Blue Operating Income vs Net Income From Continuing Ops Analysis

BLFY Stock  USD 11.09  0.13  1.16%   
Blue Foundry financial indicator trend analysis is way more than just evaluating Blue Foundry Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Foundry Bancorp is a good investment. Please check the relationship between Blue Foundry Operating Income and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Foundry Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Operating Income vs Net Income From Continuing Ops

Operating Income vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Foundry Bancorp Operating Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Blue Foundry's Operating Income and Net Income From Continuing Ops is 0.97. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Blue Foundry Bancorp, assuming nothing else is changed. The correlation between historical values of Blue Foundry's Operating Income and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Blue Foundry Bancorp are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Operating Income i.e., Blue Foundry's Operating Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from Blue Foundry Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Blue Foundry Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income From Continuing Ops

Most indicators from Blue Foundry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Foundry Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Foundry Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, Blue Foundry's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.76 in 2024, whereas Tax Provision is likely to drop slightly above 154.8 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Income56.1M62.4M76.3M70.7M
Net Interest Income42.9M51.8M45.7M48.9M

Blue Foundry fundamental ratios Correlations

0.64-0.58-0.680.7-0.840.720.880.4-0.92-0.79-0.390.780.69-0.490.45-0.540.390.88-0.520.820.79-0.35-0.380.750.79
0.64-0.84-0.150.07-0.70.280.450.69-0.42-0.42-0.310.660.70.040.96-0.620.170.370.190.220.77-0.43-0.30.230.74
-0.58-0.840.24-0.050.75-0.15-0.26-0.830.260.420.65-0.49-0.60.21-0.870.72-0.42-0.29-0.34-0.1-0.730.130.64-0.14-0.73
-0.68-0.150.24-0.930.7-0.9-0.75-0.480.780.730.69-0.57-0.50.390.010.52-0.4-0.910.72-0.79-0.670.150.69-0.9-0.68
0.70.07-0.05-0.93-0.520.950.880.23-0.88-0.59-0.390.460.31-0.52-0.16-0.220.470.94-0.850.940.62-0.05-0.390.980.63
-0.84-0.70.750.7-0.52-0.59-0.61-0.710.670.90.74-0.89-0.910.15-0.630.9-0.18-0.740.31-0.51-0.780.530.73-0.56-0.77
0.720.28-0.15-0.90.95-0.590.920.38-0.9-0.61-0.390.580.44-0.340.06-0.330.390.95-0.770.910.75-0.19-0.390.990.75
0.880.45-0.26-0.750.88-0.610.920.27-0.98-0.6-0.20.620.45-0.470.19-0.250.440.95-0.710.970.77-0.22-0.20.940.78
0.40.69-0.83-0.480.23-0.710.380.27-0.23-0.38-0.830.450.570.00.72-0.770.390.370.210.120.8-0.11-0.830.310.79
-0.92-0.420.260.78-0.880.67-0.9-0.98-0.230.710.25-0.69-0.530.47-0.170.33-0.37-0.970.77-0.97-0.730.30.25-0.92-0.73
-0.79-0.420.420.73-0.590.9-0.61-0.6-0.380.710.58-0.92-0.890.09-0.320.80.07-0.770.6-0.57-0.530.680.58-0.57-0.5
-0.39-0.310.650.69-0.390.74-0.39-0.2-0.830.250.58-0.44-0.550.16-0.350.81-0.35-0.450.05-0.18-0.590.071.0-0.36-0.59
0.780.66-0.49-0.570.46-0.890.580.620.45-0.69-0.92-0.440.970.140.56-0.81-0.190.71-0.460.50.62-0.83-0.430.510.57
0.690.7-0.6-0.50.31-0.910.440.450.57-0.53-0.89-0.550.970.220.66-0.91-0.220.57-0.270.310.59-0.82-0.550.360.54
-0.490.040.210.39-0.520.15-0.34-0.470.00.470.090.160.140.220.19-0.18-0.85-0.440.27-0.59-0.32-0.590.16-0.48-0.39
0.450.96-0.870.01-0.16-0.630.060.190.72-0.17-0.32-0.350.560.660.19-0.660.060.140.41-0.040.64-0.41-0.33-0.010.61
-0.54-0.620.720.52-0.220.9-0.33-0.25-0.770.330.80.81-0.81-0.91-0.18-0.660.07-0.450.06-0.13-0.590.60.81-0.25-0.55
0.390.17-0.42-0.40.47-0.180.390.440.39-0.370.07-0.35-0.19-0.22-0.850.060.070.39-0.010.470.570.7-0.350.490.63
0.880.37-0.29-0.910.94-0.740.950.950.37-0.97-0.77-0.450.710.57-0.440.14-0.450.39-0.780.940.76-0.28-0.440.960.77
-0.520.19-0.340.72-0.850.31-0.77-0.710.210.770.60.05-0.46-0.270.270.410.06-0.01-0.78-0.82-0.210.310.06-0.78-0.21
0.820.22-0.1-0.790.94-0.510.910.970.12-0.97-0.57-0.180.50.31-0.59-0.04-0.130.470.94-0.820.64-0.09-0.180.960.66
0.790.77-0.73-0.670.62-0.780.750.770.8-0.73-0.53-0.590.620.59-0.320.64-0.590.570.76-0.210.64-0.14-0.580.731.0
-0.35-0.430.130.15-0.050.53-0.19-0.22-0.110.30.680.07-0.83-0.82-0.59-0.410.60.7-0.280.31-0.09-0.140.07-0.09-0.07
-0.38-0.30.640.69-0.390.73-0.39-0.2-0.830.250.581.0-0.43-0.550.16-0.330.81-0.35-0.440.06-0.18-0.580.07-0.36-0.58
0.750.23-0.14-0.90.98-0.560.990.940.31-0.92-0.57-0.360.510.36-0.48-0.01-0.250.490.96-0.780.960.73-0.09-0.360.74
0.790.74-0.73-0.680.63-0.770.750.780.79-0.73-0.5-0.590.570.54-0.390.61-0.550.630.77-0.210.661.0-0.07-0.580.74
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Blue Foundry Account Relationship Matchups

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