Blue Foundry (BLFY) AI Stock Analysis

• Market Cap: $185.29M
• Dividend Yield: N/A
• Average Volume (3M): 47.44K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.76
• Revenue Growth: 9.02%
• EPS Growth: 17.85%
• Country: US
• Employees: 184
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): -0.10
• Shares Outstanding: 21,495,657
• 10 Day Avg. Volume: 43,066
• 30 Day Avg. Volume: 47,441
• PEG Ratio: -0.23
• Price to Book (P/B): 0.63
• Price to Sales (P/S): 2.41
• P/FCF Ratio: 42.80
• Enterprise Value/Market Cap: 2.78
• Enterprise Value/Revenue: 5.65
• Enterprise Value/Gross Profit: 12.28
• Enterprise Value/Ebitda: -61.25
• 1Y Price Target: $10.00
• Price Target Upside: 18.34% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 45 Neutral
• Price Target: $8.50 ▲(0.59% Upside)

Blue Foundry's overall stock score reflects significant financial and operational challenges. The most impactful factors are the negative financial performance, characterized by profitability and cash flow issues, and the bearish technical indicators. Valuation concerns due to a negative P/E ratio and lack of dividend yield further weigh on the score. While the earnings call highlighted some positive strategic initiatives, the ongoing financial losses and increased nonperforming loans remain critical risks.

Blue Foundry Business Overview & Revenue Model

Company Description

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. The company offers deposits; and loans, such as one-to-four family residential property, home equity, commercial real estate, multi-family, construction, commercial and industrial, and other consumer loans, as well as home equity lines of credit. As of December 31, 2021, it operated 17 full-service branch offices located in northern New Jersey. 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.

How the Company Makes Money

Blue Foundry generates revenue through various channels, primarily by offering interest-bearing loans to SMEs, which constitute a significant portion of its earnings. The company earns interest on these loans, creating a consistent revenue stream. Additionally, BLFY charges fees for payment processing services, transaction fees, and account maintenance, which contribute to its overall income. Strategic partnerships with technology providers and financial institutions enhance its service offerings and customer acquisition, further driving revenue growth. The company may also explore additional revenue streams through subscription models for premium services or value-added features within its digital banking platform.

Blue Foundry Financial Statement Overview

Summary

Blue Foundry's financial performance is challenged by modest revenue growth and persistent profitability issues. The income statement shows negative net profit and EBIT margins, while the balance sheet is strong with low leverage. Cash flow issues are significant, with negative operating cash flow and free cash flow growth. Overall, the company needs to improve operational efficiency and cash management.

Income Statement

Blue Foundry's income statement reflects a challenging financial environment. The company has experienced modest revenue growth, with a 2.26% increase in the TTM period. However, profitability remains a concern, as evidenced by negative net profit and EBIT margins. The gross profit margin has decreased slightly over time, indicating pressure on cost management. Overall, the income statement suggests a need for improved operational efficiency and cost control.

Balance Sheet

The balance sheet shows a strong equity position with a low debt-to-equity ratio of 0.011 in the TTM period, indicating financial stability. However, the return on equity is negative, reflecting ongoing profitability challenges. The equity ratio is stable, suggesting a solid asset base. Despite the low leverage, the company needs to address its profitability issues to enhance shareholder value.

Cash Flow

Cash flow analysis reveals significant challenges, with negative operating cash flow in the TTM period. The free cash flow growth rate is also negative, indicating cash management issues. The operating cash flow to net income ratio is unfavorable, suggesting inefficiencies in converting income into cash. The company must focus on improving cash generation to support its operations and growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	91.07M	87.25M	80.91M	65.08M	58.53M	50.06M
Gross Profit	41.94M	40.69M	44.16M	55.82M	47.26M	23.67M
EBITDA	-8.41M	-8.79M	-4.53M	5.40M	-24.38M	-37.45M
Net Income	-11.38M	-11.91M	-7.40M	2.40M	-36.34M	-31.51M
Balance Sheet
Total Assets	2.13B	2.06B	2.04B	2.04B	1.91B	1.94B
Cash, Cash Equivalents and Short-Term Investments	326.12M	339.53M	329.79M	355.43M	518.34M	561.03M
Total Debt	366.82M	364.67M	424.28M	337.82M	212.20M	354.94M
Total Liabilities	1.81B	1.73B	1.69B	1.65B	1.48B	1.74B
Stockholders Equity	321.30M	332.20M	355.64M	393.72M	429.47M	205.60M
Cash Flow
Free Cash Flow	-6.32M	4.92M	-17.69M	-2.58M	-26.04M	-8.54M
Operating Cash Flow	-5.99M	5.06M	-12.12M	2.78M	-14.14M	-1.25M
Investing Cash Flow	-99.08M	-30.01M	10.30M	-306.24M	-105.33M	101.39M
Financing Cash Flow	86.69M	21.42M	6.66M	151.19M	-3.52M	92.27M

Blue Foundry Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 8.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BLFY, the sentiment is Negative. The current price of 8.45 is below the 20-day moving average (MA) of 8.72, below the 50-day MA of 9.06, and below the 200-day MA of 9.27, indicating a bearish trend. The MACD of -0.15 indicates Positive momentum. The RSI at 40.17 is Neutral, neither overbought nor oversold. The STOCH value of 25.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BLFY.

Blue Foundry Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ATLO	―	$185.45M	11.56	8.35%	3.85%	5.89%	82.56%
FRAF	―	$204.72M	13.29	9.91%	2.84%	12.06%	―
Sector *	―	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
EFSI	―	$200.97M	16.72	6.63%	3.32%	-1.45%	-31.32%
NKSH	―	$178.31M	13.31	7.51%	5.56%	9.69%	41.26%
INBK	―	$154.05M	-4.66	-8.99%	1.37%	2.49%	-248.43%
BLFY	―	$185.29M	―	-2.82%	―	9.02%	17.85%

Blue Foundry Corporate Events

Blue Foundry Bancorp’s Mixed Earnings Call Insights

The recent earnings call of Blue Foundry Bancorp presented a mixed sentiment among investors and stakeholders. The company showcased significant progress in core deposits, loan growth, and net interest margin expansion. However, these positive developments were overshadowed by a net loss and a rise in nonperforming loans and operating expenses. While the bank’s strong capital position and strategic growth initiatives are commendable, the financial losses and increased nonperforming loans remain areas of concern.

Blue Foundry Bancorp’s Earnings Call: A Balanced Outlook

The recent earnings call of Blue Foundry Bancorp presented a mixed yet promising outlook. While the company reported a net loss and an increase in nonperforming assets, there were several positive developments. The growth in core deposits, diversification of the loan portfolio, and a robust capital position were highlighted as key achievements. These factors contribute to a balanced perspective on the company’s strategic progress and future potential.

Blue Foundry Bancorp Reports Q2 2025 Financial Results

Blue Foundry Bancorp is the holding company for Blue Foundry Bank, a full-service bank headquartered in Rutherford, New Jersey, offering tailored financial products and services to individuals and businesses across several counties. The company reported a net loss of $2.0 million for the second quarter of 2025, an improvement from the previous quarter’s loss of $2.7 million. Key highlights include an increase in net interest margin, stable expenses, and strong credit metrics, which the company attributes to its strategic focus on diversifying its loan portfolio and growing core deposits.