Fulton Financial Corporation acquires Blue Foundry Bancorp
Fulton Financial Corporation has successfully completed the acquisition of Blue Foundry Bancorp, positioning Fulton to become a $34 billion financial services company. Blue Foundry Bank will operate as a separate, wholly owned subsidiary until its systems and accounts merge with Fulton Bank later this summer, with current customers experiencing no immediate changes. This expansion into New Jersey will also see Fulton contribute $1.5 million to its Fulton Forward Foundation to support the local nonprofit community.
Blue Foundry Bancorp (BLFY) Net Interest Margin Progress Tests Bullish Profitability Narrative
Blue Foundry Bancorp (BLFY) closed FY 2025 with mixed results, showing improved net interest margin and loan growth, which bulls interpret as positive core banking trends. However, rising non-performing loans and a valuation below the industry average raise concerns for bears, especially regarding the sensitivity of future progress to interest rate changes and credit conditions. The article highlights the differing perspectives on the company's profitability and risk given its current financial performance and market valuation.
Fulton Financial Closes Blue Foundry Bancorp Acquisition, Expands
Fulton Financial Corporation has successfully completed its acquisition of Blue Foundry Bancorp, expanding its presence in New Jersey and increasing its assets to $34 billion. Blue Foundry Bank will initially operate as a separate subsidiary before merging with Fulton Bank later in the summer. Fulton Financial has also announced a $1.5 million contribution to its Fulton Forward Foundation to support New Jersey-based non-profit organizations, reinforcing its commitment to community development.
Blue Foundry Bancorp (BLFY) Net Interest Margin Progress Tests Bullish Profitability Narrative
Blue Foundry Bancorp (BLFY) closed FY 2025 with mixed financial results, showing improving net interest margin but also an increase in non-performing loans. The article discusses how these results impact bullish and bearish narratives concerning the company's profitability and credit quality. While the stock trades below the industry P/B, analysts' price targets suggest caution regarding its future growth and profitability.
Fulton Financial completes acquisition of Blue Foundry Bancorp
Fulton Financial Corp. has completed its acquisition of New Jersey-based Blue Foundry Bancorp in an all-stock transaction valued at approximately $243 million. This acquisition expands Fulton's presence in the northern New Jersey market, making it a $34 billion financial services company. Blue Foundry Bank will operate as a separate subsidiary until a planned merger into Fulton Bank, N.A. this summer, and Fulton will contribute $1.5 million to its foundation for New Jersey community organizations.
Fulton Financial Expanding With Blue Foundry Bancorp Acquisition
Fulton Financial Corporation has acquired Blue Foundry Bancorp, expanding its presence in New Jersey and becoming a $34 billion financial services organization. Blue Foundry Bank will operate as a separate subsidiary before full integration into Fulton Bank later this year. This acquisition also includes a $1.5 million contribution to the Fulton Forward® Foundation to support New Jersey non-profits.
Fulton Financial Completes Acquisition of Blue Foundry Bancorp
Fulton Financial Corporation has successfully completed its acquisition of Blue Foundry Bancorp, expanding its presence in New Jersey and becoming a $34 billion financial services company. Blue Foundry Bank will operate as a separate subsidiary until this summer, when its operations will merge with Fulton Bank, N.A. As part of the acquisition, Fulton will contribute $1.5 million to the Fulton Forward® Foundation for nonprofit community organizations in New Jersey.
Fulton Financial Corporation finishes $243M acquisition of Blue Foundry Bancorp
Fulton Financial Corporation has successfully completed its $243 million acquisition of Blue Foundry Bancorp. Blue Foundry Bank will operate as a separate subsidiary until this summer when its operations will merge with Fulton Bank, N.A. In connection with the acquisition, Fulton will contribute $1.5 million to the Fulton Forward foundation for New Jersey community organizations.
Fulton Financial Expanding With Blue Foundry Bancorp Acquisition
Fulton Financial Corporation has acquired Blue Foundry Bancorp, expanding its presence in New Jersey and becoming a $34 billion financial services organization. Blue Foundry Bank will operate as a separate subsidiary before full integration into Fulton Bank later this year. Fulton also committed $1.5 million to its Fulton Forward® Foundation for New Jersey non-profits as part of the acquisition.
[Form 4] Blue Foundry Bancorp Insider Trading Activity
Blue Foundry Bancorp director Patrick H. Kinzler reported the disposition of all his Blue Foundry equity in connection with its merger with Fulton Financial Corporation. His common shares were converted into Fulton Financial common stock, and his stock options were cancelled for a cash payment. Kinzler now holds zero Blue Foundry shares or options.
Blue Foundry Bancorp (BLFY) director disposes shares, options in Fulton merger
John F. Kuntz, a director at Blue Foundry Bancorp (BLFY), has disposed of his remaining equity in the company, including 21,255 shares of common stock and 48,133 stock options, as part of its merger with Fulton Financial Corporation. This transaction resulted in him holding zero shares and options in Blue Foundry after the merger. The common shares converted into Fulton Financial common stock, and the stock options were cancelled for a cash payment based on the merger agreement's terms.
Blue Foundry (BLFY) SVP stock and options cancelled in Fulton merger
Thomas Packwood, SVP Chief Audit Officer of Blue Foundry Bancorp, disposed of his entire equity position in connection with the company's merger with Fulton Financial Corporation. This included 11,600 direct shares, 11,241 ESOP shares, and 5,000 401(k) shares. Additionally, 55,000 stock options with an exercise price of $11.69 were cancelled and converted into a cash payment based on the merger consideration price of $13.6435 per share.
Blue Foundry Announced Transfer or Voluntary Withdrawal of Listing
Blue Foundry Bancorp announced it requested Nasdaq to suspend trading and delist its common stock following its merger with Fulton on April 1, 2026. The company's common stock is no longer listed on Nasdaq, and Fulton plans to file Form 15 to terminate registration and suspend reporting obligations. This action was detailed in an SEC Form 8-K filing.
Blue Foundry Bancorp (BLFY) Nasdaq delisting notification filed
Blue Foundry Bancorp has filed a Form 25 notification for the removal of its common stock from listing and registration on the Nasdaq Stock Market LLC. This action signifies compliance with SEC rules for voluntary withdrawals and exchange delisting. Investors should note that delisting can impact a stock's visibility, trading volume, and price volatility.
Blue Foundry (NASDAQ: BLFY) closes merger into Fulton Financial
Blue Foundry Bancorp has completed its merger into Fulton Financial Corporation, with Fulton surviving the transaction. Blue Foundry common stock (BLFY) has been delisted from the Nasdaq, and former Blue Foundry stockholders will receive 0.650 shares of Fulton common stock for each BLFY share, totaling approximately 12,435,599 shares of Fulton common stock. Blue Foundry Bank will initially operate as a separate subsidiary before merging into Fulton Bank, N.A.
Fulton becomes a $34 billion bank with Blue Foundry deal
Fulton Financial Corporation has completed its acquisition of Blue Foundry Bancorp, making Fulton a $34 billion financial services company. Blue Foundry Bank will operate as a separate subsidiary until a planned merger into Fulton Bank later this summer, and Fulton has committed $1.5 million to its Fulton Forward Foundation to support New Jersey nonprofits. This acquisition expands Fulton's presence in attractive New Jersey markets.
Blue Foundry Bancorp 10-K: $95.3M Interest Income, $(0.51) EPS
Blue Foundry Bancorp reported total interest income of $95.3 million and a net interest income of $47.4 million for the year. This growth was driven by higher loan yields and an expansion of its loan book. Despite these revenue drivers, the company recorded a net loss of $(10.0) million, or $(0.51) per share, due to a higher provision and elevated non-interest expenses, including merger-related costs.
Blue Foundry Bancorp (NASDAQ:BLFY) Issues Earnings Results, Misses Estimates By $0.08 EPS
Blue Foundry Bancorp (NASDAQ:BLFY) reported quarterly earnings of ($0.18) per share, missing the consensus estimate by $0.08, despite revenue of $13.28 million which exceeded analyst expectations. Despite the earnings miss and a "Sell" rating from analysts, the stock rose 3.5% on increased trading volume, with institutional investors recently increasing their stakes, reaching 56.52% ownership. The company has a negative return on equity and net margin, and analysts have reissued a "sell" rating.
Blue Foundry Bancorp(NasdaqGS: BLFY) dropped from S&P Global BMI Index
Blue Foundry Bancorp (NasdaqGS:BLFY) has been dropped from the S&P Global BMI Index. This news follows several other recent developments for the company, including regulatory approvals for a merger with Fulton Financial and the reporting of its full-year earnings results for 2025. The company's stock was trading at 13.24 USD and its shares had been halted earlier pending material news.
BLFY SEC Filings - Blue Foundry Ban 10-K, 10-Q, 8-K Forms
This page provides access to Blue Foundry Bancorp (BLFY) SEC filings, including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms. It details the company's regulatory disclosures as the parent of Blue Foundry Bank, a New Jersey-chartered stock savings bank. Notable filings include an 8-K describing a merger agreement with Fulton Financial Corporation and another regarding a stock repurchase program.
Blue Foundry Bancorp (BLFY) CLO gets 7,500-share award, 12,297 withheld for taxes
Elyse D. Beidner, EVP and Chief Legal Officer of Blue Foundry Bancorp, received a grant of 7,500 shares of Common Stock as performance shares. To cover tax obligations related to this vesting, 12,297 shares were withheld by the issuer at a value of 13.6435 per share. Following these transactions, Beidner directly holds 16,998 shares and indirectly holds additional shares through a 401(k) and ESOP, along with stock options for 55,000 shares.
Blue Foundry Bancorp (BLFY) SVP stock grant and tax withholding
Blue Foundry Bancorp's SVP and Chief Audit Officer, Thomas Packwood, reported changes in his equity compensation. He received 5,750 shares of common stock as performance shares vested under the merger agreement between Fulton Financial Corporation and Blue Foundry Bancorp. To cover tax obligations, 8,400 shares were withheld by the issuer at $13.6435 per share, not an open-market sale, following which Packwood holds 11,600 shares directly, plus additional shares indirectly through an ESOP and 401(k), and stock options for 55,000 shares.
Blue Foundry Bancorp (BLFY) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
This article suggests that Blue Foundry Bancorp (BLFY) is nearing a support level and recommends buying the stock. It implies that the stock is currently undervalued and offers a potential buying opportunity for investors.
Blue Foundry Bancorp (BLFY) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
This article suggests that Blue Foundry Bancorp (BLFY) might soon find support, indicating it could be a good time to buy the stock. The analysis likely relies on technical indicators or market sentiment to predict this potential upward trend. Investors are encouraged to consider BLFY based on this prospective support.
BLFY SEC Filings - Blue Foundry Ban 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for investors to access SEC filings for Blue Foundry Bancorp (NASDAQ: BLFY), including 10-K reports, 10-Q earnings, 8-K material events, and insider trading forms. Key filings describe the proposed merger with Fulton Financial Corporation and recent stock repurchase programs. The platform also offers AI-powered tools to summarize filings and identify critical information.
Blue Foundry Bancorp (BLFY) Reports Q2 Loss, Tops Revenue Estimates
Blue Foundry Bancorp (BLFY) reported a wider-than-expected loss of $0.05 per share for the second quarter, but its revenue surpassed consensus estimates. The net loss for the quarter was $1.5 million, an increase from the $1.3 million loss in the prior-year quarter. Net interest income, however, saw a significant increase, driving the revenue beat.
Regulators approve Fulton Financial Corp. acquisition of Blue Foundry Bancorp
Regulators have approved Fulton Financial Corp.'s acquisition of Blue Foundry Bancorp. This significant step moves the acquisition closer to completion, marking a key development for both financial institutions. The approval paves the way for the merger of the two companies.
Blue Foundry Bancorp (BLFY) CFO reports routine tax share withholding
Blue Foundry Bancorp's EVP and CFO, Kelly Pecoraro, reported a routine tax-withholding transaction on March 6, 2026, involving 2,806 shares of common stock at $13.01 per share. This leaves her with 46,303 directly held shares, 6,483 shares indirectly through an ESOP, and stock options for 177,000 shares. The stock options have an exercise price of $11.69 and vest ratably over seven years starting October 19, 2023.
Blue Foundry (BLFY) CEO has 8,337 shares withheld to cover taxes
Blue Foundry Bancorp CEO James D. Nesci had 8,337 shares of common stock withheld to cover tax obligations on March 6, 2026, at a price of $13.01 per share. This was a routine tax-related disposition, not an open-market sale. Following this, Nesci directly holds 136,430 common shares and has additional indirect holdings and stock options for 570,450 underlying shares.
Blue Foundry Bancorp (BLFY) SVP reports tax-withheld shares and large option grant
Blue Foundry Bancorp's SVP Chief Audit Officer, Thomas Packwood, had 932 shares withheld to cover tax obligations on March 6, 2026. This non-market disposition occurred at $13.01 per share. Following this transaction, Packwood directly holds 14,250 common shares and indirectly holds additional shares through a 401(k) and ESOP, along with stock options for 55,000 underlying common shares.
Fulton Financial Receives Regulatory Approval to Acquire Blue Foundry
Fulton Financial Corporation and Blue Foundry Bancorp have received all necessary regulatory approvals for Fulton's planned acquisition of Blue Foundry. This all-stock transaction is expected to close around April 1, 2026, following shareholder approval from Blue Foundry. The deal will expand Fulton's impact across New Jersey.
Blue Foundry bank in North Jersey is being bought by larger firm
Fulton Bank in Pennsylvania is acquiring Blue Foundry bank in North Jersey for $243 million after receiving final regulatory approval. While the acquisition allows Fulton to expand into North Jersey, concerns have been raised about potential branch closures and charges of racial disparities in Fulton's mortgage lending practices. The deal is expected to close on April 1.
Fulton Financial’s Blue Foundry Deal Clears Regulators And Raises Integration Focus
Fulton Financial has secured all necessary regulatory approvals to acquire Blue Foundry Bancorp, marking a significant step towards expanding its regional presence. The deal's completion is now contingent on remaining conditions, shifting investor focus to the integration process and its financial implications. This acquisition aligns with Fulton's strategy to simplify operations and reinvest for growth, though it introduces integration and credit risks.
Fulton Financial’s Blue Foundry Deal Clears Regulators And Raises Integration Focus
Fulton Financial has secured all necessary regulatory approvals for its acquisition of Blue Foundry Bancorp, moving closer to expanding its regional footprint. With the regulatory hurdle cleared, investor attention now shifts to the closing conditions and the bank's integration strategy for Blue Foundry Bancorp. This deal is aligned with Fulton Financial's transformation goals and presents opportunities for a stronger regional presence, though risks associated with integration and credit quality remain.
BLFY Stock News Today | Earnings, Events & Price Alerts
This article provides news and event updates for Blue Foundry Bancorp (BLFY), primarily focusing on its acquisition by Fulton Financial (FULT). Key events include regulatory approvals for the merger, the transaction's expected completion around April 1, 2026, and the financial terms of the all-stock deal valued at approximately $243 million or $11.67 per share. The acquisition aims to expand Fulton's presence in northern New Jersey and is projected to be accretive to Fulton's earnings.
Fed Approves Fulton Financial's Acquisition of Blue Foundry Bancorp
The Federal Reserve Board has approved Fulton Financial's application to acquire Blue Foundry Bancorp and its subsidiary Blue Foundry Bank. This acquisition will enable Fulton Financial, a Pennsylvania-based company, to expand its presence in the New Jersey market by integrating Blue Foundry Bank's branch network and customer base. The approval was announced on February 20, 2026.
BLFY.O Technical Analysis & Stock Price Forecast
The article provides a detailed technical analysis for Blue Foundry Bancorp (BLFY), indicating a "Neutral" overall consensus based on various technical indicators. Key metrics like RSI, MACD, and moving averages are examined, along with support and resistance levels. The analysis helps investors understand the stock's current momentum and potential future movements.
Blue Foundry, Fulton Financial announce regulatory approvals, merger close date
Fulton Financial Corporation (FULT) and Blue Foundry Bancorp (BLFY) have received all necessary regulatory approvals from the Federal Reserve and the Office of the Comptroller of the Currency for their previously announced all-stock merger. Blue Foundry's stockholders approved the transaction on January 29, 2026. The merger, initially announced on November 24, 2025, is now expected to close around April 1, 2026, subject to customary closing conditions.
Regulators approve Fulton Financial Corp. acquisition of Blue Foundry Bancorp [Updated]
Fulton Financial Corp. has received all necessary regulatory approvals for its acquisition of Blue Foundry Bancorp, moving the all-stock transaction, valued at approximately $243 million, closer to completion. The move will expand Fulton's presence in the northern New Jersey market, enhancing its local market growth strategy. The acquisition is expected to finalize around April 1, pending customary closing conditions.
Fulton Financial Corporation Receives Regulatory Approval to Acquire Blue Foundry Bancorp
Fulton Financial Corporation and Blue Foundry Bancorp have received all necessary regulatory approvals from the Federal Reserve System and the Office of the Comptroller of the Currency for Fulton's acquisition of Blue Foundry. Blue Foundry stockholders also approved the transaction on January 29, 2026. This all-stock transaction, announced on November 24, 2025, is expected to close around April 1, 2026, deepening Fulton's presence in New Jersey.
Fulton Financial Corporation to Acquire Blue Foundry Bancorp in $243 Million All-Stock Transaction
Fulton Financial Corporation and Blue Foundry Bancorp have secured all necessary regulatory approvals for their previously announced $243 million all-stock merger. The acquisition, valued at $11.67 per share of Blue Foundry common stock, is expected to close around April 1, 2026. This merger will significantly expand Fulton's presence in New Jersey, combining both banks' community-focused approaches and offering enhanced resources and services to customers.
Fulton receives approvals for Blue Foundry acquisition
Fulton Financial Corporation has received all necessary regulatory approvals from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency for its acquisition of Blue Foundry Bancorp. Blue Foundry's stockholders approved the transaction on January 29, and the deal is expected to close around April 1, 2026, pending customary closing conditions. This acquisition will expand Fulton Financial's presence in New Jersey.
Fulton Financial Corporation to Acquire Blue Foundry Bancorp in $243 Million All-Stock Transaction
Fulton Financial Corporation and Blue Foundry Bancorp have received all necessary regulatory approvals for their $243 million all-stock merger. The transaction, initially announced in November 2025, is expected to close around April 1, 2026. This acquisition will strengthen Fulton's presence in New Jersey, combining Blue Foundry's community banking relationships with Fulton's resources and expanded offerings.
Blue Foundry Bancorp and Fulton Financial Corporation announce regulatory approvals and $243M merger closing date
Fulton Financial Corporation and Blue Foundry Bancorp have received all necessary regulatory approvals for their $243 million all-stock merger. The transaction, where each Blue Foundry share will convert to 0.6500 shares of Fulton stock, is expected to close around April 1, 2026. This merger aims to combine their operations and enhance their presence in New Jersey.
Regulators clear Fulton–Blue Foundry bank merger ahead of April 1 closing
Fulton Financial Corporation and Blue Foundry Bancorp have received all necessary regulatory approvals from the Federal Reserve System and the Office of the Comptroller of the Currency for their all-stock merger. Blue Foundry stockholders also approved the transaction on January 29, 2026. The merger, initially announced on November 24, 2025, is now anticipated to close on or around April 1, 2026, contingent on the satisfaction of remaining customary closing conditions.
Fulton to acquire Blue Foundry after receiving all regulatory approvals; closing around April 1, 2026
Fulton will acquire Blue Foundry in an all-stock merger, having received all necessary regulatory approvals. The Board of Governors of the Federal Reserve approved the application on February 19, 2026, and the OCC had previously approved the bank-level merger. The merger is expected to close around April 1, 2026, with Blue Foundry Bank subsequently merging into Fulton Bank.
All approvals in for Fulton’s all-stock acquisition of Blue Foundry (BLFY)
Blue Foundry Bancorp announced that all regulatory approvals for its all-stock merger with Fulton Financial Corporation have been received, alongside stockholder approval on January 29, 2026. The merger is now expected to close on or about April 1, 2026, subject to customary closing conditions. The announcement emphasizes the extensive forward-looking statements regarding potential risks, including integration challenges, dilution from stock issuance, and economic pressures.
Regulators clear Fulton (Nasdaq: FULT)–Blue Foundry all-stock bank merger
Fulton Financial Corporation announced that it has received all necessary regulatory approvals from the Federal Reserve Board and the Office of the Comptroller of the Currency for its all-stock merger with Blue Foundry Bancorp. Blue Foundry stockholders also approved the deal on January 29, 2026. The merger is now expected to close on or about April 1, 2026, subject to customary closing conditions, after which Blue Foundry Bank will merge into Fulton Bank.
Fulton Financial Announces Regulatory Approvals for Blue Foundry Merger, Expected Close Around April 1, 2026
Fulton Financial (FULT) has received all necessary regulatory approvals for its all-stock merger with Blue Foundry, expecting the transaction to close around April 1, 2026. The Federal Reserve and OCC have approved the merger, in which Blue Foundry will merge into Fulton, with Blue Foundry Bank also merging into Fulton Bank. Blue Foundry stockholders previously approved the deal on January 29, 2026.
FULTON FINANCIAL CORPORATION AND BLUE FOUNDRY BANCORP ANNOUNCE REGULATORY APPROVALS AND ANTICIPATED MERGER CLOSING DATE
Fulton Financial Corporation and Blue Foundry Bancorp have received all necessary regulatory approvals for their all-stock merger. Blue Foundry stockholders approved the transaction on January 29, 2026, and the merger is now expected to close around April 1, 2026, pending customary closing conditions. This acquisition aims to strengthen Fulton's presence and impact in New Jersey.
