secwatch.observer — SEC 8-K summary
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Issuer:     BV Financial, Inc. (BVFL)
CIK:        0001302387
Form:       8-K
Filed at:   2025-04-18T23:59:59+00:00
Accession:  0000950170-25-055822
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BV Financial Q1 net income $2.1M ($0.21 EPS) vs $2.6M ($0.24) YoY
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- Adjusted net income was $2.9M for both Q1 2025 and Q1 2024.
- Net interest margin improved to 4.12% from 3.91% YoY, net interest income up to $8.6M from $8.0M.
- Noninterest expense jumped to $6.2M from $4.9M, driven by $1.2M in equity awards and higher compensation.
- Completed $50k share repurchase in Jan 2025; new $2.6B? No, new repurchase program adopted April 4, 2025.
- Net loans increased 1.65% to $741.3M; deposits up 0.98% to $657.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1302387/000095017025055822/0000950170-25-055822-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1302387/000095017025055822/bvfl-20250418.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-055822

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