BCB Bancorp (BCBP) Declares $0.16 Quarterly Dividend; 4% Yield

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BCB Bancorp, Inc. Reports Record Net Income of $34.2 Million in 2021 and Earns $10.8 Million in Fourth Quarter 2021; Quarterly Cash Dividend is $0.16 Per Share

January 26, 2022 4:15 PM EST

BAYONNE, N.J., Jan. 26, 2022 (GLOBE NEWSWIRE) -- BCB Bancorp, Inc. (the Company), (NASDAQ: BCBP), the holding company for BCB Community Bank (the Bank), today reported that its net income for the year ended December 31, 2021 increased 64.2 percent to $34.2 million, the highest annual earnings in the Companys history, compared with $20.9 million for 2020. Earnings per diluted share for 2021 were $1.92 as compared to $1.14 for 2020. For the fourth quarter of 2021, net income was $10.8 million, a 29.2 percent increase compared to $8.3 million in the third quarter of 2021, and a 47.3 percent increase compared to $7.3 million in the fourth quarter of 2020.... More