Blue Foundry Bancorp (BLFY) Reports In-Line Q2 EPS
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Blue Foundry Bancorp Reports Second Quarter 2022 Results
July 27, 2022 8:15 AM EDTRUTHERFORD, N.J., July 27, 2022 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY)(the Company), the holding company for Blue Foundry Bank (the Bank), today reported second quarter financial results highlighted by record loan growth. Gross loans grew by $94.3 million, or 7.1%, compared to the linked quarter, excluding Paycheck Protection Program (PPP) loans, led by commercial real estate products.
Net income was $40 thousand for the three months ended June 30, 2022 compared to $553 thousand for the three months ended March 31, 2022 and a net loss of $1.0 million for the three months ended June 30, 2021.... More
