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Recent Updates — BSBK

October 30, 2026View Source ↗

Bogota Financial Corp. reported net income of $1.9 million, or $0.15 per diluted share, for the nine months ended September 30, 2026, compared to $1.4 million, or $0.11 per diluted share, in the prior year period. Net interest income grew 13.9% to $12.7 million, while non-interest expense increased slightly due to merger-related legal costs and a new branch opening. The company completed its authorized stock repurchase program, having bought back all remaining shares at a total cost of $2.1 million. Bogota Financial Corp. operates as the holding company for Bogota Savings Bank, providing banking services in New Jersey.

July 30, 2026View Source ↗

Bogota Financial Corp. reported net income of $748,000 ($0.06 per share) for the three months ended June 30, 2026, up from $224,000 in the prior year period. For the six-month period, net income reached $1.5 million ($0.12 per share), compared to $955,000 previously. Total assets decreased 3.3% to $875.0 million, driven by a 12.0% drop in deposits to $574.2 million, which was partially offset by a 51.1% increase in FHLB advances to $141.0 million. The company announced an agreement to acquire GSL Bank to expand its customer base and noted that 230,544 shares had been repurchased under its current program at a cost of $2.0 million. Bogota Financial Corp. operates as the holding company for Bogota Savings Bank, providing banking services in New Jersey.