Financial Snapshot

Revenue
$63.67M
TTM
Gross Margin
Net Earnings
-$12.16M
TTM
Current Assets
Current Liabilities
$25.87M
Q3 2024
Current Ratio
Total Assets
$2.055B
Q3 2024
Total Liabilities
$1.716B
Q3 2024
Book Value
$339.3M
Q3 2024
Cash
Q3 2024
P/E
-20.63
Nov 29, 2024 EST
Free Cash Flow
-$17.05M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019
Revenue $79.11M $62.41M $56.05M $61.63M
YoY Change 26.74% 11.35% -9.04%

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $79.11M $62.41M $56.05M $61.63M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

No data

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

No data

Operating Profits/Loss

No data

Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.900M $2.700M $2.300M $1.900M $1.920M
YoY Change 7.41% 17.39% 21.05% -1.04%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $37.19M $10.57M $13.10M $22.56M
YoY Change 251.81% -19.34% -41.91%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$7.397M $2.734M -$26.72M -$39.37M $7.320M
YoY Change -370.56% -110.23% -32.13% -637.84%
Income Tax $0.00 $338.0K $9.618M -$7.866M $1.840M
% Of Pretax Income 12.36% 25.14%
Net Earnings -$7.397M $2.396M -$36.34M -$31.51M $5.480M
YoY Change -408.72% -106.59% 15.35% -674.93%
Net Earnings / Revenue -9.35% 3.84% -64.84% -51.13%
Basic Earnings Per Share -$0.31 $0.09 -$2.99
Diluted Earnings Per Share -$0.31 $0.09 -$2.99 -$1.105M $192.1K

Assets & Liabilities

Cash & Short-Term Investments

No data

Cash & Equivalents

Cash To Operating Expenses Ratio

No data

Inventory

No data

Receivables

No data

Total Short-Term Assets

No data

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

No data

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

No data

Short-Term Debt

No data

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

No data

Short-Term Assets To Debt Ratio

No data

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $57.65M $55.73M $53.60M $44.40M $32.30M
YoY Change 3.44% 3.98% 20.72% 37.46%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $5.300M $0.00
YoY Change -100.0%
Total Long-Term Assets
YoY Change
Total Assets $2.045B $2.043B $1.914B $1.943B $1.854B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $26.78M $27.32M $26.70M $25.50M $0.00
YoY Change -2.0% 2.34% 4.71%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $26.78M $27.32M $26.70M $25.50M
YoY Change -2.0% 2.34% 4.71%
Long-Term Debt $8.929M $9.302M $9.600M $10.80M $12.20M
YoY Change -4.01% -3.1% -11.11% -11.48%
Other Long-Term Liabilities $11.21M $13.63M $15.90M $15.00M $12.40M
YoY Change -17.75% -14.26% 6.0% 20.97%
Total Long-Term Liabilities $20.14M $22.93M $25.50M $25.80M $24.60M
YoY Change -12.17% -10.06% -1.16% 4.88%
Total Liabilities $1.689B $1.650B $1.485B $1.737B $1.617B
YoY Change 2.41% 11.11% -14.52% 7.45%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 23.93M shares 26.17M shares 12.17M shares
Diluted Shares Outstanding 23.93M shares 26.27M shares 12.17M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $250.76 Million

About Blue Foundry Bancorp

Blue Foundry Bancorp operates as a bank holding company for Blue Foundry Bank, a savings bank that offers various banking products and services for individuals and businesses. The company is headquartered in Rutherford, New Jersey and currently employs 179 full-time employees. The company went IPO on 2021-07-16. The Bank is a chartered stock savings bank. The Bank's principal business consists of originating one-to-four family residential, multi-family, and non-residential real estate mortgages, home equity loans and lines of credit, construction, and commercial and industrial loans in its principal market and surrounding areas. In addition, it often lends outside of its branch network in more densely populated and metropolitan areas, adding diversification to its loan portfolio. The company attracts retail deposits from the general public in the areas surrounding its banking offices, through its borrowers, and through its online presence, offering a variety of deposit products. The company also invests in securities. Its primary sources of funds are deposits, principal and interest payments on loans, securities, and borrowings from the Federal Home Loan Bank of New York. The company operates over 20 full-service banking offices in New Jersey.

Industry: Savings Institutions, Not Federally Chartered Peers: Greystone Housing Impact Investors LP FEDERAL HOME LOAN MORTGAGE CORP HOME BANCORP, INC. Home Point Capital Inc. Provident Bancorp, Inc. /MD/ Rocket Companies, Inc. Sterling Bancorp, Inc. Waterstone Financial, Inc. Velocity Financial, Inc.