BCB Bancorp raises $98.04 million through 12.65 million-share offering

  • BCB Bancorp closed an underwritten public offering of common stock.
  • The company sold 12,650,000 shares at $7.75 each for approximately $98,037,500 gross.
  • Piper Sandler & Co. served as sole book-running manager for the offering.

BCB Bancorp, Inc. (NASDAQ: BCBP), the holding company for BCB Community Bank, closed an underwritten public offering of 12,650,000 common shares at $7.75 each, including the underwriter’s full option exercise for 1,650,000 additional shares. Gross proceeds were approximately $98,037,500 before underwriting discounts, commissions and estimated offering expenses. The company plans to use net proceeds for general corporate purposes, including liquidity, working capital, Bank capital, debt reduction and maintaining capital and liquidity ratios. Piper Sandler & Co. acted as sole book-running manager. The offering was registered under Form S-3, which the Securities and Exchange Commission (U.S. securities regulator) declared effective on August 25, 2026. BCB Bancorp also outlined risks affecting its forward-looking statements, including economic, geopolitical, interest-rate, credit, regulatory, operational and technology-related factors.

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