Bridge Bancorp, Inc. (NASDAQ:BDGE) is set to announce second quarter earning results on Tuesday 28th July 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, BDGE to report 2Q20 income of $ 0.51 per share.
For the full year, analysts anticipate top line of $ 165.48 million, while looking forward to income of $ 2.54 per share bottom line.
Previous Quarter Performance
Bridge Bancorp, Inc. announced income for the first quarter of $ 0.47 per share, from the revenue of $ 41.87 million. The quarterly earnings shrunk 27.69 percent while revenues swell 22.00 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.56 per share from $ 36.37 million in revenue. The bottom line results missed street analysts by $ 0.09 or 16.07 percent, at the same time, top line results outshined analysts by $ 5.50 million or 15.12 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of BDGE was $ 18.02, representing a 4.95 % increase from the 52 week low of $ 17.17 and a 47.39 % decrease over the 52 week high of $ 34.25.
The company has a market capital of $ 355.61 million and is part of the Financial Services sector and Banks – Regional – US industry.
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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.
