---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-006035"
form_type: "8-K"
ticker: "BYFC"
cik: "0001001171"
company_name: "BROADWAY FINANCIAL CORP \\DE\\"
filed_at: "2023-02-10T23:59:59+00:00"
generated_at: "2026-06-19T17:18:20.670231+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Broadway Financial posts Q4 2022 net earnings of $1.5M; full-year net income $5.6M

## Summary
- Net earnings of $1.5M ($0.02 diluted EPS) in Q4 2022 vs net loss of $1.4M (($0.02)) in Q4 2021.
- Full-year 2022 net earnings $5.6M ($0.08 EPS) vs net loss $4.1M (($0.07)) in 2021.
- Net interest income increased 42.5% to $9.0M in Q4; net interest margin expanded to 3.26% from 2.50%.
- Loan originations exceeded $273M in 2022, largest annual total ever; pre-tax profit $8.1M.
- Deposits decreased $101.1M to $686.9M due to customer withdrawals and higher rates elsewhere.

## SEC filing metadata
- accession: 0001140361-23-006035
- form_type: 8-K
- ticker: BYFC
- cik: 0001001171
- company_name: BROADWAY FINANCIAL CORP \DE\
- filed_at: 2023-02-10T23:59:59+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/1001171/000114036123006035/0001140361-23-006035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001171/000114036123006035/brhc10047938_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-006035
- JSON: https://secwatch.observer/filing/0001140361-23-006035.json
- Plain text: https://secwatch.observer/filing/0001140361-23-006035.txt

## Key facts
- Earnings Releases
  BROADWAY FINANCIAL CORP \DE\ reported for the fourth quarter of 2022 results: net income 1.5 million, EPS 0.02 per diluted share.
  - Period: for the fourth quarter of 2022
  - Net income: 1.5 million
  - EPS: 0.02 per diluted share
  - Result: reported results
  source text: Broadway Financial Corporation (“Broadway”, “we”, or the “Company”) (NASDAQ Capital Market: BYFC), parent company of City First Bank, National Association (the “Bank”, and collectively, with the Company, “Broadway” or “City First Broadway”), reported consolidated net earnings of $1.5 million, or $0. 02 per diluted share, for the fourth quarter of 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001171/000114036123006035/0001140361-23-006035-index.htm
- Earnings Releases
  BROADWAY FINANCIAL CORP \DE\ reported for the year ended December 31, 2022 results: net income 5.6 million, EPS 0.08 per diluted share.
  - Period: for the year ended December 31, 2022
  - Net income: 5.6 million
  - EPS: 0.08 per diluted share
  - Result: reported results
  source text: For the year ended December 31, 2022, the Company reported net earnings of $5.6 million, or $0.08 per diluted share, compared to a net loss of $4.1 million, or ($0.07) per diluted share, for the year ended December 31, 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001171/000114036123006035/0001140361-23-006035-index.htm

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