Broadway Financial corrects Q1 2026 results: net income $1.2M vs year-ago loss

BROADWAY FINANCIAL CORP \DE\

Revised net income before preferred dividends $1.2M ($0.13 diluted EPS), vs net loss $2.7M (-$0.31) in Q1 2025.
Net income attributable to common stockholders $409K ($0.05 per share) vs net loss $3.4M (-$0.39) year ago.
Loans grew 4.2% to $1.1B; deposits up 16.9% to $1.1B; borrowings fully repaid ($72M eliminated).
Net interest margin improved 12 bps to 2.75%; cost of funds decreased to 2.91%.
Error in loan interest calculation corrected; no impact on total cash flows or loan economics.

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