BCB Bancorp Q2 FY26 turns to net loss of $14.8 million; loss per share widens to $0.85

Reuters2026/08/03 11:05

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BCB Bancorp posted a Q2 2026 net loss of $14.8 million, swinging from net income of $4.9 million in Q1 2026.
Loss per diluted share was $0.85, turning from earnings per diluted share of $0.26 in the prior quarter.
Provision for credit losses jumped to $19 million from $2.8 million in Q1, while a $5.3 million non-cash goodwill impairment was recorded.
Net interest margin widened 8 basis points to 3.03%, while deposits edged down 1.4% to $2.64 billion at June 30.
Board moved to suspend common and preferred dividends, citing capital preservation while it reviews the loan portfolio with independent consultants.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BCB Bancorp Inc. published the original content used to generate this news brief on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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BCB Bancorp Q2 FY26 turns to net loss of $14.8 million; loss per share widens to $0.85

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