Welcome to our dedicated page for Blue Foundry Bancorp SEC filings (Ticker: BLFY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Blue Foundry Bancorp filings document the bank holding company's completed merger into Fulton Financial Corporation and the related public-company status changes for BLFY common stock. The record includes Form 8-K material-event reports for the merger closing and shareholder vote, Nasdaq's Form 25 removal from listing and registration, and Form 15 termination of Exchange Act registration for the common stock.
Earlier filings also covered operating results for Blue Foundry Bancorp as the holding company for Blue Foundry Bank, including quarterly financial-condition disclosures, capital-structure matters, material agreements, governance topics, and shareholder voting records.
Fulton Financial Corporation has agreed to acquire Blue Foundry Bancorp in an all-stock merger. Each share of Blue Foundry common stock will be exchanged for 0.6500 shares of Fulton common stock, valuing the deal at about $243 million, or $11.67 per Blue Foundry share, based on Fulton’s $17.96 share price as of November 21, 2025. The companies expect the transaction to be accretive to Fulton’s first full-year earnings per share by over 5%, immediately accretive to tangible book value per share, and neutral to regulatory capital ratios at closing.
The merger expands Fulton’s footprint in the northern New Jersey market, with Blue Foundry Bank to be merged into Fulton Bank, N.A. after closing, which is targeted for the second quarter of 2026, subject to regulatory and Blue Foundry stockholder approvals. Fulton will also contribute $1.5 million to its Fulton Forward® Foundation for New Jersey community grants. As of September 30, 2025, Fulton reported $31.995 billion in total assets, a tangible common equity to tangible assets ratio of 8.3%, and a 15.8% operating return on average tangible common shareholders’ equity.
Blue Foundry Bancorp reported third‑quarter 2025 results showing narrower losses and stronger core spread income. The company posted a net loss of $1.868 million (basic and diluted EPS $‑0.10) versus a loss of $4.041 million a year ago. Net interest income rose to $12.191 million from $9.087 million as loan interest grew.
Total assets were $2.156 billion. Loans receivable, net, reached $1.701 billion, and deposits were $1.493 billion. The provision for credit losses was $589 thousand. Non‑interest income was $416 thousand, while non‑interest expense totaled $13.886 million.
For the nine months ended September 30, 2025, the company recorded a net loss of $6.517 million (basic EPS $‑0.33). Shareholders’ equity was $314.397 million, down from $332.198 million at December 31, 2024, reflecting treasury stock purchases; treasury shares increased to 7,761,275. As of November 7, 2025, common shares outstanding were 20,761,225. Past‑due loans totaled $11.429 million, including $9.814 million at 90 days and greater. Unrealized losses on available‑for‑sale securities improved to $19.853 million.
Blue Foundry Bancorp furnished an update on its financial performance. On October 29, 2025, the company issued a press release reporting financial results for the period ended September 30, 2025.
The press release was furnished as Exhibit 99.1 to a Form 8‑K under Item 2.02 and is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934. The filing lists the company’s common stock (BLFY) on The NASDAQ Stock Market LLC.
Blue Foundry Bancorp (BLFY) Form 4: The company's Chief Risk Officer and Director, Keith Owes, reported an open-market sale of 1,023 shares of BLFY common stock on 09/18/2025 at a price of $9.68 per share. After the sale, the reporting person beneficially owned 14,477 shares, which include 10,167 restricted stock grant shares that have not vested. The filing was signed on behalf of the reporting person by Mary M. Russell under power of attorney on 09/22/2025. The Form 4 discloses the transaction code F and lists the reporting relationship as Officer (Chief Risk Officer) and Director.
Driehaus Capital Management LLC reports beneficial ownership of 400,997 shares of Blue Foundry Bancorp common stock, representing 1.87% of the class. The filing indicates shared voting and dispositive power over these shares (no sole voting or dispositive power) and states the securities are held in the ordinary course of business and not to influence control of the issuer. The filing identifies Blue Foundry Bancorp's principal office in Rutherford, New Jersey, and lists Driehaus address in Chicago, Illinois. The statement is signed by Janet McWilliams, General Counsel, dated 09/10/2025.
Blue Foundry Bancorp (BLFY) reported results for the quarter ended June 30, 2025 showing growth in core balance sheet items but a quarterly net loss. Total assets rose to $2.13 billion from $2.06 billion and loans grew to $1.67 billion, supporting higher interest income on loans of $19.8 million versus $17.6 million a year earlier. Net interest income increased to $11.64 million from $9.57 million, after interest expense of $11.80 million.
Despite higher net interest income and deposit growth to $1.42 billion, the company recorded a net loss of $1.96 million for the quarter and $4.65 million for the six months. Non-interest expenses were $13.54 million this quarter. The allowance for credit losses on loans was $13.30 million and available-for-sale securities carried aggregate unrealized losses of $22.4 million, which the company does not intend to sell.