BSB Bancorp (BLMT) Receives News Impact Score of 0.08
Headlines about BSB Bancorp (NASDAQ:BLMT) have trended somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. BSB Bancorp earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned press coverage about the bank an impact score of 44.2870621264379 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
BSB Bancorp (BLMT) opened at 28.35 on Wednesday. The stock has a market cap of $248.18 million, a PE ratio of 18.28 and a beta of 0.40. BSB Bancorp has a one year low of $22.51 and a one year high of $30.75. The stock has a 50 day moving average price of $28.53 and a 200-day moving average price of $28.71.
BSB Bancorp (NASDAQ:BLMT) last issued its quarterly earnings data on Thursday, July 20th. The bank reported $0.43 earnings per share for the quarter. The company had revenue of $14.94 million during the quarter. BSB Bancorp had a return on equity of 8.69% and a net margin of 19.87%.
Separately, BidaskClub cut BSB Bancorp from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th.
In related news, COO Hal R. Tovin sold 17,715 shares of the stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $29.20, for a total value of $517,278.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John A. Whittemore sold 17,714 shares of the stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $29.21, for a total value of $517,425.94. The disclosure for this sale can be found here. Insiders sold 51,372 shares of company stock valued at $1,500,240 over the last quarter. 13.17% of the stock is currently owned by company insiders.
About BSB Bancorp
BSB Bancorp, Inc (BSB Bancorp) is a bank holding company of Belmont Savings Bank (the Bank). The Company’s Belmont Savings Bank is a chartered savings bank. The Bank’s business consists primarily of accepting deposits from the general public, small businesses and municipalities, and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential mortgage loans, commercial real estate loans, multi-family real estate loans, home equity lines of credit, indirect automobile loans, commercial business loans, construction loans and investment securities.
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