BCB Bancorp (BCBP) Declares $0.14 Quarterly Dividend; 4.9% Yield

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BCB Bancorp, Inc., Announces Quarterly Earnings and Cash Dividend

October 21, 2016 4:24 PM EDT

BAYONNE, N.J., Oct. 21, 2016 (GLOBE NEWSWIRE) -- BCB Bancorp, Inc., Bayonne, NJ (Nasdaq: BCBP) announced net income of $1.9 million for the three months ended September 30, 2016, as compared with $2.3 million for the three months ended September 30, 2015. Basic and diluted earnings per share were $0.15 for the three months ended September 30, 2016, compared with $0.24 for the three months ended September 30, 2015. The decrease in net income was primarily related to an increase in non-interest expense, and a decrease in non-interest income, partly offset by decreases in the provision for loan losses and income tax provision.

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