Reported Earnings • May 07
First quarter 2026 earnings released: EPS: US$0.056 (vs US$0.058 in 1Q 2025) First quarter 2026 results: EPS: US$0.056 (down from US$0.058 in 1Q 2025). Revenue: US$4.70m (up 3.0% from 1Q 2025). Net income: US$705.9k (down 3.4% from 1Q 2025). Profit margin: 15% (down from 16% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Apr 11
Bogota Financial Corp., Annual General Meeting, May 14, 2026 Bogota Financial Corp., Annual General Meeting, May 14, 2026. Location: teaneck marriott at glenpointe, 100 frank w. burr boulevard, teaneck, new jersey, United States Reported Earnings • Feb 16
Full year 2025 earnings released: EPS: US$0.17 (vs US$0.17 loss in FY 2024) Full year 2025 results: EPS: US$0.17 (up from US$0.17 loss in FY 2024). Revenue: US$17.4m (up 44% from FY 2024). Net income: US$2.09m (up US$4.26m from FY 2024). Profit margin: 12% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Net interest margin (NIM): 1.80% (up from 1.16% in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. New Risk • Nov 11
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 143% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 41% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Nov 04
Third quarter 2025 earnings released: EPS: US$0.036 (vs US$0.029 loss in 3Q 2024) Third quarter 2025 results: EPS: US$0.036 (up from US$0.029 loss in 3Q 2024). Revenue: US$4.27m (up 43% from 3Q 2024). Net income: US$454.6k (up US$821.6k from 3Q 2024). Profit margin: 11% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 04
Second quarter 2025 earnings released: EPS: US$0.018 (vs US$0.034 loss in 2Q 2024) Second quarter 2025 results: EPS: US$0.018 (up from US$0.034 loss in 2Q 2024). Revenue: US$4.03m (up 34% from 2Q 2024). Net income: US$224.4k (up US$656.9k from 2Q 2024). Profit margin: 5.6% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. New Risk • Jun 03
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 96% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (96% increase in shares outstanding). Reported Earnings • May 04
First quarter 2025 earnings released: EPS: US$0.058 (vs US$0.034 loss in 1Q 2024) First quarter 2025 results: EPS: US$0.058 (up from US$0.034 loss in 1Q 2024). Revenue: US$4.56m (up 56% from 1Q 2024). Net income: US$730.9k (up US$1.17m from 1Q 2024). Profit margin: 16% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Announcement • Apr 17
Bogota Financial Corp., Annual General Meeting, May 20, 2025 Bogota Financial Corp., Annual General Meeting, May 20, 2025. Location: teaneck marriott at glenpointe, 100 frank w. burr boulevard, teaneck, new jersey, United States Reported Earnings • Feb 17
Full year 2024 earnings released: US$0.17 loss per share (vs US$0.05 profit in FY 2023) Full year 2024 results: US$0.17 loss per share (down from US$0.05 profit in FY 2023). Revenue: US$12.0m (down 26% from FY 2023). Net loss: US$2.17m (down 438% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. New Risk • Dec 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$98.9m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.9% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$98.9m market cap). Reported Earnings • Nov 03
Third quarter 2024 earnings released: US$0.012 loss per share (vs US$0.002 loss in 3Q 2023) Third quarter 2024 results: US$0.012 loss per share (further deteriorated from US$0.002 loss in 3Q 2023). Revenue: US$3.28m (down 6.3% from 3Q 2023). Net loss: US$147.0k (loss widened 406% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 04
Second quarter 2024 earnings released: US$0.034 loss per share (vs US$0.065 profit in 2Q 2023) Second quarter 2024 results: US$0.034 loss per share (down from US$0.065 profit in 2Q 2023). Revenue: US$3.01m (down 36% from 2Q 2023). Net loss: US$432.5k (down 151% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Reported Earnings • May 02
First quarter 2024 earnings released: US$0.034 loss per share (vs US$0.076 profit in 1Q 2023) First quarter 2024 results: US$0.034 loss per share (down from US$0.076 profit in 1Q 2023). Revenue: US$2.92m (down 39% from 1Q 2023). Net loss: US$441.0k (down 144% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Apr 12
Bogota Financial Corp., Annual General Meeting, May 16, 2024 Bogota Financial Corp., Annual General Meeting, May 16, 2024, at 11:00 US Eastern Standard Time. Location: Teaneck Marriott Glenpointe, 100 Frank W. Burr Boulevard Teaneck New Jersey United States Agenda: To consider the election of one director to serve for a term of three years; to consider the ratification of the appointment of S.R. Snodgrass, P.C. to serve as the independent registered public accounting firm for the fiscal year ending December 31, 2024; and to consider the transaction of any other business that may properly come before the meeting and any adjournment or postponement of the meeting. Reported Earnings • Apr 01
Full year 2023 earnings released: EPS: US$0.05 (vs US$0.51 in FY 2022) Full year 2023 results: EPS: US$0.05 (down from US$0.51 in FY 2022). Revenue: US$16.2m (down 32% from FY 2022). Net income: US$642.5k (down 91% from FY 2022). Profit margin: 4.0% (down from 29% in FY 2022). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 1.71% (down from 2.76% in FY 2022). Cost-to-income ratio: 97.0% (up from 59.0% in FY 2022). Non-performing loans: 1.78% (up from 0.12% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 12% per year. Recent Insider Transactions • Mar 01
Independent Director recently bought US$63k worth of stock On the 29th of February, John Masterson bought around 8k shares on-market at roughly US$7.80 per share. This transaction amounted to 5.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$553k more in shares than they have sold in the last 12 months. New Risk • Feb 16
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$99.9m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (US$99.9m market cap). Reported Earnings • Feb 09
Full year 2023 earnings released: EPS: US$0.05 (vs US$0.51 in FY 2022) Full year 2023 results: EPS: US$0.05 (down from US$0.51 in FY 2022). Revenue: US$16.2m (down 32% from FY 2022). Net income: US$642.5k (down 91% from FY 2022). Profit margin: 4.0% (down from 29% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$8.33, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 9x in the Banks industry in the US. Total loss to shareholders of 10% over the past three years. Reported Earnings • Nov 03
Third quarter 2023 earnings released: US$0.002 loss per share (vs US$0.14 profit in 3Q 2022) Third quarter 2023 results: US$0.002 loss per share (down from US$0.14 profit in 3Q 2022). Revenue: US$3.51m (down 44% from 3Q 2022). Net loss: US$29.1k (down 101% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Jul 30
Bogota Financial Corp. Appoints Kevin Pace to the Board of Directors of the Company On July 26, 2023, Bogota Financial Corp. appointed Kevin Pace to the board of directors of the Company effective immediately. Mr. Pace is the Company’s Executive Vice President and Chief Risk Officer and will not serve on any board committee for the Company. Reported Earnings • Jul 30
Second quarter 2023 earnings released: EPS: US$0.065 (vs US$0.12 in 2Q 2022) Second quarter 2023 results: EPS: US$0.065 (down from US$0.12 in 2Q 2022). Revenue: US$4.70m (down 20% from 2Q 2022). Net income: US$856.6k (down 48% from 2Q 2022). Profit margin: 18% (down from 28% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 27
Full year 2022 earnings released: EPS: US$0.51 (vs US$0.55 in FY 2021) Full year 2022 results: EPS: US$0.51 (down from US$0.55 in FY 2021). Revenue: US$23.8m (up 8.5% from FY 2021). Net income: US$6.88m (down 8.6% from FY 2021). Profit margin: 29% (down from 34% in FY 2021). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 2.76% (up from 2.50% in FY 2021). Cost-to-income ratio: 59.0% (down from 60.9% in FY 2021). Non-performing loans: 0.12% (down from 0.15% in FY 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 02
Full year 2022 earnings released: EPS: US$0.51 (vs US$0.55 in FY 2021) Full year 2022 results: EPS: US$0.51 (down from US$0.55 in FY 2021). Revenue: US$23.8m (up 13% from FY 2021). Net income: US$6.88m (down 8.6% from FY 2021). Profit margin: 29% (down from 36% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: US$0.14 (vs US$0.074 in 3Q 2021) Third quarter 2022 results: EPS: US$0.14 (up from US$0.074 in 3Q 2021). Revenue: US$6.30m (up 16% from 3Q 2021). Net income: US$1.93m (up 85% from 3Q 2021). Profit margin: 31% (up from 19% in 3Q 2021). Reported Earnings • Jul 29
Second quarter 2022 earnings released: EPS: US$0.06 (vs US$0.10 in 2Q 2021) Second quarter 2022 results: EPS: US$0.06. Revenue: US$5.86m (up 9.3% from 2Q 2021). Net income: US$1.64m (up 14% from 2Q 2021). Profit margin: 28% (up from 27% in 2Q 2021). The increase in margin was driven by higher revenue. Announcement • May 12
Bogota Financial Corp. Appoints William Hanson as Director Bogota Financial Corp. at Annual Meeting of Stockholders was held on May 9, 2022, approved the appointment of William Hanson as Director for a three-year term or until his successor is duly elected and qualified. Reported Earnings • May 03
First quarter 2022 earnings released: EPS: US$0.10 (vs US$0.23 in 1Q 2021) First quarter 2022 results: EPS: US$0.10 (down from US$0.23 in 1Q 2021). Revenue: US$5.47m (up 8.8% from 1Q 2021). Net income: US$1.40m (down 53% from 1Q 2021). Profit margin: 26% (down from 60% in 1Q 2021). The decrease in margin was driven by higher expenses. Price Target Changed • Apr 27
Price target increased to US$11.50 Up from US$10.50, the current price target is provided by 1 analyst. New target price is 7.0% above last closing price of US$10.75. Stock is up 9.7% over the past year. The company is forecast to post earnings per share of US$0.38 for next year compared to US$0.55 last year. Announcement • Apr 08
Bogota Financial Corp., Annual General Meeting, May 09, 2022 Bogota Financial Corp., Annual General Meeting, May 09, 2022, at 11:00 US Eastern Standard Time. Location: The Teaneck Marriott at Glenpointe 100 Frank W. Burr Boulevard Teaneck New Jersey United States Agenda: To elect two directors to serve for a term of three years; the ratification of the appointment of S.R. Snodgrass, P.C. to serve as the independent registered public accounting firm for the fiscal year ending December 31, 2022; and The transaction of any other business that may properly come before the meeting and any adjournment or postponement of the meeting. (Note: The Board of Directors is not aware of any other business to come before the meeting.). Reported Earnings • Mar 31
Full year 2021 earnings released: EPS: US$0.55 (vs US$0.17 in FY 2020) Full year 2021 results: EPS: US$0.55 (up from US$0.17 in FY 2020). Revenue: US$21.0m (up 52% from FY 2020). Net income: US$7.52m (up 264% from FY 2020). Profit margin: 36% (up from 15% in FY 2020). Net interest margin (NIM): 2.50% (up from 1.93% in FY 2020). Cost-to-income ratio: 60.9% (down from 81.6% in FY 2020). Non-performing loans: 0.15% (up from 0.12% in FY 2020). Price Target Changed • Mar 30
Price target increased to US$11.50 Up from US$10.50, the current price target is provided by 1 analyst. New target price is 6.6% above last closing price of US$10.79. Stock is up 5.2% over the past year. The company is forecast to post earnings per share of US$0.38 for next year compared to US$0.55 last year. Reported Earnings • Feb 04
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: US$0.27 (up from US$0.17 in FY 2020). Revenue: US$21.9m (up 58% from FY 2020). Net income: US$7.52m (up 264% from FY 2020). Profit margin: 34% (up from 15% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%. Reported Earnings • Nov 06
Third quarter 2021 earnings released: EPS US$0.074 (vs US$0.076 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$5.43m (up 48% from 3Q 2020). Net income: US$1.04m (up 9.0% from 3Q 2020). Profit margin: 19% (down from 26% in 3Q 2020). Reported Earnings • Aug 10
Second quarter 2021 earnings released: EPS US$0.10 (vs US$0.11 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: US$5.36m (up 69% from 2Q 2020). Net income: US$1.44m (up 2.5% from 2Q 2020). Profit margin: 27% (down from 44% in 2Q 2020). Executive Departure • Jun 04
Independent Director Bruce Dexter has left the company On the 27th of May, Bruce Dexter's tenure as Independent Director ended. We don't have any record of a personal shareholding under Bruce's name. Bruce is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • May 07
First quarter 2021 earnings released: EPS US$0.23 (vs US$0.13 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$5.02m (up 58% from 1Q 2020). Net income: US$3.01m (up US$4.34m from 1Q 2020). Profit margin: 60% (up from net loss in 1Q 2020). Reported Earnings • Mar 29
Full year 2020 earnings released: EPS US$0.17 (vs US$0.18 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: US$13.9m (up 18% from FY 2019). Net income: US$2.07m (down 15% from FY 2019). Profit margin: 15% (down from 21% in FY 2019). Net interest margin (NIM): 1.93% (up from 1.73% in FY 2019). Cost-to-income ratio: 81.6% (up from 72.0% in FY 2019). Non-performing loans: 0.12% (up from 0.11% in FY 2019). Is New 90 Day High Low • Mar 04
New 90-day high: US$9.91 The company is up 15% from its price of US$8.61 on 03 December 2020. The American market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Mortgage industry, which is up 27% over the same period. Announcement • Mar 03
Bogota Financial Corp. Appoints John G. Reiner to its Board of Director Effective February 28, 2021, Bogota Financial Corp. appointed John G. Reiner to its Board of Directors, to serve as a member of the class of directors with terms expiring in at the 2022 annual meeting of stockholders of Bogota Financial Corp. He was appointed pursuant to the terms of the Merger Agreement. Mr. Reiner, age 55, serves and the chief executive officer of Reiner Insurance, Springfield, New Jersey. Mr. Reiner served as a director of Gibraltar Bank since 2007. Reported Earnings • Feb 12
Full year 2020 earnings released: EPS US$0.17 (vs US$0.18 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: US$14.5m (up 24% from FY 2019). Net income: US$2.07m (down 15% from FY 2019). Profit margin: 14% (down from 21% in FY 2019). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 1.93% (up from 1.73% in FY 2019). Cost-to-income ratio: 81.6% (up from 72.0% in FY 2019). Is New 90 Day High Low • Dec 16
New 90-day high: US$9.33 The company is up 19% from its price of US$7.87 on 16 September 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Mortgage industry, which is up 9.0% over the same period. Is New 90 Day High Low • Nov 10
New 90-day high: US$8.31 The company is up 8.0% from its price of US$7.72 on 12 August 2020. The American market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Mortgage industry, which is down 2.0% over the same period. Reported Earnings • Nov 09
Third quarter 2020 earnings released: EPS US$0.076 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$3.68m (up 28% from 3Q 2019). Net income: US$956.4k (up 43% from 3Q 2019). Profit margin: 26% (up from 23% in 3Q 2019). The increase in margin was driven by higher revenue. Reported Earnings • Nov 02
Third quarter earnings released Over the last 12 months the company has reported total profits of US$1.81m, down 27% from the prior year. Total revenue was US$13.6m over the last 12 months, up 14% from the prior year.