Stock events for Blue Foundry Bancorp (BLFY)
Blue Foundry Bancorp's stock has declined by 4.90% in the last six months and 11.19% in the last year as of October 23, 2025. The company reported a net loss of $2.8 million in the first quarter of 2024, an improvement over the previous quarter. Second-quarter 2025 results were reported on July 30, 2025, with third-quarter results scheduled for release on October 29, 2025. The Sixth Stock Repurchase Program was adopted on June 23, 2025. In August 2025, Blue Foundry Bancorp received a Zacks Rank #2 (Buy) upgrade.
Demand Seasonality affecting Blue Foundry Bancorp’s stock price
Specific demand seasonality for Blue Foundry Bancorp's products is not detailed, but the banking industry generally experiences seasonal trends. Loan demand is typically low in January and February, increases in March, and peaks in August or September, decreasing towards December, primarily driven by interest rates. Demand for investment services tends to increase in December and early January due to portfolio rebalancing and tax planning. These general trends likely influence the demand for Blue Foundry Bancorp's products.
Overview of Blue Foundry Bancorp’s business
Blue Foundry Bancorp operates as the bank holding company for Blue Foundry Bank, offering banking products and services to individuals and businesses. It is in the Financial Services sector, specifically the Banks - Regional industry. Its products include deposit accounts and various loans, including real estate, construction, consumer, and commercial loans. The company, founded in 1939, is headquartered in Rutherford, New Jersey.
BLFY’s Geographic footprint
Blue Foundry Bancorp primarily serves northern New Jersey, with banking offices in Bergen, Morris, Essex, and Passaic Counties. The company operates over 20 full-service banking offices within New Jersey.
BLFY Corporate Image Assessment
Blue Foundry Bancorp has a news sentiment score of 0.91, indicating generally positive news coverage. No specific events significantly impacted the company's brand reputation in the past year beyond general company news and financial reporting.
Ownership
Blue Foundry Bancorp's stock is held by institutional (54.04%), insider (5.47%), and retail investors (40.49%). As of October 3, 2025, there were 202 institutional owners and shareholders. Major institutional owners include T. Rowe Price Investment Management, Inc., BlackRock, Inc., Driehaus Capital Management Llc, Vanguard Group Inc, Dimensional Fund Advisors Lp, Essex Financial Services, Inc., State Street Corp, Geode Capital Management LLC, and Mangrove Partners IM LLC. The largest individual shareholder is James D. Nesci, owning 213,296 shares, or 0.99% of the company.
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$8.24