New insider activity at Blue Foundry ( (BLFY) ) has taken place on August 6, 2025.
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Director Patrick H. Kinzler has made a significant investment in Blue Foundry by purchasing 1,500 shares of its stock, amounting to a total value of $12,755.
Recent Updates on BLFY stock
Blue Foundry Bancorp’s recent Q2 earnings call highlighted a mixed outlook with both challenges and positive developments. The company reported a net loss of $2 million, an improvement from the previous quarter, and an increase in nonperforming assets. However, there were significant achievements such as a 4% growth in core deposits, a 12 basis point expansion in net interest margin, and a 3% growth in the loan portfolio. These improvements are attributed to strategic initiatives like loan portfolio diversification and effective deposit management. The company also repurchased 406,000 shares at a discount, reflecting a commitment to shareholder value. Despite the net loss, Blue Foundry’s strong capital position and focus on strategic growth initiatives provide a promising outlook.
Spark’s Take on BLFY Stock
According to Spark, TipRanks’ AI Analyst, BLFY is a Neutral.
Blue Foundry’s overall stock score is primarily impacted by its mixed financial performance, with concerns around profitability and operational efficiency. Technical analysis further signals bearish trends, while valuation metrics highlight challenges with a negative P/E ratio. On the positive side, recent earnings call and corporate events show strategic progress and shareholder value initiatives, tempering some risks.
To see Spark’s full report on BLFY stock, click here.
More about Blue Foundry
YTD Price Performance: -9.28%
Average Trading Volume: 54,645
Technical Sentiment Signal: Sell
Current Market Cap: $186.8M