---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-009611"
form_type: "8-K"
ticker: "BVFL"
cik: "0001302387"
company_name: "BV Financial, Inc."
filed_at: "2025-01-28T23:59:59+00:00"
generated_at: "2026-05-27T08:03:57.813614+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BV Financial FY 2024 net income $11.7M ($1.10 EPS), down from $13.7M ($1.47 EPS) in FY 2023

## Summary
- Q4 2024 net income $1.95M ($0.18 EPS) vs $3.0M ($0.28 EPS) a year ago; adjusted net income was $12.9M for both full years.
- Net loans grew 4.74% to $729.2M; deposits increased 2.74% to $651.5M; $50M in brokered CDs replaced retail deposit runoff.
- Net interest margin improved to 4.27% for FY 2024 from 4.23% in FY 2023; noninterest expense rose to $21.5M from $19.4M.
- Company repurchased 1.1M shares at avg $16.27; equity decreased $3.6M to $195.5M after buybacks.
- Non-performing assets fell to $4.2M from $10.7M; ACL coverage of NPLs rose to 212.5% from 82.9%.

## SEC filing metadata
- accession: 0000950170-25-009611
- form_type: 8-K
- ticker: BVFL
- cik: 0001302387
- company_name: BV Financial, Inc.
- filed_at: 2025-01-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1302387/000095017025009611/0000950170-25-009611-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1302387/000095017025009611/bvfl-20250127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-009611
- JSON: https://secwatch.observer/filing/0000950170-25-009611.json
- Plain text: https://secwatch.observer/filing/0000950170-25-009611.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.