---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-102897"
form_type: "8-K"
ticker: "BCBP"
cik: "0001228454"
company_name: "BCB BANCORP INC"
filed_at: "2024-04-19T23:59:59+00:00"
generated_at: "2026-06-03T15:16:42.171276+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BCB Bancorp Q1 net income $5.9M ($0.32 EPS); non-accrual loans surge to $22.2M

## Summary
- Net income of $5.9M ($0.32 diluted EPS) vs $6.1M ($0.35) prior Q and $8.1M ($0.46) a year ago.
- Net interest margin fell to 2.50% from 3.15% a year ago; cost of funds rose 130 bps to 3.54%.
- Non-accrual loans jumped to $22.2M (0.68% of loans) from $5.1M (0.16%) in Q1 2023.
- Provision for credit losses $2.1M, up from $622K a year ago; net charge-offs $1.1M vs net recoveries.
- Declared $0.16 quarterly dividend, unchanged, payable May 17, 2024 to holders of record May 3.

## SEC filing metadata
- accession: 0001193125-24-102897
- form_type: 8-K
- ticker: BCBP
- cik: 0001228454
- company_name: BCB BANCORP INC
- filed_at: 2024-04-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1228454/000119312524102897/0001193125-24-102897-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1228454/000119312524102897/d758242d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-102897
- JSON: https://secwatch.observer/filing/0001193125-24-102897.json
- Plain text: https://secwatch.observer/filing/0001193125-24-102897.txt

## Key facts
- Earnings Releases
  BCB BANCORP INC reported the quarter ended March 31, 2024 results: net income $5.9 million, EPS $0.32.
  - Period: the quarter ended March 31, 2024
  - Net income: $5.9 million
  - EPS: $0.32
  - Result: reported results
  source text: BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today reported net income of $5.9 million for the first quarter of 2024, compared to $6.1 million in the fourth quarter of 2023, and $8.1 million for the first quarter of 2023. Earnings per diluted share for the first quarter of 2024 were $0.32, compared to $0.35 in the preceding quarter and $0.46 in the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1228454/000119312524102897/0001193125-24-102897-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.