Broadway Financial Corporation Announces Results for 2nd 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 $127 thousand, or $0.00 per diluted share, for the second quarter of 2018, compared to net income of $533 thousand, or $0.02 per diluted share, for the second quarter of 2017. During the second quarter of 2018, our results were impacted by a decline of $430 thousand in net interest income due to lower average interest-earning assets, and a lower net interest margin compared to the second quarter of last year. The decrease in average interest-earning assets, which was the primary contributor to the decrease in net interest income during the quarter, resulted primarily from the sale of $101 million of performing multi-family loans over the past 18 months to maintain compliance with loan concentration guidelines set
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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
- 4/2/24 - Form NT
- 3/28/24 - Form 4
- 3/28/24 - Form 4
- BYFC's page on the SEC website