Bogota Financial (BSBK)

Bogota Financial Corp. is a Maryland corporation organized as the mid-tier holding company of Bogota Savings Bank and is the majority-owned subsidiary of Bogota Financial, MHC. Bogota Savings Bank is a New Jersey chartered stock savings bank that has served the banking needs of its customers in northern and central New Jersey since 1893. It operates from two offices located in Bogota and Teaneck, New Jersey.

Company profile

Ticker

BSBK

Exchange

NASDAQ

Website

www.bogotasavingsbank.com

CEO

Joseph Coccaro

Incorporated

Maryland

Location

New Jersey

Fiscal year end

Dec 31

Sector

Finance and Insurance > Savings Institutions

Industry (SIC)

Savings Institutions, Not Federally Chartered

New York Community Bancorp • United Financial Bancorp • Blue Foundry Bancorp • Third Coast Bancshares • United Community Financial • ESSA Bancorp • Heritage Financial • Pioneer Bancorp • PCSB Financial • Berkshire Hills Bancorp ...

SEC CIK

0001787414

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Bogota Securities Corp. • Bogota Properties, LLC ...

BSBK stock data

1M 1Y 5Y

News

From Benzinga Pro

Bogota Financial Corp. Announces Adoption Of 2nd Repurchase Program Of Up To 292,568 Shares

25 May 22

Bogota Financial Corp. (the "Company") (NASDAQ:BSBK), the holding company for Bogota Savings Bank (the "Bank"), announced that it has received regulatory approval for the repurchase of up to 292,568

Press releases

From Benzinga Pro

Bogota Financial Corp. Reports Results for the Three and Six Months Ended June 30, 2022

27 Jul 22

Bogota Financial Corp. (NASDAQ:BSBK) (the "Company"), the holding company for Bogota Savings Bank (the "Bank"), reported net income for the three months ended June 30, 2022 of $1.6 million, compared to net income of

Bogota Financial Corp. Announces Adoption of 2nd Repurchase Program

25 May 22

Bogota Financial Corp. (the "Company") (NASDAQ:BSBK), the holding company for Bogota Savings Bank (the "Bank"), announced that it has received regulatory approval for the repurchase of up to 292,568 shares of its common

Calendar

11 Aug 22

12 Aug 22

31 Dec 22

Financial summary

Financial statements Chart BSBK financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	7.6M	7.6M	7.6M	7.6M	7.6M	7.6M
Cash burn (monthly)	20.48M	7.76M	(no burn)	(no burn)	650.36K	592.37K
Cash used (since last report)	29.68M	11.24M	n/a	n/a	942.34K	858.31K
Cash remaining	-22.08M	-3.63M	n/a	n/a	6.66M	6.75M
Runway (months of cash)	-1.1	-0.5	n/a	n/a	10.2	11.4

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

BSBK insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
10 Feb 22	John J. Masterson	Common Stock	Buy	Acquire P	No	No	10.15	3,315	33.65K	104,837
30 Nov 21	John J. Masterson	Common Stock	Buy	Acquire P	No	No	10.07	2,360	23.77K	101,522
18 Nov 21	John J. Masterson	Common Stock	Buy	Acquire P	No	No	10.12	163	1.65K	99,162
12 Nov 21	John J. Masterson	Common Stock	Buy	Acquire P	No	No	10.16	296	3.01K	98,999

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

BSBK institutional ownership history Ownership history

19.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	14	18	-22.2%
Opened positions	1	1	–
Closed positions	5	3	+66.7%
Increased positions	4	6	-33.3%
Reduced positions	4	6	-33.3%

13F shares	Current	Prev Q	Change
Total value	29.72M	29.67M	+0.2%
Total shares	2.83M	2.91M	-2.8%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
M3 Partners	1.2M	$12.19M	0.0%
M3F	1.18M	$12.69M	-1.1%
Vanguard	166.76K	$1.79M	+1.9%
Alliancebernstein	145.14K	$1.56M	0.0%
Renaissance Technologies	35.74K	$383K	-6.0%
Context BH Capital Management	23.01K	$247K	+9.5%
Beese Fulmer Investment Management	20.55K	$220K	0.0%
Geode Capital Management	19.54K	$209K	+22.4%
Susquehanna Fundamental Investments	15.2K	$163K	0.0%
BLK Blackrock	14.02K	$151K	+3.4%

Largest transactions	Shares	Bought/sold	Change
Millennium Management	0	-40.61K	EXIT
GS Goldman Sachs	0	-28.89K	EXIT
M3F	1.18M	-12.9K	-1.1%
Ergoteles	10.67K	-6.16K	-36.6%
Geode Capital Management	19.54K	+3.58K	+22.4%
Vanguard	166.76K	+3.06K	+1.9%
Renaissance Technologies	35.74K	-2.26K	-6.0%
Context BH Capital Management	23.01K	+2K	+9.5%
FMR	580	+580	NEW
BLK Blackrock	14.02K	+460	+3.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

M & T Bank

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: Additionally, Advertising, announced, buyback, decided, governmental, larger, nongovernmental

Removed: abated, absorb, accrued, actively, adding, agree, ATM, borrower, called, collateralized, communication, complex, component, conduct, controlled, deferral, degree, delinquency, depth, determining, direct, disbursement, estimable, faced, family, forbearance, forgiven, frequent, geographic, grow, guarantee, honor, impairing, instrumental, insufficient, judgment, maintained, maintenance, minimum, mutually, negative, optimistic, Overly, partially, payroll, percentage, positive, problem, property, proportion, realizable, rely, remotely, resolution, securing, significantly, situation, strength, subjective, subjectivity, substantial, supporting, tangential, thought, ultimate, understand, unsuccessful, valuation, variety, waive, working, worsen

From filing 10-Q 2022 Q2

Financial reports

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