BCB Bancorp starts $75 million stock offering amid bank overhaul
BCB Bancorp launched a $75 million stock offering on Wednesday as CEO Thomas O’Brien pursues a U.S. community bank overhaul aimed at improving asset quality. Shares were down 4% in extended trading after earlier falling 21%.
S. community bank and improve its asset quality. Shares of the Bayonne, New Jersey-based bank were down 4% in extended trading after earlier falling 21%.