earnings
confidence high
sentiment negative
materiality 0.65
Blue Foundry Bancorp Q2 net loss $2.0M, EPS -$0.10; net interest margin up 12 bps
Blue Foundry Bancorp
2025-Q2 EPS reported
-$0.23
- Net loss of $2.0M ($0.10 diluted EPS) vs net loss of $2.7M ($0.13) prior quarter and $2.3M ($0.11) year ago.
- Net interest margin expanded 12 bps to 2.28% on higher asset yields and lower liability costs.
- Loans increased $47.4M to $1.67B; deposits rose $29.1M to $1.42B, core deposits up $25.2M linked quarter.
- Interest income $23.4M (+3.2% linked qtr); interest expense $11.8M (-1.4% linked qtr).
- Provision for credit losses $463K mainly for off-balance-sheet commitments; book value per share $14.88.
item 2.02item 9.01