Blue Foundry Bancorp (NASDAQ:BLFY) Narrows Q2 2025 Losses, Shares Gain in Premarket Trading

Blue Foundry Bancorp (NASDAQ:BLFY) Reports Narrowed Losses in Q2 2025, Shares Rise in Premarket

Blue Foundry Bancorp reported its second-quarter 2025 results, revealing a net loss of $2.0 million, or $0.10 per diluted share, marking an improvement from both the previous quarter and the same period last year. The results were slightly better than analyst expectations, which had projected a loss of $0.124 per share. Revenue for the quarter came in at $12.05 million, marginally above the consensus estimate of $12.04 million.

Key Takeaways from the Earnings Report

• Improved Losses: The company narrowed its net loss to $2.0 million ($0.10 per share) from $2.7 million ($0.13 per share) in Q1 2025 and $2.3 million ($0.11 per share) in Q2 2024.
• Revenue Slightly Beats Estimates: Reported revenue of $12.05 million edged past expectations of $12.04 million.
• Market Reaction: Shares rose nearly 3.85% in premarket trading, suggesting investor optimism about the improved performance.

Market Performance and Outlook

Despite the slight revenue beat and reduced losses, Blue Foundry Bancorp’s stock has struggled over the past month, declining by approximately 7.8%. However, the premarket uptick indicates that traders may be responding positively to the earnings improvement.

Looking ahead, analysts expect the company to post another loss in Q3 2025, with EPS estimated at -$0.111 and revenue projected at $12.53 million. For the full year, the consensus EPS forecast stands at -$0.475, with sales expected to reach $48.89 million.

Press Release Summary

The earnings release highlighted the company’s continued efforts to stabilize its financial performance. While still in the red, the reduced losses suggest some progress in cost management or operational efficiency. No explicit forward guidance was provided, leaving analysts’ estimates as the primary benchmark for future expectations.

For a deeper dive into Blue Foundry Bancorp’s earnings and analyst projections, visit the earnings and estimates page.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.