---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-039697"
form_type: "8-K"
ticker: "BYFC"
cik: "0001001171"
company_name: "BROADWAY FINANCIAL CORP \\DE\\"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T07:33:04.656534+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Broadway Financial Q3 net income $1.3M, up 553% YoY; NIM expands to 3.02%

## Summary
- Net earnings of $1.3M ($0.02 diluted EPS) vs $182K ($0.00) in Q3 2021.
- Net interest income up 43.7% to $8.6M; net interest margin +59 bps to 3.02%.
- Loan originations over $101M (+20.7% YoY); total loans $726.7M.
- Equity increased to $277.4M from $141.0M, driven by $150M Series C preferred stock issuance.
- Loan loss provision $1.0M (up from $365K) due to loan growth and credit reclassification.

## SEC filing metadata
- accession: 0001140361-22-039697
- form_type: 8-K
- ticker: BYFC
- cik: 0001001171
- company_name: BROADWAY FINANCIAL CORP \DE\
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001171/000114036122039697/0001140361-22-039697-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001171/000114036122039697/brhc10043597_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-039697
- JSON: https://secwatch.observer/filing/0001140361-22-039697.json
- Plain text: https://secwatch.observer/filing/0001140361-22-039697.txt

## Key facts
- Earnings Releases
  BROADWAY FINANCIAL CORP \DE\ reported the third quarter of 2022 results: net income $1.3 million, EPS $0.02 per diluted share.
  - Period: the third quarter of 2022
  - Net income: $1.3 million
  - EPS: $0.02 per diluted share
  - Result: reported results
  source text: Broadway Financial Corporation (“Broadway”, “we”, or the “Company”) (NASDAQ Capital Market: BYFC), reported consolidated net earnings of $1.3 million, or $0.02 per diluted share, for the third quarter of 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001171/000114036122039697/0001140361-22-039697-index.htm

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