{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-177364","form_type":"8-K","ticker":"BVFL","cik":"0001302387","company_name":"BV Financial, Inc.","filed_at":"2026-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.108348+00:00","generated_at":"2026-05-15T04:10:41.213062+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"BV Financial Q1 net income falls to $1.1M on $2.2M CEO payout; adjusted net income rises","bullets":["GAAP net income $1.1M ($0.13 diluted EPS) vs $2.1M ($0.21) YoY; adjusted net income $3.3M vs $2.9M.","Former Co-President & CEO David Flair resigned in Jan; received $2.2M payout in Q1, reducing reported earnings.","Net interest margin expanded to 4.36% from 4.12%; net interest income rose to $9.1M from $8.6M.","Repurchased 102,076 shares at weighted-average $18.72; loans down 2.6% to $735.6M.","Non-performing loans $2.6M vs $2.3M; allowance for credit losses stable at $6.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-177364","json":"https://secwatch.observer/filing/0001193125-26-177364.json","markdown":"https://secwatch.observer/filing/0001193125-26-177364.md","text":"https://secwatch.observer/filing/0001193125-26-177364.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1302387/000119312526177364/0001193125-26-177364-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1302387/000119312526177364/bvfl-20260424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:10:41.213062+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"144470c0cdbcf95eb9fb76f55f4113ebca034e46","claim":"BV Financial, Inc. reported the quarter ended March 31, 2026 results: net income $1.1 million, EPS $0.13 per diluted share.","evidence_excerpt":"RESULTS Baltimore, Maryland, April 24, 2026– BV Financial, Inc. (NASDAQ: BVFL), (the “Company”) the holding company for BayVanguard Bank (the “Bank”), reported net income of $1.1 million or $0.13 per diluted share for the quarter ended March 31, 2026 compared to net income of $2.1 million or $0.21 per diluted share for the quarter ended March 31, 2025. Adjusted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1302387/000119312526177364/0001193125-26-177364-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2026"},{"label":"Net income","value":"$1.1 million"},{"label":"EPS","value":"$0.13 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}