĸ 2025-11-25T16:12:00ZFulton Financial to buy NJâs Blue Foundry in $243M deal
Banking Dive âĸ 2025-11-25T12:28:31ZSector Update: Financial Stocks Rise Late Afternoon
MT Newswires âĸ 2025-11-24T20:54:58ZTop Midday Gainers
MT Newswires âĸ 2025-11-24T19:02:17ZIncome Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $39,344,000 | $43,724,000 | $54,507,000 | $45,428,000 |
| Operating Revenue | $39,344,000 | $43,724,000 | $54,507,000 | $45,428,000 |
| Expenses | ||||
| Interest Expense | $47,901,000 | $37,186,000 | $10,570,000 | $13,104,000 |
| Selling And Marketing Expense | $292,000 | $354,000 | $1,061,000 | $2,390,000 |
| General And Administrative Expense | $30,288,000 | $29,238,000 | $29,628,000 | $26,249,000 |
| Professional Expense And Contract Services Expense | $2,903,000 | $3,021,000 | $4,117,000 | $4,528,000 |
| Other Non Interest Expense | $10,244,000 | $10,599,000 | $10,654,000 | $10,524,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-11,911,000 | $-7,397,000 | $2,396,000 | $-36,342,000 |
| Net Interest Income | $37,550,000 | $41,919,000 | $51,843,000 | $42,949,000 |
| Interest Income | $85,451,000 | $79,105,000 | $62,413,000 | $56,053,000 |
| Normalized Income | $-11,911,000 | $-7,397,000 | $2,396,000 | $-20,018,470 |
| Net Income From Continuing And Discontinued Operation | $-11,911,000 | $-7,397,000 | $2,396,000 | $-36,342,000 |
| Net Income Common Stockholders | $-11,911,000 | $-7,397,000 | $2,396,000 | $-36,342,000 |
| Net Income | $-11,911,000 | $-7,397,000 | $2,396,000 | $-36,342,000 |
| Net Income Including Noncontrolling Interests | $-11,911,000 | $-7,397,000 | $2,396,000 | $-36,342,000 |
| Net Income Continuous Operations | $-11,911,000 | $-7,397,000 | $2,396,000 | $-36,342,000 |
| Pretax Income | $-11,911,000 | $-7,397,000 | $2,734,000 | $-26,724,000 |
| Special Income Charges | - | - | $0 | $-22,361,000 |
| Per Share | ||||
| Diluted EPS | $-0.55 | $-0.31 | $0.09 | $-2.99 |
| Basic EPS | $-0.55 | $-0.31 | $0.09 | $-2.99 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $-6,037,470 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Reconciled Depreciation | $3,126,000 | $2,870,000 | $2,662,000 | $2,347,000 |
| Diluted Average Shares | $21,477,429 | $23,925,724 | $26,270,864 | $12,171,050 |
| Basic Average Shares | $21,477,429 | $23,925,724 | $26,165,841 | $12,171,050 |
| Diluted NI Availto Com Stockholders | $-11,911,000 | $-7,397,000 | $2,396,000 | $-36,342,000 |
| Tax Provision | $0 | $0 | $338,000 | $9,618,000 |
| Gain On Sale Of Security | $0 | $20,000 | $14,000 | $-1,000 |
| Selling General And Administration | $30,580,000 | $29,592,000 | $30,689,000 | $28,639,000 |
| Insurance And Claims | $855,000 | $799,000 | $381,000 | $494,000 |
| Salaries And Wages | $29,433,000 | $28,439,000 | $29,247,000 | $25,755,000 |
| Occupancy And Equipment | $8,878,000 | $8,350,000 | $7,625,000 | $7,929,000 |
| Total Unusual Items | - | - | $0 | $-22,361,000 |
| Total Unusual Items Excluding Goodwill | - | - | $0 | $-22,361,000 |
| Other Special Charges | - | - | - | $20,206,000 |
| Impairment Of Capital Assets | - | - | - | $0 |
| Other Gand A | - | - | - | $6,933,000 |
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $332,198,000 | $355,640,000 | $393,718,000 | $429,471,000 |
| Total Assets | $2,060,683,000 | $2,044,963,000 | $2,043,338,000 | $1,914,211,000 |
| Receivables | $8,014,000 | $7,595,000 | $6,893,000 | $5,372,000 |
| Accounts Receivable | $8,014,000 | $7,595,000 | $6,893,000 | $5,372,000 |
| Cash And Cash Equivalents | $42,502,000 | $46,025,000 | $41,182,000 | $193,446,000 |
| Cash Cash Equivalents And Federal Funds Sold | $60,293,000 | $66,371,000 | $57,251,000 | $203,628,000 |
| Debt | ||||
| Net Debt | $296,998,000 | $351,475,000 | $269,318,000 | - |
| Total Debt | $364,668,000 | $424,277,000 | $337,824,000 | $212,196,000 |
| Long Term Debt And Capital Lease Obligation | $364,668,000 | $424,277,000 | $337,824,000 | $212,196,000 |
| Long Term Debt | $339,500,000 | $397,500,000 | $310,500,000 | $185,500,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $1,728,485,000 | $1,689,323,000 | $1,649,620,000 | $1,484,740,000 |
| Equity | ||||
| Common Stock Equity | $332,198,000 | $355,640,000 | $393,718,000 | $429,471,000 |
| Total Equity Gross Minority Interest | $332,198,000 | $355,640,000 | $393,718,000 | $429,471,000 |
| Stockholders Equity | $332,198,000 | $355,640,000 | $393,718,000 | $429,471,000 |
| Other Equity Interest | $-19,167,000 | $-20,080,000 | $-20,993,000 | $-21,905,000 |
| Gains Losses Not Affecting Retained Earnings | $-18,954,000 | $-22,880,000 | $-24,719,000 | $-372,000 |
| Other Equity Adjustments | $-18,954,000 | $-22,880,000 | $-24,719,000 | $-372,000 |
| Retained Earnings | $152,429,000 | $164,340,000 | $171,763,000 | $169,457,000 |
| Other | ||||
| Treasury Shares Number | $5,999,874 | $4,012,550 | $999,281 | - |
| Ordinary Shares Number | $22,522,626 | $24,509,950 | $27,523,219 | $26,331,972 |
| Share Issued | $28,522,500 | $28,522,500 | $28,522,500 | $26,331,972 |
| Tangible Book Value | $332,198,000 | $355,640,000 | $393,718,000 | $429,471,000 |
| Invested Capital | $671,698,000 | $753,140,000 | $704,218,000 | $614,971,000 |
| Capital Lease Obligations | $25,168,000 | $26,777,000 | $27,324,000 | $26,696,000 |
| Total Capitalization | $671,698,000 | $753,140,000 | $704,218,000 | $614,971,000 |
| Treasury Stock | $59,699,000 | $40,016,000 | $12,072,000 | $0 |
| Additional Paid In Capital | $277,304,000 | $273,991,000 | $279,454,000 | $282,006,000 |
| Capital Stock | $285,000 | $285,000 | $285,000 | $285,000 |
| Common Stock | $285,000 | $285,000 | $285,000 | $285,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Long Term Capital Lease Obligation | $25,168,000 | $26,777,000 | $27,324,000 | $26,696,000 |
| Investments And Advances | $330,104,000 | $317,020,000 | $347,953,000 | $348,173,000 |
| Held To Maturity Securities | $33,076,000 | $33,254,000 | $33,705,000 | $23,281,000 |
| Net PPE | $52,956,000 | $57,647,000 | $55,731,000 | $53,583,000 |
| Accumulated Depreciation | $-18,818,000 | $-15,848,000 | $-13,372,000 | $-11,367,000 |
| Gross PPE | $71,774,000 | $73,495,000 | $69,103,000 | $64,950,000 |
| Leases | $15,325,000 | $15,404,000 | $10,888,000 | $10,174,000 |
| Construction In Progress | $72,000 | $8,000 | $716,000 | $1,618,000 |
| Other Properties | $23,470,000 | $25,172,000 | $25,906,000 | $25,457,000 |
| Machinery Furniture Equipment | $11,251,000 | $11,304,000 | $10,080,000 | $9,325,000 |
| Buildings And Improvements | $18,598,000 | $18,549,000 | $18,455,000 | $14,583,000 |
| Land And Improvements | $3,058,000 | $3,058,000 | $3,058,000 | $3,793,000 |
| Other Short Term Investments | $297,028,000 | $283,766,000 | $314,248,000 | $324,892,000 |
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $4,923,000 | $-17,689,000 | $-2,585,000 | $-26,044,000 |
| Operating Activities | ||||
| Operating Cash Flow | $5,063,000 | $-12,118,000 | $2,779,000 | $-14,142,000 |
| Cash Flow From Continuing Operating Activities | $5,063,000 | $-12,118,000 | $2,779,000 | $-14,142,000 |
| Operating Gains Losses | $-33,000 | $-238,000 | $-14,000 | $1,000 |
| Investing Activities | ||||
| Capital Expenditure | $-140,000 | $-5,571,000 | $-5,364,000 | $-11,902,000 |
| Investing Cash Flow | $-30,006,000 | $10,301,000 | $-306,236,000 | $-105,334,000 |
| Cash Flow From Continuing Investing Activities | $-30,006,000 | $10,301,000 | $-306,236,000 | $-105,334,000 |
| Net Other Investing Changes | $3,389,000 | $-3,743,000 | $-5,730,000 | $13,330,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-19,423,000 | $-36,009,000 | $-15,349,000 | $0 |
| Financing Cash Flow | $21,420,000 | $6,660,000 | $151,193,000 | $-3,523,000 |
| Cash Flow From Continuing Financing Activities | $21,420,000 | $6,660,000 | $151,193,000 | $-3,523,000 |
| Net Other Financing Charges | $427,000 | $-373,000 | $-280,000 | $-1,259,000 |
| Net Common Stock Issuance | $-19,423,000 | $-36,009,000 | $-15,349,000 | $250,780,000 |
| Issuance Of Capital Stock | - | - | $0 | $250,780,000 |
| Common Stock Issuance | - | - | $0 | $250,780,000 |
| Other | ||||
| Repayment Of Debt | $-1,064,000,000 | $-2,205,000,000 | $-1,298,000,000 | $-727,500,000 |
| Issuance Of Debt | $1,006,000,000 | $2,292,000,000 | $1,423,000,000 | $583,600,000 |
| Interest Paid Supplemental Data | $48,042,000 | $36,314,000 | $10,714,000 | $12,836,000 |
| Income Tax Paid Supplemental Data | $136,000 | $96,000 | $190,000 | $150,000 |
| End Cash Position | $42,502,000 | $46,025,000 | $41,182,000 | $193,446,000 |
| Beginning Cash Position | $46,025,000 | $41,182,000 | $193,446,000 | $316,445,000 |
| Changes In Cash | $-3,523,000 | $4,843,000 | $-152,264,000 | $-122,999,000 |
| Common Stock Payments | $-19,423,000 | $-36,009,000 | $-15,349,000 | $0 |
| Net Issuance Payments Of Debt | $-58,000,000 | $87,000,000 | $125,000,000 | $-143,900,000 |
| Net Long Term Debt Issuance | $-58,000,000 | $87,000,000 | $125,000,000 | $-143,900,000 |
| Long Term Debt Payments | $-1,064,000,000 | $-2,205,000,000 | $-1,298,000,000 | $-727,500,000 |
| Long Term Debt Issuance | $1,006,000,000 | $2,292,000,000 | $1,423,000,000 | $583,600,000 |
| Net Investment Purchase And Sale | $-10,626,000 | $35,235,000 | $-38,255,000 | $-102,102,000 |
| Sale Of Investment | $78,632,000 | $50,759,000 | $52,534,000 | $86,218,000 |
| Purchase Of Investment | $-89,258,000 | $-15,524,000 | $-90,789,000 | $-188,320,000 |
| Net PPE Purchase And Sale | $-140,000 | $-5,533,000 | $-5,364,000 | $-11,902,000 |
| Sale Of PPE | $0 | $38,000 | $0 | - |
| Purchase Of PPE | $-140,000 | $-5,571,000 | $-5,364,000 | $-11,902,000 |
| Change In Working Capital | $10,704,000 | $-11,363,000 | $-3,490,000 | $11,596,000 |
| Change In Other Working Capital | $-485,000 | $-458,000 | $-490,000 | $-476,000 |
| Change In Other Current Liabilities | $-1,915,000 | $-5,527,000 | $-1,782,000 | $2,289,000 |
| Change In Other Current Assets | $13,523,000 | $-4,676,000 | $303,000 | $673,000 |
| Change In Receivables | $-419,000 | $-702,000 | $-1,521,000 | $377,000 |
| Other Non Cash Items | $-87,000 | $231,000 | - | $7,500,000 |
| Stock Based Compensation | $4,057,000 | $3,774,000 | $1,816,000 | $1,274,000 |
| Depreciation Amortization Depletion | $3,126,000 | $2,870,000 | $2,662,000 | $2,347,000 |
| Depreciation And Amortization | $3,126,000 | $2,870,000 | $2,662,000 | $2,347,000 |
| Depreciation | $3,126,000 | $2,870,000 | $2,662,000 | $2,347,000 |
| Gain Loss On Investment Securities | $0 | $-20,000 | $-14,000 | $1,000 |
| Gain Loss On Sale Of PPE | $3,000 | $13,000 | $0 | $79,000 |
| Net Income From Continuing Operations | $-11,911,000 | $-7,397,000 | $2,396,000 | $-36,342,000 |
| Asset Impairment Charge | - | - | - | $0 |
| Deferred Tax | - | - | - | $8,733,000 |
| Deferred Income Tax | - | - | - | $8,733,000 |