BLFY

MKT CAP:$275M

Blue Foundry Bancorp

Market Cap

$275M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$13.24+$0.73 (+5.84%)

Apr 1, 2026

Company Details

Blue Foundry Bancorp operates as a bank holding company for Blue Foundry Bank, a savings bank that offers various banking products and services for individuals and businesses. The company offers deposits; and loans, such as one-to-four fami...

CEO

James D. Nesci

IPO Date

Jul 16, 2021

Website

www.bluefoundrybank.com

Key Metrics TTM

Revenue

$97M

+11.2% YoY

Net Income

-$10M

EPS (Diluted)

-$0.51

Free Cash Flow

-$8M

Revenue / Share

$4.94

Gross Margin

48.4%

Operating Margin

-10.3%

Net Margin

-10.3%

FCF Margin

-8.5%

P/S

2.8x

P/E

—

Earnings Reports

Q1 2026

Apr 29, 2026

PENDING

FY 2025

Mar 31, 2026

$97M+11.2%EPS -$0.51

Q4 2025

Mar 31, 2026

$25M+14.8%EPS -$0.19

Q3 2025

Nov 13, 2025

$25M+12.0%EPS -$0.10

Q2 2025

Aug 12, 2025

$24M+9.2%EPS -$0.10

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$15M	$14M	$602.0K
Q2 22	$15M	$13M	$43.0K
Q3 22	$17M	$15M	$1M
Q4 22	$18M	$14M	$725.0K
Q1 23	$19M	$12M	-$1M
Q2 23	$20M	$11M	-$2M
Q3 23	$21M	$11M	-$1M
Q4 23	$21M	$10M	-$3M
Q1 24	$21M	$10M	-$3M
Q2 24	$22M	$11M	-$2M
Q3 24	$22M	$9M	-$4M
Q4 24	$22M	$10M	-$3M
Q1 25	$23M	$11M	-$3M
Q2 25	$24M	$12M	-$2M
Q3 25	$25M	$12M	-$2M
Q4 25	$25M	$12M	-$4M

Valuation

Quarter	P/S	P/E
Q1 22	6.0x	—
Q2 22	5.5x	—
Q3 22	4.7x	—
Q4 22	5.0x	134.5x
Q1 23	3.3x	366.8x
Q2 23	3.2x	—
Q3 23	2.4x	—
Q4 23	2.7x	—
Q1 24	2.5x	—
Q2 24	2.4x	—
Q3 24	2.6x	—
Q4 24	2.4x	—
Q1 25	2.1x	—
Q2 25	2.1x	—
Q3 25	2.0x	—
Q4 25	2.6x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$366.0K	-$1M
Q2 22	-$2M	-$5M
Q3 22	$4M	$3M
Q4 22	$1M	$789.0K
Q1 23	-$4M	-$6M
Q2 23	-$1M	-$3M
Q3 23	$776.0K	-$476.0K
Q4 23	-$7M	-$8M
Q1 24	-$5M	-$5M
Q2 24	$14M	$14M
Q3 24	-$4M	-$4M
Q4 24	-$512.0K	-$613.0K
Q1 25	-$4M	-$4M
Q2 25	$2M	$2M
Q3 25	-$255.0K	-$70.0K
Q4 25	-$6M	-$6M

Capital Expenditures

Quarter	CapEx
Q1 22	$636.0K
Q2 22	$3M
Q3 22	$1M
Q4 22	$523.0K
Q1 23	$2M
Q2 23	$1M
Q3 23	$1M
Q4 23	$1M
Q1 24	$9.0K
Q2 24	$9.0K
Q3 24	$39.0K
Q4 24	$101.0K
Q1 25	$61.0K
Q2 25	$124.0K
Q3 25	$185.0K
Q4 25	$246.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	-0.5%	-12.4%
Q2 22	+6.0%	+0.7%
Q3 22	+17.9%	-55.8%
Q4 22	+21.3%	-5.9%
Q1 23	+33.0%	+47.5%
Q2 23	+31.0%	+43.3%
Q3 23	+19.6%	+39.0%
Q4 23	+16.1%	+37.9%
Q1 24	+10.2%	+17.6%
Q2 24	+8.4%	+10.0%
Q3 24	+6.7%	+18.1%
Q4 24	+6.2%	+4.4%
Q1 25	+8.5%	+6.9%
Q2 25	+9.2%	+6.7%
Q3 25	+12.0%	+1.8%
Q4 25	+14.8%	+16.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$322.0K	2.2%
Q2 22	$282.0K	1.8%
Q3 22	$392.0K	2.3%
Q4 22	$820.0K	4.6%
Q1 23	$939.0K	4.9%
Q2 23	$988.0K	4.9%
Q3 23	$909.0K	4.4%
Q4 23	$938.0K	4.5%
Q1 24	$995.0K	4.7%
Q2 24	$959.0K	4.4%
Q3 24	$1M	4.8%
Q4 24	$1M	4.8%
Q1 25	$1M	4.5%
Q2 25	$945.0K	4.0%
Q3 25	$998.0K	4.1%
Q4 25	$1M	4.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 22	$7M	$519.0K
Q2 22	$7M	$349.0K
Q3 22	$8M	$125.0K
Q4 22	$3M	$68.0K
Q1 23	$8M	$72.0K
Q2 23	$7M	$77.0K
Q3 23	$7M	$85.0K
Q4 23	$7M	$120.0K
Q1 24	$8M	$72.0K
Q2 24	$8M	$52.0K
Q3 24	$8M	$87.0K
Q4 24	$7M	$81.0K
Q1 25	$8M	$67.0K
Q2 25	$8M	$140.0K
Q3 25	$8M	$137.0K
Q4 25	—	$123.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$102M	$376M	$477M
Q2 22	$55M	$352M	$407M
Q3 22	$57M	$321M	$379M
Q4 22	$41M	$314M	$355M
Q1 23	$58M	$309M	$367M
Q2 23	$46M	$301M	$347M
Q3 23	$52M	$284M	$336M
Q4 23	$46M	$284M	$330M
Q1 24	$54M	$265M	$319M
Q2 24	$60M	$298M	$358M
Q3 24	$76M	$291M	$367M
Q4 24	$43M	$297M	$340M
Q1 25	$46M	$287M	$333M
Q2 25	$42M	$284M	$326M
Q3 25	$44M	$274M	$318M
Q4 25	$53M	$92M	$145M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	26M	+0.1%	-5.1%
Q2 22	26M	+0.1%	-5.1%
Q3 22	26M	-0.5%	+0.0%
Q4 22	26M	-0.9%	-1.1%
Q1 23	26M	-0.5%	-1.7%
Q2 23	24M	-6.3%	-8.0%
Q3 23	23M	-4.0%	-11.3%
Q4 23	23M	-1.9%	-12.2%
Q1 24	22M	-3.3%	-14.6%
Q2 24	22M	-1.6%	-10.4%
Q3 24	21M	-2.2%	-8.7%
Q4 24	21M	-2.1%	-8.8%
Q1 25	20M	-2.0%	-7.6%
Q2 25	20M	-1.4%	-7.4%
Q3 25	20M	-1.2%	-6.5%
Q4 25	20M	-1.2%	-5.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$83.0K	175
Q2 22	$87.8K	175
Q3 22	$98.1K	175
Q4 22	$91.0K	198
Q1 23	$97.6K	198
Q2 23	$101.7K	198
Q3 23	$103.7K	198
Q4 23	$116.8K	179
Q1 24	$119.0K	179
Q2 24	$121.9K	179
Q3 24	$122.5K	179
Q4 24	$120.7K	184
Q1 25	$125.6K	184
Q2 25	$129.6K	184
Q3 25	$133.4K	184
Q4 25	$134.9K	189

Revenue / Employee