---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-044531"
form_type: "8-K"
ticker: "BYFC"
cik: "0001001171"
company_name: "BROADWAY FINANCIAL CORP \\DE\\"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T08:50:06.199646+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-24-044531
- form_type: 8-K
- ticker: BYFC
- cik: 0001001171
- company_name: BROADWAY FINANCIAL CORP \DE\
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001171/000114036124044531/0001140361-24-044531-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001171/000114036124044531/ef20037814_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-044531
- JSON: https://secwatch.observer/filing/0001140361-24-044531.json
- Plain text: https://secwatch.observer/filing/0001140361-24-044531.txt

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