Blue Foundry Bancorp Income Statement

Income Statement Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 2.52M-2.52M-1.00M-0.44M-1.35M
Revenue 40.27M45.43M54.51M43.72M39.34M
Interest income
Interest income - Loans 54.12M48.72M52.28M65.69M70.19M
Interest Income - Debt Securities 6.87M6.82M9.68M12.99M15.12M
Interest Income - Total 61.62M56.05M62.41M79.11M85.45M
Interest expenses
Interest Expense - Deposits 15.88M7.88M5.74M24.12M36.83M
Interest Expense - Debt 6.68M5.22M4.83M13.07M11.07M
Interest Expenses 22.56M13.10M10.57M37.19M47.90M
Interest Income - Net 39.07M42.95M51.84M41.92M37.55M
Non-interest income
Interest Income - Total 36.55M45.47M52.84M42.36M38.90M
Financial Services Fees 1.74M1.98M2.16M1.16M1.20M
Investment Gain (Loss) 0.07M-0.00M0.01M0.02M
Investment Banking Income 0.23M0.04M
Other Non-Interest Income 2.64M2.39M1.06M0.80M0.85M
Non-Interest Income 1.21M2.48M2.66M1.80M1.79M
Operating Items
Research & Development 3.79M6.93M5.75M6.12M5.65M
Wages, Salaries and Other 22.64M25.75M29.25M28.44M29.43M
Rent Expense 6.16M7.93M7.62M8.35M8.88M
Other Operating Expenses 67.18M59.81M39.40M37.09M38.08M
Operating Expenses 77.13M74.67M52.77M51.56M52.60M
EBIT -16.82M-13.62M13.30M29.79M35.99M
Net income details
EBT -39.37M-26.72M2.73M-7.40M-11.91M
Tax Provisions -7.87M9.62M0.34M
Profit After Tax -31.51M-36.34M2.40M-7.40M-11.91M
Income from Continuing Operations -31.51M-36.34M2.40M-7.40M-11.91M
Consolidated Net Income -31.51M-36.34M2.40M-7.40M-11.91M
Income towards Parent Company -31.51M-36.34M2.40M-7.40M-11.91M
Net Income towards Common Stockholders -31.51M-36.34M2.40M-7.40M-11.91M
Additional items
EPS (Basic) -1.45-2.990.09-0.31-0.55
EPS (Weighted Average and Diluted) -2.990.09-0.31-0.55
Tax Rate 19.98%12.36%