BCB Bancorp (BCBP) Q4 2025 earnings summary

Executive summary

• Reported net loss of $12.0 million for Q4 2025, compared to net income of $4.3 million in Q3 2025 and $3.3 million in Q4 2024.

• Loss per diluted share was ($0.73) versus $0.22 in Q3 2025 and $0.16 in Q4 2024.

• Board declared a quarterly cash dividend of $0.08 per share, down from previous quarters.

• Results impacted by a $15.1 million pre-tax write-down on a cannabis-related REO property and $16.3 million in net charge-offs, mainly in the C&I loan portfolio.

Financial highlights

• Net interest margin rose to 3.03% in Q4 2025 from 2.88% in Q3 2025 and 2.53% in Q4 2024.

• Total deposits were $2.674 billion at year-end, down 2.8% year-over-year.

• Total assets decreased by 8.9% year-over-year to $3.28 billion, mainly due to reductions in cash and loans.

• Net interest income for Q4 2025 was $24.2 million, up 9.1% year-over-year.

• Non-interest expense surged 118.5% year-over-year to $31.4 million, driven by the REO write-down.

• Provision for credit losses was $12.2 million in Q4 2025, up from $4.2 million in Q4 2024.

Outlook and guidance

• Management expects improved resilience entering 2026 after proactive asset quality and capital actions in 2025.

• Board prioritizes long-term shareholder value and disciplined capital allocation.