Broadway Financial Q3 net income up to $522k; net loss per common share $0.03

BROADWAY FINANCIAL CORP \DE\

2024-Q3 EPS reported -$0.02 revenue$114,000

Net income attributable to Broadway $522k in Q3 2024 vs $91k in Q3 2023; net loss to common stockholders $228k vs income $91k.
Net interest income rose 23% to $8.3M; net interest margin improved to 2.49% from 2.33% YoY.
Total gross loans grew 9.9% to $975.3M; only one non-performing loan of $291k (0.03% of loans).
Non-interest expense increased 8.8% to $7.6M due to professional fees for internal control remediation.
Book value per share $14.97; total assets $1.38B; uninsured deposits at 34% of total deposits.

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