Blue Foundry Bancorp

Company Profile

Blue Foundry Bancorp had its IPO on 2021-07-16 under the ticker symbol BLFY.

The company operates in the Financial Services sector and Banks-Regional industry. Blue Foundry Bancorp has a staff strength of 198 employees.

Stock update

Shares of Blue Foundry Bancorp opened at $9.1 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $8.89 - $9.1, and closed at $8.91.

This is a -1.66% slip from the previous day's closing price.

A total volume of 58,573 shares were traded at the close of the day’s session.

In the last one week, shares of Blue Foundry Bancorp have slipped by -5.91%.

Blue Foundry Bancorp's Key Ratios

Blue Foundry Bancorp has a market cap of $255.43 million, indicating a price to book ratio of 0.887 and a price to sales ratio of 6.2958.

In the last 12-months Blue Foundry Bancorp’s revenue was $54.14 million with a gross profit of $55.51 million and an EBITDA of $0. The EBITDA ratio measures Blue Foundry Bancorp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Blue Foundry Bancorp’s operating margin was 2.46% while its return on assets stood at 0.03% with a return of equity of 0.16%.

In Q1, Blue Foundry Bancorp’s quarterly earnings growth was a positive 0% while revenue growth was a negative 9.9%.

Blue Foundry Bancorp’s PE and PEG Ratio

Forward PE

625

Trailing PE

483

PEG

Its diluted EPS in the last 12-months stands at $0.02 per share while it has a forward price to earnings multiple of 625 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Blue Foundry Bancorp’s profitability.

Blue Foundry Bancorp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 6.2958.

Blue Foundry Bancorp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.10 billion

Total Liabilities

$27.80 million

Operating Cash Flow

$-37929000.00

Capital Expenditure

$1.68 million

Dividend Payout Ratio

0%

Blue Foundry Bancorp ended 2024 with $2.10 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.10 billion while shareholder equity stood at $385.69 million.

Blue Foundry Bancorp ended 2024 with $0 in deferred long-term liabilities, $27.80 million in other current liabilities, -20479000.00 in common stock, $170.53 million in retained earnings and $0 in goodwill. Its cash balance stood at $57.62 million and cash and short-term investments were $366.70 million. The company’s total short-term debt was $27,799,000 while long-term debt stood at $422.50 million.

Blue Foundry Bancorp’s total current assets stands at $374.08 million while long-term investments were $363.63 million and short-term investments were $309.08 million. Its net receivables were $7.38 million compared to accounts payable of $0 and inventory worth $0.

In 2024, Blue Foundry Bancorp's operating cash flow was $-37929000.00 while its capital expenditure stood at $1.68 million.

Comparatively, Blue Foundry Bancorp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$8.91

52-Week High

$13.17

52-Week Low

$8.14

Analyst Target Price

$9.32

Blue Foundry Bancorp stock is currently trading at $8.91 per share. It touched a 52-week high of $13.17 and a 52-week low of $13.17. Analysts tracking the stock have a 12-month average target price of $9.32.

Its 50-day moving average was $9.75 and 200-day moving average was $10.64 The short ratio stood at 4.78 indicating a short percent outstanding of 0%.

Around 1200.6% of the company’s stock are held by insiders while 4824.4% are held by institutions.