BCB Bancorp Inc（BCBP）资讯与事件BCBPBCB Bancorp Inc

BCB Bancorp Files $100M Mixed Securities Shelf

BCB Bancorp files $100M mixed securities shelf

Company Reports Q2 Tangible Book Value Per Share of $14.73

Reports Q2 tangible book value per share $14.73. "We are actively conducting a comprehensive review of the Bank's loan portfolio with the assistance of independent consultants as part of our broader effort to strengthen the balance sheet and position the franchise for long-term success. It is too early in our evaluation to assess whether and to what extent additional loans, not captured in the second quarter results, may be impacted. While we remain focused on delivering sustainable operating performance, our immediate priority is to maintain disciplined balance sheet management and long-term value creation. As our evaluation continues in the third quarter, we will fully explore various alternatives to strengthen the credits or exit the relationships, which may include workouts and loan restructurings, such as potentially seeking additional collateral, interest rate adjustments, as well as select loan sales. In addition, the Bank has ceased originating residential mortgage, home equity, and consumer loans, as we believe the current risk-adjusted returns in these categories are not sufficiently attractive. At June 30, 2026, our capital remains above well capitalized. To help preserve capital at the bank and liquidity at the holding company, the board of directors agreed to suspend both common and preferred dividends at their June meeting. We have taken these steps that are focused on capital preservation to support our balance sheet strengthening initiatives and reinforce our commitment to building a safer, stronger, and more resilient institution." said Tom O'Brien, President and Chief Executive Officer of the Company and the Bank.

BCB Bancorp Suspends Quarterly Cash Dividends

BCB Bancorp's board voted to suspend payment of the company's quarterly cash dividends on its common and preferred stock. In connection with the suspension of its cash dividends, the board voted to suspend its 2026 Amended and Restated Dividend Reinvestment and Stock Purchase Plan. CEO Thomas O'Brien stated, "As I noted during my introductory call, we will be undergoing a fulsome evaluation of the Bank's credit portfolios, which will take some time. During that period, we will be focused on capital preservation and eliminating our quarterly dividend will conserve approximately $1.86M of capital per quarter. While this decision is difficult, we believe it is the most prudent course of action to preserve the Bank's "well-capitalized" position with a reasonable cushion and to support long-term shareholder value. We expect that the Bank will continue to support the company's debt service obligations given the parent company's limited cash position."