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BLFY
Upturn stock ratingUpturn stock rating

Blue Foundry Bancorp (BLFY)

Upturn stock ratingUpturn stock rating
$8.87
Last Close (24-hour delay)
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

06/18/2025: BLFY (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

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

Number of Analysts

rating

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

Analysts Price Target For last 52 week
$9.88Target price
Low$8.34
Current$8.87
high$11.48

Analysis of Past Performance

Type Stock
Historic Profit -23.48%
Avg. Invested days 27
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
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 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 -

ai summary icon Upturn AI SWOT

Blue Foundry Bancorp

stock logo

Company Overview

overview logo 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.

business area logo 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 logo 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

overview logo 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 logo 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

competitor logo 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.

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.