Blue Foundry Bancorp is a financial institution that primarily focuses on providing a range of banking services to individuals, families, and businesses in its community. The company emphasizes a technology-driven approach to banking, offering modern solutions such as online and mobile banking platforms, while also maintaining a commitment to personalized customer service. Blue Foundry Bancorp seeks to support local economic growth by offering competitive loan products, including mortgages and business loans, as well as various deposit accounts to cater to the needs of its diverse clientele. With a mission to empower customers through innovative financial solutions, the company plays a vital role in fostering economic development within its regional markets. Read More
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Blue Foundry Bancorp (NasdaqGS: BLFY) to Fulton Financial Corporation (NasdaqGS: FULT). Under the terms of the proposed transaction, shareholders of Blue Foundry will receive 0.65 shares of Fulton Financial Corporation for each share of Blue Foundry that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Blue Foundry Bancorp (NASDAQ: BLFY) to Fulton Financial Corporation for 0.65 shares of Fulton Financial Corporation common stock is fair to Blue Foundry shareholders.
Companies Reporting Before The Bell • Freeport-McMoRan (NYSE:FCX) is estimated to report quarterly earnings at $0.22 per share on revenue of $5.86 billion.
RUTHERFORD, N.J., April 24, 2023 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY), the holding company for Blue Foundry Bank, announced that it has adopted a program to repurchase up to 1,335,126 shares of its common stock, which is approximately 5% of its outstanding common stock commencing upon the completion of the Company’s existing stock repurchase program. This is the Company’s second stock repurchase program since completing its mutual-to-stock conversion and related stock offering in July 2021.
Companies Reporting Before The Bell • ASML Holding (NASDAQ:ASML) is expected to report quarterly earnings at $4.45 per share on revenue of $6.50 billion.
