BCB Bancorp prices 11 million-share offering for $85.25 million

  • BCB Bancorp priced an underwritten offering of common shares.
  • 11,000,000 shares are being offered for $85,250,000 in gross proceeds.
  • The offering is expected to close on September 18, 2026, subject to customary conditions.

BCB Bancorp, Inc., the holding company for BCB Community Bank, priced an underwritten public offering of 11,000,000 common shares for gross proceeds of $85,250,000 before underwriting discounts, commissions and estimated offering expenses. The offering is expected to close on September 18, 2026, subject to customary conditions, and Piper Sandler & Co. is serving as sole book-running manager. BCB Bancorp granted the underwriter a 30-day option to buy 1,650,000 additional shares at the public offering price, less underwriting discounts and commissions. The company plans to use net proceeds for general corporate purposes, including liquidity, working capital, Bank capital related to the expected disposition of identified potential problem loans, debt reduction and maintaining acceptable capital and liquidity ratios. The offering is registered under Form S-3, a streamlined securities registration filing, declared effective by the SEC (U.S. securities regulator) on August 25, 2026. BCB Community Bank, established in 2000 and headquartered in Bayonne, New Jersey, operates 22 branches in New Jersey and four in New York. The company cautioned that its forward-looking statements are subject to economic, geopolitical, regulatory, credit, liquidity, operational, technological and other risks.

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