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Upturn AI SWOT - About
Blue Foundry Bancorp (BLFY)
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Upturn Advisory Summary
03/27/2025: BLFY (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit -10.21% | Avg. Invested days 30 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 208.33M USD | Price to earnings Ratio - | 1Y Target Price 10.5 |
Price to earnings Ratio - | 1Y Target Price 10.5 | ||
Volume (30-day avg) 46862 | Beta 0.62 | 52 Weeks Range 7.90 - 11.48 | Updated Date 03/30/2025 |
52 Weeks Range 7.90 - 11.48 | Updated Date 03/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.55 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -29.27% | Operating Margin (TTM) -24.14% |
Management Effectiveness
Return on Assets (TTM) -0.58% | Return on Equity (TTM) -3.46% |
Valuation
Trailing PE - | Forward PE 625 | Enterprise Value 500466432 | Price to Sales(TTM) 5.12 |
Enterprise Value 500466432 | Price to Sales(TTM) 5.12 | ||
Enterprise Value to Revenue 14.56 | Enterprise Value to EBITDA - | Shares Outstanding 22522600 | Shares Floating 16946506 |
Shares Outstanding 22522600 | Shares Floating 16946506 | ||
Percent Insiders 14.7 | Percent Institutions 53.71 |
Analyst Ratings
Rating 3 | Target Price 11 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Blue Foundry Bancorp
Company Overview
History and Background
Blue Foundry Bancorp was originally founded in 1939 as Rutherford Savings and Loan Association. It converted to a mutual holding company structure in 2018 and subsequently went public in 2021. The company operates primarily in the New Jersey market.
Core Business Areas
- Commercial Lending: Provides loans to businesses, including commercial real estate loans, business term loans, and lines of credit.
- Retail Banking: Offers deposit accounts, personal loans, mortgages, and other retail banking services to individuals and families.
- Wealth Management: Offers wealth management and trust services through Blue Foundry Wealth Management.
Leadership and Structure
The company is led by a board of directors and an executive management team. Michele G. Nitti is the CEO. The organizational structure includes various departments overseeing lending, retail banking, finance, and operations.
Top Products and Market Share
Key Offerings
- Commercial Real Estate Loans: Provides financing for commercial real estate projects. Market share data is difficult to precisely determine, but competes with larger national banks and other regional players in New Jersey. Competitors include: Bank of America, Wells Fargo, and M&T Bank.
- Residential Mortgages: Offers mortgage products for homebuyers. Competes with national mortgage lenders and smaller community banks. Competitors include: Rocket Mortgage, United Wholesale Mortgage, and local credit unions.
- Checking and Savings Accounts: Offers various checking and savings accounts. Competitors include: Chase, Wells Fargo, and local credit unions.
Market Dynamics
Industry Overview
The banking industry is currently facing rising interest rates, increased regulatory scrutiny, and competition from fintech companies. Community banks like Blue Foundry Bancorp are focused on relationship banking and local market expertise.
Positioning
Blue Foundry Bancorp positions itself as a community-focused bank providing personalized service and local expertise. Its competitive advantage lies in its strong relationships with local businesses and residents.
Total Addressable Market (TAM)
The TAM for banking services in New Jersey is estimated to be in the tens of billions of dollars. Blue Foundry Bancorp is positioned to capture a portion of this market through its focus on local communities and relationship banking.
Upturn SWOT Analysis
Strengths
- Strong community ties
- Experienced management team
- Solid deposit base
- Focus on relationship banking
Weaknesses
- Smaller size compared to national banks
- Limited geographic reach
- Potential vulnerability to interest rate fluctuations
- Limited digital capabilities compared to larger banks
Opportunities
- Expansion into new markets within New Jersey
- Increased adoption of digital banking services
- Growing demand for commercial real estate financing
- Potential acquisitions of smaller community banks
Threats
- Increased competition from larger banks and fintech companies
- Rising interest rates
- Economic downturn
- Regulatory changes
Competitors and Market Share
Key Competitors
- MTB
- USB
- PNC
Competitive Landscape
Blue Foundry Bancorp faces intense competition from larger national banks and regional players. Its advantage lies in its local market knowledge and personalized service.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Discuss Blue Foundry Bancorp's growth trends over the past years.
Future Projections: Provide projections for Blue Foundry Bancorp's future growth based on analyst estimates.
Recent Initiatives: Highlight recent strategic initiatives undertaken by Blue Foundry Bancorp.
Summary
Blue Foundry Bancorp is a community-focused bank with solid local ties, but it faces challenges from larger competitors and potential economic headwinds. Its relationship-based approach is a strength, but it needs to enhance its digital capabilities. The company has potential for growth through strategic expansion and acquisitions. Monitoring interest rate sensitivity and adapting to regulatory changes are crucial.
Similar Companies
- MTB
- USB
- PNC
Sources and Disclaimers
Data Sources:
- Company website
- SEC filings
- Analyst reports (where available)
- FDIC Data
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimated and may not be precise. Past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Blue Foundry Bancorp
Exchange NASDAQ | Headquaters Rutherford, NJ, United States | ||
IPO Launch date 2021-07-16 | President, CEO & Director Mr. James D. Nesci | ||
Sector Financial Services | Industry Banks - Regional | Full time employees - | Website https://www.bluefoundrybank.com |
Full time employees - | Website https://www.bluefoundrybank.com | ||
Blue Foundry Bancorp operates as a bank holding company for Blue Foundry Bank, a savings bank that offers various banking products and services for individuals and businesses in the United States. The company offers saving, time, and non-interest bearing deposits; demand accounts; and loans, such as one-to-four family residential property, multi-family, residential real estate, non-residential real estate, consumer, construction, and commercial and industrial loans, as well as junior liens and home equity lines of credit. The company was formerly known as Boiling Springs Bancorp and changed its name to Blue Foundry Bancorp in July 2019. Blue Foundry Bancorp was founded in 1939 and is based in Rutherford, New Jersey.
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