BCB Bancorp Inc. (BCBP, Financial) recently saw a significant decline in its stock, dropping 5.28% to $12.55 per share. The trading volume stood at 10,433 shares, with a turnover rate of 0.06% and a price fluctuation of 4.98%.
According to the latest financial report, BCBP recorded a revenue of $51.75 million and a net profit of $6.67 million, translating to earnings per share of $0.36. The company's price-to-earnings ratio is 10.76. Among the four financial institutions rating the stock, 25% have issued a 'buy' recommendation, while 75% have rated it as 'hold'. None have advised selling.
Within the banking sector, which experienced an overall decline of 0.40%, BCBP peers like Home Bancorp and HDFC Bank showed significant gains. Meanwhile, other stocks in the sector like Atlantic Union Bankshares Corporation and Rocket Companies, Inc. exhibited high trading activity with turnover rates of 5.95%, 4.44%, and 1.81%, respectively.
BCB Bancorp Inc. acts as a bank holding company offering various loans, deposit products insured by the FDIC, and both retail and commercial banking services, including online banking, debit cards, and fraud detection.
