Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
BLFY
Upturn stock ratingUpturn stock rating

Blue Foundry Bancorp (BLFY)

Upturn stock ratingUpturn stock rating
$8.83
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/16/2025: BLFY (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -10.21%
Avg. Invested days 30
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/16/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 205.06M USD
Price to earnings Ratio -
1Y Target Price 10.38
Price to earnings Ratio -
1Y Target Price 10.38
Volume (30-day avg) 53292
Beta 0.64
52 Weeks Range 8.30 - 11.48
Updated Date 04/25/2025
52 Weeks Range 8.30 - 11.48
Updated Date 04/25/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.55

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -29.27%
Operating Margin (TTM) -24.14%

Management Effectiveness

Return on Assets (TTM) -0.58%
Return on Equity (TTM) -3.46%

Valuation

Trailing PE -
Forward PE 625
Enterprise Value 501071808
Price to Sales(TTM) 5.04
Enterprise Value 501071808
Price to Sales(TTM) 5.04
Enterprise Value to Revenue 14.48
Enterprise Value to EBITDA -
Shares Outstanding 22096600
Shares Floating 16984848
Shares Outstanding 22096600
Shares Floating 16984848
Percent Insiders 14.7
Percent Institutions 53.58

Analyst Ratings

Rating 3
Target Price 11
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold 2
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Blue Foundry Bancorp

stock logo

Company Overview

overview logo History and Background

Blue Foundry Bancorp was originally founded in 1939 as Rutherford Savings and Loan Association. It converted to a mutual holding company structure in 2018 and subsequently went public in 2021. The company operates primarily in the New Jersey market.

business area logo Core Business Areas

  • Commercial Lending: Provides loans to businesses, including commercial real estate loans, business term loans, and lines of credit.
  • Retail Banking: Offers deposit accounts, personal loans, mortgages, and other retail banking services to individuals and families.
  • Wealth Management: Offers wealth management and trust services through Blue Foundry Wealth Management.

leadership logo Leadership and Structure

The company is led by a board of directors and an executive management team. Michele G. Nitti is the CEO. The organizational structure includes various departments overseeing lending, retail banking, finance, and operations.

Top Products and Market Share

overview logo Key Offerings

  • Commercial Real Estate Loans: Provides financing for commercial real estate projects. Market share data is difficult to precisely determine, but competes with larger national banks and other regional players in New Jersey. Competitors include: Bank of America, Wells Fargo, and M&T Bank.
  • Residential Mortgages: Offers mortgage products for homebuyers. Competes with national mortgage lenders and smaller community banks. Competitors include: Rocket Mortgage, United Wholesale Mortgage, and local credit unions.
  • Checking and Savings Accounts: Offers various checking and savings accounts. Competitors include: Chase, Wells Fargo, and local credit unions.

Market Dynamics

industry overview logo Industry Overview

The banking industry is currently facing rising interest rates, increased regulatory scrutiny, and competition from fintech companies. Community banks like Blue Foundry Bancorp are focused on relationship banking and local market expertise.

Positioning

Blue Foundry Bancorp positions itself as a community-focused bank providing personalized service and local expertise. Its competitive advantage lies in its strong relationships with local businesses and residents.

Total Addressable Market (TAM)

The TAM for banking services in New Jersey is estimated to be in the tens of billions of dollars. Blue Foundry Bancorp is positioned to capture a portion of this market through its focus on local communities and relationship banking.

Upturn SWOT Analysis

Strengths

  • Strong community ties
  • Experienced management team
  • Solid deposit base
  • Focus on relationship banking

Weaknesses

  • Smaller size compared to national banks
  • Limited geographic reach
  • Potential vulnerability to interest rate fluctuations
  • Limited digital capabilities compared to larger banks

Opportunities

  • Expansion into new markets within New Jersey
  • Increased adoption of digital banking services
  • Growing demand for commercial real estate financing
  • Potential acquisitions of smaller community banks

Threats

  • Increased competition from larger banks and fintech companies
  • Rising interest rates
  • Economic downturn
  • Regulatory changes

Competitors and Market Share

competitor logo Key Competitors

  • MTB
  • USB
  • PNC

Competitive Landscape

Blue Foundry Bancorp faces intense competition from larger national banks and regional players. Its advantage lies in its local market knowledge and personalized service.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Discuss Blue Foundry Bancorp's growth trends over the past years.

Future Projections: Provide projections for Blue Foundry Bancorp's future growth based on analyst estimates.

Recent Initiatives: Highlight recent strategic initiatives undertaken by Blue Foundry Bancorp.

Summary

Blue Foundry Bancorp is a community-focused bank with solid local ties, but it faces challenges from larger competitors and potential economic headwinds. Its relationship-based approach is a strength, but it needs to enhance its digital capabilities. The company has potential for growth through strategic expansion and acquisitions. Monitoring interest rate sensitivity and adapting to regulatory changes are crucial.

Similar Companies

MTBratingrating

M&T Bank Corporation

$162
Large-Cap Stock
0%
PASS

MTBratingrating

M&T Bank Corporation

$162
Large-Cap Stock
0%
PASS

PNCratingrating

PNC Financial Services Group Inc

$154.45
Large-Cap Stock
0%
PASS

PNCratingrating

PNC Financial Services Group Inc

$154.45
Large-Cap Stock
0%
PASS

USBratingrating

U.S. Bancorp

$39
Large-Cap Stock
0%
PASS

USBratingrating

U.S. Bancorp

$39
Large-Cap Stock
0%
PASS

Sources and Disclaimers

Data Sources:

  • Company website
  • SEC filings
  • Analyst reports (where available)
  • FDIC Data

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimated and may not be precise. Past performance is not indicative of future results.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Blue Foundry Bancorp

Exchange NASDAQ
Headquaters Rutherford, NJ, United States
IPO Launch date 2021-07-16
President, CEO & Director Mr. James D. Nesci
Sector Financial Services
Industry Banks - Regional
Full time employees 184
Full time employees 184

Blue Foundry Bancorp operates as the bank holding company for Blue Foundry Bank, a savings bank that offers banking products and services for individuals and businesses in northern New Jersey. It offers saving, time, and non-interest-bearing deposits; NOW and demand accounts; and loans, such as residential and commercial real estate, multifamily, construction, consumer, and commercial and industrial loans, as well as junior liens and home equity lines of credit. 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.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​