BCB Bancorp prices stock offering at $85.25 million

BCB Bancorp, Inc. (NASDAQ: BCBP) announced the pricing of an underwritten public offering of 11,000,000 shares of common stock, with total 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 closing conditions. The company also granted the underwriter a 30-day option to purchase up to 1,650,000 additional shares at the public offering price, less underwriting discounts and commissions.

Piper Sandler & Co. is acting as the sole book-running manager for the offering.

According to the press release, BCB Bancorp intends to use the net proceeds for general corporate purposes, including maintaining liquidity, funding working capital, supporting bank capital in connection with the expected disposition of identified potential problem loans, reducing debt, and maintaining capital and liquidity ratios at acceptable levels.

The offering is being made pursuant to a registration statement on Form S-3 declared effective by the Securities and Exchange Commission on August 25, 2026.

BCB Bancorp is the holding company for BCB Community Bank, which operates 22 branch offices in New Jersey and four branches in New York.

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