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Sep 30, 2025
Blue Foundry Q3 2025 Earnings Report
Blue Foundry Bancorp reported a net loss of $1.9 million for the third quarter of 2025, with an increase in net interest margin and loan growth.
Key Takeaways
Blue Foundry Bancorp reported a net loss of $1.9 million for the third quarter of 2025, which was an improvement from the $2.0 million net loss in the previous quarter and $4.0 million net loss in the same period last year. The company experienced an expansion in its net interest margin to 2.34% and saw an increase in total loans to $1.71 billion and deposits to $1.49 billion.
Net loss improved to $1.9 million, or $0.10 per diluted common share, for Q3 2025.
Net interest margin increased by six basis points to 2.34% compared to the linked quarter.
Total loans grew by $41.9 million to $1.71 billion, and deposits increased by $77.1 million to $1.49 billion.
Tangible book value per share exceeded $15, reaching $15.14 per share.
Revenue by Segment
Forward Guidance
Blue Foundry Bancorp expects continued balance sheet and interest income growth by focusing on full banking relationships and diversifying its loan portfolio towards higher-yielding, better risk-adjusted asset classes. The company also anticipates market valuation to follow as profitability slowly improves.
Positive Outlook
- Strategy of focusing on full banking relationships is expected to drive growth.
- Diversifying loan portfolio with emphasis on higher-yielding asset classes.
- Expectation for continued balance sheet growth.
- Anticipated interest income growth.
- Market valuation expected to improve with increasing profitability.
Challenges Ahead
- Inflation and changes in interest rates could reduce margins and yields.
- General economic conditions, including potential recessionary conditions, could worsen.
- Changes in loan delinquencies, write-offs, and adequacy of allowance for credit losses.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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