BV Financial, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $181.4M
- Price
- $21.42
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.97%
- Volume
- 17.8K
About
BV Financial, Inc. operates as the holding company for BayVanguard Bank that provides various financial services to individuals and businesses in Maryland. The company offers checking and money market accounts, savings accounts, and certificates of deposits. Its loan products include real estate, home equity, construction, lot, auto, boat, and other personal loans; and commercial lending products, such as commercial equipment/installation, commercial real estate, construction, investment real estate, lines of credit, and SBA loans, as well as loans for short-term real estate purchase, renovation, and sale projects. The company also offers ATM, overdraft, safe deposit, bill pay, remote deposit capture, ACH origination, merchant, and online banking services. The company was founded in 1873 and is headquartered in Baltimore, Maryland. BV Financial, Inc. operates as a subsidiary of Bay-Vanguard, MHC.
Quick stats
Shares outstanding8.5M
Computed float6.5M
Float / shares76.7%
Key info
SectorFinancial Services
IndustryBanks - Regional
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001302387
Websitehttps://www.bayvanguard.com
AI Summary
AI-generated1/3
majorbullishearnings
BV Financial, Inc. Announces Financial Results
BV Financial reported Q2 2026 net income of $3.5 million, or $0.42 per diluted share, up from $2.9 million, or $0.29 per share, in the year-ago quarter. The net interest margin expanded to 4.58% from 4.36%, aided by higher yields on assets and lower interest expense following the payoff of $35 million in FHLB borrowings.
The company repurchased 230,000 shares at an average price of $20.03 during the quarter. Asset quality remains mixed, with non-performing assets increasing to $3.4 million, though the allowance for credit losses covers 182% of non-performing loans.
Adjusted net income (non-GAAP) was $3.9 million, or $0.47 per diluted share, while tangible book value per share increased to $19.74 from $17.72 a year prior.
Red flags
- Non-accrual loans increased $1.1 million to $3.4 million
- Allowance coverage of non-performing loans decreased to 182% from 285% YoY