Blue Foundry Bancorp is a financial institution that primarily focuses on providing a range of banking services to individuals, families, and businesses in its community
The company emphasizes a technology-driven approach to banking, offering modern solutions such as online and mobile banking platforms, while also maintaining a commitment to personalized customer service. Blue Foundry Bancorp seeks to support local economic growth by offering competitive loan products, including mortgages and business loans, as well as various deposit accounts to cater to the needs of its diverse clientele. With a mission to empower customers through innovative financial solutions, the company plays a vital role in fostering economic development within its regional markets.
Companies Reporting Before The Bell • Freeport-McMoRan (NYSE:FCX) is estimated to report quarterly earnings at $0.22 per share on revenue of $5.86 billion.
RUTHERFORD, N.J., April 24, 2023 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY), the holding company for Blue Foundry Bank, announced that it has adopted a program to repurchase up to 1,335,126 shares of its common stock, which is approximately 5% of its outstanding common stock commencing upon the completion of the Company’s existing stock repurchase program. This is the Company’s second stock repurchase program since completing its mutual-to-stock conversion and related stock offering in July 2021.
Blue Foundry Bancorp (Nasdaq: BLFY) (the “Company”), announced today that Kelly Pecoraro will be joining Blue Foundry Bancorp on May 9, 2022. Subsequently, Ms. Pecoraro is expected to be appointed as the Company’s Executive Vice President and Chief Financial Officer on May 18, 2022 at the May meeting of the Company’s Board of Directors.
Companies Reporting Before The Bell • ASML Holding (NASDAQ:ASML) is expected to report quarterly earnings at $4.45 per share on revenue of $6.50 billion.
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Companies Reporting Before The Bell
• Simply Good Foods (NASDAQ:SMPL) is likely to report quarterly earnings at $0.25 per share on revenue of $255.42 million.
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Before 10 a.m. ET on Thursday, 18 companies set new 52-week highs.
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Companies Reporting Before The Bell
• Blue Foundry (NASDAQ:BLFY) is projected to report earnings for its fourth quarter.
• First BanCorp (NYSE:FBP) is likely to...
Blue Foundry Bancorp (NASDAQ:BLFY) (the “Company”), the holding company for Blue Foundry Bank (the “Bank”), today reported a net loss of $1.0 million for the three months ended June 30, 2021 compared to a net loss of $16.7 million for the three months ended June 30, 2020, and a net loss of $1.7 million for the six months ended June 30, 2021 compared to a net loss of $28.1 million for the six months ended June 30, 2020. The improvement in net loss for those comparative periods was largely driven by a decrease in non-interest expenses, in particular the reclassification of certain properties into held-for-sale in the first quarter of 2020 and goodwill impairment recorded in the second quarter of 2020.
Gainers
Red Cat Holdings, Inc. (NASDAQ: RCAT) shares jumped 41.2% to settle at $7.10 on Friday.
Blue Foundry Bancorp (NASDAQ: BLFY) gained 29% to close at $12.90 after the...
Blue Foundry Bancorp (the “Company”), the holding company for Blue Foundry Bank, announced today that it had closed its stock offering in connection with the completion of the conversion of Blue Foundry, MHC into the stock holding company form of organization.
