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Weekly Recap: Sale of problem-loan portfolios and Piper Sandler cut

BCB Bancorp, Inc. (NASDAQ:BCBP) is selling six problem-loan portfolios totaling about $205M—five deals closed with the final sale expected before Q3-end and a Q3 pre-tax loss anticipated—while Piper Sandler cut its price target from $11.00 to $9.50 per share.Previous Week RecapThis is an AI-generat…

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