BCB Bancorp: Over 5% Dividend Yield And Earnings Likely To Recover Soon
TBBKThe Bancorp(TBBK) Seeking Alpha·2024-08-04 14:53
EXTREME-PHOTOGRAPHER The earnings of BCB Bancorp, Inc. (NASDAQ:BCBP) will most probably start recovering soon because interest rate cuts will lift the net interest margin. Moreover, the loan portfolio’s downtrend will likely reverse soon, which will support the bottom line. Overall, I’m expecting the company to report earnings of $1.22 per share for 2024, down 28% year-over-year, and $1.68 per share for 2025, up 38% year-over-year. The December 2024 target price suggests a high upside from the current m ...