Recent Updates — BSBK
Bogota Financial Corp. reported net income of $748,000 ($0.06 per share) for the three months ended June 30, 2026, up from $224,000 in the prior year period. For the six-month period, net income reached $1.5 million ($0.12 per share), compared to $955,000 previously. Total assets decreased 3.3% to $875.0 million, driven by a 12.0% drop in deposits to $574.2 million, which was partially offset by a 51.1% increase in FHLB advances to $141.0 million. The company announced an agreement to acquire GSL Bank to expand its customer base and noted that 230,544 shares had been repurchased under its current program at a cost of $2.0 million. Bogota Financial Corp. operates as the holding company for Bogota Savings Bank, providing banking services in New Jersey.