Blue Foundry (BLFY) AI Stock Analysis

• Market Cap: $273.63M
• Dividend Yield: N/A
• Average Volume (3M): 47.44K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.09
• Revenue Growth: 9.02%
• EPS Growth: 17.85%
• Country: US
• Employees: 184
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): N/A
• Shares Outstanding: 20,761,225
• 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: 2.10
• Enterprise Value/Revenue: 6.12
• Enterprise Value/Gross Profit: 12.82
• Enterprise Value/Ebitda: -90.82
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -0.15
• Revenue Forecast (FY): $57.85M

• Rating: 54 Neutral
• Price Target: $13.50 ▲(2.58% Upside)
• Action: Reiterated Date: 01/31/26
• Date: Action: Reiterated 01/31/26

The score is held back primarily by weak financial performance (ongoing losses and negative cash flow) and an unattractive earnings-based valuation (negative P/E). These are partially offset by constructive technical momentum (price above major moving averages with positive MACD) and a mixed-but-improving earnings call profile (better margin and growth balanced against higher nonperforming loans and continued net loss).

Positive Factors

Merger with Fulton Financial

The merger with Fulton Financial is expected to be accretive to earnings and tangible book value, enhancing market position and growth prospects.

Revenue Growth

Consistent revenue growth indicates strong demand for Blue Foundry's financial services, supporting long-term business sustainability.

Strong Capital Position

A strong capital position provides financial stability and flexibility, enabling strategic investments and resilience against economic downturns.

Negative Factors

Profitability Challenges

Ongoing profitability challenges, as evidenced by net losses, may hinder long-term financial health and investment capacity.

Nonperforming Loans Increase

Rising nonperforming loans can strain financial resources and indicate potential credit risk, affecting future profitability.

Cash Flow Issues

Negative cash flow generation can limit operational flexibility and investment in growth initiatives, impacting long-term viability.

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

Revenue is growing modestly, and leverage is very low (debt-to-equity 0.01), but profitability and cash generation remain weak with negative margins and negative operating/free cash flow. The balance sheet looks stable, yet negative ROE and cash flow pressure keep the score below average.

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	93.70M	87.25M	80.91M	65.08M	58.53M	50.06M
Gross Profit	44.73M	40.69M	44.16M	55.82M	47.26M	23.67M
EBITDA	-6.32M	-8.79M	-4.53M	5.40M	-24.38M	-37.45M
Net Income	-9.20M	-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	318.03M	339.53M	329.79M	355.43M	518.34M	561.03M
Total Debt	343.98M	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: Neutral
• Last Price: 13.16
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• 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 Neutral. The current price of 13.16 is below the 20-day moving average (MA) of 13.98, below the 50-day MA of 13.25, and above the 200-day MA of 10.28, indicating a neutral trend. The MACD of 0.16 indicates Positive momentum. The RSI at 42.38 is Neutral, neither overbought nor oversold. The STOCH value of 26.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BLFY.

Blue Foundry Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NKSH	72 Outperform	$239.04M	15.10	7.51%	4.47%	9.69%	41.26%
ATLO	71 Outperform	$240.18M	12.63	8.35%	3.49%	5.89%	82.82%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
EFSI	67 Neutral	$186.61M	21.83	6.63%	3.11%	-1.45%	-31.32%
FRAF	67 Neutral	$230.58M	10.86	9.91%	2.51%	12.06%	10.38%
BLFY	54 Neutral	$273.63M	-28.92	-2.82%	―	9.02%	17.85%
INBK	51 Neutral	$176.56M	-5.03	-8.99%	1.07%	2.49%	-248.43%

Blue Foundry Corporate Events

Blue Foundry Shareholders Approve Merger with Fulton Financial

On January 29, 2026, Blue Foundry Bancorp shareholders approved an Agreement and Plan of Merger under which Blue Foundry will merge with and into Fulton Financial Corporation, with Fulton remaining as the surviving entity. At the special meeting, a quorum was achieved with 16,797,721 of 20,761,225 eligible shares represented, and the merger proposal passed by a substantial majority vote, alongside approval of a contingency proposal to adjourn the meeting if additional proxy solicitation had been needed, though adjournment ultimately proved unnecessary. The vote clears a key shareholder hurdle for the transaction, signaling investor support for Blue Foundry’s combination with a larger banking group and potentially altering the company’s future operations and competitive positioning within the regional banking landscape once the merger is completed.

The most recent analyst rating on (BLFY) stock is a Hold with a $13.50 price target. To see the full list of analyst forecasts on Blue Foundry stock, see the BLFY Stock Forecast page.

Blue Foundry Announces Merger with Fulton Financial

On November 24, 2025, Blue Foundry Bancorp and Fulton Financial Corporation announced a definitive merger agreement in which Blue Foundry will merge into Fulton in an all-stock transaction valued at approximately $243 million. This merger, expected to close in the second quarter of 2026, will expand Fulton’s presence in northern New Jersey and is anticipated to be accretive to earnings and tangible book value. The merger has been unanimously approved by both companies’ boards and is subject to customary closing conditions, including regulatory approvals and stockholder approval from Blue Foundry.

The most recent analyst rating on (BLFY) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on Blue Foundry stock, see the BLFY Stock Forecast page.