Every material Form 8-K BCB BANCORP INC has filed with the SEC since September 25, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
BCB Bancorp reported a third-quarter 2026 net loss attributable to common stockholders of $132.5 million, or ($6.92) per diluted share, driven by a $115.0 million provision for credit losses and a $59.9 million non-cash deferred tax asset valuation allowance. The company also completed a $98.0 million equity offering and sold $204.3 million of problem loans, and it reorganized its executive team, which matters to shareholders given the size of the loss and the change in per-share results.
Q3 2026 net loss attributable to common stockholders was $132.5 million, or ($6.92) per diluted share, versus ($0.85) in Q2 2026 and $0.22 earnings per share in Q3 2025.
Provision for credit losses was $115.0 million in Q3 2026, compared with $19.0 million in Q2 2026 and $4.1 million in Q3 2025.
The company completed a $98.0 million underwritten public offering and sold $204.3 million of problem loans during the quarter.
Ryan Blake moved from Chief Operating Officer to Chief Banking Officer of the Bank, and Eleni Willis was appointed Chief Risk Officer.
BCB Bancorp appointed Steven E. Gallotta and Denny Kim to its board and Patricia M. Schaubeck as Executive Vice President, Chief Legal Officer and Corporate Secretary, effective October 7, 2026, as part of a reorganization of its legal department and C-suite. The filing discloses no financial results, and the company does not state any financial effect of the changes.
Steven E. Gallotta, a former KPMG audit partner, joins the board and will serve on the Audit Committee.
Denny Kim, founder of Whale Point Capital, joins the board and will serve on the Nominating and Corporate Governance Committee.
Patricia M. Schaubeck joins as Executive Vice President, Chief Legal Officer and Corporate Secretary, with an annual base salary of $444,600.
Both new directors serve until the 2027 annual meeting of shareholders, and the board determined both are independent.
BCB Bancorp, Inc. said its bank agreed between September 21 and September 24, 2026 to sell problem loan portfolios with an aggregate unpaid principal balance of about $205.3 million as of June 30, 2026, with six purchasers. The company estimates a pre-tax loss of $43.3 million from the sales, to be recorded in the third quarter of 2026, and says the sales reduce balance sheet risk.
Six definitive agreements with six different purchasers; aggregate unpaid principal balance of about $205.3 million as of June 30, 2026
Portfolios include $180.7 million of commercial and multifamily real estate loans, $14.8 million of C&I loans, and $9.8 million of construction loans
Estimated pre-tax loss of $43.3 million, to be recorded in the third quarter of 2026
Five of the six sale transactions have closed; the last is expected to close before the end of the third quarter of 2026
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every BCB BANCORP INC filing is on SEC EDGAR ↗. 8-K briefs of other companies →