<span item_type="fundamental" item_id="67da461d13ad88190b6a411adb668dc0" counter_id="ST/US/BCBP" env="prod"></span><span item_type="announcement" item_id="610703078501129857" env="prod"></span><p>Revenue: As of FY2025 Q4, the actual value is USD 26.17 M.</p><p>EPS: As of FY2025 Q4, the actual value is USD -0.73, beating the estimate of USD -0.88.</p><p>EBIT: As of FY2025 Q4, the actual value is USD -41.64 M.</p><p></p><h3>Fourth Quarter 2025 Financial Performance</h3><h4>Net Income/Loss</h4><p>BCB Bancorp, Inc. reported a net loss of - $12.0 million for the fourth quarter of 2025, a decrease from net income of $4.3 million in the third quarter of 2025 and $3.3 million in the fourth quarter of 2024. The loss per diluted share was - $0.73, compared to earnings per diluted share of $0.22 in the preceding quarter and $0.16 in the fourth quarter of 2024. Net loss available to common stockholders was - $12,511 thousand for Q4 2025, compared to net income of $2,797 thousand for Q4 2024. This decrease was primarily due to a $15.1 million charge on an OREO property and $8.0 million more in credit loss provisioning, partially offset by $6.7 million less in income tax provisioning and $2.0 million more in net interest income.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Net Interest Income</h4><p>Net interest income increased by 9.1% to $24.223 million for the fourth quarter of 2025, up from $22.194 million for the fourth quarter of 2024. Sequentially, it increased by 2.2% from $23.711 million in Q3 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Non-interest Income</h4><p>Non-interest income increased by $1.0 million, or 107.1%, to $1.943 million in Q4 2025 from $938 thousand in Q4 2024. This increase was mainly driven by a $562 thousand increase in gains on sale of loans, a $365 thousand increase in BOLI income, and $234 thousand less in realized and unrealized losses on equity investments.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Non-interest Expense</h4><p>Non-interest expense significantly increased by $17.0 million, or 118.5%, to $31.385 million in Q4 2025 compared to $14.367 million in Q4 2024, primarily due to REO property expenses of $15.1 million related to the write-down of a cannabis-related REO property.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Provision for Credit Losses</h4><p>The provision for credit losses was $12.195 million in Q4 2025, a substantial increase from $4.080 million in Q3 2025 and $4.154 million in Q4 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Net Interest Margin</h4><p>The net interest margin increased to 3.03% for Q4 2025, up from 2.88% in Q3 2025 and 2.53% in Q4 2024, attributed to a decrease in the cost of interest-bearing liabilities, slightly offset by a decrease in the yield on interest-earning assets.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Efficiency Ratio</h4><p>The efficiency ratio for Q4 2025 was 120.0%, significantly higher than 62.6% in the prior quarter and 62.1% in Q4 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Returns</h4><ul><li><strong>Annualized Return on Average Assets</strong>: -1.44% for Q4 2025, compared to 0.50% in Q3 2025 and 0.36% in Q4 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></li><li><strong>Annualized Return on Average Equity</strong>: -15.0% for Q4 2025, compared to 5.4% in Q3 2025 and 4.0% in Q4 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></li></ul><h3>Year-to-Date 2025 Financial Performance</h3><h4>Net Income/Loss</h4><p>BCB Bancorp, Inc. reported a net loss of - $12.5 million for the twelve months ended December 31, 2025, a decrease from earnings of $18.6 million for the same period in 2024. The net loss available to common stockholders was - $14,456 thousand for YTD 2025, compared to net income of $16,791 thousand for YTD 2024. This decline was primarily driven by a $30.4 million higher provision for loan loss expense and $20.8 million higher non-interest expense, partially offset by a $13.4 million lower tax provision, $5.6 million higher non-interest income, and $1.0 million higher net interest income.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Net Interest Income</h4><p>Net interest income increased by 1.1% to $93.041 million for the twelve months ended December 31, 2025, from $92.021 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Non-interest Income</h4><p>Non-interest income increased by $5.6 million, or 191.0%, to $8.555 million for YTD 2025 from $2.940 million for YTD 2024, largely due to the Bank recording a loss on sale of loans of - $5.3 million in 2024, as well as increases in BOLI and fees and service charges in 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Non-interest Expense</h4><p>Non-interest expense increased by $20.8 million, or 36.3%, to $77.883 million for YTD 2025 from $57.121 million for YTD 2024. This was primarily due to a one-time $15.1 million expense on the cannabis-related REO property and a $3.2 million increase in salaries and employee benefits.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Provision for Credit Losses</h4><p>The provision for credit losses increased significantly from $11.570 million for YTD 2024 to $42.011 million for YTD 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Net Interest Margin</h4><p>Net interest margin increased to 2.82% for YTD 2025, compared to 2.55% for YTD 2024, due to a decrease in the cost of interest-bearing liabilities.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h3>Balance Sheet and Asset Quality</h3><h4>Total Assets</h4><p>Total assets decreased by $319.7 million, or 8.9%, to $3.279 billion at December 31, 2025, from $3.599 billion at December 31, 2024, mainly driven by decreases in cash and cash equivalents and net loans as part of a strategic initiative to enhance capital ratios.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Total Deposits</h4><p>Total deposits decreased by $77.3 million, or 2.8%, to $2.674 billion at December 31, 2025, from $2.751 billion at December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Loans Receivable, Net</h4><p>Loans receivable, net, decreased by $305.2 million, or 10.2%, to $2.691 billion at December 31, 2025, from $2.996 billion at December 31, 2024, due to loan sales, payoffs, paydowns, and charge-offs.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Non-Accrual Loans</h4><p>Non-accrual loans totaled $63.3 million, or 2.32% of gross loans, at December 31, 2025, down from $93.5 million at September 30, 2025, but up from $44.7 million, or 1.48% of gross loans, at December 31, 2024. The sequential decline was due to favorable resolution of non-accrual loans.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Allowance for Credit Losses (ACL)</h4><p>The ACL was $33.7 million, or 1.24% of gross loans, at December 31, 2025, compared to $34.8 million, or 1.15% of gross loans, at December 31, 2024. ACL as a percentage of non-accrual loans was 53.3% at December 31, 2025, compared to 77.8% at December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Net Charge-offs</h4><p>Net charge-offs were $16.3 million in Q4 2025, primarily within the C&amp;I loan portfolio, compared to $4.1 million in Q4 2024. For the full year 2025, net charge-offs were $43.1 million, significantly higher than $10.4 million in 2024. This included a $12.7 million net charge-off related to a cannabis-related relationship and $29.2 million in the C&amp;I portfolio.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Other Real Estate Owned (OREO)</h4><p>BCB Bancorp, Inc. recognized a $15.1 million pre-tax write-down on an isolated cannabis-related REO property during the fourth quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h4>Stockholders’ Equity</h4><p>Stockholders’ equity decreased by $19.6 million, or 6.1%, to $304.3 million at December 31, 2025, from $323.9 million at December 31, 2024. This was attributed to a decrease in retained earnings caused largely by the - $12.5 million net loss in 2025 and the REO property write-down.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span></p><h3>Outlook / Guidance</h3><p>Management implemented decisive actions in 2025 to improve asset quality, strengthen capital, and enhance liquidity, aiming for a more resilient foundation in 2026. The Board of Directors adjusted the quarterly cash dividend to $0.08 per share to prioritize long-term shareholder value through improved earnings and disciplined capital allocation. BCB Bancorp, Inc. declared a cash dividend of $0.08 per share, payable on February 26, 2026, to shareholders of record as of February 11, 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934dex991.htm"></span><span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1228454/000119312526031836/d68934d8k.htm"></span></p>

BCB Bancorp | 8-K: FY2025 Q4 Revenue: USD 26.17 M