MARKET COMPOSITE
BYFC - Broadway Financial Corp.8:00:00 PM 4/25/2024
Price
$5.01
-0.13 (-2.53%)
Broadway Financial Corporation operates as the holding company for Broadway Federal Bank, f.s.b. 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 mortgage loans, which are secured by multi-family residential properties; single family residential properties; and commercial real estate, including 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.
Financials
Quarterly financials
(USD)Jun 2023Q/Q
Revenue38K-38%
Operating Income339K-85%
Operating Expenses6.4MM+3%
Net Income243K-85%
Compensation3.7MM-0%
Professional Service607K+20%
Amortization97K-1%
Interest Expense4.4MM+51%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    LOS ANGELES, April 23, 2024--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 required

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    LOS ANGELES, November 22, 2023--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").

    LOS ANGELES, October 31, 2023--Broadway Financial Corporation ("Broadway" or the "Company") (Nasdaq Capital Market: "BYFC"), parent company of City First Bank, National Association, today reported that Broadway recently purchased 1,958,173 shares of the Company’s Class A (voting) Common Stock from the Federal Deposit Insurance Corporation (the "FDIC"), which obtained the shares when it was appointed receiver for First Republic Bank upon its closure earlier this year. The purchased shares represe

    LOS ANGELES, October 31, 2023--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").

    ARLINGTON, Va. & WASHINGTON, October 03, 2023--The pathway for underserved small businesses owners to obtain affordable owner-occupied commercial real estate mortgages just got easier — thanks to a new loan product meant to help small businesses in low-to-moderate income areas. By working in these disinvested communities, this loan product will also help entrepreneurs of color and female entrepreneurs.

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    LOS ANGELES, August 08, 2023--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"), reported consolidated net earnings of $243 thousand, or $0.00 per diluted share, for the second quarter of 2023, compared to consolidated net earnings of $1.9 million, or $0.03 per diluted share, for the second quarter of 2022.