CSIMarket Company Name, Ticker, Competitors, else..
 
Broadway Financial Corporation  (BYFC)
Other Ticker:  
 
    Sector • Financial    Industry • S&Ls Savings Banks
   Industry • S&Ls Savings Banks
   Sector • Financial
 
Price: $6.6450 $0.07 1.142%
Day's High: $6.72 Week Perf: -3.56 %
Day's Low: $ 6.26 30 Day Perf: 29.03 %
Volume (M): 16 52 Wk High: $ 8.24
Volume (M$): $ 108 52 Wk Avg: $6.02
Open: $6.26 52 Wk Low: $4.41



 Market Capitalization (Millions $) 60
 Shares Outstanding (Millions) 9
 Employees 67
 Revenues (TTM) (Millions $) 34
 Net Income (TTM) (Millions $) 3
 Cash Flow (TTM) (Millions $) 79
 Capital Exp. (TTM) (Millions $) 0

Broadway Financial Corporation
Broadway Financial Corporation was incorporated under Delaware law in 1995 for the purpose of acquiring and holding all of the outstanding capital stock of Broadway Federal Savings and Loan Association ("Broadway Federal" or the "Bank") as part of the Banks conversion from a federally chartered mutual savings association to a federally chartered stock savings bank. In connection with the conversion, the Banks name was changed to Broadway Federal Bank, f.s.b. The conversion was completed, and the Bank became a wholly-owned subsidiary of the Company in January 1996.

The Company is currently regulated by the Board of Governors of the Federal Reserve System ("FRB"). The Bank is currently regulated by the Office of the Comptroller of the Currency ("OCC") and the Federal Deposit Insurance Corporation ("FDIC"). The Banks deposits are insured up to applicable limits by the FDIC. The Bank is also a member of the Federal Home Loan Bank ("FHLB") of San Francisco.



   Company Address: 4601 Wilshire Boulevard, Suite 150 Los Angeles 90010 CA
   Company Phone Number: 634-1700   Stock Exchange / Ticker: NASDAQ BYFC


Customers Net Income fell by BYFC's Customers Net Profit Margin fell to

-60.54 %
5.9 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BKU   -3.04%    
BRKL   -0.41%    
CFFN   -0.17%    
NRIM        2.13% 
TFSL   -1.67%    
WSBF      0% 
• View Complete Report
   



Broadway Financial Corporation

City First Bank's Parent Company Reports Soft Revenue in First Quarter of 2024



Broadway Financial Corporation, the parent company of City First Bank, National Association, recently reported disappointing financial results for the first quarter of 2024. The company slipped into a shortfall of -$0.02 per share, compared to $0.02 per share the previous year. Additionally, revenue receded by -10.678% to $7.57 million, representing a double-digit decline from the corresponding period a year before. These developments have raised concerns about the company's financial stability and regulatory compliance.
Non-Compliance Issues with Nasdaq Listing Rule:
One significant issue facing Broadway Financial Corporation is its non-compliance with Nasdaq Listing Rule 5250(c)(1). Nasdaq has sent a letter to the company, citing its failure to file its Quarterly Report on Form 10-Q for the period ended September 30, 2023. Non-compliance with regulatory requirements can damage the company's reputation and investor confidence, potentially impacting its stock price.
Business Update

Broadway Financial Corporation Faces Regulatory Non-Compliance and Financial Struggles: A Cause for Investor Concern

Published Wed, Nov 22 2023 5:30 PM UTC


Broadway Financial Corporation (NASDAQ: BYFC), the parent company of City First Bank, National Association, has received a letter from the Nasdaq Stock Market LLC (Nasdaq) notifying them about their non-compliance with Nasdaq Listing Rule 5250(c)(1). The reason behind the non-compliance is Broadway's failure to file its Quarterly Report on Form 10-Q for the period ended...
Broadway Financial Corporation

BYFC's Revenue Skyrockets to $6.76 Million in the Most Recent Fiscal Period



Broadway Financial Corporation, a renowned financial institution, recently released its financial results for the most recent fiscal period. These results reflect a mixed performance, with both positive and negative aspects, indicating various challenges faced by the company. Let's delve into the facts and analyze the implications.
1. Break-even per Share:
During the most recent fiscal period, Broadway Financial Corporation managed to achieve break-even at $0.00 per share. This shows stability compared to a net loss of $0.03 per share reported in the previous year and a slight improvement from $0.02 per share in the previous reporting period.
Broadway Financial Corporation

Skyrocketing 100% Surge in Broadway Financial Corporation's Q1 2023 Earnings Unveils a Stellar Performance

The S&Ls Savings Banks company has been showing signs of positive growth in the financial span ending March 31, 2023. With revenue increasing by 16.016% year on year and a decrease of -5.042% quarter on quarter, the company has been able to display solid financial figures. Moreover, there was a 100% surge in income per share to $0.02, sequentially by 77423538.78%, which is a promising sign for the company's shareholders.
Another company that has shown improvements in its profit margins is the Broadway Financial Corporation. The net margin rose to 18.82% in the first quarter of 2023 earnings season, while the operating margin edged up to 26.77%. This has resulted in operating earnings rising by 68.7% to $2.269 million. Broadway Financial Corporation's positive financial outlook has been noticed by investors and analysts who are eagerly awaiting the company's next financial report release on August 14, 2023.






Broadway Financial's Segments





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