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Blue Foundry Bancorp - Common Stock (BLFY)

9.2400
0.00 (0.00%)

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.

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Blue Foundry Bancorp Announces Adoption of Second Stock Repurchase Program
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.
By Blue Foundry Bancorp · Via GlobeNewswire · April 24, 2023
Blue Foundry Bancorp Announces Kelly Pecoraro Will Join the Company
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.
By Blue Foundry Bancorp · Via Business Wire · April 25, 2022
Blue Foundry Bancorp Reports Second Quarter 2021 Results
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.
By Blue Foundry Bancorp · Via Business Wire · July 23, 2021
Blue Foundry Bancorp Announces Closing of Conversion and Stock Offering
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.
By Blue Foundry Bancorp · Via Business Wire · July 15, 2021