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Blue Foundry Bancorp (Blue Foundry Bancorp) Net Cash per Share : $-55.47 (As of Dec. 2023)


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What is Blue Foundry Bancorp Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Blue Foundry Bancorp's Net Cash per Share for the quarter that ended in Dec. 2023 was $-55.47.

The historical rank and industry rank for Blue Foundry Bancorp's Net Cash per Share or its related term are showing as below:

BLFY's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 13
* Ranked among companies with meaningful Price-to-Net-Cash only.

Blue Foundry Bancorp Net Cash per Share Historical Data

The historical data trend for Blue Foundry Bancorp's Net Cash per Share 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.

* Premium members only.

Blue Foundry Bancorp Net Cash per Share Chart

Blue Foundry Bancorp Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
-46.38 -42.34 -36.70 -47.02 -55.47

Blue Foundry Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -47.02 -49.25 -53.63 -54.24 -55.47

Competitive Comparison of Blue Foundry Bancorp's Net Cash per Share

For the Banks - Regional subindustry, Blue Foundry Bancorp's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blue Foundry Bancorp's Price-to-Net-Cash Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Blue Foundry Bancorp's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Blue Foundry Bancorp's Price-to-Net-Cash falls into.



Blue Foundry Bancorp Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Blue Foundry Bancorp's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(46.025+283.766-1689.323-0)/24.51
=-55.47

Blue Foundry Bancorp's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(46.025+283.766-1689.323-0)/24.51
=-55.47

* 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.


Blue Foundry Bancorp  (NAS:BLFY) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Blue Foundry Bancorp Net Cash per Share Related Terms

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Blue Foundry Bancorp (Blue Foundry Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
19 Park Avenue, Rutherford, NJ, USA, 07070
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.
Executives
James Christopher Ely director 19 PARK AVENUE, RUTHERFORD NJ 07070
Jonathan M. Shaw director 19 PARK AVENUE, RUTHERFORD NJ 07070
Elizabeth Varki Jobes director 640 LEE ROAD, CHESTERBROOK PA 19087
Robert Thomas Goldstein director 19 PARK AVENUE, RUTHERFORD NJ 07070
Kenneth Grimbilas director 19 PARK AVENUE, RUTHERFORD NJ 07070
Jason M. Goldberg officer: EVP and Chief Lending Officer 19 PARK AVENUE, RUTHERFORD NJ 07070
James D Nesci director, officer: President and CEO 830 BERGEN AVENUE, JERSEY CITY NJ 07306
Robert Rowe officer: EVP and Chief Risk Officer C/O CIT GROUP INC., ATTN:GENERAL COUNSEL, 1 CIT DRIVE, LIVINGSTON NJ 07039
Patrick H. Kinzler director 19 PARK AVENUE, RUTHERFORD NJ 07070
Margaret Letsche director 19 PARK AVENUE, RUTHERFORD NJ 07070
Kelly Pecoraro officer: EVP and CFO 19 PARK AVENUE, RUTHERFORD NJ 07070
Alexander Agnoletto officer: Controller and Interim CFO 19 PARK AVENUE, RUTHERFORD NJ 07070
Brent Michael Ciurlino officer: EVP and CCO 19 PARK AVENUE, RUTHERFORD NJ 07070
Elizabeth Marie Miller officer: EVP and CRO 19 PARK AVENUE, RUTHERFORD NJ 07070
Aleksander Malkiman officer: EVP and Chief Tech Officer 19 PARK AVENUE, RUTHERFORD NJ 07070

Blue Foundry Bancorp (Blue Foundry Bancorp) Headlines