The EVP of Bsb Bancorp Inc is Exercising Options


Today it was reported that the EVP of Bsb Bancorp Inc (BLMT), Christopher Downs, exercised options to buy 3,669 BLMT shares at $12.04 a share, for a total transaction value of $44.17K.

This recent transaction increases Christopher Downs’ holding in the company by 6.32% to a total of $2.04 million. This is Downs’ first Buy trade following 5 Sell transactions.

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Based on Bsb Bancorp Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $26.76 million and quarterly net profit of $6.23 million. In comparison, last year the company earned revenue of $22.23 million and had a net profit of $2.1 million. BLMT’s market cap is $322.7M and the company has a P/E ratio of 15.26. Currently, Bsb Bancorp Inc has an average volume of 133.2K.

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BSB Bancorp, Inc. operates as a bank holding company, which engages in the provision of banking products and services. Its services includes, personal banking, business banking, and loans to individuals, families, municipalities, and businesses . The company was founded on June 2, 2011 and is headquartered in Belmont, MA.

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