BCB Bancorp (BCBP) investor relations material

Executive summary

• Net income for Q1 2026 was $4.9 million, reversing a net loss of $8.3 million in Q1 2025 and $12.0 million in Q4 2025, driven by lower loan loss provisioning and improved core performance metrics.

• EPS was $0.26, up from a loss per share of ($0.73) in Q4 2025 and ($0.51) in Q1 2025.

• Total assets stood at $3.269 billion as of March 31, 2026, with deposits at $2.672 billion and stockholders' equity at $307.4 million.

• Quarterly cash dividend of $0.08 per share declared, payable May 20, 2026.

• Profitability was supported by a significant reduction in loan loss provisioning and higher income tax expense.

Financial highlights

• Net interest income rose to $22.8 million from $22.0 million year-over-year, with net interest margin improving to 2.95% from 2.59%.

• Interest income decreased 8.6% year-over-year to $40.4 million, while interest expense fell by $4.6 million to $17.6 million.

• Provision for credit losses was $2.8 million, down 86.6% year-over-year from $20.8 million.

• Non-interest income increased by $310,000 to $2.1 million, mainly due to higher BOLI income.

• Non-interest expense rose 6.1% to $15.6 million, driven by higher salaries, data processing, and OREO expenses.

Outlook and guidance

• Management expects sufficient liquidity and funding capacity to meet current loan commitments and deposit maturities.

• Lending activity resumed as credit headwinds moderated, with loan originations expected to build momentum through 2026.

• The company remains well-capitalized and positioned to manage interest rate and credit risks.