Dividends & Buybacks · · GlobeNewswire
BCB Bancorp Suspends Quarterly Cash Dividend on Common and Preferred Stock
BCBPBcb Bancorp Inc
BCB Bancorp, Inc. announced that its Board of Directors voted to suspend payment of quarterly cash dividends on both common and preferred stock. The suspension is intended to conserve approximately $1.86 million in capital per quarter while the company undergoes a thorough evaluation of its credit portfolios. Additionally, the board suspended the 2026 Amended and Restated Dividend Reinvestment and Stock Purchase Plan. BCB Bancorp operates as the holding company for BCB Community Bank, providing retail and commercial banking services through branches in New Jersey and New York.