Risk factor
Significant default risk
Profitability factor
Very low or no dividends
About
Blue Foundry Bancorp operates as a bank holding company for Blue Foundry Bank, a savings bank that offers various banking products and services for individuals and businesses. The company offers deposits; and loans, such as one-to-four family residential property, home equity, commercial real estate, multi-family, construction, commercial and industrial, and other consumer loans, as well as home equity lines of credit. As of December 31, 2021, it operated 17 full-service branch offices located in northern New Jersey. The company was formerly known as Boiling Springs Bancorp and changed its name to Blue Foundry Bancorp in July 2019. Blue Foundry Bancorp was founded in 1939 and is based in Rutherford, New Jersey.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Editor's note: P/CR is Price to Core Revenue (CR), similar to P/
Target Price
The average target price of BLFY is 10.0 and suggests 21% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to dec
Buy
Sell