BSB Bancorp, Inc. (NASDAQ:BLMT) Director Richard J. Fougere sold 500 shares of BSB Bancorp stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $31.55, for a total transaction of $15,775.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
BSB Bancorp, Inc. (BLMT) opened at $31.55 on Tuesday. The company has a current ratio of 1.32, a quick ratio of 1.31 and a debt-to-equity ratio of 3.36. The stock has a market cap of $305.04, a PE ratio of 18.47 and a beta of 0.40. BSB Bancorp, Inc. has a 52-week low of $26.65 and a 52-week high of $32.15.
BSB Bancorp (NASDAQ:BLMT) last posted its quarterly earnings data on Thursday, October 19th. The bank reported $0.50 earnings per share for the quarter. The business had revenue of $15.06 million during the quarter. BSB Bancorp had a net margin of 20.64% and a return on equity of 9.29%.
Large investors have recently bought and sold shares of the company. Schwab Charles Investment Management Inc. increased its position in BSB Bancorp by 72.2% during the second quarter. Schwab Charles Investment Management Inc. now owns 15,267 shares of the bank’s stock worth $447,000 after purchasing an additional 6,400 shares during the last quarter. Bank of New York Mellon Corp increased its position in BSB Bancorp by 29.2% during the second quarter. Bank of New York Mellon Corp now owns 44,060 shares of the bank’s stock worth $1,289,000 after purchasing an additional 9,968 shares during the last quarter. Banc Funds Co. LLC increased its position in BSB Bancorp by 10.4% during the second quarter. Banc Funds Co. LLC now owns 899,860 shares of the bank’s stock worth $26,321,000 after purchasing an additional 84,977 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in BSB Bancorp by 3.1% during the second quarter. The Manufacturers Life Insurance Company now owns 463,003 shares of the bank’s stock worth $13,543,000 after purchasing an additional 13,728 shares during the last quarter. Finally, First Trust Advisors LP acquired a new position in BSB Bancorp during the second quarter worth approximately $444,000. 49.85% of the stock is owned by institutional investors and hedge funds.
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About BSB Bancorp
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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