Blue Foundry Bancorp Reports Third Quarter 2025 Financial Results

Blue Foundry Bancorp (NASDAQ:BLFY) reported a net loss of $1.9 million, or $0.10 per diluted common share, for the third quarter of 2025. This compares to a net loss of $2.0 million in the previous quarter and a net loss of $4.0 million in the same quarter of the previous year. The company highlighted improvements in its net interest margin, which increased to 2.34%, driven by higher yields on assets and lower funding costs. Loans increased by $41.9 million to $1.71 billion, and deposits grew by $77.1 million to $1.49 billion. The company also repurchased 837,388 shares during the quarter. Despite the net loss, Blue Foundry Bancorp remains focused on enhancing shareholder value and improving profitability.