BCB Bancorp, Inc., Announces EPS of $.93

BCB Bancorp, Inc., Bayonne, NJ BCBP announced an increase in quarterly earnings of $7.75 million or 787.4% to $8.7 million for the three months ended September 30, 2010 from $984,000 for the three months ended September 30, 2009. Basic and diluted earnings per share were $0.94 and $0.93, respectively, for the three months ended September 30, 2010 as compared to $0.21 per share for the three months ended September 30, 2009. The Company further reported net earnings of $10.4 million for the nine months ended September 30, 2010, as compared to $2.98 million for the nine months ended September 30, 2009. Basic and diluted earnings per share were $1.62 and $1.65, respectively for the nine months ended September 30, 2010 an increase from basic and diluted earnings per share of $0.64 for the nine months ended September 30, 2009. The Board of Directors unanimously approved a cash dividend payment of $0.12 per common share for shareholders of record as of November 5, 2010, payable on November 17, 2010.