BCB Bancorp posts $132.5 million Q3 net loss after $115.0 million loan loss provision
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.
Key points
- 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.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 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.