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Tara L. French Elected to BCB Bancorp, Inc. and BCB Community Bank Boards of Directors

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Thursday, May 2, 2024

Community Bank, Comptroller, BCB, BCBP, Retirement, Audit committee, Michael J. Hsu, Assistant

BAYONNE, N.J., May 02, 2024 (GLOBE NEWSWIRE) -- BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank” or “BCB”), today announced the election of Tara L. French to the Board of Directors of both BCB Bancorp, Inc. and BCB Community Bank, effective immediately.

Key Points:

BAYONNE, N.J., May 02, 2024 (GLOBE NEWSWIRE) -- BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank” or “BCB”), today announced the election of Tara L. French to the Board of Directors of both BCB Bancorp, Inc. and BCB Community Bank, effective immediately.
Ms. French previously was an officer at Northfield Bank until her retirement in June 2023.
She joined Northfield in 2017 as the Chief Administrative Officer, and she was named Chief Risk Officer in September 2020.
“We are delighted to welcome Ms. French to our Boards of Directors and look forward to working with her as we pursue our mission to grow our franchise,” said Mr. Mark D. Hogan, Chairman of the Board.

BCB Bancorp, Inc. Earns $5.9 Million in First Quarter 2024; Reports $0.32 EPS and Declares Quarterly Cash Dividend of $0.16 Per Share

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Friday, April 19, 2024

Total, Community Bank, FHLB, BCB, BCBP, Bank, Video game

The Company also announced that its Board of Directors declared a regular quarterly cash dividend of $0.16 per share.

Key Points:

The Company also announced that its Board of Directors declared a regular quarterly cash dividend of $0.16 per share.
The provision for credit losses was $2.1 million in the first quarter of 2024 compared to $1.9 million for the fourth quarter of 2023.
Total non-accrual loans were $22.2 million at March 31, 2024, $18.8 million at December 31, 2023 and $5.1 million at March 31, 2023.
Total cash and cash equivalents increased by $72.9 million, or 26.1 percent, to $352.4 million at March 31, 2024, from $279.5 million at December 31, 2023.

British Caribbean Bank selects Finastra to transform its core technology

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Monday, April 22, 2024

EVP, Azure, BCB, Microsoft Azure, Microsoft, Partnership, API, Growth, Finastra, Online shopping

LAKE MARY, Fla., April 22, 2024 /PRNewswire/ -- Finastra, a global provider of financial software applications and marketplaces, announces that British Caribbean Bank Limited (BCB), a Turks and Caicos-based financial institution offering international bank accounts and customized loan options, has selected Finastra Essence, deployed on Microsoft Azure cloud, to modernize its core and transform its back-office operations. The move enables increased readiness for regulatory changes and positions the bank for continued growth.

Key Points:

The move enables increased readiness for regulatory changes and positions the bank for continued growth.
"To transform our core and enhance our operations, we needed an innovative partner to provide the expertise and tech stack required to complete our modernization journey," said Marcus Samuel, Managing Director at British Caribbean Bank Limited.
By modernizing its core, the bank can now benefit from a simplified back-office, reducing costs and increasing productivity for its team.
Essence, a cloud-first, next-generation banking solution that combines sophisticated functionality and advanced technology to increase enterprise agility, is seeing increased presence in the Caribbean.

SOPHiA GENETICS and The French Kidney Cancer Research Network (UroCCR) Publish Results from Multiyear Collaboration

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Friday, March 15, 2024

Database, Development, Kidney cancer, Patient, Research, Artificial intelligence, National Cancer Institute, AI, Sophia Genetics, GENETICS, Renal cell carcinoma, Medicine, BCB, RCC, Neoplasm, High Authority, AFU, Nature Portfolio, Medical imaging

BOSTON and ROLLE, Switzerland, March 15, 2024 /PRNewswire/ -- SOPHiA GENETICS (Nasdaq: SOPH), a cloud-native software company and a leader in data-driven medicine, and the French Kidney Cancer Research Network (UroCCR) collaborated on a study using a multimodal algorithm to help predict post-operative outcomes for those facing renal cell carcinoma (RCC), with the results recently published in npj Precision Oncology. The findings of the study showed the artificial intelligence (AI) model co-constructed by SOPHiA GENETICS and UroCCR provided a strong prediction for post-operative outcomes when compared to usual prognostic scores. This publication follows a prior collaboration that demonstrated the value of multimodal analysis on pre-operative kidney cancer upstaging.

Key Points:

This publication follows a prior collaboration that demonstrated the value of multimodal analysis on pre-operative kidney cancer upstaging.
UroCCR is one of the world's largest collaborative kidney cancer networks with 51 multidisciplinary clinical teams across France.
In 2021, UroCCR partnered with SOPHiA GENETICS to develop an AI-based model to predict whether kidney cancer will progress from a localized tumor after surgery.
For more information on the collaboration between SOPHiA GENETICS and UroCCR, visit SOPHiAGENETICS.com and UroCCR.fr.

SOPHiA GENETICS and The French Kidney Cancer Research Network (UroCCR) Publish Results from Multiyear Collaboration

Retrieved on:

Friday, March 15, 2024

BOSTON and ROLLE, Switzerland, March 15, 2024 /PRNewswire/ -- SOPHiA GENETICS (Nasdaq: SOPH), a cloud-native software company and a leader in data-driven medicine, and the French Kidney Cancer Research Network (UroCCR) collaborated on a study using a multimodal algorithm to help predict post-operative outcomes for those facing renal cell carcinoma (RCC), with the results recently published in npj Precision Oncology. The findings of the study showed the artificial intelligence (AI) model co-constructed by SOPHiA GENETICS and UroCCR provided a strong prediction for post-operative outcomes when compared to usual prognostic scores. This publication follows a prior collaboration that demonstrated the value of multimodal analysis on pre-operative kidney cancer upstaging.

Key Points:

This publication follows a prior collaboration that demonstrated the value of multimodal analysis on pre-operative kidney cancer upstaging.
UroCCR is one of the world's largest collaborative kidney cancer networks with 51 multidisciplinary clinical teams across France.
In 2021, UroCCR partnered with SOPHiA GENETICS to develop an AI-based model to predict whether kidney cancer will progress from a localized tumor after surgery.
For more information on the collaboration between SOPHiA GENETICS and UroCCR, visit SOPHiAGENETICS.com and UroCCR.fr.

Cambridge Wilkinson spins out BCB Equity Partners, an Independent Private Equity Firm

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Thursday, March 14, 2024

Final good, BBVA, Transport, Knight Capital Group, Bear Stearns, History, Distribution, BCB, BNP Paribas, CW, Raymond James Financial, Family office, Security (finance)

NEW YORK, March 14, 2024 /PRNewswire/ -- Cambridge Wilkinson ("CW" www.cambridgewilkinson.com ) is pleased to announce the spin out and full support of an affiliate, BCB Equity Partners ("BCB" www.bcbequitypartners.com ), an independent private equity firm which will pursue control and buyout transactions in the lower middle market.

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NEW YORK, March 14, 2024 /PRNewswire/ -- Cambridge Wilkinson ("CW" www.cambridgewilkinson.com ) is pleased to announce the spin out and full support of an affiliate, BCB Equity Partners ("BCB" www.bcbequitypartners.com ), an independent private equity firm which will pursue control and buyout transactions in the lower middle market.
BCB will be led by distinguished Wall Street veteran David Barcus as CEO; the Co-Founders of Cambridge Wilkinson, Rob Bolandian and Howard Chernin, will serve as Co-Chairmen.
He was previously affiliated with independent sponsor firm MTN Capital Partners, along with prior roles at Raymond James, BBVA, Knight Capital, BNP Paribas and Bear Stearns.
BCB will seek to complete transactions by leveraging CW's network of investors, as well as the personal contacts of its partners.

BCB Bancorp, Inc. Earns $6.1 Million in Fourth Quarter 2023; Reports $0.35 EPS and Declares Quarterly Cash Dividend of $0.16 Per Share

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Thursday, January 25, 2024

Family, BCB, Total, BCBP, Bank, FHLB, Environment, Federal Home Loan Banks, Community Bank, MSB, Growth, Video game

Earnings per diluted share for the fourth quarter of 2023 were $0.35, compared to $0.39 in the preceding quarter and $0.69 in the fourth quarter of 2022.

Key Points:

Earnings per diluted share for the fourth quarter of 2023 were $0.35, compared to $0.39 in the preceding quarter and $0.69 in the fourth quarter of 2022.
The efficiency ratio for the fourth quarter was 61.0 percent compared to 57.1 percent in the prior quarter, and 51.3 percent in the fourth quarter of 2022.
The provision for credit losses was $1.9 million in the fourth quarter of 2023 compared to $2.2 million for the third quarter of 2023.
Non-interest income increased by $2.2 million to $3.2 million for the fourth quarter of 2023 from $1.1 million for the fourth quarter of 2022.

Community Banking Market to reach USD 207.21 billion by 2027, Bay Community Bancorp., BCB Bank & Bendigo and Adelaide Bank Ltd. emerge Among Key Players - 17000 + Technavio Reports

Retrieved on:

Tuesday, January 23, 2024

The community banking market is fragmented owing to the presence of many global and regional companies.

Key Points:

The community banking market is fragmented owing to the presence of many global and regional companies.
BCB Bank- The company offers community banking services that provide financial support to construction businesses, commercial mortgages, and small to medium business enterprises.
Bendigo and Adelaide Bank Ltd. - The company offers community banking services that provide financial loans to doctors, hospitals, diagnostic centers, nursing homes along medical clinics.
The merchant banking services market is estimated to grow at a CAGR of 6.13% between 2021 and 2026.

Blockchain Bets Launches Web3 Gaming Platform with Exciting Features

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Tuesday, December 19, 2023

Stakers, KYC, Fantasy sport, QR, Decentralized finance, App Store (iOS/iPadOS), BCB, CEX, MetaMask, Privacy, CertiK, Safety, Cryptocurrency

Blockchain Bets Develops New Services for Web3 Gaming with Community Facilities

Key Points:

New York, New York--(Newsfile Corp. - December 19, 2023) - Blockchain Bets ($BCB) is a pioneering decentralized gaming platform.
Blockchain Bets (BCB), the innovative decentralized gaming platform, proudly announces significant developments, marking a transformative phase in its journey to become the prominent cross-chain compatible, KYC-free gaming platform globally.
Blockchain Bets is set to introduce a wide range of new utilities and services, along with opportunities for users to stake $BCB tokens within the platform, contributing to the trading achievements.
As BCB boldly charts its course to becoming the decentralized gaming platform globally, it invites enthusiasts, stakeholders, and players to join the community.

BCB Bancorp, Inc. Names Michael A. Shriner President and Chief Executive Officer

Retrieved on:

Thursday, December 28, 2023

Bank, Acquisition, Business administration, BCB, University, Professional, MSB, Fairfield University, Community Bank, BCBP, Bachelor, Risk management, National school, Security (finance)

BAYONNE, N.J., Dec. 28, 2023 (GLOBE NEWSWIRE) -- BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank” or “BCB”)), today announced that Michael A. Shriner has been named President and Chief Executive Officer of BCB Bancorp and BCB Community Bank, effective January 1, 2024.

Key Points:

BAYONNE, N.J., Dec. 28, 2023 (GLOBE NEWSWIRE) -- BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank” or “BCB”)), today announced that Michael A. Shriner has been named President and Chief Executive Officer of BCB Bancorp and BCB Community Bank, effective January 1, 2024.
Retiring President and Chief Executive Officer Thomas M. Coughlin, 63, will continue to serve on the Company’s Board of Directors.
Mr. Shriner, a 35-year veteran of banking, was formerly President and Chief Executive Officer of Millington, New Jersey-based MSB Financial Corp. and Millington Bank prior to being acquired by Kearny Bank.
Mr. Shriner joined Millington Bank in 1987 and held various commercial and corporate banking positions, including that of Chief Operating Officer and Board Member prior to his promotion to President and Chief Executive Officer in 2012.