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Broadway Financial Corporation - Class A Common Stock (BYFC)

6.6300
-0.1300 (-1.92%)
NASDAQ · Last Trade: Apr 3rd, 7:00 PM EDT
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Detailed Quote

Previous Close6.760
Open6.760
Bid2.710
Ask6.900
Day's Range6.625 - 6.859
52 Week Range4.406 - 9.461
Volume1,565
Market Cap475.54M
PE Ratio (TTM)165.75
EPS (TTM)0.0
Dividend & YieldN/A (N/A)
1 Month Average Volume3,115

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About Broadway Financial Corporation - Class A Common Stock (BYFC)

Broadway Fin Corp is a financial services company that primarily focuses on providing a range of banking products and services to individuals and businesses. The company engages in traditional banking activities, including accepting deposits, offering loans, and providing various financial solutions to meet the needs of its customers. Through its network of branches and digital platforms, Broadway Fin Corp aims to deliver customer-centric financial services while fostering community relationships and supporting local economic growth. The organization is dedicated to innovation in banking practices, enhancing the customer experience, and adapting to the evolving financial landscape. Read More

News & Press Releases

Broadway Financial Corporation Announces Results for Third Quarter 2024
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 third quarter of 2024 after deducting preferred dividends of $750 thousand, compared to net income attributable to common stockholders of $91 thousand for the third quarter of 2023. Diluted loss per common share was $0.03 for the third quarter of 2024, compared to $0.01 of earnings per diluted common share for the third quarter of 2023. Diluted loss per common share for the third quarter of 2024 reflects preferred dividends of $0.09 per diluted common share.
By Broadway Financial Corporation · Via Business Wire · October 29, 2024
BYFC Stock Earnings: Broadway Financial Reported Results for Q2 2024investorplace.com
Broadway Financial just reported results for the second quarter of 2024.
Via InvestorPlace · July 30, 2024
Broadway Financial Corporation Announces Results for Second Quarter 2024
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 consolidated net earnings of $269 thousand, or $0.03 per diluted share, for the second quarter of 2024, compared to consolidated net earnings of $243 thousand, or $0.03 per diluted share (adjusted for the 1-for-8 reverse stock split effective November 1, 2023), for the second quarter of 2023.
Broadway Financial Corporation Announces Results for First Quarter 2024
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, “Broadway” or “City First Broadway”), reported consolidated net loss of $164 thousand, or ($0.02) per diluted share, for the first quarter of 2024, compared to consolidated net earnings of $1.6 thousand, or $0.17 per diluted share, for the first quarter of 2023.
BYFC Stock Earnings: Broadway Financial Reported Results for Q1 2024investorplace.com
Broadway Financial just reported results for the first quarter of 2024.
Via InvestorPlace · June 4, 2024
Broadway Financial Corporation Announces Compliance Regarding Filing of Form 10-Q
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.
Broadway Financial Corporation Announces Results for Fourth Quarter and Full Year Calendar 2023
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 November 1, 2023), for the fourth quarter of 2022.
Broadway Financial Corporation Announces Notification from Nasdaq Regarding Late Filing of Form 10-Q
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 time period prescribed by Securities and Exchange Commission rules.
Broadway Financial Corporation Announces Four Additions to Senior Management Team
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:
Broadway Financial Corporation Announces Notification from Nasdaq Regarding Late Filing of Form 10-Q and Form 10-K
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 securities from Nasdaq as a result of the Company's not being in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”).
Broadway Financial Corporation Discloses Receipt of Notice From Nasdaq Regarding Filing Requirement for the Company’s Form 10-K
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 filing date, the Company was not in compliance with Nasdaq’s Listing Rule 5250(c)(1) for continued listing.
By Broadway Financial Corporation · Via Business Wire · April 23, 2024
Broadway Financial Corporation Announces Notification From Nasdaq Regarding Delinquent Form 10-Q
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”).
By Broadway Financial Corporation · Via Business Wire · November 22, 2023
Broadway Financial Corporation Announces Repurchase of Shares
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 represented just under 4.0% of the Company’s total voting shares prior to the purchase, and over 2.6% of the Company’s total common equity. Broadway purchased the shares at a price of $0.9095 per share, which represented the 20-day volume weighted average price for the Class A shares over the period ended October 24, 2023.
By Broadway Financial Corporation · Via Business Wire · October 31, 2023
Broadway Financial Corporation Announces Terms of Reverse Stock Split
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”).
By Broadway Financial Corporation · Via Business Wire · October 31, 2023
Top Black-Led Financial Organizations to Provide Up To $100 Million in Mission-Focused Lending to Underserved Small Business Owners
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.
By Broadway Financial Corporation · Via Business Wire · October 3, 2023
Broadway Financial Corporation Announces Results for Second Quarter 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.
By Broadway Financial Corporation · Via Business Wire · August 8, 2023
CORRECTING and REPLACING Broadway Financial Corporation Announces Results for First Quarter 2023
Please replace the release issued May 5, 2023 with the following corrected version due to multiple revisions in the First Quarter 2023 Highlights bullets, the Balance Sheet Summary section, and the figures in the last table.
Broadway Financial Corporation, Inc. President and CEO Brian E. Argrett to Add Chair Role
Broadway Financial Corporation, Inc. (Nasdaq: BYFC) (“Broadway”), the parent company of City First Bank, N.A. (the “Bank”), announced that its Board of Directors unanimously elected President and CEO Brian E. Argrett to the role of Board Chair of both Broadway and the Bank, effective April 1, 2023, on the two-year anniversary of the merger of equals of Broadway and CFBanc Corporation and their bank subsidiaries. The Board of Directors also unanimously elected current Board Chair Wayne-Kent A. Bradshaw as Vice Chair and reelected Marie C. Johns as Lead Independent Director. This transition realizes the governance succession plans established in connection with the merger to elevate Mr. Argrett to serve as Board Chair while continuing to serve as Chief Executive Officer.
City First Broadway Announces New Executives and Managerial Positions
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”), today announced the following executive appointments:
By Broadway Financial Corporation · Via Business Wire · March 21, 2023
TFF Pharmaceuticals And 3 Other Stocks Under $5 Insiders Are Aggressively Buyingbenzinga.com
The Dow Jones closed lower on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Via Benzinga · March 14, 2023
12 Financials Stocks Moving In Monday's After-Market Sessionbenzinga.com
Via Benzinga · March 13, 2023
TreeHouse Foods, Bed Bath & Beyond And 3 Stocks To Watch Heading Into Mondaybenzinga.com
With US futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows:
Via Benzinga · February 13, 2023
Broadway Financial Corporation Announces Results for Fourth Quarter and Full Year 2022
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, “Broadway” or “City First Broadway”), reported consolidated net earnings of $1.5 million, or $0.02 per diluted share, for the fourth quarter of 2022, compared to consolidated net loss of $1.4 million, or ($0.02) per diluted share, for the fourth quarter of 2021.
By Broadway Financial Corporation · Via Business Wire · February 10, 2023
Broadway Financial Corporation Announces Credit Agreement with ESOP
Broadway Financial Corporation (“Broadway”, “we”, or the “Company”) (NASDAQ Capital Market: BYFC), announced today that the Board of Directors of the Company (the “Board of Directors”) has approved extending a series of loans from time to time aggregating up to $5 million to the City First Bank, National Association Employee Stock Ownership Trust, which was established by the City First Bank, National Association Employee Stock Ownership Plan (collectively, the “ESOP”), for the purpose of purchasing shares of the Company’s common stock from time to time in open market purchase or private sales, with the first of such loans to be in the amount of $0.5 million.
By Broadway Financial Corporation · Via Business Wire · December 19, 2022
Stocks That Hit 52-Week Lows On Wednesdaybenzinga.com
  On Wednesday, 115 stocks hit new 52-week lows.
Via Benzinga · December 14, 2022