NasdaqGM:BCBP

Stock Analysis Report

Executive Summary

BCB Bancorp, Inc. operates as a bank holding company for BCB Community Bank, a state-chartered commercial bank that provides banking products and services to businesses and individuals in the United States.

Rewards

PE ratio (10.8x) is below the US market (18.4x)

Earnings are forecast to grow 4.68% per year

Earnings grew by 24.5% over the past year

Pays a high and reliable dividend of 4.29%

Risk Analysis

Shareholders have been diluted in the past year



Snowflake Analysis

Flawless balance sheet 6 star dividend payer.


Similar Companies

Lakeland Bancorp

NasdaqGS:LBAI

Share Price & News

How has BCB Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BCBP has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.3%

BCBP

0.5%

US Banks

1.5%

US Market


1 Year Return

7.4%

BCBP

12.1%

US Banks

20.1%

US Market

Return vs Industry: BCBP underperformed the US Banks industry which returned 12.1% over the past year.

Return vs Market: BCBP underperformed the US Market which returned 20.1% over the past year.


Shareholder returns

BCBPIndustryMarket
7 Day0.3%0.5%1.5%
30 Day-5.8%-1.3%1.4%
90 Day0%1.2%8.7%
1 Year12.2%7.4%15.4%12.1%22.7%20.1%
3 Year1.0%-10.7%25.2%16.2%50.1%40.5%
5 Year38.9%11.2%75.9%55.9%73.1%54.1%

Price Volatility Vs. Market

How volatile is BCB Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BCB Bancorp undervalued compared to its fair value and its price relative to the market?

10.84x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BCBP ($13.04) is trading above our estimate of fair value ($8.7)

Significantly Below Fair Value: BCBP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BCBP is good value based on its PE Ratio (10.8x) compared to the Banks industry average (12.6x).

PE vs Market: BCBP is good value based on its PE Ratio (10.8x) compared to the US market (18.4x).


Price to Earnings Growth Ratio

PEG Ratio: BCBP is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: BCBP is good value based on its PB Ratio (1.1x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is BCB Bancorp forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

4.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BCBP's forecast earnings growth (4.7% per year) is above the savings rate (1.7%).

Earnings vs Market: BCBP's earnings (4.7% per year) are forecast to grow slower than the US market (14.5% per year).

High Growth Earnings: BCBP's earnings are forecast to grow, but not significantly.

Revenue vs Market: BCBP's revenue (5.3% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: BCBP's revenue (5.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BCBP's Return on Equity is forecast to be low in 3 years time (8.8%).


Next Steps

Past Performance

How has BCB Bancorp performed over the past 5 years?

27.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BCBP has high quality earnings.

Growing Profit Margin: BCBP's current net profit margins (22.9%) are higher than last year (20.1%).


Past Earnings Growth Analysis

Earnings Trend: BCBP's earnings have grown significantly by 27.8% per year over the past 5 years.

Accelerating Growth: BCBP's earnings growth over the past year (24.5%) is below its 5-year average (27.8% per year).

Earnings vs Industry: BCBP earnings growth over the past year (24.5%) exceeded the Banks industry 12.1%.


Return on Equity

High ROE: BCBP's Return on Equity (8.8%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is BCB Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: BCBP has a low level of unsold assets or inventory.

Debt Coverage by Assets: BCBP's debt is covered by short term assets (assets are 2x debt).


Financial Institutions Analysis

Asset Level: BCBP's level of assets compared to its equity is moderate.

Allowance for Bad Loans: BCBP has a sufficient allowance for bad loans.

Low Risk Liabilities: BCBP's liabilities are made up of primarily low risk sources of funding.

Loan Level: BCBP has an acceptable proportion of non-loan assets held.

Low Risk Deposits: BCBP's loans are broadly funded by customer deposits.

Level of Bad Loans: BCBP has an appropriate level of bad loans (0.19%)


Next Steps

Dividend

What is BCB Bancorp's current dividend yield, its reliability and sustainability?

4.29%

Current Dividend Yield


Dividend Yield vs Market

company4.3%marketbottom25%1.4%markettop25%3.7%industryaverage2.8%forecastin3Years4.3%

Current dividend yield vs market & industry

Notable Dividend: BCBP's dividend (4.29%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: BCBP's dividend (4.29%) is in the top 25% of dividend payers in the US market (3.69%)


Stability and Growth of Payments

Stable Dividend: BCBP's dividends per share have been stable in the past 10 years.

Growing Dividend: BCBP's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (46.5%), BCBP's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BCBP's dividends in 3 years are forecast to be well covered by earnings (46.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.7yrs

Average management tenure


CEO

Tom Coughlin (59yo)

5.5yrs

Tenure

US$567,619

Compensation

Mr. Thomas M. Coughlin, also known as Tom, is the Chief Executive Officer and President of BCB Community Bank and Corporate Secretary of BCB Bancorp, Inc. Mr. Coughlin has been in the banking industry for  ...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD567.62K) is below average for companies of similar size in the US market ($USD1.11M).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Thomas Coughlin
President5.5yrsUS$567.62k1.46% $3.3m
Thomas Keating
Senior VP & CFO5.9yrsUS$338.64k0.083% $189.1k
Michael Lesler
Executive VP & COO1.8yrsUS$405.35k0.086% $196.3k
John Brogan
VP, General Counsel & Chief Legal Officer9.6yrsUS$247.89k0.51% $1.2m
Sandra Sievewright
Chief Compliance Officer & Chief Risk Officer of BCB Community Bank0yrsUS$209.67k0.0079% $18.0k

5.7yrs

Average Tenure

58yo

Average Age

Experienced Management: BCBP's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas Coughlin
President5.5yrsUS$567.62k1.46% $3.3m
Robert Ballance
Independent Director17.1yrsUS$145.17k0.68% $1.6m
Judith Bielan
Independent Director17.1yrsUS$137.57k0.55% $1.3m
Joseph Brogan
Vice Chairman of the Board10.1yrsUS$138.87k2.55% $5.8m
James Collins
Independent Director17.1yrsUS$143.07k0.99% $2.3m
Mark Hogan
Chairman of the Board16.1yrsUS$155.48k3.18% $7.3m
August Pellegrini
Independent Director7.1yrsUS$137.87k0.78% $1.8m
Joseph Lyga
Independent Director17.1yrsUS$142.17k0.79% $1.8m
Vincent DiDomenico
Director1.8yrsUS$140.37k0.93% $2.1m
John Pulomena
Director0yrsUS$113.57k0.046% $104.5k

17.1yrs

Average Tenure

59yo

Average Age

Experienced Board: BCBP's board of directors are seasoned and experienced ( 17.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BCBP insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.1%.


Top Shareholders

Company Information

BCB Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BCB Bancorp, Inc.
  • Ticker: BCBP
  • Exchange: NasdaqGM
  • Founded: 2000
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$228.419m
  • Shares outstanding: 17.52m
  • Website: https://www.bcb.bank

Number of Employees


Location

  • BCB Bancorp, Inc.
  • 104-110 Avenue C
  • Bayonne
  • New Jersey
  • 7002
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCBPNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDMar 2002
41YDB (Deutsche Boerse AG)YesCommon StockDEEURMar 2002

Biography

BCB Bancorp, Inc. operates as a bank holding company for BCB Community Bank, a state-chartered commercial bank that provides banking products and services to businesses and individuals in the United States. The company offers deposit products, including interest and non-interest bearing demand, NOW, savings and club, money market, term certificate, interest bearing checking, and individual retirement accounts. It also provides loans, such as commercial and multi-family real estate loans, commercial and residential property construction loans, commercial business loans, small business administration loans, home equity loans and home equity lines of credit, and consumer loans; and residential loans secured by one-to-four family dwellings, condominiums, and cooperative units. In addition, the company offers retail and commercial banking services comprising wire transfers, money orders, safe deposit boxes, night depository services, debit cards, online and mobile banking services, gift cards, fraud detection services, and automated teller services. As of January 31, 2019, it operated 28 branch offices in Bayonne, Carteret, Colonia, Edison, Hoboken, Fairfield, Holmdel, Jersey City, Lodi, Lyndhurst, Maplewood, Monroe Township, Parsippany, Plainsboro, Rutherford, South Orange, Union, and Woodbridge, New Jersey; and 3 branches in Hicksville and Staten Island, New York. The company was founded in 2000 and is headquartered in Bayonne, New Jersey. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/16 23:33
End of Day Share Price2020/02/14 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.