secwatch.observer — SEC 8-K summary
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Issuer:     BV Financial, Inc. (BVFL)
CIK:        0001302387
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0000950170-24-116214
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BV Financial reports Q3 net income $3.8M ($0.35 EPS); asset quality improves with non-accrual loans down 62%
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- Net income $3.8M ($0.35 diluted EPS) in Q3 2024 vs $3.7M ($0.35) in Q3 2023.
- Net interest margin expanded to 4.49% from 4.10% year-over-year.
- Non-accrual loans fell 62.4% to $4.0M; provision credit of $714K recognized.
- Loans decreased 1.6% to $693.2M; deposits flat at $634.3M.
- Nine-month net income $9.8M ($0.91) down from $10.7M ($1.20) due to prior-year gains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1302387/000095017024116214/0000950170-24-116214-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1302387/000095017024116214/bvfl-20241021.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-116214

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer