BCB Bancorp to sell problem loan portfolios with $205.3 million unpaid balance
The company said the portfolios had an unpaid principal balance of $205.30 million as of June 30, 2026 and expects a pre-tax loss of $43.30 million in Q3 2026.
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BCB Bancorp, Inc. Announces Definitive Agreements to Sell Problem Loan Portfolios
BAYONNE, N.J., Sept. 25, 2026 (GLOBE NEWSWIRE) -- BCB Bancorp, Inc. (the “Company”), NASDAQ:BCBP, the holding company for BCB Community Bank (the “Bank”), announced today that the Bank has entered into definitive agreements to sell several portfolios of certain problem loans, most of which are rate…
BCB Bancorp signs agreements to sell problem loan portfolios
BCB Bancorp said it has entered into definitive agreements to sell problem loan portfolios.