BCB Bancorp Launches Common-Stock Offering Amid Projected $126M-$136M Q3 Loss
On September 16, 2026, BCB Bancorp launched an underwritten public offering of common stock and said it expects a third-quarter 2026 net loss of $126.2 million-$136.1 million. The company attributed the expected loss mainly to a $112 million-$120 million provision for credit losses, including an expected $87 million pretax loss on the anticipated sale of $210 million of problem loans and approximately $50 million of valuation allowance against deferred tax assets.
This is a new, explicitly reported BCB Bancorp disclosure combining the launch of an underwritten common-stock offering with a projected third-quarter 2026 loss of $126.2 million-$136.1 million. The expected loss is primarily tied to a $112 million-$120 million credit-loss provision, including an anticipated $87 million pretax loss on the sale of $210 million of problem loans and approximately $50 million of deferred-tax-asset valuation allowance, creating material forward implications for earnings, capital, liquidity, and credit-risk expectations. The exact announcement time is not independently stated, so the source timestamp is used as the best estimate; the loss and loan sale remain prospective rather than realized.
BCB Bancorp, Inc. launched an underwritten common stock offering and expects a Q3 2026 net loss of $126.2M–$136.1M, driven by a $112M–$120M credit loss provision including an expected $87M pre-tax loss on loan sales and a ~$50M DTA valuation allowance.