BSB Bancorp (BLMT) Downgraded to Sell at BidaskClub
BidaskClub downgraded shares of BSB Bancorp (NASDAQ:BLMT) from a hold rating to a sell rating in a research report report published on Saturday morning.
Shares of BSB Bancorp (NASDAQ BLMT) traded down $0.25 during midday trading on Friday, hitting $30.15. The stock had a trading volume of 6,967 shares, compared to its average volume of 6,958. BSB Bancorp has a 52 week low of $26.65 and a 52 week high of $32.15. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.32 and a quick ratio of 1.31. The stock has a market capitalization of $292.90, a P/E ratio of 17.74 and a beta of 0.40.
BSB Bancorp (NASDAQ:BLMT) last issued its earnings results on Thursday, October 19th. The bank reported $0.50 earnings per share 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.
WARNING: This report was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another website, it was stolen and republished in violation of United States & international trademark and copyright legislation. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/12/10/bsb-bancorp-blmt-downgraded-to-sell-at-bidaskclub.html.
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.
Receive News & Stock Ratings for BSB Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BSB Bancorp Inc. and related stocks with our FREE daily email newsletter.