Bancorp of New Jersey, Inc. Reports 23% Earnings Growth Over First Quarter, 2014 and Record Asset Levels
GlobeNewswire - Thu Jul 31, 3:13PM CDT
Bancorp of New Jersey, Inc. (NYSE MKT:BKJ), the holding company of Bank of New Jersey, reported an increase of 23.8%, or $207 thousand, in net income from $871 thousand in the first quarter of 2014 to $1.1 million in the second quarter. Total assets, total loans, and total deposits each reached period-end record levels at June 30, 2014 as well. Although net interest income grew in both the three and six month periods ended June 30, 2014 compared to the corresponding periods of 2013, net income remained behind the corresponding periods of 2013 as a result of increased noninterest expense associated with branch expansion and, to a lesser extent, increased provisions for loan losses during 2014, primarily a result of strong loan growth. Net income for the six months ended June 30, 2014 reached $1.9 million compared to net income of $2.3 million for the six months ended June 30, 2013. This represents a decrease of approximately 13.8% in net income, or approximately $313 thousand. Earnings per diluted share were $0.36 for the six months ended June 30, 2014 compared to $0.42 per diluted share for the six months ended June 30, 2013. Net income for the second quarters of each of 2014 and 2013 was approximately $1.1 million. Earnings per diluted share were $0.20 for the quarter ended June 30, 2014, a decrease of $0.01, or 4.8%, from the diluted earnings per share of $0.21 for the quarter ended June 30, 2013. The net income generated during the quarter ended June 30, 2014 represents thirty consecutive quarters of profitability by the Company.
Bancorp of New Jersey, Inc. Declares Quarterly Dividend
GlobeNewswire - Thu May 22, 2:00PM CDT
Bancorp of New Jersey, Inc. (NYSE MKT:BKJ), the holding company of Bank of New Jersey, announced that its board of directors, on May 22, 2014, declared a second quarter cash dividend of $0.06 per share of its common stock. The dividend will be paid on June 30, 2014 to shareholders of record as of the close of business on June 2, 2014.
Why Lamido Sanusi Should End Up in Kirikiri
by Femi Aribisala - All Africa Global Media - Tue Feb 25, 7:36AM CST
ONE of the more annoying things about Nigeria is that our thieves are bad thieves. Conventionally, thieves operate at the night, out of respect for the homeowner and law-enforcement agencies. Not in Nigeria: thieves operate here in broad daylight in absolute contempt of everybody.
Bancorp of New Jersey, Inc. Announces Record Year for Earnings and Breaks $600 Million in Assets
GlobeNewswire - Thu Jan 23, 3:17PM CST
Bancorp of New Jersey, Inc. (NYSE MKT:BKJ), holding company for Bank of New Jersey, reported record annual net income as well as record levels for assets and deposits. For the year ended December 31, 2013, net income reached $4.7 million, or $0.87 per diluted share, compared to $4.2 million, or $0.81 per diluted share, for the year ended December 31, 2012 representing an increase of approximately 11%. For the quarter ended December 31, 2013, net income remained level at $1.2 million, or $0.22 per diluted share, as compared to the quarter ended December 31, 2012. The net income generated during the 2013 fiscal year represents the highest net income ever achieved by the company during any fiscal year. The net income generated during the fourth quarter represents the company's twenty-eighth consecutive quarter of profitability.
Bancorp of New Jersey, Inc. Names Michael Lesler as Chief Executive Officer, Richard Capone as Chief Financial Officer
GlobeNewswire - Thu Dec 19, 3:55PM CST
Bancorp of New Jersey, Inc. (NYSE MKT:BKJ), the holding company of Bank of New Jersey, today announced that its Board of Directors has appointed Michael Lesler as President and Chief Executive Officer, effective immediately. Mr. Lesler has served as the President and Chief Operating Officer of the Company and the Bank since June 2009, and is Vice Chairman of the Board of Directors. He served as Executive Vice President and Chief Financial Officer from the Bank's inception through June 2009.
Bancorp of New Jersey, Inc. Reports Continued Record Earnings and Record Assets
GlobeNewswire - Wed Aug 14, 3:05PM CDT
Bancorp of New Jersey, Inc. (NYSE MKT:BKJ), the holding company of Bank of New Jersey, reported its strongest first six months net income. Net income for the six months ended June 30, 2013 reached $2.3 million compared to net income of $1.9 million for the six months ended June 30, 2012. This represents a 19.6% increase in net income, or approximately $370 thousand. Earnings per diluted share reached $0.42 for the six months ended June 30, 2013 compared to $0.36 per diluted share for the six months ended June 30, 2012. Net income for the second quarter of 2013 was $1.1 million, an increase of approximately $123 thousand, or 12.4%, as compared to net income of $994 thousand for the second quarter of 2012. Earnings per diluted share grew to $0.21 for the quarter ended June 30, 2013, an increase of $0.02, or 10.5%, over the diluted earnings per share of $0.19 for the quarter ended June 30, 2012. The net income generated during this quarter represents the company's twenty-sixth consecutive quarter of profitability and represents the company's strongest six month period to begin a year.
Bancorp of New Jersey, Inc. Announces Record First Quarter Earnings
GlobeNewswire - Mon May 06, 3:32PM CDT
Bancorp of New Jersey, Inc. (NYSE MKT:BKJ) (the "Company"
WEALTHMAKERS.COM Issues Bullish Research Reports on AIZ, AME, AZK, BASI, BKJ, BWS
M2 - Fri Mar 15, 10:50AM CDT
WEALTHMAKERS.COM / www.wealthmakers.com , a Wall Street research and trading firm providing unbiased statistical stock market predictions to empower investors, securities professionals and public company employees to make precise, predictive and profitable trading decisions, has issued new research reports today on the following stocks: Assurant Inc (NYSE:AIZ), Ametek Inc (NYSE:AME), AURIZON MINES LTD (AMEX:AZK), Bioanalytical Systems Inc (NASDAQ:BASI), Bank of New Jersey Inc (AMEX:BKJ), Brown Shoe Co Inc (NYSE:BWS)
DXCM, CZNC, HDY, CLMT, BKJ, Expected to Trade Higher After Bullish Insider Trading
M2 - Thu Mar 14, 10:09AM CDT
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. DexCom Inc (NASDAQ
Bancorp of New Jersey, Inc. Announces Another Record Year for Earnings and Assets
GlobeNewswire - Tue Feb 12, 3:10PM CST
Bancorp of New Jersey, Inc. (NYSE Amex:BKJ), holding company for Bank of New Jersey, reported record annual and fourth quarter net income as well as record levels for assets, loans, and deposits. For the year ended December 31, 2012, net income reached $4.2 million, or $0.81 per diluted share, compared to $3.3 million, or $0.64 per diluted share, for the year ended December 31, 2011 representing an increase of approximately 27%. For the quarter ended December 31, 2012, net income reached a quarterly record level of $1,167 thousand, or $0.22 per diluted share, compared to $971 thousand, or $0.19 per diluted share, for the quarter ended December 31, 2011. The net income generated during the 2012 fiscal year and fourth quarter represents the highest net income ever achieved by the company during any fiscal year or any quarter, respectively. The net income generated during the fourth quarter represents the company's twenty fourth consecutive quarter of profitability.
OIS, BKJ, Expected to Trade Higher After Bullish Insider Trading
M2 - Thu Dec 27, 9:57AM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. OIL STATES INTERNATIONAL, INC. (NYSE:OIS), Bank of New Jersey Inc (AMEX:BKJ) are all expected to go Higher as Buy signals have been generated by top insider trading patterns.