Post by MikeTesteron Jan 23, 2025 6:38pm
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Post# 36417970
The Steady Growth of BCB Bancorp (BCBP)
The Steady Growth of BCB Bancorp (BCBP)Solid regional bank play here. BCBP looking steady despite some margin compression. Total assets around $3.61B with a clean loan book at $3.09B. Net income for 2023 was $29.48M which isn't bad for a community bank. Q3 2024 numbers showing $6.67M net income and strong OCF at $42.18M.Digging the conservative approach with 9.84% Community Bank Leverage Ratio. Management seems focused on maintaining strong capital position while navigating tricky interest rate environment. Might be a good defensive play for portfolio, especially with their New Jersey/New York market concentration.BTW, shoutout to BeyondSPX for the high quality in-depth analysis - these guys cover just about every US stock out there, even microcaps, for free. Definitely worth checking out for research. https://beyondspx.com/article/the-steady-growth-of-bcb-bancorp-bcbp