Blue Foundry Bancorp (NASDAQ:BLFY – Get Rating) and Third Coast Bancshares (NASDAQ:TCBX – Get Rating) are both small cap finance companies, but which is the best investment? We’ll compare the two companies based on their risk strength, earnings, analyst recommendations, dividends, valuation, profitability, and institutional ownership.
Analyst Recommendations
This is a breakdown of the current recommendations for Blue Foundry Bancorp and Third Coast Bancshares, as reported by MarketBeat.
Sales Ratings | Hold odds | Buy reviews | Strong buy odds | Rating | |
Bancorp Blue Foundry | 0 | 0 | 0 | 0 | N / A |
Third Coast Banking Stocks | 0 | 1 | 3 | 0 | 2.75 |
Third Coast Bancshares has a consensus price target of $28.75, indicating a potential upside of 13.01%. Given Third Coast Bancshares’ likely higher upside, analysts clearly believe that Third Coast Bancshares is more favorable than Blue Foundry Bancorp.
Insider and Institutional Ownership
39.0% of shares in Blue Foundry Bancorp are held by institutional investors. By comparison, 28.6% of shares in Third Coast Bancshares are held by institutional investors. Strong institutional ownership indicates that large money managers, endowments, and hedge funds believe a company is poised for long-term growth.
Profitability
This table compares the net margins, return on equity and return on assets of Blue Foundry Bancorp and Third Coast Bancshares.
Net margins | Return on equity | return on assets | |
Bancorp Blue Foundry | -59.96% | -9.33% | -1.66% |
Third Coast Banking Stocks | N / A | N / A | N / A |
Benefits and evaluation
This table compares the revenue, earnings per share and valuation of Blue Foundry Bancorp and Third Coast Bancshares.
Gross revenue | Price/sales ratio | Net revenue | Earnings per share | Price/earnings ratio | |
Bancorp Blue Foundry | $58.53 million | 5.85 | -$36.34 million | N / A | N / A |
Third Coast Banking Stocks | $105.49 million | 3.25 | $11.42 million | N / A | N / A |
Third Coast Bancshares has higher revenues and profits than Blue Foundry Bancorp.
Summary
Third Coast Bancshares beats Blue Foundry Bancorp on 7 out of 9 factors compared between the two stocks.
About Blue Foundry Bancorp (Get a rating)
Blue Foundry Bancorp operates as a bank holding company for Blue Foundry Bank, a savings bank that offers various retail and corporate banking products and services. The company offers deposits; and loans, such as one to four family residential properties, home equity, commercial, multi-family, construction, commercial and industrial real estate, and other consumer loans, as well as margins of home equity loan. As of December 31, 2021, it operated 17 full-service branches located in northern New Jersey. The company was formerly known as Boiling Springs Bancorp and changed its name to Blue Foundry Bancorp in July 2019. Blue Foundry Bancorp was founded in 1939 and is based in Rutherford, New Jersey.
About Third Coast Bancshares (Get a rating)
Third Coast Bancshares, Inc. operates as a bank holding company for Third Coast Bank, SSB which provides various commercial banking solutions to small and medium businesses and professionals. The Company’s deposit products include checking, savings, individual retirement and money market accounts, as well as certificates of deposit. It also offers commercial and industrial loans, such as equipment loans, working capital, automotive finance and trade finance. In addition, the Company provides personal and corporate cash management online banking, mobile applications, safe deposit boxes and wire transfer services, as well as debit cards. It operates through eleven branches in Greater Houston, Dallas-Fort Worth and Austin-San Antonio; and a branch in Detroit, Texas. The company was founded in 2008 and is based in Humble, Texas.
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