Company Blue Foundry Bancorp

BLFY

US09549B1044

Banks

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Ratings for Blue Foundry Bancorp

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Banks

Market Closed - Nasdaq Other stock markets 21:00:00 14/06/2024 BST			5-day change	1st Jan Change
8.71 ^USD	-2.57%		-3.11%	-9.93%

04-25	Keefe, Bruyette & Woods Adjusts Price Target on Blue Foundry to $8 From $9, Maintains Market Perform Rating	MT
04-24	Transcript : Blue Foundry Bancorp, Q1 2024 Earnings Call, Apr 24, 2024

Blue Foundry Bancorp is a holding company for Blue Foundry Bank (the Bank). The Bank is a chartered stock savings bank. The Bank's principal business consists of originating one-to-four family residential, multi-family, and non-residential real estate mortgages, home equity loans and lines of credit, construction, and commercial and industrial loans in its principal market and surrounding areas. In addition, it often lends outside of its branch network in more densely populated and metropolitan areas, adding diversification to its loan portfolio. It attracts retail deposits from the general public in the areas surrounding its banking offices, through its borrowers, and through its online presence, offering a variety of deposit products. It also invests in securities. Its primary sources of funds are deposits, principal and interest payments on loans, securities, and borrowings from the Federal Home Loan Bank of New York. It operates over 20 full-service banking offices in New Jersey.

Number of employees: 179

USD in Million	2022	Weight	2023	Weight	Delta
Banking and Related Activities 100.0 %	55	100.0 %	44	100.0 %	-19.78%

USD in Million	2022	Weight	2023	Weight	Delta
United States 100.0 %	55	100.0 %	44	100.0 %	-19.78%

Managers	Title	Age	Since
James Nesci CEO	Chief Executive Officer	51	31/12/18
Kelly Pecoraro DFI	Director of Finance/CFO	55	08/05/22
Alex Malkiman CTO	Chief Tech/Sci/R&D Officer	49	28/02/22
Elyse Beidner IRC	Investor Relations Contact	70	31/12/03
Acela Roselle HRO	Human Resources Officer	63	31/12/98
Thomas Packwood AUD	Comptroller/Controller/Auditor	58	31/12/10
Robert Rowe PRN	Corporate Officer/Principal	62	31/10/22
Jason Goldberg PRN	Corporate Officer/Principal	49	31/08/21

Members of the board	Title	Age	Since
James Nesci CEO	Chief Executive Officer	51	31/12/18
Elizabeth Jobes BRD	Director/Board Member	57	04/01/23
Kenneth Grimbilas CHM	Chairman	70	31/12/10
J. Christopher Ely BRD	Director/Board Member	67	31/12/04
Robert T. Goldstein BRD	Director/Board Member	61	31/12/14
Patrick H. Kinzler BRD	Director/Board Member	65	31/12/11
Mirella Lang BRD	Director/Board Member	45	31/12/19
Jonathan M. Shaw BRD	Director/Board Member	58	31/12/09

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	28,272,595	20,465,530 ( 72.39 %)	4,563,612 ( 16.14 %)	72.39 %

Name	Equities	%	Valuation
T. Rowe Price Investment Management, Inc. 11.54 %	2,737,045	11.54 %	25 M $
Blue Foundry Bank Employee Stock Ownership Plan Trust 9.617 %	2,280,102	9.617 %	21 M $
Driehaus Capital Management LLC 7.245 %	1,717,776	7.245 %	16 M $
BlackRock Advisors LLC 6.820 %	1,616,858	6.820 %	15 M $
Vanguard Fiduciary Trust Co. 5.656 %	1,340,909	5.656 %	12 M $
Dimensional Fund Advisors LP 3.353 %	794,950	3.353 %	7 M $
Essex Financial Services, Inc. 2.592 %	614,593	2.592 %	6 M $
STATE STREET CORPORATION 2.033 %	482,021	2.033 %	4 M $
Geode Capital Management LLC 1.977 %	468,789	1.977 %	4 M $
Brandywine Global Investment Management LLC 0.9489 %	224,975	0.9489 %	2 M $

Blue Foundry Bancorp

19 Park Avenue

07070, Rutherford

+201-939-5000

http://bluefoundrybank.com

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

8.71 USD

Average target price

9 USD

Spread / Average Target

+3.33%

Consensus

Estimates Revisions

Company calendar

Financials

Banking & Investment Services

Banking Services

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BLUE FOUNDRY BANCORP	-9.93%	189M
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