The institution maintains an equity-to-assets ratio of 0.14, providing a necessary capital buffer as it pivots its $2.2 billion asset base toward commercial and multi-family lending.
| Cash & Short Term Investments | 145.26M | 339.53M | 329.79M | 355.43M | 518.34M | 561.03M | 328.44M |
| Cash & Due from Banks | 53.14M | 42.5M | 46.02M | 41.18M | 193.45M | 316.44M | 124.03M |
| Short Term Investments | 92.12M | 297.03M | 283.77M | 314.25M | 324.89M | 244.59M | 204.41M |
| Total Investments | 2B | 1.9B | 1.86B | 1.88B | 1.62B | 1.52B | 1.63B |
| Investments Growth % | 5.46% | 1.99% | -0.86% | 15.93% | 6.39% | -6.38% | - |
| Long-Term Investments | 1.91B | 1.6B | 1.58B | 1.57B | 1.3B | 1.28B | 1.42B |
| Accounts Receivables | 9.29M | 8.01M | 7.59M | 6.89M | 5.37M | 5.75M | 5.39M |
| Goodwill & Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | 15.46M |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 15.46M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 48.53M | 52.96M | 57.65M | 55.73M | 53.58M | 44.45M | 32.27M |
| Other Assets | 52.66M | 56.59M | 70.1M | 59.85M | 40.45M | 51.9M | 49.13M |
| Total Current Assets | 154.55M | 347.54M | 337.39M | 362.32M | 523.71M | 566.78M | 333.83M |
| Total Non-Current Assets | 2.01B | 1.71B | 1.71B | 1.68B | 1.39B | 1.38B | 1.52B |
| Total Assets | 2.17B | 2.06B | 2.04B | 2.04B | 1.91B | 1.94B | 1.85B |
| Asset Growth % | 5.21% | 0.77% | 0.08% | 6.75% | -1.46% | 4.77% | - |
| Return on Assets (ROA) | -0.47% | -0.58% | -0.36% | 0.12% | -1.88% | -1.66% | 0.3% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 324.43M | 364.67M | 424.28M | 337.82M | 212.2M | 354.94M | 296.9M |
| Net Debt | 271.29M | 322.17M | 378.25M | 296.64M | 18.75M | 38.49M | 172.87M |
| Long-Term Debt | 301M | 339.5M | 397.5M | 310.5M | 185.5M | 329.4M | 296.9M |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 20.96M | 20.5M | 20.14M | 22.93M | 25.5M | 25.83M | 24.58M |
| Total Current Liabilities | 1.51B | 1.34B | 1.24B | 1.29B | 1.25B | 1.36B | 1.3B |
| Total Non-Current Liabilities | 345.39M | 385.17M | 444.42M | 360.76M | 237.7M | 380.76M | 321.48M |
| Total Liabilities | 1.86B | 1.73B | 1.69B | 1.65B | 1.48B | 1.74B | 1.62B |
| Total Equity | 312.74M | 332.2M | 355.64M | 393.72M | 429.47M | 205.6M | 237.62M |
| Equity Growth % | -5.86% | -6.59% | -9.67% | -8.32% | 108.89% | -13.48% | - |
| Equity / Assets (Capital Ratio) | 14.43% | 16.12% | 17.39% | 19.27% | 22.44% | 10.58% | 12.82% |
| Return on Equity (ROE) | -3.11% | -3.46% | -1.97% | 0.58% | -11.45% | -14.22% | 2.31% |
| Book Value per Share | 15.92 | 15.47 | 14.86 | 14.99 | 16.31 | 7.40 | 8.56 |
| Tangible BV per Share | 15.92 | 15.47 | 14.86 | 14.99 | 16.31 | 7.40 | 8.00 |
| Common Stock | 285K | 285K | 285K | 285K | 285K | 10K | 10K |
| Additional Paid-in Capital | 280.75M | 277.3M | 273.99M | 279.45M | 282.01M | 822K | 822.12K |
| Retained Earnings | 142.4M | 152.43M | 164.34M | 171.76M | 169.46M | 205.8M | 237.31M |
| Accumulated OCI | -16.07M | -18.95M | -22.88M | -24.72M | -372K | -1.03M | -517K |
| Treasury Stock | -76.38M | -59.7M | -40.02M | -12.07M | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Regional Real Estate Concentration
According to recent financial disclosures, Blue Foundry Bancorp has expanded its total assets to $2.2 billion by 2025Q4, primarily driven by a strategic increase in the investment securities portfolio to $2.0 billion, suggesting a pivot toward liquid asset accumulation rather than organic loan book expansion.
The bank's asset growth appears to be heavily weighted toward securities rather than traditional lending, which may indicate a cautious approach to credit risk in the current economic climate. This shift suggests that management is prioritizing liquidity and interest-bearing assets over the risks associated with expanding the loan portfolio in a concentrated regional market.
As reported in quarterly filings, the bank maintains an equity-to-assets ratio of 0.14 as of 2025Q4, reflecting a substantial capital base that provides a necessary buffer for the ongoing operational losses incurred during the bank's transition from a mutual thrift to a modern commercial institution.
While the equity-to-assets ratio has slightly declined from 0.17 in 2023Q3, the bank remains well-capitalized relative to its peers. This capital position appears to be a deliberate strategic choice, allowing the bank to absorb the costs of its rebranding and technology modernization without immediate pressure on its regulatory solvency.
Based on the latest balance sheet data, the bank holds $53.1 million in cash and cash equivalents alongside a $2.0 billion securities portfolio, indicating that the institution relies heavily on its investment holdings to manage liquidity needs rather than maintaining a high cash-on-hand position.
The reliance on a large securities portfolio for liquidity suggests that the bank's ability to meet funding requirements is tied to the market value and duration of these assets. Investors should monitor whether this liquidity strategy creates sensitivity to interest rate fluctuations, particularly if the bank is forced to liquidate securities at a loss to meet deposit outflows.
Data from recent financial statements indicates that the bank's balance sheet is heavily skewed toward long-term assets, which may create a duration mismatch that leaves the net interest margin vulnerable to sustained high interest rates and competitive pressures on deposit pricing in the New Jersey market.
The combination of a legacy residential mortgage book and a large securities portfolio suggests that the bank's assets may reprice more slowly than its deposit liabilities. This structural mismatch warrants further investigation, as it may explain the persistent compression of the net interest margin and the difficulty in achieving positive profitability in the current rate environment.
Quick answers to the most common questions about buying BLFY stock.
As of 2025, Blue Foundry Bancorp (BLFY) had total assets of $2.17B including $154.6M in current assets.
Blue Foundry Bancorp (BLFY) carries total debt of $324.4M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Blue Foundry Bancorp (BLFY) has total shareholders' equity (book value) of $312.7M ($15.92 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Blue Foundry Bancorp (BLFY) reported a current ratio of 0.10x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.