--- title: "BCB Bancorp | 8-K: FY2026 Q2 Revenue: USD 39.99 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/294683983.md" datetime: "2026-08-03T11:12:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294683983.md) - [en](https://longbridge.com/en/news/294683983.md) - [zh-HK](https://longbridge.com/zh-HK/news/294683983.md) generator: "portal-rs" --- # BCB Bancorp | 8-K: FY2026 Q2 Revenue: USD 39.99 M Revenue: As of FY2026 Q2, the actual value is USD 39.99 M. EPS: As of FY2026 Q2, the actual value is USD -0.85, missing the estimate of USD 0.2467. EBIT: As of FY2026 Q2, the actual value is USD -18.24 M. #### Financial Performance Overview **Net Income / Loss**BCB Bancorp, Inc. reported a net loss of - $14.8 million for the second quarter of 2026, compared to a net income of $4.9 million in the first quarter of 2026 and $3.6 million in the second quarter of 2025. The net loss for the six months ended June 30, 2026, was - $9.9 million, an increase from a net loss of - $4.8 million for the same period in 2025. The second quarter 2026 net loss was primarily due to a $19.0 million provision for credit losses, a - $5.3 million non-cash goodwill impairment charge, and a - $2.6 million loss on a loan transferred to held-for-sale, partially offset by a $4.9 million decrease in tax provision. The year-to-date increase in net loss was mainly due to the - $5.3 million non-cash goodwill impairment charge, a - $2.6 million loss on the sale of loans, and a $2.6 million increase in salaries and employee benefits. **Net Interest Income and Margin**Net interest income for the second quarter of 2026 was $23.3 million, up from $22.8 million in the first quarter of 2026 and $23.1 million in the second quarter of 2025. The net interest margin was 3.03% for the second quarter of 2026, compared to 2.95% in the prior quarter and 2.80% in the second quarter of 2025. For the six months ended June 30, 2026, net interest income increased by $1.1 million to $46.2 million, compared to $45.1 million in the same period of 2025. The net interest margin for the first six months of 2026 was 2.99%, up from 2.70% in the first six months of 2025. **Provision for Credit Losses**The provision for credit losses increased to $19.0 million in the second quarter of 2026, compared to $2.8 million in the first quarter of 2026 and $4.9 million in the second quarter of 2025, primarily due to higher reserve requirements within the Commercial and Industrial (C&I) loan portfolio. For the six months ended June 30, 2026, the provision for credit losses was $21.8 million, a decrease from $25.7 million in the same period of 2025. Net charge-offs were $6.6 million in Q2 2026, compared to $5.7 million in Q2 2025, and $10.5 million for the first six months of 2026, compared to $9.9 million for the same period in 2025. **Non-Interest Income and Expense**Non-interest income resulted in a loss of - $470 thousand for the second quarter of 2026, a decrease from income of $2.1 million in the second quarter of 2025, mainly due to a - $2.6 million loss on the sale of loans. For the six months ended June 30, 2026, non-interest income decreased by - $2.2 million to $1.6 million, compared to $3.9 million in the same period of 2025, also primarily due to the - $2.6 million loss on loan sales. Non-interest expense increased by $6.9 million, or 45.0%, to $22.1 million in the second quarter of 2026 from $15.3 million in the second quarter of 2025, driven by the - $5.3 million non-cash goodwill impairment charge and a $1.7 million increase in salaries and employee benefits. For the first six months of 2026, non-interest expense increased by $7.8 million, or 25.9%, to $37.7 million, primarily due to the goodwill impairment charge and a $2.6 million increase in salaries and employee benefits. #### Operational Metrics - **Efficiency Ratio**: The efficiency ratio for the second quarter of 2026 was 96.8%, up from 62.4% in the prior quarter and 60.6% in the second quarter of 2025. - **Return on Average Assets (ROAA)**: The annualized ROAA for Q2 2026 was -1.83%, compared to 0.61% in Q1 2026 and 0.42% in Q2 2025. - **Return on Average Equity (ROAE)**: The annualized ROAE for Q2 2026 was -19.22%, compared to 6.50% in Q1 2026 and 4.55% in Q2 2025. #### Balance Sheet Highlights (as of June 30, 2026) - **Total Assets**: Decreased by - $161.3 million, or -4.9%, to $3.118 billion from $3.279 billion at December 31, 2025. - **Total Deposits**: Decreased by - $37.6 million, or -1.4%, to $2.636 billion from $2.674 billion at December 31, 2025, with brokered deposits declining by - $28.6 million to $51.9 million. - **Loans Receivable, Net**: Decreased by - $103.1 million, or -3.8%, to $2.588 billion from $2.691 billion at December 31, 2025. - **Cash and Cash Equivalents**: Decreased by - $79.7 million, or -28.8%, to $196.9 million from $276.6 million at December 31, 2025. - **Stockholders’ Equity**: Decreased by - $12.4 million, or -4.1%, to $291.9 million from $304.3 million at December 31, 2025. #### Asset Quality - **Non-Accrual Loans**: Totaled $72.0 million at June 30, 2026, or 2.73% of gross loans, an increase from $59.8 million at March 31, 2026, but a decrease from $101.8 million at June 30, 2025. - **Allowance for Credit Losses (ACL)**: Increased by $11.3 million to $45.0 million at June 30, 2026, compared to $33.7 million at December 31, 2025. The ACL as a percentage of non-accrual loans was 62.5% at June 30, 2026, up from 54.5% at March 31, 2026, and 49.8% at June 30, 2025. - **Criticized and Classified Loans**: Totaled $367.4 million at June 30, 2026, a decrease from $403.0 million at March 31, 2026, but an increase from $360.0 million at December 31, 2025. #### Outlook and Guidance BCB Bancorp, Inc. is conducting a comprehensive review of its loan portfolio with independent consultants, expected to be completed by the end of the third quarter. The company has ceased originating residential mortgage, home equity, and consumer loans due to insufficient risk-adjusted returns. 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