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Blue Foundry Bancorp (Blue Foundry Bancorp) Price-to-Tangible-Book : 0.61 (As of Apr. 27, 2024)


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What is Blue Foundry Bancorp Price-to-Tangible-Book?

As of today (2024-04-27), Blue Foundry Bancorp's share price is $8.78. Blue Foundry Bancorp's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $14.51. Hence, Blue Foundry Bancorp's Price to Tangible Book Ratio of today is 0.61.

The historical rank and industry rank for Blue Foundry Bancorp's Price-to-Tangible-Book or its related term are showing as below:

BLFY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.59   Med: 0.9   Max: 0.9
Current: 0.61

During the past 5 years, Blue Foundry Bancorp's highest Price to Tangible Book Ratio was 0.90. The lowest was 0.59. And the median was 0.90.

BLFY's Price-to-Tangible-Book is ranked better than
75.61% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs BLFY: 0.61

A closely related ratio is called PB Ratio. As of today, Blue Foundry Bancorp's share price is $8.78. Blue Foundry Bancorp's Book Value per Sharefor the quarter that ended in Dec. 2023 was $14.51. Hence, Blue Foundry Bancorp's P/B Ratio of today is 0.61.


Blue Foundry Bancorp Price-to-Tangible-Book Historical Data

The historical data trend for Blue Foundry Bancorp's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Blue Foundry Bancorp Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - 0.90 0.90 0.67

Blue Foundry Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 0.90 0.68 0.70 0.59 0.67

Competitive Comparison of Blue Foundry Bancorp's Price-to-Tangible-Book

For the Banks - Regional subindustry, Blue Foundry Bancorp's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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-Tangible-Book Distribution in the Banks Industry

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

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



Blue Foundry Bancorp Price-to-Tangible-Book Calculation

Blue Foundry Bancorp's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=8.78/14.51
=0.61

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Blue Foundry Bancorp Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Blue Foundry Bancorp's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


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

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