Blue Foundry Bancorp (FRA:5P8) Efficiency Overhead Ratio % : 0.00% (As of . 20)

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What is Blue Foundry Bancorp Efficiency Overhead Ratio %?

Efficiency Overhead Ratio % for banks is non-interest expenses divided by revenue. It helps show how well banks control their overhead expenses. A lower Efficiency Overhead Ratio suggests that the bank is operating better.

The historical rank and industry rank for Blue Foundry Bancorp's Efficiency Overhead Ratio % or its related term are showing as below:

FRA:5P8's Efficiency Overhead Ratio % is not ranked ^*
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Efficiency Overhead Ratio % only.

Blue Foundry Bancorp Efficiency Overhead Ratio % Historical Data

The historical data trend for Blue Foundry Bancorp's Efficiency Overhead Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Blue Foundry Bancorp Efficiency Overhead Ratio % Chart

Blue Foundry Bancorp (FRA:5P8) Efficiency Overhead Ratio % Calculation

Efficiency Overhead Ratio % is calculated as

Efficiency Overhead Ratio %

Non-interest Expenses

Revenue

Blue Foundry Bancorp (FRA:5P8) Efficiency Overhead Ratio % Explanation

Efficiency Overhead Ratio % is typically used to analyze how well a company uses its assets and liabilities. It typically calculates the turnover of receivables, the repayment of liabilities, etc. In the banking industry, Efficiency Overhead Ratio % specifically refers to non-interest expenses divided by revenue. This ratio shows how well banks control their overhead expenses and allows analysts to assess their performance.

An Efficiency Overhead Ratio lower than 50% is considered to be optimal. If the Efficiency Overhead Ratio decreases, it means the bank’s expenses are decreasing and revenues are increasing, suggesting the bank is operating better.

Blue Foundry Bancorp Efficiency Overhead Ratio % Related Terms

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Blue Foundry Bancorp (FRA:5P8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Blue Foundry Bancorp (FRA:5P8) » Definitions » Efficiency Overhead Ratio %

Comparable Companies

Traded in Other Exchanges

BLFY:USA

Address

19 Park Avenue, Rutherford, NJ, USA, 07070

Website

https://www.bluefoundrybank.com

Blue Foundry Bancorp is a full-service bank. Its business consists of originating one-to-four-family residential, multi-family, and non-residential real estate mortgages, home equity loans and lines of credit, construction, and commercial and industrial loans. It attracts retail deposits from the general public in the areas surrounding its banking offices, through its borrowers, and through its online presence, offering a wide variety of deposit products. The bank also invests in securities. Its revenues are derived from interest on loans and, to a lesser extent, interest on mortgage-backed and other investment securities. The company's sources of funds are deposits, principal, and interest payments on loans, securities, and borrowings from the Federal Home Loan Bank of New York.

Blue Foundry Bancorp (FRA:5P8) Headlines

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