Broadway FinancialBYFC
BYFC
About: Broadway Financial Corp is active in the financial services domain. It is a savings and loan holding company in the United States. The Bank's business consists of deposits from the general public and using such deposits, together with borrowings and other funds, to make mortgage loans secured by residential properties and commercial real estate. Its deposits consist of passbook savings accounts, checking accounts, and negotiable order of withdrawal accounts, money market accounts and fixed-term certificates of deposit. The revenue is derived from interest income on loans and investments.
Employees: 98
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
6.31% less ownership
Funds ownership: 27.13% [Q2] → 20.82% (-6.31%) [Q3]
15% less funds holding
Funds holding: 20 [Q2] → 17 (-3) [Q3]
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
94% less capital invested
Capital invested by funds: $140M [Q2] → $8.09M (-$132M) [Q3]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for BYFC.
Financial journalist opinion
Neutral
PRNewsWire
4 days ago
Broadway Financial Corporation Announces New Chief Banking Officer
Ruth McCloud, Chief Operating Officer, Retires After 10 Years of Service LOS ANGELES , Jan. 15, 2025 /PRNewswire/ -- Broadway Financial Corporation ("Broadway" or the "Company") (NASDAQ: BYFC), parent company of City First Bank, National Association (the "Bank"), announced Chief Operating Officer, Ruth McCloud, provided notice on January 13, 2025, that she will be retiring from City First Bank on March 31, 2025. Over the past decade, Ruth's dedication and contributions have played an essential role in the Bank's growth and success.
Neutral
PRNewsWire
2 weeks ago
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Broadway Financial Corporation (NASDAQ: BYFC)
NEW YORK , Jan. 2, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Broadway Financial Corporation (NASDAQ: BYFC) on behalf of the company's shareholders. The investigation seeks to determine whether Broadway Financial Corporation's directors breached their fiduciary duties in connection with recent corporate actions.
Neutral
Business Wire
2 months ago
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.
Neutral
Business Wire
5 months ago
Broadway Financial Corporation Announces Results for Second 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 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 Nov.
Neutral
Business Wire
7 months ago
Broadway Financial Corporation Announces Results for First Quarter 2024
LOS ANGELES--(BUSINESS WIRE)--Broadway Financial Corp. Q1 2024 Earnings Release.
Neutral
Business Wire
7 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.
Neutral
Business Wire
7 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.
Neutral
Business Wire
7 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.
Neutral
Business Wire
8 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.
Neutral
Business Wire
8 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.
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