secwatch.observer — SEC 8-K summary
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Issuer:     BV Financial, Inc. (BVFL)
CIK:        0001302387
Form:       8-K
Filed at:   2026-07-24T18:39:19+00:00
Accession:  0001193125-26-315814
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BV Financial Q2 net income rises to $3.5M ($0.42 EPS); net interest margin expands to 4.58%
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- Net income $3.5M ($0.42 diluted EPS) vs $2.9M ($0.29) a year ago; adjusted net income $3.9M ($0.47).
- Net interest margin 4.58% (Q2 2026) vs 4.36% (Q2 2025); net interest income $9.5M vs $9.2M.
- Loans decreased $44.3M (5.9%) to $711.6M; deposits flat at $675.9M; paid off $35M FHLB borrowings.
- Non-accrual loans increased to $3.4M from $2.3M at Dec 31, 2025; allowance for credit losses 0.87% of loans.
- Repurchased 230,000 shares at avg $20.03; six-month net income $4.6M ($0.55) vs $5.0M ($0.50) due to $2.2M executive transition expense.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1302387/000119312526315814/0001193125-26-315814-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1302387/000119312526315814/bvfl-20260724.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-315814

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