Bcb Bancorp Inc 8-K, filed Oct 29, 2026

About this 8-K

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Bcb Bancorp Inc (BCBP)

8-K 2026-10-29 For: 2026-10-29

Added on October 29, 2026

Bcb Bancorp Inc filed this 8-K on October 29, 2026.

BCB Bancorp reported a $132.5 million third-quarter net loss attributable to common stockholders after a $98.0 million equity raise and sales of $204.3 million of problem loans; it also reorganized its C-Suite and appointed Eleni Willis Chief Risk Officer. AI summary

BCB BANCORP, INC.

DATE: October 29, 2026

/s/ Jawad Chaudhry

Jawad Chaudhry

Executive Vice President and Chief Financial Officer

(Duly Authorized Representative)

Item 2.02: Financial results
Item 5.02: Director or officer change, or executive pay
Item 8.01: Other events
Item 9.01: Financial statements and exhibits

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104-110 Avenue C
Bayonne, New Jersey		07002
(Address of principal executive offices)		(Zip Code)


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, no par value	BCBP	The Nasdaq Stock Market LLC


No.		Description

99.1		Press Release, dated October 29, 2026

104		Cover Page Interactive Data File (embedded within the Inline XBRL document)


	Statements of Operations -Three Months Ended,
	September 30, 2026			June 30, 2026			September 30, 2025		Sept. 30, 2026 vs. June 30, 2026			Sept. 30, 2026 vs.Sept. 30, 2025
Interest and dividend income:	(In thousands, except per share amounts, Unaudited)
Loans, including fees	$	34,213		$	35,856		$	38,278		-4.6	%		-10.6	%
Mortgage-backed securities		948			960			843		-1.3	%		12.5	%
Other investment securities		1,128			1,113			1,114		1.3	%		1.3	%
FHLB stock and other interest-earning assets		2,086			2,532			2,807		-17.6	%		-25.7	%

Total interest and dividend income		38,375			40,461			43,042		-5.2	%		-10.8	%

Interest expense:													—
Deposits:
Demand		5,645			5,413			5,608		4.3	%		0.7	%
Savings and club		97			112			233		-13.4	%		-58.4	%
Certificates of deposit		7,864			8,266			9,445		-4.9	%		-16.7	%

		13,606			13,791			15,286		-1.3	%		-11.0	%
Borrowings		2,170			3,325			4,045		-34.7	%		-46.4	%

Total interest expense		15,776			17,116			19,331		-7.8	%		-18.4	%

Net interest income		22,599			23,345			23,711		-3.2	%		-4.7	%
Provision for credit losses		114,961			18,987			4,080		505.5	%		2717.7	%

Net interest (loss) income after provision for credit losses		(92,362	)		4,358			19,631		-2219.4	%		-570.5	%

Non-interest income (loss):
Fees and service charges		1,006			1,313			1,311		-23.4	%		-23.3	%
(Loss) gain on sales of loans		—			(2,607	)		21		-100.0	%		-100.0	%
Gain on sale of other real estate owned		3,283			—			—		—			—
Realized and unrealized (loss) gain on equity investments		(77	)		(248	)		350		-69.0	%		-122.0	%
Bank-owned life insurance (“BOLI”) income		874			917			931		-4.7	%		-6.1	%
Other		86			155			132		-44.5	%		-34.8	%

Total non-interest income (loss)		5,172			(470	)		2,745		-1200.4	%		88.4	%

Non-interest expense:
Salaries and employee benefits		9,937			9,395			8,324		5.8	%		19.4	%
Occupancy and equipment		2,675			2,562			2,562		4.4	%		4.4	%
Data processing and communications		2,031			1,968			2,047		3.2	%		-0.8	%
Professional fees		2,873			562			800		411.2	%		259.1	%
Director fees		244			244			305		—			-20.0	%
Regulatory assessment fees		805			650			984		23.8	%		-18.2	%
Advertising and promotions		407			489			284		-16.8	%		43.3	%
Other real estate owned, net		174			130			—		33.8	%		—
Impairment of Goodwill		—			5,253			—		—			—
Other		2,653			879			1,264		201.8	%		109.9	%

Total non-interest expense		21,799			22,132			16,570		-1.5	%		31.6	%

(Loss) Income before income tax (benefit) provision		(108,989	)		(18,244	)		5,806		497.4	%		-1977.2	%
Income tax provision (benefit)		23,464			(3,468	)		1,544		-776.6	%		1419.7	%


Net (Loss) Income		(132,453	)		(14,776	)		4,262		796.4	%		-3207.8	%
Preferred stock dividends		—			—			482		—			—

Net (Loss) Income available to common stockholders	$	(132,453	)	$	(14,776	)	$	3,780		796.4	%		-3604.2	%

Net (Loss) Income per common share-basic and diluted
Basic	$	(6.92	)	$	(0.85	)	$	0.22		710.6	%		-3250.8	%

Diluted	$	(6.92	)	$	(0.85	)	$	0.22		710.6	%		-3250.8	%

Weighted average number of common shares outstanding
Basic		19,137			17,306			17,207		10.6	%		11.2	%

Diluted		19,137			17,306			17,207		10.6	%		11.2	%


	Statements of Operations -Nine Months Ended,
	September 30, 2026			September 30, 2025			Sept. 30, 2026 vs.Sept. 30, 2025
Interest and dividend income:	(In thousands, except per share amounts, Unaudited)
Loans, including fees	$	105,947		$	115,855			-8.6	%
Mortgage-backed securities		2,747			2,169			26.6	%
Other investment securities		3,231			3,139			2.9	%
FHLB stock and other interest-earning assets		7,313			9,252			-21.0	%

Total interest and dividend income		119,238			130,415			-8.6	%

Interest expense:
Deposits:
Demand		16,228			16,610			-2.3	%
Savings and club		345			601			-42.6	%
Certificates of deposit		24,722			29,377			-15.8	%

		41,295			46,588			-11.4	%
Borrowings		9,162			15,009			-39.0	%

Total interest expense		50,457			61,597			-18.1	%

Net interest income		68,781			68,818			-0.1	%
Provision for credit losses		136,736			29,816			358.6	%

Net interest (loss) income after provision for credit losses		(67,955	)		39,002			-274.2	%

Non-interest income:
Fees and service charges		3,510			3,789			-7.4	%
(Loss) gain on sales of loans		(2,600	)		21			—
Gain on sales of other real estate owned		3,283			—			—
Realized and unrealized (loss) gain on equity investments		(418	)		127			-429.1	%
Bank-owned life insurance (“BOLI”) income		2,737			2,325			17.7	%
Other		291			350			-16.9	%

Total non-interest income		6,803			6,612			2.9	%

Non-interest expense:
Salaries and employee benefits		27,659			23,440			18.0	%
Occupancy and equipment		7,961			7,787			2.2	%
Data processing and communications		6,022			5,937			1.4	%
Professional fees		4,062			2,259			79.8	%
Director fees		734			1,036			-29.2	%
Regulatory assessments		2,220			2,497			-11.1	%
Advertising and promotions		1,096			679			61.4	%
Other real estate owned, net		454			—			—
Impairment of Goodwill		5,253			—
Other		4,021			2,863			40.4	%

Total non-interest expense		59,482			46,498			27.9	%

Loss before income tax benefit		(120,634	)		(884	)		13546.4	%
Income tax provision (benefit)		21,691			(386	)		-5719.4	%

Net Loss		(142,325	)		(498	)		28479.3	%
Preferred stock dividends		482			1,446			-66.7	%

Net Loss available to common stockholders	$	(142,807	)	$	(1,944	)		7244.3	%

Net Loss per common share-basic and diluted
Basic	$	(7.98	)	$	(0.11	)		6945.1	%

Diluted	$	(7.98	)	$	(0.11	)		6945.1	%

Weighted average number of common shares outstanding
Basic		17,894			17,165			4.2	%

Diluted		17,894			17,165			4.2	%


Statements of Financial Condition	September 30, 2026			June 30, 2026			December 31, 2025			Sept. 30, 2026 vs. June 30, 2026			Sept. 30, 2026 vs. December 31, 2025
ASSETS	(In Thousands, Unaudited)
Cash and amounts due from depository institutions	$	13,236		$	14,573		$	13,794			-9.2	%		-4.0	%
Interest-earning deposits		487,077			182,314			262,790			167.2	%		85.3	%

Total cash and cash equivalents		500,313			196,887			276,584			154.1	%		80.9	%

Interest-earning time deposits		735			735			735			—			—
Debt securities available for sale		134,973			148,428			126,395			-9.1	%		6.8	%
Equity investments		—			3,851			9,172			-100.0	%		-100.0	%
Loans held for sale		67,556			10,777			—			526.9	%		—
Loans receivable, net of allowance for credit losses on loans of $70,270, $44,980, and $33,691 respectively		2,179,697			2,587,984			2,691,091			-15.8	%		-19.0	%
Federal Home Loan Bank of New York (“FHLB”) stock, at cost		7,911			9,048			14,176			-12.6	%		-44.2	%
Premises and equipment, net		11,575			11,737			12,056			-1.4	%		-4.0	%
Accrued interest receivable		13,625			14,661			13,834			-7.1	%		-1.5	%
Other real estate owned		—			5,000			5,000			-100.0	%		-100.0	%
Deferred income taxes		—			24,794			22,209			-100.0	%		-100.0	%
Goodwill		—			—			5,253			—			-100.0	%
Operating lease right-of-use asset		10,172			10,479			10,660			-2.9	%		-4.6	%
Bank-owned life insurance (“BOLI”)		82,103			81,229			79,366			1.1	%		3.4	%
Other assets		12,427			12,516			12,935			-0.7	%		-3.9	%

Total Assets	$	3,021,087		$	3,118,126		$	3,279,466			-3.1	%		-7.9	%

LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES
Non-interest bearing deposits	$	523,077		$	514,648		$	531,140			1.6	%		-1.5	%
Interest bearing deposits		2,086,069			2,121,375			2,142,433			-1.7	%		-2.6	%

Total deposits		2,609,146			2,636,023			2,673,573			-1.0	%		-2.4	%
FHLB advances		100,000			125,000			235,000			-20.0	%		-57.4	%
Subordinated debentures		43,397			43,335			43,210			0.1	%		0.4	%
Operating lease liability		10,644			10,953			11,140			-2.8	%		-4.5	%
Other liabilities		11,818			10,896			12,259			8.5	%		-3.6	%

Total Liabilities		2,775,005			2,826,207			2,975,182			-1.8	%		-6.7	%

STOCKHOLDERS’ EQUITY
Preferred stock: $0.01 par value, 10,000 shares authorized		—			—			—			—			—
Additional paid-in capital preferred stock		25,243			25,243			25,243			—			—
Common stock: no par value, 40,000 shares authorized		—			—			—			—			—
Additional paid-in capital common stock		296,623			204,451			203,429			45.1	%		45.8	%
Retained (deficit) earnings		(29,228	)		103,225			116,415			-128.3	%		-125.1	%
Accumulated other comprehensive loss		(8,209	)		(2,653	)		(2,456	)		209.4	%		234.2	%
Treasury stock, at cost		(38,347	)		(38,347	)		(38,347	)		—			—

Total Stockholders’ Equity		246,082			291,919			304,284			-15.7	%		-19.1	%

Total Liabilities and Stockholders’ Equity	$	3,021,087		$	3,118,126		$	3,279,466			-3.1	%		-7.9	%

Outstanding common shares		30,752			18,102			17,274


	Three Months Ended September 30,
	2026							2025
	Average Balance		Interest Earned/Paid		Average Yield/Rate ⁽³⁾			Average Balance		Interest Earned/Paid		Average Yield/Rate⁽³⁾
	(Dollars in thousands)
Interest-earning assets:
Loans Receivable ⁽⁴⁾⁽⁵⁾	$	2,589,769	$	34,213		5.24	%	$	2,879,810	$	38,278		5.27	%
Investment Securities		147,103		2,076		5.65	%		134,419		1,957		5.82	%
Other Interest-earning assets ⁽⁶⁾		225,546		2,086		3.67	%		250,869		2,807		4.44	%

Total Interest-earning assets		2,962,418		38,375		5.14	%		3,265,098		43,042		5.23	%

Non-interest-earning assets		128,587							115,212		—

Total assets	$	3,091,005						$	3,380,310

Interest-bearing liabilities:
Interest-bearing demand accounts	$	541,227	$	2,254		1.65	%	$	504,860	$	2,057		1.62	%
Money market accounts		452,814		3,391		2.97	%		432,922		3,551		3.25	%
Savings accounts		230,980		97		0.17	%		258,165		233		0.36	%
Certificates of Deposit		880,015		7,864		3.55	%		978,503		9,445		3.83	%

Total interest-bearing deposits		2,105,036		13,606		2.56	%		2,174,450		15,286		2.79	%
Borrowed funds		150,494		2,170		5.72	%		330,694		4,045		4.85	%

Total interest-bearing liabilities		2,255,530		15,776		2.77	%		2,505,144		19,331		3.06	%

Non-interest-bearing liabilities		531,203							559,185

Total liabilities		2,786,733							3,064,329
Stockholders’ equity		304,272							315,981

Total liabilities and stockholders’ equity	$	3,091,005						$	3,380,310

Net interest income			$	22,599						$	23,711

Net interest rate spread ⁽¹⁾						2.36	%						2.17	%

Net interest margin ⁽²⁾						3.03	%						2.88	%


	Nine Months Ended September 30,
	2026							2025
	Average Balance		Interest Earned/Paid		Average Yield/Rate⁽³⁾			Average Balance		Interest Earned/Paid		Average Yield/Rate ⁽³⁾
	(Dollars in thousands)
Interest-earning assets:
Loans Receivable ⁽⁴⁾⁽⁵⁾	$	2,652,538	$	105,947		5.34	%	$	2,935,643	$	115,855		5.28	%
Investment Securities		145,569		5,978		5.49	%		128,570		5,308		5.52	%
Other interest-earning assets ⁽⁶⁾		267,275		7,313		3.66	%		273,678		9,252		4.52	%

Total Interest-earning assets		3,065,382		119,238		5.20	%		3,337,891		130,415		5.22	%

Non-interest-earning assets		134,679							118,092		—

Total assets	$	3,200,061						$	3,455,983

Interest-bearing liabilities:
Interest-bearing demand accounts	$	531,479	$	6,419		1.61	%	$	531,311	$	6,656		1.67	%
Money market accounts		444,940		9,809		2.95	%		415,214		9,954		3.21	%
Savings accounts		236,812		345		0.19	%		256,384		601		0.31	%
Certificates of Deposit		927,913		24,722		3.56	%		968,338		29,377		4.06	%

Total interest-bearing deposits		2,141,144		41,295		2.58	%		2,171,247		46,588		2.87	%
Borrowed funds		218,906		9,162		5.60	%		413,133		15,009		4.86	%

Total interest-bearing liabilities		2,360,050		50,457		2.86	%		2,584,380		61,597		3.19	%

Non-interest-bearing liabilities		533,874							553,396

Total liabilities		2,893,924							3,137,776
Stockholders’ equity		306,137							318,207

Total liabilities and stockholders’ equity	$	3,200,061						$	3,455,983

Net interest income			$	68,781						$	68,818

Net interest rate spread ⁽¹⁾						2.34	%						2.04	%

Net interest margin ⁽²⁾						3.00	%						2.76	%


	Financial Condition data by quarter
	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025
	(In thousands, except book values)
Total assets	$	3,021,087		$	3,118,126		$	3,269,097		$	3,279,466		$	3,353,065
Cash and cash equivalents		500,313			196,887			293,737			276,584			249,614
Securities		134,973			152,279			143,092			135,567			125,292
Loans receivable, net		2,179,697			2,587,984			2,655,981			2,691,091			2,788,932
Deposits		2,609,146			2,636,023			2,672,429			2,673,573			2,687,387
Borrowings		143,397			168,335			268,272			278,210			323,922
Stockholders’ equity		246,082			291,919			307,380			304,284			318,453
Book value per common share ⁽¹⁾	$	7.18		$	14.73		$	16.25		$	16.15		$	17.02
Tangible book value per common share⁽²⁾	$	7.18		$	14.73		$	15.95		$	15.85		$	16.71

	Operating data by quarter
	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025
	(In thousands, except for per share amounts)
Net interest income	$	22,599		$	23,345		$	22,837		$	24,223		$	23,711
Provision for credit losses		114,961			18,987			2,788			12,195			4,080
Non-interest (loss) income		5,172			(470	)		2,101			1,943			2,745
Non-interest expense		21,799			22,132			15,551			31,385			16,570
Income tax expense (benefit)		23,464			(3,468	)		1,695			(5,385	)		1,544

Net income (loss)	$	(132,453	)	$	(14,776	)	$	4,904		$	(12,029	)	$	4,262

Net income (loss) per diluted share	$	(6.92	)	$	(0.85	)	$	0.26		$	(0.73	)	$	0.22

Common Dividends declared per share	$	—		$	0.08		$	0.08		$	0.16		$	0.16


	Financial Ratios(3)
	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025
Return on average assets		(17.00	%)		(1.83	%)		0.61	%		(1.44	%)		0.50	%
Return on average stockholders’ equity		(172.70	%)		(19.22	%)		6.50	%		(14.99	%)		5.35	%
Net interest margin		3.03	%		3.03	%		2.95	%		3.03	%		2.88	%
Stockholders’ equity to total assets		8.15	%		9.36	%		9.40	%		9.28	%		9.50	%
Efficiency Ratio ⁽⁴⁾		78.50	%		96.75	%		62.36	%		119.95	%		62.63	%

	Asset Quality Ratios
	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025
	(In thousands, except for ratio %)
Non-Accrual Loans ⁽⁵⁾	$	22,422		$	61,234		$	59,805		$	63,255		$	93,517
Non-Accrual Loans as a % of Total Loans ⁽⁵⁾		1.00	%		2.33	%		2.22	%		2.32	%		3.31	%
ACL as % of Non-Accrual Loans		313.4	%		73.5	%		54.5	%		53.3	%		40.4	%
Individually Analyzed Loans	$	41,194		$	124,832		$	160,600		$	162,226		$	129,358
Criticized Loans ⁽⁵⁾		152,733			206,977			208,341			170,789			220,769
Classified Loans ⁽⁵⁾		46,119			160,454			194,663			188,735			228,256
Past Due loans⁽⁵⁾		52,169			122,759			107,947			99,132			174,006


	Recorded Investment in Loans Receivable by quarter
	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025
	(In thousands)
Residential one-to-four family	$	214,707		$	218,750		$	223,708		$	226,708		$	227,140
Commercial and multi-family		1,753,542			2,009,865			2,021,827			2,040,768			2,080,088
Cannabis related		4,070			69,190			68,876			69,293			69,102
Construction		13,434			33,298			68,362			68,521			105,980
Commercial business		126,172			157,523			160,088			168,459			192,762
Business Express		64,503			68,949			71,215			74,862			78,253
Home equity		72,710			73,935			72,716			74,332			73,566
Consumer		2,376			3,401			3,584			3,580			2,042

	$	2,251,514		$	2,634,911		$	2,690,376		$	2,726,523		$	2,828,933
Less:
Deferred loan fees, net		(1,547	)		(1,947	)		(1,817	)		(1,741	)		(2,198	)
Allowance for credit losses on loans		(70,270	)		(44,980	)		(32,578	)		(33,691	)		(37,803	)

Total loans, net	$	2,179,697		$	2,587,984		$	2,655,981		$	2,691,091		$	2,788,932


	Non-Accruing Loans in Portfolio by quarter⁽¹⁾
	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025
	(In thousands)
Residential one-to-four family	$	3,018		$	1,515		$	1,576		$	1,554		$	1,410
Commercial and multi-family		17,491			54,478			52,297			52,159			70,546
Construction		—			2,587			3,173			4,897			2,310
Commercial business		1,724			2,397			2,418			3,725			17,442
Business Express		—			—			—			—			1,335
Home equity		189			257			341			294			474
Total:	$	22,422		$	61,234		$	59,805		$	62,629		$	93,517


⁽¹⁾ Excludes Held for Sale loan

	Distribution of Deposits by quarter
	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025
	(In thousands)
Demand:
Non-Interest Bearing	$	523,076		$	514,648		$	521,317		$	531,140		$	536,908
Interest Bearing		536,344			517,627			511,465			501,172			477,427
Money Market		447,605			446,918			448,397			426,138			422,424

Sub-total:	$	1,507,025		$	1,479,193		$	1,481,179		$	1,458,450		$	1,436,759
Savings and Club		229,087			230,532			240,048			243,670			254,554
Certificates of Deposit		873,034			926,298			951,202			971,453			996,074

Total Deposits:	$	2,609,146		$	2,636,023		$	2,672,429		$	2,673,573		$	2,687,387


	Reconciliation of GAAP to Non-GAAP Financial Measures by quarter

	Tangible Book Value per Share
	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025
	(In thousands, except per share amounts)
Total Stockholders’ Equity	$	246,082		$	291,919		$	307,380		$	304,284		$	318,453
Less: goodwill		—			—			5,253			5,253			5,253
Less: preferred stock		25,243			25,243			25,243			25,243			25,243

Total tangible common stockholders’ equity		220,839			266,676			276,884			273,788			287,957
Common shares outstanding		30,752			18,102			17,359			17,274			17,228
Book value per common share	$	7.18		$	14.73		$	16.25		$	16.15		$	17.02

Tangible book value per common share	$	7.18		$	14.73		$	15.95		$	15.85		$	16.71


	Efficiency Ratios
	Q3 2026			Q2 2026			Q1 2026			Q4 2025			Q3 2025
	(In thousands, except for ratio %)
Net interest income	$	22,599		$	23,345		$	22,837		$	24,223		$	23,711
Non-interest (loss)income		5,172			(470	)		2,101			1,943			2,745

Total income		27,771			22,875			24,938			26,166			26,456
Non-interest expense		21,799			22,132			15,551			31,385			16,570

Efficiency Ratio		78.50	%		96.75	%		62.36	%		119.95	%		62.63	%