secwatch.observer — SEC 8-K summary
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Issuer:     BCB BANCORP INC (BCBP)
CIK:        0001228454
Form:       8-K
Filed at:   2026-10-29T11:49:41+00:00
Accession:  0001193125-26-437028
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

BCB Bancorp posts Q3 2026 net loss of $132.5M ($6.92/sh) on $115M credit provision; sells $204.3M of problem loans
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1228454/000119312526437028/0001193125-26-437028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1228454/000119312526437028/d180307d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-437028

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