{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-046809","form_type":"8-K","ticker":"BVFL","cik":"0001302387","company_name":"BV Financial, Inc.","filed_at":"2024-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.776073+00:00","generated_at":"2026-06-03T11:28:53.601905+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"BV Financial Q1 2024 net income $2.6M ($0.24 EPS) vs $3.1M ($0.39 EPS) YoY","bullets":["Net income $2.6M, diluted EPS $0.24, down from $3.1M and $0.39 in Q1 2023.","$3.0M junior sub debt pay-off caused $566K write-off, increasing interest expense and lowering net income.","Net interest margin 3.91% vs 4.34% YoY, as cost of interest-bearing liabilities rose 125 bps.","Noninterest expense rose to $4.9M from $4.7M due to higher compensation and fraud losses.","Loans grew 0.56% to $708.7M; deposits up 0.85% to $639.5M; nonperforming loans $10.7M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-046809","json":"https://secwatch.observer/filing/0000950170-24-046809.json","markdown":"https://secwatch.observer/filing/0000950170-24-046809.md","text":"https://secwatch.observer/filing/0000950170-24-046809.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1302387/000095017024046809/0000950170-24-046809-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1302387/000095017024046809/bvfl-20240422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T11:28:53.601905+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ae4490f93fc1b10b5a6029aaaec163da5d7b7819","claim":"BV Financial, Inc. reported the three months ended March 31, 2024 results: net income $2.6 million, EPS $0.24 per diluted share.","evidence_excerpt":"On April 22, 2024, BV Financial, Inc. (the “Company”), the holding company for BayVanguard Bank, issued a press release announcing its financial results for the three months ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1302387/000095017024046809/0000950170-24-046809-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Net income","value":"$2.6 million"},{"label":"EPS","value":"$0.24 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}