Insider Selling: BSB Bancorp Inc (BLMT) Insider Sells 1,718 Shares of Stock
BSB Bancorp Inc (NASDAQ:BLMT) insider Carroll M. Lowenstein, Jr. sold 1,718 shares of the company’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $34.80, for a total transaction of $59,786.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
NASDAQ BLMT traded down $0.90 during trading hours on Tuesday, hitting $34.22. The company had a trading volume of 93,577 shares, compared to its average volume of 75,558. The company has a debt-to-equity ratio of 4.02, a current ratio of 1.40 and a quick ratio of 1.39. BSB Bancorp Inc has a 1-year low of $26.64 and a 1-year high of $36.50. The company has a market capitalization of $344.55 million, a PE ratio of 13.43 and a beta of 0.86.
BSB Bancorp (NASDAQ:BLMT) last released its quarterly earnings data on Thursday, February 7th. The bank reported $0.63 earnings per share (EPS) for the quarter. BSB Bancorp had a net margin of 22.18% and a return on equity of 12.68%. The company had revenue of $16.72 million during the quarter.
Separately, BidaskClub upgraded shares of BSB Bancorp from a “sell” rating to a “hold” rating in a research note on Wednesday, January 30th.
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About BSB Bancorp
BSB Bancorp, Inc operates as the holding company for Belmont Savings Bank that provides commercial and retail banking services to small businesses, municipalities, nonprofit organizations, and other customers in the United States. Its deposit products include relationship checking accounts for consumers and businesses, passbook and statement savings accounts, certificates of deposit, money market accounts, interest on lawyer trust accounts, and individual retirement accounts, as well as commercial, municipal, and regular checking accounts.
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