- Blue Foundry Bancorp press release ( NASDAQ: BLFY ): Q3 GAAP EPS of $0.05 beats by $0.04 .
- Revenue of $14.61M (+26.1% Y/Y) beats by $0.49M .
- Gross loans grew by $68.1 million, or 4.8%, compared to the linked quarter, excluding Paycheck Protection Program (“PPP”) loans, led by commercial real estate products.
- Loan originations totaled $171.6 million for the quarter, including originations of $130.1 million in multifamily loans, $28.6 million in construction loans, and $7.0 million in non-residential loans.
- During the quarter, 667 thousand shares were repurchased at a weighted average cost of $11.67.
For further details see:
Blue Foundry Bancorp GAAP EPS of $0.05 beats by $0.04, revenue of $14.61M beats by $0.49M