Frank Giancola
Mr. Giancola will become Executive Vice President and Chief Operating Officer of the Bank.
Highest-materiality recent filing
Bogota Financial Q2 net income $748K ($0.06 EPS) vs $224K YoY; agrees to acquire GSL Bank
Q2 2026 net income $748K ($0.06 per share) vs $224K ($0.02) in Q2 2025; H1 net income $1.5M ($0.12) vs $955K ($0.08).
Bogota Financial Corp. to merge with GSL Savings Bank; assets expected to exceed $1B
Merger agreement signed; GSL Savings Bank to merge into Bogota Savings Bank; closing expected H2 2026.
Bogota Financial Q1 net income $706k ($0.06/sh); net interest margin expands to 2.20%
Net income $706k vs $731k YoY; EPS flat at $0.06.
Bogota Financial reports FY2025 net income $2.1M vs prior year loss $2.2M
Q4 2025 net income $680K ($0.05 EPS) vs net loss $930K ($0.07 EPS) in Q4 2024.
Bogota Financial Q3 net income $455K vs year-ago loss; nine-month net income $1.4M
Q3 2025 net income $455K ($0.04/sh) vs net loss $367K ($0.03/sh) in Q3 2024.
Bogota Financial reports Q2 net income $224k vs year-ago loss; NIM expands 53 bps
Net income of $224k ($0.02 per share) for Q2 2025 vs net loss of $432k ($0.03) in Q2 2024; net interest margin rose 53 bps to 1.74%.
Bogota Financial posts Q1 net income of $731K vs year-ago loss; one-time death benefit helps
Net income of $731K ($0.06/share) vs net loss of $441K ($0.03/share) in prior year period.
Bogota Financial posts Q4 net loss $0.07/sh, FY net loss $0.17/sh; balance sheet restructured
Net loss of $930k ($0.07/sh) in Q4 2024 vs net loss of $1.2M ($0.09/sh) in Q4 2023.
Sold three branch offices for $12.5M cash, resulting in $9.0M pre-tax gain; entered 15-year leaseback.
Interest expense on deposits understated by $300,000 due to misstatement of CD rates; corrected results filed Nov 1, 2024.
Bogota Financial Corp. posts Q2 net loss of $432K vs profit of $857K year ago
Net loss of $432,000 ($0.03 per share) for Q2 2024, vs net income of $857,000 ($0.07 per share) in Q2 2023.
Bogota Financial Q1 net loss of $441K vs $993K income; NIM compresses to 1.18%
Net loss of $441K ($0.03/share) vs net income of $993K ($0.08/share) in Q1 2023.
Bogota Financial Q4 net loss $1.2M; full-year EPS $0.05 vs $0.51 prior year
Net loss of $1.2M ($0.09/sh) for Q4 2023 vs net income of $1.9M ($0.14/sh) in Q4 2022.
Joseph Coccaro, 66, retires as Director, President & CEO of MHC, Company, and Bank effective Nov 30, 2023.
Bogota Financial Q3 net loss of $29K; net interest margin shrinks to 1.47% from 2.85% YoY
Net loss of $29K ($0.00 EPS) in Q3 2023 vs net income of $1.9M ($0.14 EPS) in Q3 2022.
Bogota Financial Q2 net income falls 48% to $0.07 EPS; NIM compresses to 1.96%
Net income $857k ($0.07 EPS) vs $1.6M ($0.12 EPS) in Q2 2022, down 47.8%.
Bogota Financial Q1 net income $993K, down 29% YoY; NIM falls 59 bp to 2.05%
Net income $993K ($0.08/sh) vs $1.4M ($0.10/sh) YoY, down 29.1%.
Bogota Financial Q4 net income $1.9M ($0.14 EPS); FY net income $6.9M ($0.51 EPS)
Q4 net income $1.9M vs $2.0M prior year; basic EPS $0.14 vs $0.15.
Bogota Financial Q3 net income $1.9M, +85% YoY; approves new 10% share buyback
Q3 net income rose to $1.9M from $1.0M a year ago, driven by higher net interest income and lower expenses.
Bogota Financial Q2 net income rises 14% to $1.6M; net interest margin improves to 2.85%
Q2 net income $1.6M vs $1.4M YoY (+14.1%); H1 net income $3.0M vs $4.4M (down 31.5% due to $1.9M bargain purchase gain in 2021).
Bogota Financial Corp. announces second stock repurchase program for up to 292,568 shares
Regulatory approval received for repurchase of up to 292,568 shares, ~5% of outstanding common stock (excluding MHC shares).
Bogota Financial Q1 net income $1.4M, flat vs adjusted prior year; assets rise to $850.7M
Net income $1.4M for Q1 2022; adjusted net income also $1.4M after excluding 2021 bargain purchase gain and merger costs.
Bogota Financial Q4 net income doubles to $2.0M; FY21 net income $7.5M vs $2.1M
Q4 2021 net income $2.0M, up 94% YoY from $1.0M; FY21 net income $7.5M vs $2.1M.
Bogota Financial Q3 net income rises 9% to $1.0M; Gibraltar integration complete
Q3 2021 net income $1.0M, up 9% from $956K YoY; nine-month net income $5.5M vs $1.0M (incl. $1.9M bargain purchase gain).
Net income for six months ended June 30, 2021 was $4.4M vs $65K; Q2 net income flat at $1.4M.
Mr. Giancola will become Executive Vice President and Chief Operating Officer of the Bank.
On January 29, 2025, Bogota Financial Corp. (the “Company”) appointed Peter T. Donnelly to the board of directors of the Company, effective March 26, 2025.
On January 29, 2025, Bogota Financial Corp. (the “Company”) appointed Peter T. Donnelly to the board of directors of the Company, effective March 26, 2025.
The MHC, the Company and the Bank have appointed Kevin Pace, who currently serves as Executive Vice President and Chief Risk Officer of the MHC, the Company and the Bank and a member of the Board of Directors of the Bank, as President and Chief Executive Officer of the MHC, the Company and the Bank, effective November 30, 2023 and a member of the Boards of Directors of the MHC and the Company.
Joseph Coccaro retired as Director and President and Chief Executive Officer of the MHC, the Company and the Bank and as Secretary of the Bank, effective November 30, 2023.
Pursuant to the Agreement, upon the effective date of Mr. Coccaro’s resignation, Mr. Coccaro will be appointed as an advisory director to the Bank.
On July 26, 2023, the Company announced that Kevin Pace had been appointed to the board of directors of the Bank, effective immediately.
On July 26, 2023, Bogota Financial Corp. (the “Company”) appointed Kevin Pace to the board of directors of the Company effective immediately.
Max materiality 0.85 · Median 0.60 · Most common event earnings