Blue Foundry Bancorp (BLFY) Expected to Announce Quarterly Earnings on Thursday
Blue Foundry Bancorp (BLFY) is anticipated to release its quarterly earnings before market open on Thursday, February 26th. Analysts project an EPS loss of ($0.10) and revenue of $12.853 million. Despite a recent upgrade to "Hold" by Wall Street Zen, the company currently holds an average analyst rating of "Sell."
Shareholder Approval Clears Path for Blue Foundry Bancorp Merger
Blue Foundry Bancorp shareholders have approved the company's merger with Fulton Financial Corporation, moving the all-stock transaction closer to completion. The merger is anticipated to finalize in the second quarter of 2026, pending regulatory approvals, and aims to strengthen Fulton's market presence in northern New Jersey. Investors are also awaiting Blue Foundry's Q4 2025 financial results for further insights.
Blue Foundry Bancorp Shareholders Approve Fulton Financial Merger Deal at Virtual Special Meeting
Blue Foundry Bancorp shareholders have officially approved the merger agreement with Fulton Financial Corporation during a virtual special meeting. The approval includes both the merger proposal and a separate proposal allowing for adjournment if needed to solicit further proxies or update materials. The meeting's official vote count confirmed that a majority of outstanding shares voted in favor, with a quorum being declared and the results certified by an inspector of election.
Blue Foundry Shareholders Approve Merger with Fulton Financial
Blue Foundry Bancorp shareholders have approved a merger agreement with Fulton Financial Corporation, making Fulton the surviving entity. The merger received substantial majority support from represented shares, clearing a key hurdle for the transaction. This move signals investor confidence in combining Blue Foundry with a larger banking group, potentially reshaping its future operations and competitive stance in regional banking.
Blue Foundry Bancorp shareholders approve merger with Fulton Financial
Shareholders of Blue Foundry Bancorp (NASDAQ:BLFY) have officially approved a merger with Fulton Financial Corporation. The agreement, originally signed in November 2025, will result in Blue Foundry Bancorp merging into Fulton Financial, with Fulton operating as the surviving entity. This acquisition, valued at approximately $243 million, involves an all-stock deal where Blue Foundry shareholders will receive 0.6500 shares of Fulton common stock for each share they own, expanding Fulton's presence in northern New Jersey.
Blue Foundry Bancorp (BLFY) to Release Quarterly Earnings on Wednesday
Blue Foundry Bancorp (NASDAQ:BLFY) is scheduled to announce its Q4 2025 earnings before market open on Wednesday, February 4th. Analysts anticipate the company will report a loss of ($0.08) per share for the quarter. In its previous earnings report, Blue Foundry Bancorp met analyst estimates with a loss of ($0.10) per share on revenues of $12.61 million.
Blue Foundry Bancorp sets January 29, 2026 vote on $243 million all-stock merger with Fulton Financial
Blue Foundry Bancorp (BLFY) has scheduled a special meeting for January 29, 2026, where shareholders will vote on the proposed $243 million all-stock merger with Fulton Financial. The merger agreement, announced in July, positions the combined entity to manage approximately $29 billion in assets. BLFY shareholders are expected to receive 0.3347 shares of Fulton Financial (FULT) common stock for each BLFY share they own.
Fulton Financial Q4 2025 slides: EPS beats expectations, Blue Foundry acquisition ahead
Fulton Financial Corporation (NASDAQ:FULT) exceeded Q4 2025 EPS expectations with $0.55, although revenue slightly missed forecasts. The company also announced the acquisition of Blue Foundry Bancorp, expected to close in Q2 2026, which will expand its presence in New Jersey and is projected to be immediately accretive to tangible book value and over 5% accretive to EPS. For 2026, Fulton Financial provided guidance including net interest income of $1.120-$1.140 billion and anticipates mid-single-digit organic loan growth alongside the acquisition.
Blue Foundry Bancorp (NASDAQ:BLFY) Sees Large Increase in Short Interest
Blue Foundry Bancorp (NASDAQ:BLFY) experienced a significant 35.1% increase in short interest in December, totaling 467,164 shares, representing about 2.4% of shares outstanding. The company's stock trades around $12.75 with a 52-week range of $7.61–$13.13, and it has reported negative EPS and net margins. Analysts maintain a cautious outlook, with an average "Reduce" rating and a consensus target price of $10.00.
GLAZER CAPITAL, LLC Acquires Significant Stake in Blue Foundry B
GLAZER CAPITAL, LLC has acquired 1,779,895 shares of Blue Foundry Bancorp (BLFY) for $12.82 per share, making it a new holding that represents 0.83% of their portfolio. The acquisition signals GLAZER CAPITAL's strategic interest in the banking sector and Blue Foundry Bancorp's potential growth, despite the bank's current financial challenges reflected in its profitability rank and declining revenue growth. The bank is currently valued at $12.75, slightly below the purchase price, but shows positive earnings growth and a strong momentum rank.
Blue Foundry Bancorp sets January 29, 2026 vote on $243 million all-stock merger with Fulton Financial
Blue Foundry Bancorp has scheduled a special meeting for January 29, 2026, for its stockholders to vote on the proposed $243 million all-stock merger with Fulton Financial Corp. The merger agreement, announced in July 2025, values Blue Foundry Bancorp at approximately $14.90 per share. The transaction is expected to close in the first quarter of 2026, subject to regulatory and stockholder approvals.
Blue Foundry Corporation Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Blue Foundry Bancorp - BLFY
Kahn Swick & Foti, LLC (KSF) has launched an investigation into the proposed sale of Blue Foundry Bancorp (NasdaqGS: BLFY) to Fulton Financial Corporation (NasdaqGS: FULT). KSF is examining whether the proposed consideration of 0.65 shares of Fulton Financial per Blue Foundry share and the process leading to the transaction are adequate, or if the offer undervalues Blue Foundry Bancorp. Shareholders are invited to contact KSF to discuss their legal rights if they believe the transaction undervalues the company.
Blue Foundry Corporation Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Blue Foundry Bancorp - BLFY
Kahn Swick & Foti, LLC (KSF) is investigating the proposed sale of Blue Foundry Bancorp (NasdaqGS: BLFY) to Fulton Financial Corporation (NasdaqGS: FULT). The law firm is examining whether the offered consideration of 0.65 shares of Fulton Financial Corporation for each Blue Foundry share and the sale process are adequate, or if the Company is undervalued. Shareholders are encouraged to contact KSF for a discussion of their legal rights regarding the transaction.
Blue Foundry Bancorp launches accounts with $600 bonus offer
Blue Foundry Bancorp has introduced new checking and savings accounts under its Blue Axis Edge® brand, offering potential earnings of up to $600. This initiative aims to help customers achieve their financial goals for the upcoming year by providing a significant opportunity to enhance their savings. The launch aligns with the bank's strategy to boost customer engagement, complementing previous efforts like its referral program.
Lancaster County bank plans to acquire N.J. company
Lancaster-based Fulton Bank announced plans to acquire New Jersey-based Blue Foundry Bancorp in a deal valued at approximately $243 million. The acquisition, expected to close in Q2 2026, will expand Fulton Bank's presence in northern New Jersey and includes a $1.5 million contribution to the Fulton Forward Foundation for New Jersey community organizations. The boards of both companies have unanimously approved the agreement.
Blue Foundry Bancorp Sets January 29, 2026 Vote on $243 Million All-Stock Merger With Fulton Financial
Blue Foundry Bancorp (BLFY) has scheduled a special virtual meeting for January 29, 2026, for shareholders to vote on an all-stock merger with Fulton Financial Corporation. The deal, valued at approximately $243 million, involves Blue Foundry merging into Fulton and Blue Foundry Bank combining with Fulton Bank, N.A., with Blue Foundry shareholders receiving 0.650 shares of Fulton common stock for each of their shares. The board unanimously recommends approval of the merger, which aims to expand Fulton's footprint and offer Blue Foundry shareholders equity in a larger regional banking platform.
Blue Foundry Bancorp Sets January 29, 2026 Vote on $243 Million All-Stock Merger With Fulton Financial
Blue Foundry Bancorp has scheduled a virtual special meeting for January 29, 2026, for shareholders to vote on a $243 million all-stock merger with Fulton Financial. Each Blue Foundry share will convert into 0.650 Fulton shares, with the deal expected to close after shareholder approval. The merger would expand Fulton's footprint and provide Blue Foundry shareholders equity in a larger regional banking platform.
Blue Foundry Bancorp launches referral program offering gift cards
Blue Foundry Bancorp has introduced a new Refer-A-Friend Program, offering gift cards to both existing customers and new account holders. The program awards $25 for personal accounts and $50 for business accounts, aiming to boost customer engagement and expand the bank's client base. This initiative aligns with the bank's continued focus on customer security, as previously emphasized through warnings against holiday fraud.
Blue Foundry Bancorp (NASDAQ:BLFY) Trading Up 0.3% - What's Next?
Blue Foundry Bancorp (NASDAQ:BLFY) saw its stock trade up 0.3% on Tuesday, closing at $12.63 with a 57% decrease in trading volume compared to its average. Analysts currently hold a "Reduce" rating with a consensus price target of $10.00, despite a recent upgrade from "sell" to "hold" by Wall Street Zen. The company reported Q3 EPS in line with estimates at -$0.10, and analysts anticipate a full-year EPS of -$0.47.
Blue Foundry (BLFY) to be acquired by $32B Fulton Financial
Fulton Financial Corporation plans to acquire Blue Foundry Bancorp, with Blue Foundry Bank merging into Fulton Bank, forming a combined $34 billion community bank. The transaction is expected to close in Q2 2026, pending shareholder and regulatory approvals. This merger will expand Fulton's presence in northern New Jersey and offer Blue Foundry customers a broader range of financial services and locations.
Fulton Financial to acquire Blue Foundry Bancorp in $243 million deal
Fulton Financial Corporation announced it will acquire Blue Foundry Bancorp in an all-stock deal valued at approximately $243 million. This acquisition, expected to close in Q2 2026, aims to expand Fulton's presence in northern New Jersey and is projected to be accretive to Fulton's earnings and tangible book value. The deal follows a period where Blue Foundry’s shares experienced a significant decline.
Blue Foundry Combining with Fulton Financial in an All-Stock Merger
Fulton Financial Corporation will acquire Blue Foundry Bancorp in an all-stock transaction valued at $243 million. This merger, expected to close in Q2 2026, aims to accelerate Fulton's growth in northern New Jersey and is projected to be accretive to first full-year earnings by over 5%. Both companies' boards have approved the agreement, emphasizing shared values and expanded customer services.
BLFY Merger Investigation: Halper Sadeh LLC is Investigating Whether the Sale of Blue Foundry Bancorp is Fair to Shareholders
Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Blue Foundry Bancorp (NASDAQ: BLFY) to Fulton Financial Corporation. The firm is examining whether the sale, at 0.65 shares of Fulton Financial common stock per BLFY share, is fair to Blue Foundry shareholders and if the board breached its fiduciary duties. Shareholders are encouraged to contact Halper Sadeh to discuss their rights and options.
Fulton Financial and Blue Foundry Bancorp To Merge
Fulton Financial Corporation announced a definitive merger agreement to acquire Blue Foundry Bancorp in an all-stock transaction valued at approximately $243 million. This acquisition will expand Fulton's presence in the northern New Jersey market and is expected to close in the second quarter of 2026. Both companies emphasize their shared commitment to community-focused banking and enhancing customer services.
Fulton Financial, Blue Foundry Bancorp combining in all-stock merger
Fulton Financial Corporation and Blue Foundry Bancorp have announced an all-stock merger, valued at approximately $243 million. This transaction will expand Lancaster-based Fulton Financial’s presence in northern New Jersey markets. The merger, unanimously approved by both boards, is expected to close in the second quarter of 2026 and be accretive to Fulton's first full-year earnings by over 5%.
Fulton Financial Corporation acquires Blue Foundry Bancorp for $243M
Fulton Financial Corporation announced its acquisition of Blue Foundry Bancorp in an all-stock transaction valued at approximately $243 million. This strategic move aims to expand Fulton's presence in the Northern New Jersey market, enhancing its banking services and customer base. The transaction, unanimously approved by both boards, is expected to close in Q2 2026, subject to regulatory and stockholder approvals.
Fulton Financial To Acquire Blue Foundry Bancorp In Merger Valued At $243 Million
Fulton Financial Corporation announced its definitive agreement to acquire Blue Foundry Bancorp in an all-stock transaction worth approximately $243 million. This acquisition will expand Fulton's presence in northern New Jersey and is expected to close in Q2 2026, pending regulatory and shareholder approvals. The deal is projected to be accretive to Fulton's first full-year earnings and immediately accretive to tangible book value per share.
Blue Foundry Bank to Merge Into Fulton Bank in 2026 All-Stock Transaction
Fulton Financial Corporation announced it will acquire Blue Foundry Bancorp in an all-stock transaction valued at approximately $243 million. This merger, expected to close in Q2 2026, will expand Fulton's presence in northern New Jersey and is projected to be accretive to first full-year earnings by over 5%. Both companies' boards have unanimously approved the agreement, aiming to leverage Fulton's services while maintaining Blue Foundry's personalized customer approach.
Fulton Financial to acquire North Jersey. bank
Fulton Financial Corporation has announced a definitive merger agreement to acquire Blue Foundry Bancorp through an all-stock transaction valued at $243 million. This acquisition, expected to close in Q2 2026, aims to expand Fulton's presence in the northern New Jersey market, building on its previous acquisitions and leveraging its robust banking services for an expanded customer base. The merger will combine two community-focused banks, with Blue Foundry Bank merging into Fulton Bank, N.A.
Blue Foundry Bancorp (BLFY): Revenue Growth Outpaces Market, But Profitability Remains Out of Reach
Blue Foundry Bancorp (BLFY) shows promising revenue growth, projected to increase by 22.09% annually, significantly outpacing the broader US market. Despite reducing its losses by an average of 26.4% over the past five years, the company is not expected to achieve profitability within the next three years, raising concerns about its long-term financial stability. Its current price-to-book ratio is 0.5x, which is below industry averages, suggesting potential value but also reflecting persistent profitability issues.
Blue Foundry Bancorp Reports Third Quarter 2025 Results
Blue Foundry Bancorp reported a net loss of $1.9 million for the third quarter of 2025, an improvement compared to previous periods. The company experienced growth in net interest income, loan and deposit portfolios, and repurchased shares during the quarter. Management emphasizes a focus on diversifying its loan portfolio, enhancing shareholder value, and improving profitability.
Blue Foundry Bancorp Narrows Losses And Expands Loan Portfolio
Blue Foundry Bancorp significantly reduced its Q3 2025 net loss to $1.9 million and grew its loan portfolio and deposits, while also improving its net interest margin. Despite these improvements and a share buyback, analysts maintain a cautious 'hold' rating, reflecting skepticism compared to its regional peers. The bank's focus on efficiency and risk control aligns with broader trends among US regional banks navigating challenging economic conditions.
Blue Foundry Bancorp (BLFY) Loss Reduction Rate Reinforces Focus on Unprofitable Status, Discounted Valuation Persists
Blue Foundry Bancorp (BLFY) has successfully reduced losses by 27.9% annually over the last five years, but remains unprofitable with no clear path to revenue or margin growth. Despite a discounted Price-to-Book ratio of 0.5x compared to peers (0.8x) and the industry (1x), the absence of explicit forward profit guidance suggests that its low valuation reflects ongoing business risks rather than an undervaluation. Investors are focused on cost controls, waiting for signs of fundamental operating strength and revenue improvement.
Blue Foundry Bancorp (BLFY) Reports Q3 Loss, Tops Revenue Estimates
Blue Foundry Bancorp (BLFY) reported a Q3 loss of $0.10 per share, meeting Zacks Consensus Estimate and showing an improvement from a $0.19 loss a year ago. The company's revenues for the quarter reached $12.61 million, surpassing estimates by 2.08% and significantly increasing from $9.47 million in the prior year. Despite underperforming the S&P 500 year-to-date, the stock holds a Zacks Rank #3 (Hold), indicating it is expected to perform in line with the market.
Blue Foundry Bancorp Reports Third Quarter 2025 Results
Blue Foundry Bancorp reported a net loss of $1.9 million, or $0.10 per diluted common share, for the third quarter of 2025, an improvement from previous quarters. The company saw an expansion in its net interest margin and growth in loans and deposits, with a strategic focus on diversifying its loan portfolio and attracting core deposits. Tangible book value per share exceeded $15, and the company repurchased 837,388 shares during the quarter.
Blue Foundry Bancorp (NASDAQ:BLFY) vs. Flagstar Financial (NYSE:FLG) Head to Head Comparison
This article provides a head-to-head comparison of Blue Foundry Bancorp and Flagstar Financial, analyzing their volatility, insider and institutional ownership, valuation, earnings, analyst recommendations, and profitability. Flagstar Financial is generally favored over Blue Foundry Bancorp across most metrics. The comparison aims to help investors understand the differences between these two banking companies.
Developer inks final retail tenant in Dunellen's downtown transit village - Central New Jersey News
MB Dental Care has leased the final retail space in The Nell apartment community in Dunellen, bringing the development's retail building to full occupancy. This dental office joins Blue Foundry Bank and Kessler Rehabilitation Center, completing the retail offerings in the mixed-use development which also includes 252 rental apartments and 130 for-sale townhomes. The project, developed by Prism Capital Partners, aims to integrate with Dunellen's downtown and meet community needs.
(BLFY) Risk Channels and Responsive Allocation - news.stocktradersdaily.com
Stock Traders Daily provides an AI-generated analysis for Blue Foundry Bancorp (NASDAQ: BLFY), indicating a near-term neutral sentiment amidst mid and long-term weakness. The report highlights a significant short setup with an exceptional risk-reward ratio and outlines specific institutional trading strategies for various risk profiles. Multi-timeframe signal analysis is presented, along with the current AI-generated signals for BLFY.
Prism, dental practice ink lease to fill last retail space at The Nell in Dunellen - Real Estate NJ
Prism Capital Partners has successfully leased the final retail space at The Nell, a mixed-use development in Dunellen, to MB Dental Care. This 3,800-square-foot lease completes the retail component, which also includes Blue Foundry Bank and Kessler Rehabilitation Center, serving the community alongside residential units. The Nell development aims to integrate seamlessly with Dunellen's downtown, revitalizing a former industrial property into a vibrant hub.
Q3 2025 Earnings: Blue Foundry Bancorp to Release Results Oct 29; Webcast at 11:00 AM ET
Blue Foundry Bancorp (NASDAQ: BLFY) announced it will release its third-quarter 2025 financial results on the morning of Wednesday, October 29, 2025. The company will host a live conference call and webcast for investors and analysts on the same day at 11:00 AM ET to discuss the earnings and answer questions. The earnings release will be available on the company’s investor relations website and SEC.gov.
Earnings call transcript: Blue Foundry Bancorp Q2 2025 reports narrower EPS loss
Blue Foundry Bancorp (BLFY) reported a narrower-than-expected net loss of $0.10 per diluted share for Q2 2025, beating the forecasted loss of $0.12. The company also surpassed revenue expectations with $12.04 million against a forecast of $11.8 million, leading to a 1.81% rise in its stock in pre-market trading. Key strategic objectives achieved include expanding net interest margin, growing core deposits, and diversifying its loan portfolio, positioning the company for limited expansion in the coming quarters and more significant improvements in 2026.
Patricia A. Langdale Obituary (2025) - Warwick, NY - Lazear-Smith & Vander Plaat Memorial Home
Patricia A. Langdale, affectionately known as Patty, passed away at 64 on June 17, 2025, after a courageous battle with cancer. She was a beloved wife, mother, sister, and friend, known for her warmth and humor. Patty retired as a branch manager from Blue Foundry Bank in 2023 and resided in Warwick, NY, with her husband Jeremy.
Housing, pool, supermarket, roof deck: Hackensack Print House opens Phase 2
Phase 2 of the Hackensack Print House residential development, featuring 425 new units, has opened. The project, located on the former site of The Record's headquarters, includes a Lidl grocery store opening in 2025 and numerous other amenities. This marks a significant step in the 20-acre Print House development, which will eventually contain 696 units and 40,000 square feet of retail space.
Union Police Department celebrates its fifth Coffee with a Cop Day
The Union Police Department hosted its fifth annual Coffee with a Cop Day, an event designed to foster communication and positive interactions between law enforcement and the community. The event, organized by Police Officer Ricardo Santos, was sponsored by Blue Foundry Bank and featured donations from local businesses. Community members and officials expressed appreciation for the initiative, highlighting its role in building trust and promoting neighborhood safety.
Lidl Signs Lease to Open Hackensack Grocery Store
Lidl has signed a lease to open a new grocery store in Hackensack, New Jersey, within the Print House development. This expansion continues the Germany-based chain's growth in the state, with the store expected to open in 2025. The Print House, a mixed-use development, recently completed its second and final phase, adding luxury homes and various retail tenants alongside Lidl.
22 New Jersey bankers recognized as rising stars
The New Jersey Bankers Association announced its 2023 Rising Star Awards, recognizing 22 bankers for their leadership, industry contributions, and community commitment. Honorees were nominated by their banks and selected by an independent panel of judges. The list includes individuals from various banks across New Jersey and surrounding areas, highlighting their diverse roles and impacts.
Blue Foundry Bank unveils reimagined branch in Rochelle Park
Blue Foundry Bank has unveiled its newly redesigned branch in Rochelle Park, emphasizing an innovative and customer-centric environment. The remodel, completed by DMR Architects, aims to provide personalized banking support. To mark the grand reopening, the Blue Foundry Charitable Foundation awarded grants to New Concepts for Living and the Center for Hope & Safety.
Blue Foundry Bancorp Reports Second Quarter 2023 Results
Blue Foundry Bancorp reported a net loss of $1.8 million, or $0.08 per diluted common share, for the second quarter of 2023, attributed to the inverted yield curve and competitive rate environment. Despite the loss, the company maintained a strong capital position, increased deposits by 1.8%, and saw a decrease in non-interest expenses. Blue Foundry Bancorp is actively diversifying its lending franchise, with total loans increasing by $36.6 million in the first half of 2023.
Banking on Beauty: Blue Foundry Bank Administrative Office
Blue Foundry Bank relocated its administrative office to a renovated 41,000-square-foot space in Parsippany in 2021, immediately following its initial public offering. The new office design emphasizes collaboration, flexibility, and employee well-being, featuring reservable sit/stand desks, lounges, and unique amenities like a meditation room and a cafeteria with wine, beer, and kombucha. This move showcases the bank's commitment as an empowering employer and its innovative approach to workplace design.
Starbucks, Jersey Mike’s among new retailers at Hackensack’s Print House, NAI Hanson says
Starbucks and Jersey Mike's are joining the Print House mixed-use development in Hackensack, New Jersey, located on the former Bergen Record site. These new tenants, along with previously announced Blue Foundry Bank and Hackensack Meridian Health, contribute to the retail leasing success of the project, which also features luxury apartments. The development aims to revitalize the area with residential, retail, and public outdoor spaces along the Hackensack River.
