earnings
confidence high
sentiment positive
materiality 0.65
Broadway Financial Q1 net income $1.6M vs loss; loans and deposits grow, borrowings eliminated
BROADWAY FINANCIAL CORP \DE\
- Net income before preferred dividends $1.6M ($0.09 diluted EPS) vs net loss $2.7M (-$0.39) in Q1 2025, a $4.3M improvement.
- Net income attributable to common stockholders $810K, up 123.6% from net loss $3.4M a year ago.
- Total loans increased 4.2% ($42.7M) to $1.1B; deposits up 16.9% ($155.5M) to $1.1B vs Dec 31, 2025.
- Borrowings reduced to $0 from $72M; net interest margin expanded 28 bps to 2.91%.
- Non-accrual loans 1.07% of total loans; Community Bank Leverage Ratio 14.09%.
item 2.02item 9.01