BSBK

MKT CAP:$107M

Bogota Financial Corp.

Market Cap

$107M

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

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$8.59-$0.04 (-0.50%)

Apr 21, 2026

Company Details

Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States. It offers deposit accounts, including demand accounts, savings accounts, money market acco...

CEO

Kevin Pace

IPO Date

Jan 16, 2020

Website

www.bogotasavingsbank.com

Key Metrics TTM

Revenue

$45M

+4.0% YoY

Net Income

$2M

EPS (Diluted)

$0.17

Free Cash Flow

-$877M

Revenue / Share

$3.56

Gross Margin

38.9%

Operating Margin

4.6%

Net Margin

4.7%

FCF Margin

-1956.7%

P/S

2.4x

P/E

51.2x

Earnings Reports

Q1 2026

May 4, 2026

PENDING

FY 2025

Mar 27, 2026

$45M+3.9%EPS $0.17

Q4 2025

Mar 27, 2026

$11M+2.0%EPS $0.05

Q3 2025

Nov 12, 2025

$11M+0.0%EPS $0.04

Q2 2025

Aug 13, 2025

$11M+0.6%EPS $0.02

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$7M	$5M	$2M
Q2 22	$7M	$6M	$2M
Q3 22	$8M	$6M	$3M
Q4 22	$9M	$6M	$3M
Q1 23	$9M	$5M	$1M
Q2 23	$10M	$5M	$1M
Q3 23	$10M	$4M	-$154.3K
Q4 23	$10M	$3M	-$2M
Q1 24	$10M	$3M	-$727.8K
Q2 24	$11M	$3M	-$713.9K
Q3 24	$11M	$3M	-$620.2K
Q4 24	$11M	$3M	-$480.2K
Q1 25	$12M	$5M	$702.9K
Q2 25	$11M	$4M	$171.8K
Q3 25	$11M	$4M	$527.5K
Q4 25	$11M	$5M	$670.3K

Valuation

Quarter	P/S	P/E
Q1 22	5.4x	25.1x
Q2 22	5.4x	24.8x
Q3 22	5.0x	21.0x
Q4 22	4.7x	21.7x
Q1 23	3.8x	20.2x
Q2 23	3.0x	19.1x
Q3 23	2.5x	25.2x
Q4 23	2.7x	163.4x
Q1 24	2.3x	—
Q2 24	2.1x	—
Q3 24	1.1x	—
Q4 24	1.0x	—
Q1 25	0.9x	—
Q2 25	2.2x	—
Q3 25	2.6x	239.8x
Q4 25	2.4x	51.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$8M	$8M
Q2 22	-$2M	-$2M
Q3 22	$3M	$3M
Q4 22	$2M	$2M
Q1 23	$1M	$1M
Q2 23	$376.9K	$307.9K
Q3 23	$68.0K	-$34.1K
Q4 23	-$224.3K	-$277.7K
Q1 24	-$3M	-$3M
Q2 24	$2M	$1M
Q3 24	-$287.9K	-$330.9K
Q4 24	-$1M	-$1M
Q1 25	-$16.0K	-$52.2K
Q2 25	$2M	$2M
Q3 25	$292.5K	$277.1K
Q4 25	-$879M	-$879M

Capital Expenditures

Quarter	CapEx
Q1 22	$48.7K
Q2 22	$64.9K
Q3 22	$71.2K
Q4 22	$56.7K
Q1 23	$93.6K
Q2 23	$68.9K
Q3 23	$102.1K
Q4 23	$53.4K
Q1 24	$266.1K
Q2 24	$233.8K
Q3 24	$43.1K
Q4 24	$51.8K
Q1 25	$36.2K
Q2 25	$0
Q3 25	$15.4K
Q4 25	$72.3K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	-0.5%	+49.8%
Q2 22	+6.4%	-1.0%
Q3 22	+23.1%	+10.9%
Q4 22	+25.6%	+34.2%
Q1 23	+40.4%	+70.5%
Q2 23	+35.3%	+75.9%
Q3 23	+13.4%	+68.4%
Q4 23	+6.6%	+75.3%
Q1 24	+11.4%	+38.4%
Q2 24	+11.2%	+33.3%
Q3 24	+14.3%	+18.8%
Q4 24	+11.8%	-0.7%
Q1 25	+14.0%	+0.2%
Q2 25	+0.6%	-7.2%
Q3 25	+0.0%	-9.9%
Q4 25	+2.0%	-8.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$299.3K	4.5%
Q2 22	$303.7K	4.2%
Q3 22	$304.6K	3.6%
Q4 22	$306.0K	3.3%
Q1 23	$305.6K	3.3%
Q2 23	$287.7K	3.0%
Q3 23	$284.2K	3.0%
Q4 23	$280.2K	2.8%
Q1 24	$284.8K	2.7%
Q2 24	$280.6K	2.6%
Q3 24	$244.0K	2.2%
Q4 24	$305.1K	2.8%
Q1 25	$271.6K	2.3%
Q2 25	$271.8K	2.5%
Q3 25	$281.7K	2.6%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 22	$2M	$121.1K
Q2 22	$2M	$91.1K
Q3 22	$2M	$156.1K
Q4 22	$2M	$124.4K
Q1 23	$2M	$147.3K
Q2 23	$3M	$96.1K
Q3 23	$3M	$126.0K
Q4 23	$3M	$95.7K
Q1 24	$2M	$110.1K
Q2 24	$2M	$115.1K
Q3 24	$2M	$85.8K
Q4 24	$3M	$60.8K
Q1 25	$2M	$105.5K
Q2 25	$2M	$16.0K
Q3 25	$2M	$10.3K
Q4 25	$1.0B	$173M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$69M	$92M	$161M
Q2 22	$8M	$98M	$105M
Q3 22	$13M	$88M	$101M
Q4 22	$17M	$85M	$102M
Q1 23	$25M	$82M	$107M
Q2 23	$29M	$71M	$100M
Q3 23	$25M	$69M	$93M
Q4 23	$25M	$54M	$79M
Q1 24	$14M	$102M	$116M
Q2 24	$18M	$107M	$124M
Q3 24	$21M	$109M	$130M
Q4 24	$52M	$99M	$151M
Q1 25	$26M	$95M	$120M
Q2 25	$20M	$350.3K	$21M
Q3 25	$31M	$114M	$145M
Q4 25	$36M	$0	$36M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	14M	-2.4%	+5.9%
Q2 22	14M	-1.3%	-1.7%
Q3 22	14M	-1.3%	-3.5%
Q4 22	13M	-1.5%	-6.3%
Q1 23	13M	-2.1%	-5.9%
Q2 23	13M	+0.2%	-4.5%
Q3 23	13M	-0.3%	-3.6%
Q4 23	13M	-2.1%	-4.2%
Q1 24	13M	+0.7%	-1.6%
Q2 24	13M	-0.4%	-2.1%
Q3 24	13M	-0.8%	-2.6%
Q4 24	13M	-0.1%	-0.6%
Q1 25	13M	-0.3%	-1.6%
Q2 25	13M	-0.1%	-1.3%
Q3 25	13M	+0.1%	-0.4%
Q4 25	13M	-0.3%	-0.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$90.7K	73
Q2 22	$98.1K	73
Q3 22	$115.7K	73
Q4 22	$151.4K	61
Q1 23	$152.5K	61
Q2 23	$158.9K	61
Q3 23	$157.0K	61
Q4 23	$144.8K	68
Q1 24	$152.4K	68
Q2 24	$158.5K	68
Q3 24	$161.0K	68
Q4 24	$177.6K	62
Q1 25	$190.5K	62
Q2 25	$174.8K	62
Q3 25	$176.6K	62
Q4 25	$200.7K	56

Revenue / Employee