BidaskClub lowered shares of BSB Bancorp (NASDAQ:BLMT) from a hold rating to a sell rating in a research note released on Saturday morning.
BSB Bancorp (NASDAQ BLMT) opened at $29.75 on Friday. BSB Bancorp has a 52 week low of $26.65 and a 52 week high of $32.15. The stock has a market capitalization of $292.90, a price-to-earnings ratio of 17.74 and a beta of 0.40. The company has a quick ratio of 1.31, a current ratio of 1.32 and a debt-to-equity ratio of 3.36.
BSB Bancorp (NASDAQ:BLMT) last released its quarterly earnings results on Thursday, October 19th. The bank reported $0.50 earnings per share (EPS) for the quarter. BSB Bancorp had a return on equity of 9.29% and a net margin of 20.64%. The company had revenue of $15.06 million during the quarter.
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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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