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Upturn AI SWOT - About
Blue Foundry Bancorp (BLFY)
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Upturn Advisory Summary
06/18/2025: BLFY (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
2 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $9.88
1 Year Target Price $9.88
| 0 | Strong Buy |
| 0 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -23.48% | Avg. Invested days 27 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/18/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 210.69M USD | Price to earnings Ratio - | 1Y Target Price 9.88 |
Price to earnings Ratio - | 1Y Target Price 9.88 | ||
Volume (30-day avg) 2 | Beta 0.6 | 52 Weeks Range 8.34 - 11.48 | Updated Date 06/30/2025 |
52 Weeks Range 8.34 - 11.48 | Updated Date 06/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.55 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -28.53% | Operating Margin (TTM) -22.58% |
Management Effectiveness
Return on Assets (TTM) -0.57% | Return on Equity (TTM) -3.48% |
Valuation
Trailing PE - | Forward PE 625 | Enterprise Value 499212896 | Price to Sales(TTM) 5.11 |
Enterprise Value 499212896 | Price to Sales(TTM) 5.11 | ||
Enterprise Value to Revenue 14.01 | Enterprise Value to EBITDA - | Shares Outstanding 21720800 | Shares Floating 16601986 |
Shares Outstanding 21720800 | Shares Floating 16601986 | ||
Percent Insiders 14.46 | Percent Institutions 54.26 |
Analyst Ratings
Rating 2 | Target Price 9.88 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Blue Foundry Bancorp
Company Overview
History and Background
Blue Foundry Bancorp, formerly Boiling Springs Savings Bank, was founded in 1939 in Rutherford, New Jersey. Initially focused on serving the local community with savings and loan services, it has grown through organic expansion and strategic acquisitions. It demutualized and became a publicly traded company in 2021.
Core Business Areas
- Retail Banking: Provides a range of deposit accounts, including checking, savings, and money market accounts, as well as certificates of deposit (CDs).
- Commercial Lending: Offers commercial real estate loans, construction loans, and other business financing solutions to small and medium-sized businesses.
- Residential Lending: Provides mortgage loans for the purchase and refinance of residential properties.
- Wealth Management: Offers wealth management and financial planning services through a third party.
Leadership and Structure
The leadership team includes James D. Nesci (President and CEO). The organizational structure is typical of a community bank, with divisions for retail banking, commercial lending, and operations.
Top Products and Market Share
Key Offerings
- Commercial Real Estate Loans: Loans secured by commercial properties, targeting small to medium-sized businesses. Market share data is not readily available, but they compete with other regional and national banks. Competitors include Valley National Bancorp and Provident Financial Services.
- Residential Mortgages: Mortgage loans for home purchases and refinancing. Market share data is not publicly available, but they compete with national mortgage lenders. Competitors include Wells Fargo and JPMorgan Chase.
- Deposit Accounts: Checking, savings, and money market accounts for individuals and businesses. Market share data is not readily available, compete with all banks. Competitors include Bank of America and Citibank.
Market Dynamics
Industry Overview
The banking industry is currently facing increased regulatory scrutiny, rising interest rates, and growing competition from fintech companies. Community banks like Blue Foundry Bancorp are focused on providing personalized service and building relationships with local customers.
Positioning
Blue Foundry Bancorp positions itself as a community-focused bank that provides personalized service and supports local businesses. Its competitive advantages include its strong local presence and experienced lending team.
Total Addressable Market (TAM)
The TAM for community banking in New Jersey is substantial, estimated to be in the billions of dollars. Blue Foundry Bancorp is positioned to capture a share of this market by focusing on its local relationships and specialized lending products.
Upturn SWOT Analysis
Strengths
- Strong local presence in New Jersey
- Experienced lending team
- Focus on personalized service
- Solid capital base
- Established brand reputation
Weaknesses
- Limited geographic diversification
- Reliance on traditional banking products
- Lower technology adoption compared to larger banks
- Smaller asset base compared to larger competitors
- Higher efficiency ratio than some peers
Opportunities
- Expand into new markets within New Jersey
- Develop new digital banking products and services
- Increase commercial lending volume
- Grow wealth management business
- Strategic acquisitions of smaller banks
Threats
- Increased competition from larger banks and fintech companies
- Rising interest rates
- Economic downturn
- Increased regulatory scrutiny
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- VLY
- PFIS
- TCBI
- NYCB
Competitive Landscape
Blue Foundry Bancorp faces intense competition from larger regional and national banks, as well as fintech companies. Its advantages include its local presence, personalized service, and experienced lending team. Its disadvantages include its smaller asset base and limited geographic diversification.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been steady, driven by organic loan growth and deposit generation.
Future Projections: Future growth is expected to be driven by expansion into new markets, increased commercial lending, and the development of new digital banking products.
Recent Initiatives: Recent initiatives include the launch of a new online banking platform and the expansion of the commercial lending team.
Summary
Blue Foundry Bancorp is a community-focused bank with a strong presence in New Jersey. While its local focus and experienced team are strengths, its smaller size and limited diversification pose challenges. The company needs to focus on expanding its digital capabilities and diversifying its revenue streams to remain competitive. Investors should consider overall economic conditions and rising interest rates as this could hurt the company.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings (limited access without scraping)
- Industry Reports
- Analyst Estimates (where available)
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. Financial metrics are based on publicly available information and are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://www.bluefoundrybank.com |
Full time employees 184 | Website https://www.bluefoundrybank.com | ||
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.
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