Bogota Financial Corp. BSBK
Bogota Financial Corp.
Bogota Financial Corp. is a Maryland corporation that was formed in September 2019 to be the bank holding company of Bogota Savings Bank as part of the mutual holding company reorganization of Bogota Savings Bank. Other than holding the common stock of Bogota Savings Bank, and making a loan to the employee stock ownership plan of Bogota Savings Bank, Bogota Financial Corp. does not engage in any other business activities. Bogota Financial Corp.'s executive offices are located at 819 Teaneck Road, Teaneck, New Jersey 07666, and its telephone number is (201) 862-0660.
Bogota Financial Corp. completed its stock offering in connection with the mutual holding company reorganization of Bogota Savings Bank on January 15, 2020. The Company sold 5,657,735 shares of common stock at $10.00 per share for gross proceeds of $56.6 million. In connection with the reorganization, the Company also issued 263,150 shares of common stock and $250,000 in cash to Bogota Savings Bank Charitable Foundation, Inc., and 7,236,640 shares of common stock to Bogota Financial, MHC, its New Jersey-chartered mutual holding company.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $43.0M | $41.7M | $37.3M | $30.3M | $25.1M | $23.3M | $23.1M | $22.0M | — |
| Interest expense | $15.5M | $10.6M | $15.0M | $7.3M | $5.8M | $9.7M | $12.0M | $8.8M | — |
| Pre-tax income | $2.1M | -$2.5M | $480.4K | $9.5M | $9.4M | $2.5M | $3.3M | $5.5M | — |
| Income tax | $18.3K | $371.6K | $162.2K | $2.6M | $1.9M | $437.3K | $850.6K | $1.4M | — |
| Net income | $2.1M | -$2.2M | $642.5K | $6.9M | $7.5M | $2.1M | $2.4M | $4.1M | — |
| EPS, basic | 0.17 | -0.17 | 0.05 | 0.51 | 0.55 | 0.17 | — | — | — |
| EPS, diluted | 0.17 | -0.17 | 0.05 | 0.51 | 0.54 | 0.17 | — | — | — |
| Shares, diluted (wtd. avg.) | 12.5M | 12.8M | 12.9M | 13.6M | 13.9M | 12.2M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $35.6M | $52.2M | $24.9M | $16.8M | $105.1M | $80.4M | $127.9M | $24.5M | $22.6M |
| Property, plant and equipment | $4.4M | $4.7M | $7.7M | $7.9M | $8.1M | $5.7M | $4.2M | $4.7M | — |
| Other intangibles | $107.6K | $152.9K | $206.1K | $267.3K | $336.4K | — | — | — | — |
| Total assets | $904.9M | $971.5M | $939.3M | $951.1M | $837.4M | $740.9M | $766.6M | $665.0M | — |
| Total liabilities | $764.0M | $834.2M | $802.2M | $811.4M | $689.8M | $612.4M | $691.6M | $592.5M | — |
| Retained earnings | $92.1M | $90.0M | $92.2M | $91.8M | $84.9M | $77.4M | $75.3M | $72.8M | — |
| Total equity | $140.9M | $137.3M | $137.2M | $139.7M | $147.6M | $128.5M | $75.0M | $72.5M | $68.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $3.2M | -$2.6M | $1.4M | $10.9M | $6.0M | $5.8M | $2.6M | $4.2M | — |
| Depreciation and amortisation | $398.5K | $497.0K | $515.0K | $485.1K | — | — | — | — | — |
| Stock-based compensation | $897.5K | $921.3K | $932.8K | $932.8K | $310.9K | — | — | — | — |
| Capital expenditure | $70.4K | $594.8K | $318.0K | $241.5K | $1.5M | $1.7M | $159.3K | $523.9K | — |
| Investing cash flow | $50.1M | $10.1M | $21.5M | -$210.7M | $35.1M | -$22.3M | $1.7M | -$21.7M | — |
| Financing cash flow | -$69.9M | $19.7M | -$14.9M | $111.6M | -$16.4M | -$31.0M | $99.1M | $19.5M | — |
| Buybacks | $1.1M | $1.7M | $3.8M | $10.1M | $481.5K | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-010056.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $22.0M | $23.1M | $23.3M | $25.1M | $30.3M | $37.3M | $41.7M | $43.0M |
| Gross profit | — | — | — | — | — | — | — | — | — |
| Net income | — | $4.1M | $2.4M | $2.1M | $7.5M | $6.9M | $642.5K | -$2.2M | $2.1M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Shareholder vote Item 5.07
- Results announced Item 2.02
- Officer or director change Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 6036
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| FLG | FLAGSTAR BANK, NATIONAL ASSOCIATION | $4.31B | — | -25.0% |
| BBT | Beacon Financial Corp | $2.52B | 29.2x | 81.1% |
| HFWA | HERITAGE FINANCIAL CORP /WA/ | $1.19B | 14.9x | 1.5% |
| NBBK | NB Bancorp, Inc. | $1.01B | 17.2x | 14.8% |
| SMBC | SOUTHERN MISSOURI BANCORP, INC. | $792.0M | 13.9x | 11.7% |
| TCBX | Third Coast Bancshares, Inc. | $662.9M | 10.5x | — |
| GCBC | GREENE COUNTY BANCORP INC | $606.3M | 19.5x | 13.5% |
| HBCP | HOME BANCORP, INC. | $483.6M | 10.5x | 4.9% |