Financial Services - Banks - Regional - NASDAQ - US
$ 7.2
4.05 %
$ 65.8 M
Market Cap
22.5
P/E
Broadway Financial Corporation operates as the holding company for City First Bank, National Association that provides various banking products and services in the United States. It accepts various deposit accounts, including savings accounts, checking accounts, NOW accounts, money market accounts, and fixed-term certificates of deposit. The company also offers mortgage loans, which are secured by multi-family residential properties; single family residential properties; and commercial real estate, including charter schools, community facilities, and churches, as well as commercial business, construction, and consumer loans. In addition, it invests in securities issued by federal government agencies, residential mortgage-backed securities, and other investments. The company operates through three branch offices.[ Read More ]
The intrinsic value of one BYFC stock under the base case scenario is HIDDEN Compared to the current market price of 7.2 USD, Broadway Financial Corporation is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart BYFC
FINANCIALS
33.9 M
REVENUE
6.52 M
OPERATING INCOME
4.54 M
NET INCOME
7.59 M
OPERATING CASH FLOW
-100 M
INVESTING CASH FLOW
182 M
FINANCING CASH FLOW
16.6 M
REVENUE
753 K
OPERATING INCOME
537 K
NET INCOME
6.12 M
OPERATING CASH FLOW
554 K
INVESTING CASH FLOW
596 K
FINANCING CASH FLOW
Balance Sheet Decomposition
Broadway Financial Corporation
| Current Assets | 327 M |
| Cash & Short-Term Investments | 322 M |
| Receivables | 4.94 M |
| Other Current Assets | 0 |
| Non-Current Assets | 1.59 B |
| Long-Term Investments | 317 M |
| PP&E | 9.84 M |
| Other Non-Current Assets | 1.26 B |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 1.09 B |
| Long-Term Debt | 147 M |
| Other Non-Current Liabilities | 947 M |
EFFICIENCY
Earnings Waterfall
Broadway Financial Corporation
| Revenue | 33.9 M |
| Cost Of Revenue | 0 |
| Gross Profit | 33.9 M |
| Operating Expenses | 24.8 M |
| Operating Income | 6.52 M |
| Other Expenses | 1.98 M |
| Net Income | 4.54 M |
RATIOS
100.00%
GROSS MARGIN
19.25%
OPERATING MARGIN
13.32%
NET MARGIN
1.60%
ROE
0.33%
ROA
1.06%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Broadway Financial Corporation
| Net Income | 4.54 M |
| Depreciation & Amortization | 775 K |
| Capital Expenditures | -208 K |
| Stock-Based Compensation | 396 K |
| Change in Working Capital | 1.88 M |
| Others | 1.88 M |
| Free Cash Flow | 7.39 M |
Wall Street Analysts Price Targets
Broadway Financial Corporation
BYFC has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
1.42%
DIVIDEND YIELD
0.08 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Broadway Financial Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 year ago
Mar 13, 2023
|
Bought 2.44 K USD
|
LONGBRAKE WILLIAM A
Director |
+ 2500
|
0.9774 USD |
|
1 year ago
Mar 10, 2023
|
Bought 8.85 K USD
|
LONGBRAKE WILLIAM A
Director |
+ 7500
|
1.1797 USD |
|
3 years ago
May 11, 2021
|
Bought 927 USD
|
Nida Thomas Andrew
Director |
+ 521
|
1.78 USD |
|
3 years ago
May 10, 2021
|
Bought 3.56 K USD
|
Nida Thomas Andrew
Director |
+ 1979
|
1.8 USD |
|
9 years ago
Nov 20, 2015
|
Bought 264 USD
|
Selleck Erin
Director |
+ 200
|
1.32 USD |
|
9 years ago
Nov 20, 2015
|
Bought 132 USD
|
Selleck Erin
Director |
+ 100
|
1.32 USD |
|
9 years ago
Nov 20, 2015
|
Bought 264 USD
|
Selleck Erin
Director |
+ 200
|
1.32 USD |
|
9 years ago
Nov 19, 2015
|
Bought 396 USD
|
Selleck Erin
Director |
+ 300
|
1.32 USD |
|
9 years ago
Nov 16, 2015
|
Bought 330 USD
|
Selleck Erin
Director |
+ 250
|
1.32 USD |
|
9 years ago
Nov 16, 2015
|
Bought 335 USD
|
Selleck Erin
Director |
+ 250
|
1.34 USD |
|
9 years ago
Aug 26, 2015
|
Bought 414 USD
|
Selleck Erin
Director |
+ 300
|
1.38 USD |
|
9 years ago
Aug 24, 2015
|
Bought 559 USD
|
Selleck Erin
Director |
+ 399
|
1.4 USD |
|
9 years ago
Aug 17, 2015
|
Bought 368 USD
|
Selleck Erin
Director |
+ 263
|
1.4 USD |
|
9 years ago
Mar 26, 2015
|
Bought 5.36 K USD
|
Bellefeuille Norman E
SVP - Chief Lending Officer |
+ 4000
|
1.34 USD |
|
10 years ago
Oct 16, 2014
|
Bought 55 K USD
|
CHAN KELLOGG
Director |
+ 50000
|
1.1 USD |
|
10 years ago
Oct 16, 2014
|
Bought 50 K USD
|
HUDSON PAUL C
Director |
+ 45455
|
1.1 USD |
|
10 years ago
Oct 16, 2014
|
Bought 25 K USD
|
MEDINA DANIEL A
Director |
+ 22727
|
1.1 USD |
|
10 years ago
Oct 16, 2014
|
Bought 27.5 K USD
|
Battey Brenda J
SVP/Chief Financial Officer |
+ 25000
|
1.1 USD |
|
10 years ago
Oct 16, 2014
|
Bought 100 K USD
|
DAVIDSON ROBERT C JR
Director |
+ 90909
|
1.1 USD |
|
11 years ago
Aug 22, 2013
|
Bought 500 K USD
|
CATHAY GENERAL BANCORP
Director |
+ 500000
|
1 USD |
|
11 years ago
Nov 26, 2012
|
Bought 50 K USD
|
Bellefeuille Norman E
SVP/Chief Loan Officer |
+ 57471
|
0.87 USD |
|
11 years ago
Nov 26, 2012
|
Bought 50 K USD
|
Bellefeuille Norman E
SVP/Chief Loan Officer |
+ 57471
|
0.87 USD |
|
12 years ago
Jul 26, 2012
|
Bought 50 K USD
|
Bellefeuille Norman E
SVP/Chief Loan Officer |
+ 57471
|
0.87 USD |
|
12 years ago
Jul 26, 2012
|
Bought 50 K USD
|
Bellefeuille Norman E
SVP/Chief Loan Officer |
+ 57471
|
0.87 USD |
|
12 years ago
Jul 26, 2012
|
Bought 49.7 K USD
|
Bellefeuille Norman E
SVP/Chief Loan Officer |
+ 57803
|
0.86 USD |
|
12 years ago
Jul 02, 2012
|
Bought 25 K USD
|
DAVIDSON ROBERT C JR
Director |
+ 19231
|
1.3 USD |
|
12 years ago
Jul 02, 2012
|
Bought 25 K USD
|
MADDOX ALBERT O
Director |
+ 19231
|
1.3 USD |
|
12 years ago
Jul 02, 2012
|
Bought 25 K USD
|
MEDINA DANIEL A
Director |
+ 19231
|
1.3 USD |
|
12 years ago
Jul 02, 2012
|
Bought 20 K USD
|
ROBERTS VIRGIL P
Director |
+ 15385
|
1.3 USD |
|
12 years ago
Jul 02, 2012
|
Bought 5 K USD
|
ROBERTS VIRGIL P
Director |
+ 3846
|
1.3 USD |
|
12 years ago
Jul 02, 2012
|
Bought 25 K USD
|
HUDSON PAUL C
Chairman |
+ 19231
|
1.3 USD |
|
12 years ago
Jul 02, 2012
|
Bought 25 K USD
|
DAVIDSON ROBERT C JR
Director |
+ 19231
|
1.3 USD |
|
12 years ago
Jul 02, 2012
|
Bought 25 K USD
|
DAVIDSON ROBERT C JR
Director |
+ 19231
|
1.3 USD |
|
12 years ago
Jul 02, 2012
|
Bought 25 K USD
|
MADDOX ALBERT O
Director |
+ 19231
|
1.3 USD |
|
12 years ago
Jul 02, 2012
|
Bought 25 K USD
|
Bradshaw Wayne-Kent A.
Chief Executive Officer/Presid |
+ 19231
|
1.3 USD |
|
15 years ago
Feb 20, 2009
|
Bought 10 K USD
|
Williams Elrick
Director |
+ 2500
|
4 USD |
|
15 years ago
Feb 13, 2009
|
Bought 1.18 K USD
|
Williams Elrick
Director |
+ 295
|
4.0003 USD |
|
15 years ago
Jan 22, 2009
|
Bought 8.91 K USD
|
Williams Elrick
Director |
+ 2100
|
4.2452 USD |
|
15 years ago
Dec 08, 2008
|
Bought 472 USD
|
Williams Elrick
Director |
+ 100
|
4.7199 USD |
|
15 years ago
Dec 05, 2008
|
Bought 1.43 K USD
|
Williams Elrick
Director |
+ 300
|
4.7503 USD |
|
15 years ago
Nov 25, 2008
|
Bought 4.75 K USD
|
CHAN KELLOGG
Director |
+ 1000
|
4.75 USD |
|
16 years ago
Nov 21, 2008
|
Bought 12 K USD
|
Williams Elrick
Director |
+ 2500
|
4.82 USD |
|
16 years ago
Nov 21, 2008
|
Bought 15.6 K USD
|
Williams Elrick
Director |
+ 3097
|
5.046 USD |
|
16 years ago
Nov 21, 2008
|
Bought 15.6 M USD
|
Williams Elrick
Director |
+ 3097
|
5046 USD |
|
16 years ago
Nov 20, 2008
|
Bought 8.62 K USD
|
Williams Elrick
Director |
+ 1700
|
5.07 USD |
|
16 years ago
Nov 18, 2008
|
Bought 12.7 K USD
|
Williams Elrick
Director |
+ 2500
|
5.08 USD |
|
16 years ago
Nov 18, 2008
|
Bought 11.7 K USD
|
CHAN KELLOGG
Director |
+ 2300
|
5.08 USD |
|
16 years ago
Nov 03, 2008
|
Bought 525 USD
|
Williams Elrick
Director |
+ 100
|
5.2495 USD |
|
16 years ago
Nov 03, 2008
|
Bought 525 USD
|
Williams Elrick
director, other: employed by a 9% owner |
+ 100
|
5.2495 USD |
|
16 years ago
Oct 06, 2008
|
Bought 1.4 K USD
|
Williams Elrick
Director |
+ 200
|
6.98 USD |
|
16 years ago
Oct 06, 2008
|
Bought 648 USD
|
Williams Elrick
Director |
+ 100
|
6.48 USD |
|
16 years ago
Oct 06, 2008
|
Bought 14.6 K USD
|
Williams Elrick
Director |
+ 2300
|
6.3474 USD |
|
16 years ago
Jun 03, 2008
|
Bought 19 K USD
|
Williams Elrick
Director |
+ 2538
|
7.4988 USD |
|
16 years ago
Jun 03, 2008
|
Bought 19 K USD
|
Williams Elrick
director, other: employed by a 9% owner |
+ 2538
|
7.4988 USD |
|
16 years ago
May 30, 2008
|
Bought 1.43 K USD
|
Williams Elrick
Director |
+ 197
|
7.25 USD |
|
16 years ago
Mar 19, 2008
|
Bought 39.1 K USD
|
Williams Elrick
Director |
+ 4600
|
8.4998 USD |
|
16 years ago
Mar 18, 2008
|
Bought 9.57 K USD
|
Williams Elrick
Director |
+ 1126
|
8.5 USD |
|
16 years ago
Mar 14, 2008
|
Bought 6.48 K USD
|
Williams Elrick
Director |
+ 800
|
8.1 USD |
|
16 years ago
Mar 14, 2008
|
Bought 6.48 K USD
|
Williams Elrick
director, other: employed by a 5% owner |
+ 800
|
8.1 USD |
|
16 years ago
Mar 07, 2008
|
Bought 14.5 K USD
|
Williams Elrick
Director |
+ 1790
|
8.1 USD |
|
16 years ago
Feb 29, 2008
|
Bought 3.01 K USD
|
Williams Elrick
Director |
+ 371
|
8.0999 USD |
|
16 years ago
Feb 26, 2008
|
Bought 4.82 K USD
|
Williams Elrick
Director |
+ 600
|
8.0315 USD |
|
16 years ago
Dec 11, 2007
|
Bought 6 K USD
|
Williams Elrick
Director |
+ 800
|
7.5 USD |
|
16 years ago
Dec 10, 2007
|
Bought 3.75 K USD
|
HUDSON PAUL C
Director |
+ 500
|
7.5 USD |
|
16 years ago
Nov 30, 2007
|
Bought 432 USD
|
ROBERTS VIRGIL P
Director |
+ 48
|
9 USD |
|
16 years ago
Nov 29, 2007
|
Bought 7.6 K USD
|
CHAN KELLOGG
Director |
+ 1000
|
7.6 USD |
|
16 years ago
Nov 27, 2007
|
Bought 2.3 K USD
|
CHAN KELLOGG
Director |
+ 300
|
7.68 USD |
|
17 years ago
Nov 08, 2007
|
Bought 825 USD
|
ROBERTS VIRGIL P
Director |
+ 100
|
8.25 USD |
|
17 years ago
Nov 07, 2007
|
Bought 2.3 K USD
|
ROBERTS VIRGIL P
Director |
+ 270
|
8.5 USD |
|
17 years ago
Nov 08, 2007
|
Bought 825 USD
|
ROBERTS VIRGIL P
Director |
+ 100
|
8.25 USD |
|
17 years ago
Nov 07, 2007
|
Bought 2.3 K USD
|
ROBERTS VIRGIL P
Director |
+ 270
|
8.5 USD |
|
17 years ago
Nov 07, 2007
|
Bought 3.96 K USD
|
ROBERTS VIRGIL P
Director |
+ 500
|
7.929 USD |
|
17 years ago
Nov 07, 2007
|
Bought 2.87 K USD
|
CHAN KELLOGG
Director |
+ 400
|
7.18 USD |
|
17 years ago
Nov 06, 2007
|
Bought 4.61 K USD
|
CHAN KELLOGG
Director |
+ 642
|
7.18 USD |
|
17 years ago
Nov 07, 2007
|
Bought 7.86 K USD
|
HUDSON PAUL C
Director |
+ 1000
|
7.8634 USD |
|
17 years ago
Aug 31, 2007
|
Bought 5.08 K USD
|
CHAN KELLOGG
Director |
+ 500
|
10.15 USD |
|
17 years ago
Aug 31, 2007
|
Bought 1.01 K USD
|
CHAN KELLOGG
Director |
+ 100
|
10.1 USD |
|
17 years ago
Aug 31, 2007
|
Bought 25.9 K USD
|
Williams Elrick
Director |
+ 2500
|
10.35 USD |
|
17 years ago
Aug 31, 2007
|
Sell 25.9 K USD
|
HUDSON PAUL C
Director |
- 2500
|
10.35 USD |
|
17 years ago
Aug 29, 2007
|
Sell 217 K USD
|
HUDSON PAUL C
Director |
- 21000
|
10.3549 USD |
|
17 years ago
Aug 30, 2007
|
Sell 31 K USD
|
HUDSON PAUL C
Director |
- 3000
|
10.35 USD |
|
17 years ago
Aug 30, 2007
|
Bought 5.08 K USD
|
CHAN KELLOGG
Director |
+ 500
|
10.15 USD |
|
17 years ago
Aug 30, 2007
|
Bought 62.1 K USD
|
CHAN KELLOGG
Director |
+ 6000
|
10.35 USD |
|
17 years ago
Aug 30, 2007
|
Bought 31 K USD
|
Williams Elrick
Director |
+ 3000
|
10.35 USD |
|
17 years ago
Aug 29, 2007
|
Bought 5.25 K USD
|
ROBERTS VIRGIL P
Director |
+ 500
|
10.5 USD |
|
17 years ago
Aug 29, 2007
|
Bought 5.19 K USD
|
ROBERTS VIRGIL P
Director |
+ 500
|
10.38 USD |
|
17 years ago
Aug 29, 2007
|
Bought 135 K USD
|
Williams Elrick
Director |
+ 13000
|
10.35 USD |
|
17 years ago
Aug 29, 2007
|
Bought 135 K USD
|
Williams Elrick
director, other: employed by a 5% owner |
+ 13000
|
10.35 USD |
|
17 years ago
Aug 20, 2007
|
Bought 5.2 K USD
|
CHAN KELLOGG
Director |
+ 500
|
10.4 USD |
|
17 years ago
Aug 20, 2007
|
Bought 6.23 K USD
|
CHAN KELLOGG
Director |
+ 600
|
10.39 USD |
|
17 years ago
Aug 20, 2007
|
Bought 6.21 K USD
|
CHAN KELLOGG
Director |
+ 600
|
10.35 USD |
|
17 years ago
Aug 16, 2007
|
Bought 1.93 K USD
|
CHAN KELLOGG
Director |
+ 190
|
10.15 USD |
|
17 years ago
May 25, 2007
|
Bought 392 K USD
|
Williams Elrick
director, other: employed by a 5% owner |
+ 35678
|
11 USD |
|
17 years ago
May 25, 2007
|
Bought 392 K USD
|
Williams Elrick
Director |
+ 35678
|
11 USD |
|
17 years ago
May 24, 2007
|
Bought 11.9 K USD
|
Williams Elrick
director, other: employed by a 5% owner |
+ 1100
|
10.8 USD |
|
17 years ago
May 24, 2007
|
Bought 11.9 K USD
|
Williams Elrick
Director |
+ 1100
|
10.8 USD |
|
17 years ago
Mar 16, 2007
|
Bought 11.1 K USD
|
MEDINA DANIEL A
Director |
+ 991
|
11.19 USD |
|
17 years ago
Feb 22, 2007
|
Bought 12.1 K USD
|
MEDINA DANIEL A
Director |
+ 1099
|
10.972 USD |
|
17 years ago
Dec 08, 2006
|
Sell 4.26 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 405
|
10.51 USD |
|
17 years ago
Dec 08, 2006
|
Sell 3.11 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 295
|
10.54 USD |
|
17 years ago
Dec 08, 2006
|
Sell 3.15 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 299
|
10.52 USD |
|
17 years ago
Dec 08, 2006
|
Sell 4.14 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 394
|
10.51 USD |
|
17 years ago
Dec 08, 2006
|
Sell 18.9 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 1797
|
10.5 USD |
|
17 years ago
Nov 29, 2006
|
Sell 18.9 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 1700
|
11.0912 USD |
|
17 years ago
Nov 30, 2006
|
Sell 8.88 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 800
|
11.1 USD |
|
17 years ago
Nov 30, 2006
|
Sell 32.8 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 3000
|
10.95 USD |
|
17 years ago
Dec 01, 2006
|
Sell 4.38 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 400
|
10.95 USD |
|
17 years ago
Dec 04, 2006
|
Sell 9.86 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 900
|
10.95 USD |
|
17 years ago
Dec 04, 2006
|
Sell 165 USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 15
|
11 USD |
|
17 years ago
Dec 04, 2006
|
Sell 4.44 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 400
|
11.1 USD |
|
17 years ago
Dec 07, 2006
|
Sell 7.43 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 700
|
10.61 USD |
|
17 years ago
Dec 07, 2006
|
Sell 1.05 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 99
|
10.64 USD |
|
17 years ago
Dec 07, 2006
|
Sell 1.05 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 99
|
10.63 USD |
|
17 years ago
Dec 07, 2006
|
Sell 1.05 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 99
|
10.62 USD |
|
17 years ago
Dec 07, 2006
|
Sell 31.8 USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 3
|
10.6 USD |
|
17 years ago
Dec 07, 2006
|
Sell 1.04 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 98
|
10.61 USD |
|
17 years ago
Dec 07, 2006
|
Sell 5.27 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 497
|
10.6 USD |
|
18 years ago
Oct 17, 2006
|
Sell 18.9 K USD
|
HEYWOOD JOHNATHAN E
SVP/Chief Loan Officer |
- 1800
|
10.5 USD |
|
20 years ago
Aug 19, 2004
|
Sell 3.17 K USD
|
DYCK BEVERLY A
VPt/Corporate Secretary |
- 270
|
11.75 USD |
|
20 years ago
Aug 19, 2004
|
Sell 3.17 K USD
|
DYCK BEVERLY A
VPt/Corporate Secretary |
- 270
|
11.75 USD |
|
20 years ago
Aug 13, 2004
|
Sell 22 K USD
|
JOHNSON ERIC V
Chief Retail Banking Officer |
- 1917
|
11.5 USD |
|
20 years ago
Aug 12, 2004
|
Sell 15 K USD
|
JOHNSON ERIC V
Chief Retail Banking Officer |
- 1300
|
11.5 USD |
|
20 years ago
Aug 11, 2004
|
Sell 13.8 K USD
|
JOHNSON ERIC V
Chief Retail Banking Officer |
- 1200
|
11.51 USD |
|
20 years ago
Aug 09, 2004
|
Sell 15.3 K USD
|
JOHNSON ERIC V
Chief Retail Banking Officer |
- 1300
|
11.75 USD |
|
20 years ago
Aug 11, 2004
|
Sell 1.15 K USD
|
JOHNSON ERIC V
Chief Retail Banking Officer |
- 100
|
11.53 USD |
|
20 years ago
Aug 02, 2004
|
Sell 33.1 K USD
|
JOHNSON ERIC V
Chief Retail Banking Officer |
- 2800
|
11.837 USD |
|
20 years ago
Aug 04, 2004
|
Sell 15.3 K USD
|
JOHNSON ERIC V
Chief Retail Banking Officer |
- 1300
|
11.75 USD |
|
20 years ago
Aug 06, 2004
|
Sell 15.3 K USD
|
JOHNSON ERIC V
Chief Retail Banking Officer |
- 1300
|
11.75 USD |
7. News
Broadway Financial Corporation Announces Results for Third Quarter 2024
LOS ANGELES--(BUSINESS WIRE)--Broadway Financial Corporation (“Broadway” or the “Company”) (NASDAQ: BYFC), parent company of City First Bank, National Association (the “Bank”, and collectively, with the Company, “we” or “City First Broadway”), reported net income attributable to Broadway of $522 thousand for the third quarter of 2024 compared to $91 thousand for the third quarter of 2023, an increase of $431 thousand. Net loss attributable to common stockholders was $228 thousand during the thi.
businesswire.com
- 2 weeks ago
Broadway Financial Corporation Announces Results for First Quarter 2024
LOS ANGELES--(BUSINESS WIRE)--Broadway Financial Corp. Q1 2024 Earnings Release.
businesswire.com
- 5 months ago
Broadway Financial Corporation Announces Compliance Regarding Filing of Form 10-Q
LOS ANGELES--(BUSINESS WIRE)--Broadway Financial Corporation (“Broadway,” “we”, or the “Company”) (NASDAQ: BYFC), parent company of City First Bank, National Association, announced today it received a letter from Nasdaq, Inc., dated May 30, 2024, informing the Company that it had regained compliance with Nasdaq Listing Rule 5250(c)(1) with respect to the Form 10-Q for the period ended March 31, 2024 based on the Company's filing on May 24, 2024. The letter noted that the matter is now closed. A.
businesswire.com
- 5 months ago
Broadway Financial Corporation Announces Results for Fourth Quarter and Full Year Calendar 2023
LOS ANGELES--(BUSINESS WIRE)--Broadway Financial Corporation (“Broadway”, “we”, or the “Company”) (NASDAQ: BYFC), parent company of City First Bank, National Association (the “Bank”, and collectively, with the Company, “City First Broadway”), reported consolidated net earnings of $2.6 million, or $0.31 per diluted share, for the fourth quarter of 2023, compared to consolidated net earnings of $1.5 million, or $0.16 per diluted share (adjusted for the 1-for-8 reverse stock split effective Novemb.
businesswire.com
- 5 months ago
Broadway Financial Corporation Announces Notification from Nasdaq Regarding Late Filing of Form 10-Q
LOS ANGELES--(BUSINESS WIRE)--Broadway Financial Corporation (“Broadway”, “we”, or the “Company”) (Nasdaq Stock Market: BYFC), parent company of City First Bank, National Association, announced today it received a letter from the Nasdaq Stock Market LLC (“Nasdaq”), dated May 22, 2024, informing the Company that it no longer complies with Nasdaq Listing Rule 5250(c)(1) (“Rule 5250(c)(1)”) because Broadway had not filed its Form 10-Q for the period ended March 31, 2024 (the “Form 10-Q”) by the ti.
businesswire.com
- 5 months ago
Broadway Financial Corporation Announces Four Additions to Senior Management Team
LOS ANGELES--(BUSINESS WIRE)--Broadway Financial Corporation (the “Company” or “Broadway”) (NASDAQ Capital Market: BYFC), the holding company of City First Bank, National Association (the “Bank” and collectively with the Company, “City First Broadway”), today announced the addition of four experienced senior officers to the management team of City First Broadway. The Board of Directors of City First Broadway announced the appointment of: Zack Ibrahim, as Executive Vice President and Chief Finan.
businesswire.com
- 5 months ago
Broadway Financial Corporation Announces Notification from Nasdaq Regarding Late Filing of Form 10-Q and Form 10-K
LOS ANGELES--(BUSINESS WIRE)--Broadway Financial Corporation (“Broadway,” “we,” or the “Company”) (Nasdaq Stock Market: BYFC), parent company of City First Bank, National Association, announced today it received a Staff Delisting Determination letter (the “Staff Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on May 14, 2024 notifying the Company that Nasdaq has initiated a process which could result in the delisting of the Company's securiti.
businesswire.com
- 5 months ago
Broadway Financial Corporation Discloses Receipt of Notice From Nasdaq Regarding Filing Requirement for the Company's Form 10-K
LOS ANGELES--(BUSINESS WIRE)--Broadway Financial Corporation (“Broadway”, “we”, or the “Company”) (Nasdaq Capital Market: BYFC), parent company of City First Bank, National Association (the “Bank”, and collectively, with the Company, “City First Broadway”), received written notice from The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company did not file its Form 10-K for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the “SEC”) by the requir.
businesswire.com
- 6 months ago
Broadway Financial Corporation Announces Notification From Nasdaq Regarding Delinquent Form 10-Q
LOS ANGELES--(BUSINESS WIRE)--Broadway Financial Corporation (“Broadway”, “we”, or the “Company”) (NASDAQ: BYFC), parent company of City First Bank, National Association, announced today it received a letter from the Nasdaq Stock Market LLC (“Nasdaq”), dated November 16, 2023, informing the Company that it no longer complies with Nasdaq Listing Rule 5250(c)(1) because Broadway has not yet filed its Quarterly Report on Form 10-Q for the period ended September 30, 2023 (the “Form 10-Q”). Under Na.
businesswire.com
- 11 months ago
Broadway Financial Corporation Announces Terms of Reverse Stock Split
LOS ANGELES--(BUSINESS WIRE)--Broadway Financial Corporation (“Broadway,” “we,” or the “Company”) (Nasdaq Capital Market: BYFC), parent company of City First Bank, National Association, announced today the terms of the Company's previously disclosed reverse stock split (the “Reverse Split”). Authorization for the Reverse Split was approved by stockholders at Broadway's Annual Meeting on June 21, 2023. On September 20, 2023, the Board of Directors selected a Reverse Split ratio of 1-for-8 shares.
businesswire.com
- 1 year ago
Broadway Financial Could Improve But Is Currently Too Risky
BYFC has recently merged with First City Bank from Washington. The bank's combined asset base could dilute its non-interest costs and improve profitability. However, BYFC has shown bad loan allocation policies in the past, generating substantial losses during the GFC, of up to 10% of the book.
seekingalpha.com
- 1 year ago
Trading Penny Stocks in October? 3 Tips You Need to Consider
If you're trading penny stocks this week, consider these strategies The post Trading Penny Stocks in October? 3 Tips You Need to Consider appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
pennystocks.com
- 2 years ago
8. Profile Summary
Broadway Financial Corporation BYFC
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 65.8 M
Dividend Yield
1.42%
Description
Broadway Financial Corporation operates as the holding company for City First Bank, National Association that provides various banking products and services in the United States. It accepts various deposit accounts, including savings accounts, checking accounts, NOW accounts, money market accounts, and fixed-term certificates of deposit. The company also offers mortgage loans, which are secured by multi-family residential properties; single family residential properties; and commercial real estate, including charter schools, community facilities, and churches, as well as commercial business, construction, and consumer loans. In addition, it invests in securities issued by federal government agencies, residential mortgage-backed securities, and other investments. The company operates through three branch offices. Broadway Financial Corporation was founded in 1946 and is headquartered in Los Angeles, California.
Contact
4601 Wilshire Boulevard, Los Angeles, CA, 90010
https://www.cityfirstbank.com
IPO Date
Jan. 9, 1996
Employees
98
Officers
Ms. Elise M. Adams
Chief Accounting Officer & Senior Vice President
Ms. Shannan Alicia Herbert
Executive Vice President
Mr. Brian E. Argrett
Board Chair, President & Chief Executive Officer
Mr. Thomas A. Nida
Executive Vice President & Market Executive
Mr. John F. Tellenbach
Executive Vice President & West Commercial Regional Executive
Mr. Elizabeth F. Sur
Executive Vice President, General Counsel & Chief Risk Officer
Mr. Zack Ibrahim
Executive Vice President, Chief Financial Officer & Principal Accounting Officer
Ms. Ruth McCloud
Executive Vice President & Chief Operating Officer
Ms. Sonja Sanders Wells
Executive Vice President, Chief Lending Officer of Commercial Banking & East Commercial Regional Executive
Ms. LaShanya Washington
Executive Vice President & Chief Credit Officer