Blue Foundry Bancorp (BLFY)

• Market cap: $205M
• 1 day: -0.98%
• 5 days: -1.09%
• 1 month: -7.89%
• 3 months: -3.90%
• 6 months: -7.42%
• Year to date: -3.90%
• 1 year: -1.94%
• 5 years: -29.38%
• 10 years: -29.38%
• Sector: Financials
• Industry: Savings Institutions, Not Federally Chartered

About: Blue Foundry Bancorp is a full-service bank. Its business consists of originating one-to-four-family residential, multi-family, and non-residential real estate mortgages, home equity loans and lines of credit, and commercial and industrial loans. 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 wide variety of deposit products. The bank also invests in securities. Its revenues are derived from interest on loans and, to a lesser extent, interest on mortgage-backed and other investment securities. The company's sources of funds are deposits, principal, and interest payments on loans, securities, and borrowings from the Federal Home Loan Bank of New York.

Employees: 179

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

33,000% more call options, than puts

Call options by funds: $331K | Put options by funds: $1K

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

24% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 21

5% more funds holding

Funds holding: 76 [Q3] → 80 (+4) [Q4]

0.01% less ownership

Funds ownership: 51.27% [Q3] → 51.26% (-0.01%) [Q4]

6% less capital invested

Capital invested by funds: $122M [Q3] → $115M (-$6.98M) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $10 10% upside
• Avg. target: $10 10% upside
• High target: $10 10% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Keefe, Bruyette & Woods Christopher O'Connell 55% 1-year accuracy 12 / 22 met price target

10% upside $10

Market Perform Maintained

30 Jan 2025