Broadway Financial Corporation Announces Results for 1st Quarter 2018
Broadway Financial Corporation - Class A (BYFC)
US:NASDAQ Investor Relations:
broadwayfederalbank.com/investor-relations
Company Research
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)-- Broadway Financial Corporation (the “Company”) (NASDAQ Capital Market: BYFC), parent company of Broadway Federal Bank, f.s.b. (the “Bank”), today reported a net loss of ($84) thousand, or ($0.00) per diluted share, for the first quarter of 2018, compared to net income of $1.2 million, or $0.05 per diluted share, for the first quarter of 2017. The lower earnings during the first quarter of 2018 compared to the first quarter of 2017 primarily resulted from a decrease of $1.2 million in non-interest income as the prior year’s quarter included an insurance litigation settlement of $1.2 million. In addition, in the first quarter of 2017 the Company’s reported income was enhanced by a loan loss provision recapture of $350 thousand. During the first quarter of 2018, the Bank did not report any loan loss provision or recapture. Chief Executive Officer, Wayne Bradshaw, commented,
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BYFC
News
- Broadway Financial Corporation Discloses Receipt of Notice From Nasdaq Regarding Filing Requirement for the Company's Form 10-K [Yahoo! Finance]Yahoo! Finance
- Broadway Financial Corporation Discloses Receipt of Notice From Nasdaq Regarding Filing Requirement for the Company’s Form 10-KBusiness Wire
- Broadway Financial Co. (NASDAQ: BYFC) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Broadway Financial Co. (NASDAQ: BYFC) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Broadway Financial Co. (NASDAQ: BYFC) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
BYFC
Sec Filings
- 4/24/24 - Form 8-K
- 4/2/24 - Form NT
- 3/28/24 - Form 4
- BYFC's page on the SEC website