Highest-materiality recent filing
Broadway Financial corrects Q1 2026 results: net income $1.2M vs year-ago loss
Revised net income before preferred dividends $1.2M ($0.13 diluted EPS), vs net loss $2.7M (-$0.31) in Q1 2025.
Broadway Financial Q1 net income $1.6M vs loss; loans and deposits grow, borrowings eliminated
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.
City First Bank (BYFC) awarded $75M NMTC allocation from CDFI Fund
Broadway Financial's bank subsidiary receives $75 million New Markets Tax Credit allocation.
Broadway Financial receives Nasdaq non-compliance notice for late Q3 10-Q filing
Received Nasdaq notice on Nov 20, 2025 for failing to timely file Q3 10-Q under Listing Rule 5250(c)(1).
Broadway Financial restates 2023-2024, Q1 2025 results; loan participation accounting errors
Audit committee concludes audited FY 2023/2024 and unaudited Q1-Q3 2024 and Q1 2025 financials are unreliable.
Broadway Financial to record $25.9M goodwill impairment charge for Q3 2025
Audit Committee concluded goodwill is impaired under GAAP after annual impairment analysis.
Broadway Financial Q2 2025: net income before preferred $603K, diluted loss ($0.02) per common share
Q2 net income before preferred dividends $603K vs $269K YoY; net loss attributable to common $147K after $750K preferred dividends.
Broadway Financial revises Q1 2025 results; $1.9M wire fraud loss drives net loss of $1.9M
Net loss of $1.9M ($0.21 diluted EPS) vs. loss of $164K in Q1 2024; net loss attrib. to common $2.6M ($0.30/share).
Broadway Financial receives Nasdaq delisting notice for late Q1 10-Q filing
Nasdaq notified Broadway on May 28, 2025, for non-compliance with Listing Rule 5250(c)(1) due to late Form 10-Q.
Broadway Financial Q1 net loss widens to $1.2M on higher loan loss provision and expenses
Net loss attributable to common stockholders $1.2M, diluted loss ($0.14) vs. ($0.02) a year ago.
Broadway Financial Q4 net income $1.3M, down 50% YoY; EPS $0.06 vs $0.31; loans up 10%
Q4 net income to common $550K ($0.06 diluted EPS) vs $2.6M ($0.31) YoY; full year $359K ($0.04) vs $4.5M ($0.51).
Broadway Financial Q3 net income up to $522k; net loss per common share $0.03
Net income attributable to Broadway $522k in Q3 2024 vs $91k in Q3 2023; net loss to common stockholders $228k vs income $91k.
Broadway Financial Q2 net earnings $269k, $0.03 EPS; H1 earnings fall to $105k from $1.8M
Q2 net income $269k ($0.03 diluted EPS) vs $243k ($0.03) YoY; H1 net income $105k ($0.01) vs $1.8M ($0.20) YoY.
Broadway Financial Q1 2024 net loss of $164K ($0.02/share) vs net income of $1.6M a year ago
Net interest income fell 9.1% to $7.5M on higher interest expense from borrowings and deposits.
Broadway Financial reports Q4 2023 net earnings of $2.6 million, up from $1.5 million year-over-year
Q4 2023 net earnings $2.6 million ($0.31/diluted share) vs $1.5 million ($0.16) in Q4 2022; full year net earnings $4.5 million ($0.51) vs $5.6 million ($0.62) in 2022.
Received Staff Delisting Determination on May 14, 2024 for failing to timely file Q3 2023 10-Q and 2023 10-K.
Nasdaq warns Broadway Financial for late 10-K filing; deadline extended to May 13, 2024
Received Nasdaq notice for non-compliance with Listing Rule 5250(c)(1) due to late fiscal 2023 Form 10-K.
Broadway Financial Corporation completes 1-for-8 reverse stock split, effective November 1, 2023
Every 8 shares of Common Stock combined into 1 share; no fractional shares issued; fractions paid in cash.
Broadway Financial receives Nasdaq non-compliance notice; plans 1-for-8 reverse stock split
Nasdaq notified Broadway Financial on Sept 25, 2023 that it failed to maintain minimum $1.00 bid price for 30 consecutive business days.
CFO Brenda Battey to retire in H1 2024; board selects 1-for-8 reverse stock split
Brenda Battey, EVP and CFO, informed board on Sept 20, 2023 of plan to retire in first half of 2024.
Broadway Financial Q2 net earnings $243K vs $1.9M YoY; EPS $0.00 vs $0.03
Net earnings $243K ($0.00 diluted EPS) vs $1.9M ($0.03) in Q2 2022; net interest income $7.3M down 9.6% YoY.
Broadway Financial posts Q1 net earnings of $1.6M, up 67% YoY; net interest margin expands to 2.96%
Net earnings $1.6M ($0.02 diluted EPS) vs $958K ($0.01) in Q1 2022; net interest income up 15.4% to $8.3M.
Broadway Financial Q1 net income $1.6M, EPS $0.02; net interest margin up to 2.96%
Net earnings $1.6M ($0.02 diluted) vs $958k ($0.01) in Q1 2022; net interest income +15.4% to $8.3M.
Broadway Financial posts Q4 2022 net earnings of $1.5M; full-year net income $5.6M
Net earnings of $1.5M ($0.02 diluted EPS) in Q4 2022 vs net loss of $1.4M (($0.02)) in Q4 2021.
Broadway Financial Q3 net income $1.3M, up 553% YoY; NIM expands to 3.02%
Net earnings of $1.3M ($0.02 diluted EPS) vs $182K ($0.00) in Q3 2021.
On June 2, 2025, William A. Longbrake, a member of the Board of Directors (the “Board”) of Broadway Financial Corporation (the “Company”) (NASDAQ: BYFC), notified the Board that he is resigning as a director of the Company at the Company’s 2025 Annual Meeting of Stockholders on June 30, 2025.
elected Mary Hentges to the Board, effective March 5, 2025, to fill the new vacancy on the Board.
announce the appointment of John A. Allen as Chief Banking Officer. John joined City First Bank on January 13, 2025
announced Chief Operating Officer, Ruth McCloud, provided notice on January 13, 2025, that she will be retiring from City First Bank on March 31, 2025.
On May 15, 2024, Broadway Financial Corporation (the “Company” or “Broadway”) (NASDAQ Capital Market: BYFC), the holding company of City First Bank, National Association (the “Bank” and collectively with the Company, “City First Broadway”), appointed Zack Ibrahim, age 48, as Executive Vice President and Chief Financial Officer (“CFO”) of the Company and the Bank.
On September 20, 2023, Brenda Battey, Executive Vice President and Chief Financial Officer of the Company and the Bank, informed the Company and its board of directors that she intends to retire from the Company and the Bank in the first half of 2024 following more than 10 years of service and after a suitable replacement has been found and properly transitioned.
On May 13, 2022, the Board of Directors (the “Board”) of Broadway Financial Corporation (the “Company”) elected John Driver to the Board, effective May 13, 2022, to fill a vacancy on the Board.
On September 15, 2021, Mr. Jack T. Thompson notified the Chairman of the Board of Directors (the “Board”) of Broadway Financial Corporation (the “Company”) of his decision to resign, effective 5:00 p.m. Eastern Daylight Time on September 15, 2021, from his position as a member of the Board
Max materiality 0.90 · Median 0.57 · Most common event earnings