Head to Head Analysis: Blue Foundry Bancorp (NASDAQ:BLFY) and NB Bancorp (NASDAQ:NBBK)

Blue Foundry Bancorp (NASDAQ:BLFY) and NB Bancorp (NASDAQ:NBBK) are both small-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, earnings, risk, dividends and profitability.

Analyst Ratings

This is a breakdown of recent ratings and target prices for Blue Foundry Bancorp and NB Bancorp, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Blue Foundry Bancorp	0	2	0	0	2.00
NB Bancorp	0	0	1	0	3.00

Blue Foundry Bancorp presently has a consensus price target of $9.50, suggesting a potential upside of 5.79%. NB Bancorp has a consensus price target of $17.00, suggesting a potential upside of 17.24%. Given NB Bancorp’s stronger consensus rating and higher probable upside, analysts plainly believe NB Bancorp is more favorable than Blue Foundry Bancorp.

Valuation and Earnings

This table compares Blue Foundry Bancorp and NB Bancorp’s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Blue Foundry Bancorp	$41.17 million	5.17	-$7.40 million	($0.40)	-22.45
NB Bancorp	$236.08 million	2.62	$9.82 million	N/A	N/A

NB Bancorp has higher revenue and earnings than Blue Foundry Bancorp.

Profitability

This table compares Blue Foundry Bancorp and NB Bancorp’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Blue Foundry Bancorp	-10.89%	-2.52%	-0.44%
NB Bancorp	N/A	N/A	N/A

Institutional and Insider Ownership

56.5% of Blue Foundry Bancorp shares are owned by institutional investors. 6.0% of Blue Foundry Bancorp shares are owned by company insiders. Comparatively, 1.7% of NB Bancorp shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

NB Bancorp beats Blue Foundry Bancorp on 8 of the 11 factors compared between the two stocks.

About Blue Foundry Bancorp

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 in the United States. The company offers saving, time, and non-interest bearing deposits; demand accounts; and loans, such as one-to-four family residential property, multi-family, residential real estate, non-residential real estate, consumer, construction, and commercial and industrial loans, as well as junior liens and home equity lines of credit. 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.

About NB Bancorp

NB Bancorp, Inc. focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in Greater Boston metropolitan area and surrounding communities in Massachusetts, eastern Connecticut, southern New Hampshire, and Rhode Island. The company offers various deposits, including certificate of deposit, individual retirement, money market, savings, NOW, demand deposit, and interest-bearing and noninterest-bearing checking accounts; and commercial real estate and multifamily, one- to four-family residential real estate, construction and land development, commercial and industrial, and consumer loans, as well as home equity loans and lines of credit. It also invests in securities consisting of U.S. treasury and federal agency securities, government-sponsored residential mortgage-backed securities, municipal bonds, and corporate bonds. The company was founded in 1892 and is based in Needham, Massachusetts.