BCB Bancorp posts Q3 2026 net loss of $132.5M ($6.92/sh) on $115M credit provision; sells $204.3M of problem loans
BCB BANCORP INC
Net loss of $132.5M, or $6.92 per diluted share, vs net income of $3.8M ($0.22) in Q3 2025; provision for credit losses $115.0M vs $4.1M a year ago.
Sold $204.3M of problem loans ($179.7M commercial/multifamily, $14.6M C&I, $10.0M construction) with $42.3M charge-off; moved $100.9M more to held-for-sale, $44.2M charge-off.
$59.9M non-cash valuation allowance against deferred tax assets drove income tax provision of $23.5M; nine-month net loss $142.8M ($7.98/sh).
Capital: $98.0M gross equity raise ($91.4M net, ~$20M retained at holdco); leverage ratio 8.4% company / 9.0% bank; non-accrual loans fell to $22.4M (1.00%) from $61.2M.
C-suite reorg: COO Ryan Blake to Chief Banking Officer, Sandra Sievewright to Chief Administrative Officer, Eleni Willis named Chief Risk Officer, Karen Duran principal accounting officer.
On October 29, 2026, the Company announced that the Boards of Directors of the Company and BCB Community Bank (the “Bank”) approved a transition of Ryan Blake from the position of Chief Operating Officer of the Company and the Bank to the newly established position of Chief Banking Officer of the Bank.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.93
Ryan Blake changed role as Chief Banking Officer at BCB BANCORP INC.
Action
transitioned
Role
Chief Banking Officer
Exact text from the filing
On October 29, 2026, the Company announced that the Boards of Directors of the Company and BCB Community Bank (the “Bank”) approved a transition of Ryan Blake from the position of Chief Operating Officer of the Company and the Bank to the newly established position of Chief Banking Officer of the Bank.
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