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Recent Updates — BCBP

September 3, 2026View Source ↗

BCB Bancorp, Inc. dismissed Wolf & Company, P.C. as its independent registered public accounting firm on September 2, 2026, following Audit Committee approval. The company reported no disagreements with the former auditor regarding accounting principles, financial disclosures, or audit scope during the two most recent fiscal years and the interim period through the dismissal date. Wolf & Co's prior reports were unqualified. Deloitte & Touche LLP was engaged as the new independent registered public accounting firm effective for the year ending December 31, 2026. BCB Bancorp operates in the banking industry, providing financial services.

August 7, 2026View Source ↗

BCB Bancorp, Inc. reported second quarter 2026 results marked by a significant loss driven by a $5.3 million goodwill write-off and substantial credit losses in the Commercial & Industrial (C&I) portfolio. The company suspended dividends on both common and preferred shares to retain liquidity at the holding company level and build capital at the bank. Management, led by newly appointed CEO Thomas O'Brien, is conducting a comprehensive review of loan portfolios, including Business Express loans and commercial real estate, with plans to announce financial restructuring outcomes in the third quarter. Additionally, the Board approved changing the state of incorporation from New Jersey to Delaware and eliminating staggered director terms to modernize corporate governance. The company operates as a bank holding company for BCB Community Bank.

August 3, 2026View Source ↗

BCB Bancorp reported a net loss of $14.8 million for the second quarter ended June 30, 2026, driven by a $19.0 million provision for credit losses, a $5.3 million goodwill impairment charge, and a $2.6 million loss on a loan transfer to held-for-sale. The company suspended both common and preferred dividends to preserve capital while conducting a comprehensive review of its loan portfolio with independent consultants. Additionally, the board approved a proposal to reincorporate in Delaware and convert from a staggered board to annual director elections, subject to shareholder approval at a special meeting later this year. BCB Bancorp operates as a bank holding company providing retail and commercial banking services through its subsidiary, BCB Community Bank.

July 22, 2026View Source ↗

BCB Bancorp, Inc. announced that it will release its second quarter 2026 financial results prior to market open on Monday, August 3, 2026, and will host an earnings conference call and webcast at 8:45 a.m. Eastern Time on the same day. BCB Bancorp, Inc. is a bank holding company that provides retail and commercial banking services through its subsidiary, BCB Community Bank.

July 8, 2026View Source ↗

BCB Bancorp, Inc. announced the suspension of its 2026 Amended and Restated Dividend Reinvestment and Stock Purchase Plan, effective August 6, 2026. The company will file a Post-Effective Amendment to its registration statement on Form S-3D regarding this suspension. BCB Bancorp, Inc. is a financial services company providing banking services.

June 18, 2026View Source ↗

On June 18, 2026, BCB Bancorp, Inc. announced that its Board of Directors voted to suspend all quarterly cash dividends on both common and preferred stock. Additionally, the Board voted to suspend the company's 2026 Amended and Restated Dividend Reinvestment and Stock Purchase Plan. BCB Bancorp, Inc. is a financial services company providing banking services.