Blue Foundry (BLFY) AI Stock Analysis

• Market Cap: $173.68M
• Dividend Yield: N/A
• Average Volume (3M): 47.44K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.77
• 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: 2.96
• Enterprise Value/Revenue: 7.44
• Enterprise Value/Gross Profit: 15.74
• Enterprise Value/Ebitda: -87.83
• 1Y Price Target: $10.00
• Price Target Upside: 29.03% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: $8.00 ▲(3.23% Upside)

Blue Foundry's overall stock score is primarily impacted by its financial performance challenges, including profitability and cash flow issues. Technical indicators suggest a bearish trend, and valuation metrics are weak due to negative earnings. While the earnings call highlighted some positive strategic initiatives, the financial losses and increased nonperforming loans are significant concerns.

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 shows revenue growth but struggles with profitability and cash flow. The balance sheet is strong with low leverage, but negative returns on equity and cash flow issues highlight operational inefficiencies.

Income Statement

Blue Foundry's income statement shows a mixed performance. The company has experienced revenue growth, with a TTM revenue growth rate of 2.89%. However, profitability remains a challenge, as evidenced by negative net profit margins and EBIT margins over the periods. The gross profit margin has significantly declined from previous years, indicating pressure on cost management or pricing strategies. Overall, while revenue is growing, the company struggles to convert this into profit.

Balance Sheet

The balance sheet of Blue Foundry reflects a strong equity position with a low debt-to-equity ratio of 0.01 in the TTM period, indicating low leverage. However, the return on equity is negative, suggesting inefficiencies in generating returns from equity. The equity ratio is stable, showing a solid asset base backed by equity. The balance sheet is stable, but the company needs to improve its return on equity.

Cash Flow

Cash flow analysis reveals challenges in generating positive cash flows. The TTM period shows negative operating and free cash flows, with a significant decline in free cash flow growth. The operating cash flow to net income ratio is negative, indicating cash flow issues relative to reported earnings. The company needs to address its cash flow generation to improve financial health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	69.16M	87.25M	80.91M	65.08M	58.53M	50.06M
Gross Profit	32.71M	40.69M	44.16M	55.82M	47.26M	23.67M
EBITDA	-5.86M	-8.79M	-4.53M	5.40M	-24.38M	-37.45M
Net Income	-7.34M	-11.91M	-7.40M	2.40M	-36.34M	-31.51M
Balance Sheet
Total Assets	2.16B	2.06B	2.04B	2.04B	1.91B	1.94B
Cash, Cash Equivalents and Short-Term Investments	0.00	339.53M	329.79M	355.43M	518.34M	561.03M
Total Debt	324.15M	364.67M	424.28M	337.82M	212.20M	354.94M
Total Liabilities	1.84B	1.73B	1.69B	1.65B	1.48B	1.74B
Stockholders Equity	314.40M	332.20M	355.64M	393.72M	429.47M	205.60M
Cash Flow
Free Cash Flow	-2.65M	4.92M	-17.69M	-2.58M	-26.04M	-8.54M
Operating Cash Flow	-2.55M	5.06M	-12.12M	2.78M	-14.14M	-1.25M
Investing Cash Flow	-135.42M	-30.01M	10.30M	-306.24M	-105.33M	101.39M
Financing Cash Flow	105.95M	21.42M	6.66M	151.19M	-3.52M	92.27M

Blue Foundry Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 7.75 is below the 20-day moving average (MA) of 8.23, below the 50-day MA of 8.72, and below the 200-day MA of 9.16, indicating a bearish trend. The MACD of -0.24 indicates Positive momentum. The RSI at 31.72 is Neutral, neither overbought nor oversold. The STOCH value of 7.62 is Positive, 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	71 Outperform	$186.29M	11.67	8.35%	3.73%	5.89%	82.82%
FRAF	71 Outperform	$217.57M	13.70	9.91%	2.70%	12.06%	10.38%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
EFSI	67 Neutral	$191.29M	15.91	6.63%	3.57%	-1.45%	-31.32%
NKSH	64 Neutral	$183.60M	14.01	7.51%	5.04%	9.69%	41.26%
INBK	48 Neutral	$155.35M	-4.70	-8.99%	1.37%	2.49%	-248.43%
BLFY	47 Neutral	$173.68M	-17.73	-2.82%	―	9.02%	17.85%

Blue Foundry Corporate Events

Blue Foundry Bancorp Reports Q3 2025 Financial Results

Blue Foundry Bancorp, a full-service bank headquartered in Rutherford, New Jersey, serves a diverse range of clients with a focus on innovative banking solutions. The company operates primarily in the financial services sector, offering tailored products to individuals and businesses.

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.