Bancorp of New Jersey

OverviewSuggest Edit

Bancorp of New Jersey operates as a bank holding company of Bank of New Jersey that provides banking services to individuals, businesses, non-profit organizations and governmental units. The Company offers various deposit products, including interest and noninterest checking, passbook savings and money market accounts, savings, demand and money market deposits, as well as time deposits, such as certificates of deposit and individual retirement accounts.

TypePublic
Founded2006
HQFort Lee, US
Websitebonj.net

Latest Updates

Employees (est.) (Dec 2018)81(+2%)
Job Openings1
Revenue (FY, 2015)$31.5 M(+14%)
Share Price (Jun 2019)$13.1

Bancorp of New Jersey Office Locations

Bancorp of New Jersey has offices in Fort Lee, Cliffside Park, Haworth, Woodcliff Lake and in 3 other locations
Fort Lee, US (HQ)
1365 Palisade Ave
Cliffside Park, US
354 Palisade Ave
Englewood, US
104 Grand Ave
Englewood Cliffs, US
750 E Palisade Ave
Fort Lee, US
458 West St
Fort Lee, US
204 Main St
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Bancorp of New Jersey Financials and Metrics

Bancorp of New Jersey Revenue

Bancorp of New Jersey's revenue was reported to be $31.53 m in FY, 2015 which is a 13.2% increase from the previous period.
USD

Net income (FY, 2018)

5.5m

EBIT (FY, 2018)

25.7m

Market capitalization (10-Jun-2019)

95.2m

Closing stock price (10-Jun-2019)

13.1

Cash (31-Dec-2018)

64.5m
Bancorp of New Jersey's current market capitalization is $95.2 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

24.8m27.9m31.5m

Revenue growth, %

12%13%

Cost of goods sold

8.0m7.0m7.6m9.3m

Gross profit

23.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018

Revenue

8.2m7.9m8.1m7.9m8.1m7.9m8.3m8.3m8.8m9.4m

Cost of goods sold

2.0m2.1m1.8m1.7m1.7m1.7m2.0m1.9m2.2m2.4m

Gross profit

6.1m5.9m6.3m6.2m6.4m6.2m6.3m6.4m6.6m7.0m

Gross profit Margin, %

75%74%77%78%79%78%76%77%75%75%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

37.7m22.1m74.2m77.0m92.6m64.5m

Accounts Receivable

1.5m2.4m2.3m

Inventories

PP&E

10.4m10.1m10.5m13.5m13.7m13.4m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

4.7m3.8m4.8m4.0m3.6m5.5m

Depreciation and Amortization

520.0k570.0k615.0k665.0k669.0k862.0k

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018

Net Income

1.1m1.3m1.1m2.4m3.8m1.3m2.3m3.0m1.1m2.4m3.7m2.5m4.3m

Depreciation and Amortization

302.0k458.0k188.0k334.0k478.0k182.0k327.0k467.0k420.0k640.0k

Cash From Operating Activities

3.9m5.2m1.8m3.1m4.7m1.5m3.2m4.6m4.1m6.6m

Purchases of PP&E

(4.0m)(12.0m)(12.0m)(37.0m)(12.0m)(15.1m)
USDY, 2018

Financial Leverage

9.9 x
Show all financial metrics

Bancorp of New Jersey Online and Social Media Presence

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Bancorp of New Jersey News and Updates

Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of Bancorp of New Jersey, Inc. (NYSE: BKJ) on Behalf of Bancorp of New Jersey Shareholders and Encourages Bancorp of New Jersey Investors to Contact the Firm

NEW YORK, Aug. 20, 2019 /PRNewswire/ -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Bancorp of New Jersey, Inc. (NYSE: BKJ) on behalf of Bancorp of New Jersey shareholders concerning the proposed merger with ConnectOne Bancorp, Inc....

SHAREHOLDER ALERT: WeissLaw LLP Investigates Bancorp of New Jersey, Inc.

NEW YORK, Aug. 19, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Bancorp of New Jersey, Inc. ("Bancorp NJ" or the "Company") (NYSEMKT: BKJ) in connection with the proposed acquisition of the Company by...

ConnectOne Bancorp, Inc. Signs Definitive Agreement to Acquire Bancorp of New Jersey, Inc.

ENGLEWOOD CLIFFS, N.J., Aug. 16, 2019 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) ("ConnectOne" or “Company"), parent company of ConnectOne Bank, and Bancorp of New Jersey, Inc. (NYSEAM: BKJ) (“Bancorp of New Jersey”), parent company of Bank of New Jersey, are pleased to jointly an…

Bancorp of New Jersey Reports 2019 Second Quarter Financial Results

FORT LEE, N.J., Aug. 07, 2019 (GLOBE NEWSWIRE) -- Bancorp of New Jersey, Inc. (NYSE American:  BKJ) (the “Company”), holding company for Bank of New Jersey (the “Bank”), today reported financial results for its second quarter and six months ended June 30, 2019. Net income for the second quarter of…

Bancorp of New Jersey Reports 2019 First Quarter Financial Results

FORT LEE, N.J., May 09, 2019 (GLOBE NEWSWIRE) -- Bancorp of New Jersey, Inc. (NYSE American:  BKJ) (the “Company”), holding company for Bank of New Jersey (the “Bank”), today reported financial results for its first quarter ended March 31, 2019. Net income for the first quarter of 2019 was $1.56 m…

Bancorp of New Jersey Reports 2018 Fourth Quarter and Full Year Financial Results

FORT LEE, N.J., March 14, 2019 (GLOBE NEWSWIRE) -- Bancorp of New Jersey, Inc. (NYSE American:  BKJ) (the “Company”), holding company for Bank of New Jersey (the “Bank”), today reported financial results for its fourth quarter and full year ended December 31, 2018. Net income for the fourth quarte…
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Bancorp of New Jersey Frequently Asked Questions

  • When was Bancorp of New Jersey founded?

    Bancorp of New Jersey was founded in 2006.

  • How many employees does Bancorp of New Jersey have?

    Bancorp of New Jersey has 81 employees.

  • Who are Bancorp of New Jersey competitors?

    Competitors of Bancorp of New Jersey include Magyar Bank, Farmers & Merchants Bancorp and First Bank.

  • Where is Bancorp of New Jersey headquarters?

    Bancorp of New Jersey headquarters is located at 1365 Palisade Ave, Fort Lee.

  • Where are Bancorp of New Jersey offices?

    Bancorp of New Jersey has offices in Fort Lee, Cliffside Park, Haworth, Woodcliff Lake and in 3 other locations.

  • How many offices does Bancorp of New Jersey have?

    Bancorp of New Jersey has 9 offices.