BSBK Bogota Savings Bank

BULLISH Impact: 5/10 PRESS-RELEASE
Horizon months Filed Jun 1, 2026 Processed 11d 21h ago Wire GlobeNewswire
Press release: m_and_a
Latest settled — T+5d ⚠ clustered
BSBK ▲ +4.32% at T+5d
LONG call ✓ call won +4.32% · α vs SPY +7.07% · entry $8.56 → $8.93
Next anchor: T+20d in 17d
Currently $9.05 · +5.72% from $8.56 entry
Entry anchored
May 29, 03:59 PM ET
via Databento tick
T+1d
+5.84%
call +5.84% · α +5.70%
$9.06
settled 11d ago
T+5d
+4.32%
call +4.32% · α +7.07%
$8.93
settled 5d ago
T+20d
call — · α —
in 17d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Bogota Financial Corp. (BSBK) announced a merger with GSL Savings Bank, expected to increase consolidated assets from ~$877M to ~$1.0B. The deal is projected to be accretive to 2026 net income and EPS, with the CEO of GSL joining as EVP/COO. The transaction is expected to close in H2 2026, subject to regulatory approvals.

Actionable Insight

The merger is a modest positive for BSBK, expanding its asset base and adding a seasoned executive. Monitor regulatory approval timeline and integration updates. The deal's accretion to EPS and book value supports a neutral-to-bullish stance, but the small scale limits upside.

Key Facts

  • Merger will increase Bogota Financial's consolidated assets from ~$877.2M to ~$1.0B.
  • Transaction is expected to be accretive to 2026 net income and EPS.
  • Projected to be accretive to fully converted tangible book value.
  • Frank Giancola, President/CEO of GSL, will become EVP/COO of Bogota.
  • Deal unanimously approved by both boards; expected to close in H2 2026.
  • Subject to customary closing conditions and regulatory approvals.

Financial Impact

Assets increase by ~$123M to ~$1.0B; accretive to EPS and tangible book value.

revenueepsassets

Risk Factors

  • Regulatory approvals may be delayed or denied.
  • Integration risks could reduce cost savings or customer retention.
  • Higher-than-expected transaction expenses may dilute accretion.

Market Snapshot

Exchange
Nasdaq
Sector
Savings Institutions, Not Federally Chartered
Analyst Consensus
0% bullish (6 analysts)

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3304413
3 reports for BSBK
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for BSBK — sortable, filterable
Type Now
Jun 1, 2026
11d ago
8-K
BULLISH ★ 6/10
$8.56 $8.93▲ +4.32%▲ +7.07%$9.05 (+5.72%)
Jun 1, 2026
11d ago
Press Release
BULLISH ★ 5/10
$8.56 $8.93▲ +4.32%▲ +7.07%$9.05 (+5.72%)
May 6, 2026
5w ago
8-K
NEUTRAL ★ 4/10
$8.55 $8.48▼ −0.82%▼ −2.32%$9.05 (+5.85%)
Showing 3 of 3

US Market Status

Market Closed — Opens Mon (50h 31m)

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