Jan. 6 at 12:24 PM
$BCBP 🧾 Deep Value Report on BCB Bancorp (BCBP)
Not a “cheap bank” take.
We priced the balance sheet asset-by-asset (cash, securities, loans, non-accruals, OREO) and then stacked liabilities to map what’s left for common under:
✅ stress reality
✅ orderly resolution
Key focus:
• credit plumbing (Non-accrual + ACL, plain English)
• capital alignment (insiders + buyback reality)
• bear/base/bull per share (no vibes)
📄 Full report here:https://cundilldeepvalue.substack.com/p/deep-value-report-bcb-bancorp-nasdaq
$BCBP $KRE $XLF