Liquidity management has become increasingly reliant on the securities portfolio, with sales reaching $14.8 million in 2025Q4 to offset operating cash flow pressures.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 |
|---|
| Cash from Operations | 36.08M | 35.92M | 67.73M | 35.16M | 40.89M | 45.89M | 139.34M | 24.27M | 40.03M | 21.03M | 7.24M | 7.69M | 4.5M | 16.04M | 12.44M | 14.23M | -2.39M | 10K | 5.89M | 5.16M | 6.24M | 1.53M | 3.67M | 2.29M | 2.11M |
| Operating CF Growth % | 2.59% | -46.97% | 92.64% | -14.02% | -10.9% | -67.07% | 474.22% | -39.37% | 90.3% | 190.48% | -5.83% | 71.02% | -71.97% | 28.92% | -12.61% | 695.36% | -24010% | -99.83% | 14.09% | -17.35% | 308.78% | -58.34% | 60.33% | 8.49% | - |
| Net Income | 701K | -12.53M | 18.62M | 29.48M | 45.58M | 34.24M | 20.86M | 21.03M | 16.76M | 9.98M | 8M | 7.03M | 7.59M | 9.42M | -2.06M | 6.05M | 14.33M | 3.75M | 3.47M | 4.44M | 5.57M | 4.73M | 3.62M | 2.4M | 1.31M |
| Depreciation & Amortization | 1.17M | 968K | 249K | -555K | 639K | 2.22M | 442K | -152K | -175K | 1.06M | 617K | 1.7M | 693K | 1.99M | 2.6M | 2.36M | 2.52M | 730K | -283K | -270K | -315K | -196K | -27K | -84K | 143.15K |
| Deferred Taxes | -717K | -5.94M | 258K | -2.54M | -1.01M | -975K | -2.01M | 1.28M | -2.08M | 3.93M | 1.49M | 2K | 1.25M | -832K | -149K | -1.84M | -341K | -598K | -1.66M | -132K | -241K | -225K | -74K | -164K | -136.77K |
| Other Non-Cash Items | 33.82M | 54.06M | 49.1M | 7.01M | 817K | 3.02M | 123.52M | 1.56M | 26.18M | 3.37M | -1.49M | 3.79M | 1.18M | -1.02M | 18.21M | 2.69M | -16.79M | -1.32M | 4.92M | 173K | -1.55M | 310K | 745K | 880K | 843K |
| Working Capital Changes | -131K | -1.66M | -1.27M | 1.17M | -6.27M | 6.97M | -4.65M | -440K | -911K | 2.49M | -1.5M | -4.89M | -6.27M | 6.42M | -6.18M | 4.96M | -2.1M | -2.55M | -568K | 950K | 2.78M | -3.09M | -598K | -741K | -43.99K |
| Cash from Investing | 210.13M | 232.38M | 222.77M | -233.32M | -761.5M | -7.67M | -315.49M | 135.1M | -466.2M | -182.92M | -159.78M | -218.01M | -89.12M | -47.03M | -52.67M | 10.63M | 118.39M | 11.55M | -22.47M | -67.36M | -43.97M | -63.6M | -84.7M | -110.77M | -92.07M |
| Purchase of Investments | -63.09M | -62.33M | -15.22M | -12.5M | -27.47M | -26.14M | -77.1M | -1.15M | -16.37M | -75.07M | -95.72M | -1.17M | -3.03M | -5.06M | -57.33M | -95.54M | -105M | -147.87M | -62.78M | -41.19M | -38.45M | -57.65M | -75.82M | -76.44M | -27.85M |
| Sale/Maturity of Investments | 47.42M | 41.24M | 3.77M | 19.98M | 11.33M | 32.6M | 59.33M | 37.52M | 23.29M | 49.25M | 6.16M | 1.16M | 110.88M | 55.45M | 98.07M | 87.53M | 156.76M | 155.57M | 84.4M | 21.01M | 28.84M | 32.9M | 49.42M | 36.28M | 15.07M |
| Net Investment Activity | -15.67M | -21.09M | -11.46M | 7.48M | -16.13M | 6.46M | -17.77M | 36.37M | 6.92M | -25.83M | -89.56M | -14K | 107.85M | 50.39M | 40.74M | -8.01M | 51.76M | 7.7M | 21.62M | -20.18M | -9.6M | -24.75M | -26.41M | -40.15M | -12.78M |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.05M | 0 | 0 | 0 | 0 | 0 | 0 | 5.9M | 22.98M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | 216.36M | 254.52M | 235.45M | -236.27M | -744.85M | -13.8M | -296.34M | 101.25M | -476.6M | -155.19M | -64.14M | -214.41M | -195.22M | -95.77M | -92.28M | 14.99M | 44.36M | 3.94M | -43.99M | -46.75M | -33.66M | -38.67M | -57.98M | -67.39M | -78.01M |
| Cash from Financing | -205.23M | -309M | -252.74M | 248.33M | 538.34M | 112.17M | -112.98M | 195.72M | 497.2M | 221.09M | 84.94M | 310.83M | 86.9M | 26.69M | -41.73M | -29.89M | -62.22M | 49.02M | 11.57M | 48.15M | 38.42M | 82.69M | 73.79M | 115.13M | 67.94M |
| Dividends Paid | -11.25M | -12.55M | -12.28M | -11.14M | -11.18M | -10.94M | -10.53M | -10.06M | -9.36M | -7.16M | -6.95M | -5.38M | -5.21M | -4.42M | -4.31M | -4.55M | -3.41M | -2.23M | -1.9M | -1.55M | -1.5M | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | -3.82M | -3.41M | -4.21M | -4.87M | 0 | 0 | -13K | -7K | 0 | -12K | -1.92M | -10.85M | -5.57M | -1.81M | -39K | -1.29M | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Issued | 899K | 1.12M | 824K | 1.35M | 419K | 478K | 357K | 19.11M | 467K | 43.31M | 336K | 25.99M | 467K | 157K | 109K | 237K | 73K | 63K | 925K | 0 | 0 | 0 | 1.07M | 0 | 0 |
| Net Stock Activity | 899K | 1.12M | 824K | -2.46M | -2.99M | -3.73M | -4.51M | 19.11M | 467K | 43.3M | 329K | 25.99M | 455K | -1.76M | -10.74M | -5.33M | -1.73M | 24K | -370K | 0 | 0 | 0 | 1.07M | 0 | 0 |
| Debt Issuance (Net) | -4M | -1000K | -1000K | 1000K | 1000K | -1000K | -1000K | 0 | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 0 | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 0 |
| Other Financing | -14.08M | -77.28M | -228.22M | 167.89M | 250.43M | 243.64M | -44.01M | 181.35M | 432.96M | 177.17M | 118.28M | 245.37M | 59.89M | 27.88M | -36.84M | -20.02M | -13.26M | 53.23M | 11.83M | 16.07M | 19.9M | 25.61M | 83.59M | 90.13M | 61.78M |
| Net Change in Cash | 40.99M | -40.7M | 37.76M | 50.16M | -182.27M | 150.4M | -289.12M | 355.09M | 71.03M | 59.2M | -67.6M | 100.51M | 2.28M | -4.3M | -81.95M | -5.03M | 53.78M | 60.59M | -5.02M | -14.06M | 690K | 20.61M | -7.25M | 6.64M | -22.02M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 276.58M | 317.28M | 279.52M | 229.36M | 411.63M | 261.23M | 550.35M | 195.26M | 124.23M | 65.04M | 132.63M | 32.12M | 29.84M | 34.15M | 116.1M | 121.13M | 67.35M | 6.76M | 11.78M | 25.84M | 25.15M | 4.53M | 11.79M | 5.14M | 27.17M |
| Cash at End | 293.74M | 276.58M | 317.28M | 279.52M | 229.36M | 411.63M | 261.23M | 550.35M | 195.26M | 124.23M | 65.04M | 132.63M | 32.12M | 29.84M | 34.15M | 116.1M | 121.13M | 67.35M | 6.76M | 11.78M | 25.84M | 25.15M | 4.53M | 11.79M | 5.14M |
| Interest Paid | 76.09M | 81.06M | 102.57M | 81.59M | 15.47M | 15.59M | 34.26M | 40.8M | 25.64M | 15.72M | 16.52M | 13.63M | 10.26M | 10.6M | 11.97M | 13.27M | 13.91M | 15.11M | 16.72M | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 1.22M | 1.8M | 6.88M | 18.03M | 18.8M | 12.02M | 12.65M | 10.09M | 9.16M | 4.29M | 5.32M | 2.38M | 7.42M | 857K | 3.98M | 4.55M | 2.25M | 3.22M | 3.9M | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 34.64M | 34.87M | 66.5M | 30.63M | 40.37M | 45.57M | 137.96M | 21.75M | 38.46M | 19.13M | 1.16M | 4.11M | 2.75M | 14.39M | 11.3M | 11.99M | -3.1M | -85K | 5.79M | 4.72M | 5.53M | 1.34M | 3.35M | -939K | 825.8K |
| FCF Growth % | -45.08% | -47.56% | 117.11% | -24.13% | -11.4% | -66.97% | 534.17% | -43.44% | 101.09% | 1543.13% | -71.67% | 49.49% | -80.9% | 27.26% | -5.71% | 487.37% | -3541.18% | -101.47% | 22.58% | -14.68% | 314.15% | -60.1% | 456.55% | -213.71% | - |
CRE concentration credit risk
As reported in recent financial statements, BCBP's net income has experienced significant volatility, including a $12.0 million loss in 2025Q4, which severely limits the bank's ability to generate organic capital to support its balance sheet during periods of heightened credit provisioning and regional economic uncertainty.
The inconsistency in net income generation suggests that the bank's core earnings power is currently insufficient to build a robust capital buffer. Investors should monitor whether the bank's reliance on non-recurring items or provision adjustments masks a deeper structural inability to retain earnings for future growth.
Based on quarterly cash flow data, BCBP has consistently utilized investment sales to supplement liquidity, with sales reaching $14.8 million in 2025Q4, suggesting that the bank is actively managing its securities portfolio to offset operating cash flow pressures and potential funding gaps in the current environment.
The frequent rotation between purchasing and selling investment securities indicates a tactical approach to liquidity management rather than a long-term duration strategy. This behavior may imply that the bank is struggling to maintain sufficient cash reserves through traditional deposit gathering, necessitating the liquidation of assets to meet obligations.
According to historical cash flow filings, BCBP recorded a substantial $20.8 million provision for credit losses in 2025Q1, which highlights the significant impact of credit-related adjustments on the bank's cash flow profile and underscores the potential for further asset quality deterioration in the multi-family portfolio.
The magnitude of these provisions relative to net income suggests that management is proactively addressing latent risks within the loan book. Analysts should interpret these figures as a potential indicator of future charge-offs, which may continue to weigh on the bank's ability to maintain positive operating cash flow.
As evidenced by the company's cash flow statements, BCBP has maintained a consistent dividend payout of approximately $3.1 million per quarter through 2025, even as net income turned negative, which warrants investigation into the long-term sustainability of these distributions given the current capital constraints.
Continuing to pay dividends during periods of negative earnings and high provisioning suggests a potential misalignment between capital return policies and the bank's current financial health. Investors should monitor whether management prioritizes dividend stability over the preservation of regulatory capital ratios in the coming quarters.
Quick answers to the most common questions about buying BCBP stock.
BCB Bancorp, Inc. (BCBP) generated $35.9M in net cash from operating activities in 2025. This reflects the cash generated directly from core business operations.
BCB Bancorp, Inc. (BCBP) generated $34.9M in free cash flow in 2025. Free cash flow is the cash left over after capital expenditures, which can be used to pay dividends, repurchase shares, or pay down debt.
BCB Bancorp, Inc. (BCBP) spent $1.0M on capital expenditures in 2025. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.
In 2025, BCB Bancorp, Inc. (BCBP) returned $12.6M to shareholders via cash dividends. This shows the company's commitment to returning capital to its equity investors.