BidaskClub Downgrades BSB Bancorp (BLMT) to Strong Sell
BSB Bancorp (NASDAQ:BLMT) was downgraded by equities researchers at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued on Tuesday.
BSB Bancorp (NASDAQ:BLMT) opened at $30.00 on Tuesday. The company has a debt-to-equity ratio of 3.36, a quick ratio of 1.31 and a current ratio of 1.32. BSB Bancorp has a 1 year low of $26.65 and a 1 year high of $32.15. The firm has a market cap of $288.53, a price-to-earnings ratio of 17.47 and a beta of 0.40.
BSB Bancorp (NASDAQ:BLMT) last posted its quarterly earnings data on Thursday, October 19th. The bank reported $0.50 earnings per share for the quarter. The business had revenue of $15.06 million for the quarter. BSB Bancorp had a net margin of 20.64% and a return on equity of 9.29%.
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BSB Bancorp Company Profile
BSB Bancorp, Inc (BSB Bancorp) is a bank holding company of Belmont Savings Bank (the Bank). The Company’s Belmont Savings Bank is a chartered savings bank. The Bank’s business consists primarily of accepting deposits from the general public, small businesses and municipalities, and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential mortgage loans, commercial real estate loans, multi-family real estate loans, home equity lines of credit, indirect automobile loans, commercial business loans, construction loans and investment securities.
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