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Bridge Bancorp Inc

Bridge Bancorp, Inc is a public company that trades on the NASDAQ stock exchange under the ticker symbol "BDGE." The company is a bank holding company that operates through its subsidiary, Bridgehampton National Bank, which provides banking services to individuals and businesses in the United States.

Here are some key fundamental data points for Bridge Bancorp.

1. Price and Earnings: As of March 10, 2023, Bridge Bancorp's stock price was $37.43 per share, and its market capitalization was $561.6 million. Its price-to-earnings (P/E) ratio was 13.79. The P/E ratio indicates how much investors are willing to pay for each dollar of earnings. A higher P/E ratio indicates higher investor expectations for a company's future growth.

2. Revenue and Net Income: Bridge Bancorp's total revenue for the fourth quarter of 2022 was $28.3 million, up 11.1% from the prior year. Net income totaled $6.9 million, increasing 45.3% from the previous year. This showed that the company's revenue and profitability had improved.

3. Growth Prospects: Bridge Bancorp has been expanding its operations and acquiring other banks in recent years. In 2020, the company purchased BNB Bank, and in 2018, it purchased Comm unity National Bank. These acquisitions have increased Bridge Bancorp's assets, loans, and branch network.

4. Financial Health: Bridge Bancorp's financial health appears to be solid. The company's return on equity (ROE) is 10.36%, indicating that for every dollar shareholders have invested in the company, it has generated 10.36 cents in profits. The company's return on assets (ROA) is 1.24%, which indicates that for every dollar of assets it holds, it has generated 1.24 cents in profits.

Overall, Bridge Bancorp appears to be a financially sound company with a solid track record of revenue and net income growth. The company's acquisition strategy has allowed it to expand its operations and footprint, and its ROE and ROA suggest that it is profitable and effectively managing its assets. However, as with any stock investment, it is important to do thorough research and consider various market and economic factors before making an investment decision.

In conclusion, While I cannot provide personalized financial advice, I hope this information provides a general overview of Bridge Bancorp's fundamentals. It is always a good idea to do extensive research and consider various factors before making investment decisions. Consult a financial or investment professional for personalized advice.

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