BCB Bancorp Prices $85.3 Million Common Stock Offering
MT newswire2026/09/17 16:13Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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12:13 PM EDT, 09/17/2026 (MT Newswires) -- BCB Bancorp (BCBP) is pricing its offering of 11 million shares of common stock for gross proceeds of $85.3 million, the holding company for BCB Community Bank said late Wednesday. Underwriters have been granted a 30-day option to purchase an additional 1.7 million shares at the public offering price, according to the company. BCB Bancorp said it intends to use the net proceeds from the offering for general corporate purposes, which include supporting the bank in connection with the expected disposition of identified potential problem loans, reducing debt, among others. The offering is slated to close on Friday, subject to satisfaction of customary closing conditions. Price: 8.40, Change: +0.15, Percent Change: +1.82
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