BCB Bancorp prices 11,000,000-share common stock offering for USD 85.25 million
BCBP•Use of proceeds and over-allotment option
The underwriter has a 30-day option to buy up to 1,650,000 additional shares at the offering price, less discounts.
BCB Bancorp said it expects to use the proceeds for general corporate purposes, including liquidity, bank capital support, debt reduction and working capital.
Offering priced for $85.25 million gross proceeds
BCB Bancorp priced an underwritten public offering of 11,000,000 common shares for gross proceeds of $85.25 million.
The deal is set to close Sept. 18, 2026, subject to customary closing conditions.
Piper Sandler is sole book-running manager.
