Broadway Financial Corporation Announces Results for First Quarter 2024
![Business Wire](../../../Content/images/providers/BW.png)
Broadway Financial Corporation - Class A (BYFC)
US:NASDAQ Investor Relations:
broadwayfederalbank.com/investor-relations
Company Research
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Broadway Financial Corporation (“Broadway”, “we”, or the “Company”) (NASDAQ: BYFC), parent company of City First Bank, National Association (the “Bank”, and collectively, with the Company, “Broadway” or “City First Broadway”), reported consolidated net loss of $164 thousand, or ($0.02) per diluted share, for the first quarter of 2024, compared to consolidated net earnings of $1.6 thousand, or $0.17 per diluted share, for the first quarter of 2023.During the first quarter of 2024, net interest income decreased by $750 thousand, or 9.1%, to $7.5 million, compared to the first quarter of 2023. The decrease resulted from higher interest expense, primarily due to an increase in the cost of borrowings and deposits. During the first quarter of 2024, non-interest expense increased $1.6 million, or 25.8%, compared to the first quarter of 2023 due to increases of $905 thousand in professional services expense and $648 thousand in compensation and benefits expen
Show less
Read more
Impact Snapshot
Event Time:
BYFC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BYFC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BYFC alerts
High impacting Broadway Financial Corporation - Class A news events
Weekly update
A roundup of the hottest topics
BYFC
News
- Broadway Financial Co. (NASDAQ: BYFC) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Broadway Financial Co. (NASDAQ: BYFC) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Broadway Financial Corporation Announces Results for First Quarter 2024 [Yahoo! Finance]Yahoo! Finance
- Broadway Financial Co. (NASDAQ: BYFC) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Broadway Financial Corporation Announces Compliance Regarding Filing of Form 10-QBusiness Wire
BYFC
Sec Filings
- 6/11/24 - Form 8-K
- 6/6/24 - Form ARS
- 6/6/24 - Form DEFA14A
- BYFC's page on the SEC website