Bridge Bancorp, Inc. (NASDAQ:BDGE) is expected to report third quarter earnings results, after market close, on Tuesday 27th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.72 per share.
Looking ahead, the full year income are expected at $ 2.54 per share on the revenues of $ 166.26 million.
Previous Quarter Performance
Bridge Bancorp, Inc. communicated income for the second quarter of $ 0.54 per share, from the revenue of $ 42.68 million. The quarterly earnings improved 1.89 percent while revenues expanded 20.16 percent compared with the same quarter last year.
Wall street analysts are predicting, BDGE to report 2Q20 income of $ 0.51 per share from revenue of $ 39.86 million. The bottom line results beat street analysts by $ 0.03 or 5.88 percent, at the same time, top line results outshined analysts by $ 2.82 million or 7.07 percent.
Stock Performance
Shares of Bridge Bancorp, Inc. traded up $ 0.30 or 1.50 percent on Friday, reaching $ 20.36 with volume of 77.90 thousand shares. Bridge Bancorp, Inc. has traded high as $ 20.49 and has cracked $ 20.08 on the downward trend
According to the previous trading day, closing price of $ 20.36, representing a 21.50 % increase from the 52 week low of $ 16.51 and a 41.43 % decrease over the 52 week high of $ 34.25.
The company has a market capital of $ 402.09 million and is part of the Financial Services sector and Banks – Regional – US industry.
Bridge Bancorp, Inc. operates as the bank holding company for the BNB Bank that provide commercial and consumer banking products and services to small businesses, and municipal and consumer relationships. It accepts time, savings, and demand deposits.
