Blue Foundry Bancorp reports Q2 EPS (10c) vs (11c) last year
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 30 2025
0mins
Should l Buy BLFY?
Financial Performance: The book value per share is $14.88, with a tangible book value of $14.87, indicating stable financial health and growth in net interest margins due to improved asset yields and lower liability costs.
Strategic Focus: CEO James Nesci emphasized the company's strategy of diversifying its loan portfolio and attracting full banking relationships to enhance core deposit growth, particularly among commercial clients, positioning the company for future balance sheet and interest income growth.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy BLFY?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on BLFY
Wall Street analysts forecast BLFY stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLFY is 10.00 USD with a low forecast of 10.00 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 14.220
Low
10.00
Averages
10.00
High
10.00
Current: 14.220
Low
10.00
Averages
10.00
High
10.00
No data
About BLFY
Blue Foundry Bancorp is a holding company for Blue Foundry Bank (the Bank). The Bank is a chartered stock savings bank. The Bank's principal business consists of originating one-to-four family residential, multifamily, and non-residential real estate mortgages, home equity loans and lines of credit, construction, and commercial and industrial loans in its principal market and surrounding areas. In addition, it often lends outside its branch network in more densely populated and metropolitan areas, adding diversification to its loan portfolio. It attracts retail deposits from the public in the areas surrounding its banking offices, through its borrowers, and through its online presence, offering a variety of deposit products. Its primary sources of funds are deposits, principal and interest payments on loans, securities, and borrowings. The Bank operates 20 full-service banking offices in Bergen, Essex, Hudson, Middlesex, Morris, Passaic, and Union counties in New Jersey.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Halper Sadeh Investigates Blue Foundry Bancorp and Others for Potential Violations
- Investigation Launched: Halper Sadeh LLC is investigating Blue Foundry Bancorp (NASDAQ:BLFY) regarding its sale to Fulton Financial Corporation for 0.65 shares of Fulton stock per Blue Foundry share, indicating potential violations of shareholder rights.
- Shareholder Rights Protection: The firm is also examining Synchronoss Technologies, Inc. (NASDAQ:SNCR)'s sale to Lumine Group Inc. for $9.00 per share, which may be subject to adjustments for transaction expenses that could affect shareholder interests.
- Potential Compensation Claims: Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief measures to ensure that shareholder rights are upheld in these transactions.
- Legal Consultation Services: The firm offers free consultations, encouraging affected shareholders to reach out to discuss their legal rights and options, demonstrating a commitment to protecting investor interests.
See More
Blue Foundry Bancorp to be Acquired by Fulton Financial at 0.65 Shares per Share
- Acquisition Investigation: Former Louisiana Attorney General Charles C. Foti and Kahn Swick & Foti are investigating Blue Foundry Bancorp's proposed sale to Fulton Financial at a rate of 0.65 shares per Blue Foundry share, aiming to assess whether this transaction undervalues the company.
- Shareholder Rights Concern: The proposed transaction has raised concerns regarding shareholder rights, as KSF seeks to determine the adequacy of the process, which could influence shareholder acceptance and future investment decisions.
- Legal Consultation Opportunity: KSF is offering legal consultation services, encouraging shareholders who believe the transaction undervalues the company to reach out, indicating the firm's intent to support and protect shareholder interests.
- Market Reaction Expectations: Given the potential undervaluation of the deal, the market may react negatively to Blue Foundry Bancorp's stock price, impacting its performance on NASDAQ and future financing capabilities.
See More
Halper Sadeh Investigates Axalta's Sale to Akzo Nobel for Shareholder Rights Violations
- Acquisition Investigation: Halper Sadeh LLC is investigating the sale of Axalta Coating Systems Ltd. to Akzo Nobel N.V., where shareholders receive 0.6539 shares of AkzoNobel stock for each Axalta common share, potentially indicating breaches of fiduciary duties to shareholders.
- Shareholder Rights: The investigation aims to ensure that Axalta shareholders' rights are protected, with Halper Sadeh LLC potentially seeking increased compensation or other relief measures to safeguard their interests.
- Legal Support: Halper Sadeh LLC offers legal services on a contingency fee basis, encouraging Axalta shareholders to reach out to discuss their legal rights and options, demonstrating a commitment to shareholder interests.
- Industry Impact: Such investigations may affect Axalta's market reputation and shareholder confidence, reflecting a growing emphasis on protecting shareholder rights in merger and acquisition transactions.
See More
Halper Sadeh Investigates TrueCar and Sealed Air Shareholder Rights Violations
- Legal Investigation Initiated: Halper Sadeh LLC is investigating TrueCar, Inc. (NASDAQ:TRUE) for its sale to Fair Holdings, Inc. at $2.55 per share, potentially violating federal securities laws and fiduciary duties, aiming to protect shareholder rights and seek increased transaction consideration.
- Sealed Air Shareholder Rights: The firm is also scrutinizing Sealed Air Corporation (NYSE:SEE) for its sale to CD&R-affiliated funds at $42.15 per share in cash, which may involve insufficient disclosure to shareholders, ensuring they receive their rightful entitlements and transparency.
- Blue Foundry Bancorp Transaction: Halper Sadeh is investigating Blue Foundry Bancorp (NASDAQ:BLFY) for its sale to Fulton Financial Corporation at 0.65 shares of common stock per share, potentially lacking adequate protection for shareholders, with the firm seeking additional compensation and disclosures on their behalf.
- Commitment to Legal Services: Halper Sadeh LLC offers contingent fee legal services, encouraging shareholders to reach out to discuss their rights and options, demonstrating the firm's dedication to protecting and supporting investors globally.
See More
The Brand House Collective Investigated for Sale to Bed Bath & Beyond, Shareholders to Receive 0.1993 Shares
- Transaction Investigation: Monteverde & Associates is investigating the sale of The Brand House Collective to Bed Bath & Beyond, with shareholders expected to receive 0.1993 shares of Bed Bath & Beyond common stock for each share held, which could significantly impact shareholder returns.
- Shareholder Rights Protection: The firm is recognized for recovering millions for shareholders and was ranked as a Top 50 firm in the 2024 ISS Securities Class Action Services Report, showcasing its strength in protecting shareholder interests.
- Additional Transaction Investigations: In addition to The Brand House, investigations are also underway for Blue Foundry Bancorp and Soulpower Acquisition Corporation, with Blue Foundry shareholders expected to receive 0.65 shares of Fulton Financial and Soulpower shareholders to receive 1 share in the combined entity, indicating the firm's broad focus on multiple transactions.
- Transparency in Legal Services: Monteverde & Associates offers free consultations and emphasizes that shareholders should inquire about a law firm's success record and ability to handle class actions when selecting legal representation to ensure their rights are effectively protected.
See More
Goldman to Broaden ETF Presence Through Acquisition of Innovator Capital
Goldman Sachs Acquires Innovator Capital Management: Goldman Sachs has agreed to acquire Innovator Capital Management for approximately $2 billion, significantly enhancing its active ETF capabilities and expanding its asset management offerings to over $75 billion in total assets under supervision.
Strategic Shift Towards Asset Management: This acquisition aligns with Goldman’s strategy to diversify its revenue streams and reduce reliance on volatile investment banking, as it continues to build its asset and wealth management platform through innovative investment products.
Innovator's Integration and Future Plans: Innovator will operate as a wholly owned subsidiary within Goldman Sachs Asset Management, maintaining its existing investment management arrangements while integrating its defined outcome ETF suite into Goldman’s offerings.
Recent Market Performance: Goldman Sachs shares have increased by 34.7% over the past year, outperforming the industry average growth of 25.7%, reflecting strong market confidence in its strategic direction and acquisitions.
See More
Halper Sadeh Investigates Blue Foundry Bancorp and Others for Potential Violations
- Investigation Launched: Halper Sadeh LLC is investigating Blue Foundry Bancorp (NASDAQ:BLFY) regarding its sale to Fulton Financial Corporation for 0.65 shares of Fulton stock per Blue Foundry share, indicating potential violations of shareholder rights.
- Shareholder Rights Protection: The firm is also examining Synchronoss Technologies, Inc. (NASDAQ:SNCR)'s sale to Lumine Group Inc. for $9.00 per share, which may be subject to adjustments for transaction expenses that could affect shareholder interests.
- Potential Compensation Claims: Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief measures to ensure that shareholder rights are upheld in these transactions.
- Legal Consultation Services: The firm offers free consultations, encouraging affected shareholders to reach out to discuss their legal rights and options, demonstrating a commitment to protecting investor interests.
See More
Blue Foundry Bancorp to be Acquired by Fulton Financial at 0.65 Shares per Share
- Acquisition Investigation: Former Louisiana Attorney General Charles C. Foti and Kahn Swick & Foti are investigating Blue Foundry Bancorp's proposed sale to Fulton Financial at a rate of 0.65 shares per Blue Foundry share, aiming to assess whether this transaction undervalues the company.
- Shareholder Rights Concern: The proposed transaction has raised concerns regarding shareholder rights, as KSF seeks to determine the adequacy of the process, which could influence shareholder acceptance and future investment decisions.
- Legal Consultation Opportunity: KSF is offering legal consultation services, encouraging shareholders who believe the transaction undervalues the company to reach out, indicating the firm's intent to support and protect shareholder interests.
- Market Reaction Expectations: Given the potential undervaluation of the deal, the market may react negatively to Blue Foundry Bancorp's stock price, impacting its performance on NASDAQ and future financing capabilities.
See More
Halper Sadeh Investigates Axalta's Sale to Akzo Nobel for Shareholder Rights Violations
- Acquisition Investigation: Halper Sadeh LLC is investigating the sale of Axalta Coating Systems Ltd. to Akzo Nobel N.V., where shareholders receive 0.6539 shares of AkzoNobel stock for each Axalta common share, potentially indicating breaches of fiduciary duties to shareholders.
- Shareholder Rights: The investigation aims to ensure that Axalta shareholders' rights are protected, with Halper Sadeh LLC potentially seeking increased compensation or other relief measures to safeguard their interests.
- Legal Support: Halper Sadeh LLC offers legal services on a contingency fee basis, encouraging Axalta shareholders to reach out to discuss their legal rights and options, demonstrating a commitment to shareholder interests.
- Industry Impact: Such investigations may affect Axalta's market reputation and shareholder confidence, reflecting a growing emphasis on protecting shareholder rights in merger and acquisition transactions.
See More
Halper Sadeh Investigates TrueCar and Sealed Air Shareholder Rights Violations
- Legal Investigation Initiated: Halper Sadeh LLC is investigating TrueCar, Inc. (NASDAQ:TRUE) for its sale to Fair Holdings, Inc. at $2.55 per share, potentially violating federal securities laws and fiduciary duties, aiming to protect shareholder rights and seek increased transaction consideration.
- Sealed Air Shareholder Rights: The firm is also scrutinizing Sealed Air Corporation (NYSE:SEE) for its sale to CD&R-affiliated funds at $42.15 per share in cash, which may involve insufficient disclosure to shareholders, ensuring they receive their rightful entitlements and transparency.
- Blue Foundry Bancorp Transaction: Halper Sadeh is investigating Blue Foundry Bancorp (NASDAQ:BLFY) for its sale to Fulton Financial Corporation at 0.65 shares of common stock per share, potentially lacking adequate protection for shareholders, with the firm seeking additional compensation and disclosures on their behalf.
- Commitment to Legal Services: Halper Sadeh LLC offers contingent fee legal services, encouraging shareholders to reach out to discuss their rights and options, demonstrating the firm's dedication to protecting and supporting investors globally.
See More
The Brand House Collective Investigated for Sale to Bed Bath & Beyond, Shareholders to Receive 0.1993 Shares
- Transaction Investigation: Monteverde & Associates is investigating the sale of The Brand House Collective to Bed Bath & Beyond, with shareholders expected to receive 0.1993 shares of Bed Bath & Beyond common stock for each share held, which could significantly impact shareholder returns.
- Shareholder Rights Protection: The firm is recognized for recovering millions for shareholders and was ranked as a Top 50 firm in the 2024 ISS Securities Class Action Services Report, showcasing its strength in protecting shareholder interests.
- Additional Transaction Investigations: In addition to The Brand House, investigations are also underway for Blue Foundry Bancorp and Soulpower Acquisition Corporation, with Blue Foundry shareholders expected to receive 0.65 shares of Fulton Financial and Soulpower shareholders to receive 1 share in the combined entity, indicating the firm's broad focus on multiple transactions.
- Transparency in Legal Services: Monteverde & Associates offers free consultations and emphasizes that shareholders should inquire about a law firm's success record and ability to handle class actions when selecting legal representation to ensure their rights are effectively protected.
See More
Goldman to Broaden ETF Presence Through Acquisition of Innovator Capital
Goldman Sachs Acquires Innovator Capital Management: Goldman Sachs has agreed to acquire Innovator Capital Management for approximately $2 billion, significantly enhancing its active ETF capabilities and expanding its asset management offerings to over $75 billion in total assets under supervision.
Strategic Shift Towards Asset Management: This acquisition aligns with Goldman’s strategy to diversify its revenue streams and reduce reliance on volatile investment banking, as it continues to build its asset and wealth management platform through innovative investment products.
Innovator's Integration and Future Plans: Innovator will operate as a wholly owned subsidiary within Goldman Sachs Asset Management, maintaining its existing investment management arrangements while integrating its defined outcome ETF suite into Goldman’s offerings.
Recent Market Performance: Goldman Sachs shares have increased by 34.7% over the past year, outperforming the industry average growth of 25.7%, reflecting strong market confidence in its strategic direction and acquisitions.
See More
