Broadway Financial Corp.
- 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.)
- $110.5M
- Price
- $11.91
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.67%
- Volume
- 2.5K
About
Broadway Financial Corporation operates as the holding company for City First Bank, National Association that provides various banking products and services in the United States. It accepts various deposit accounts, including savings accounts, checking accounts, NOW accounts, money market accounts, and fixed-term certificates of deposit. The company also offers mortgage loans, which are secured by multi-family residential properties; single family residential properties; and commercial real estate, including charter schools, community facilities, and churches, as well as commercial business, construction, and consumer loans. In addition, it invests in securities issued by federal government agencies, residential mortgage-backed securities, and other investments. The company operates through three branch offices. Broadway Financial Corporation was founded in 1946 and is headquartered in Los Angeles, California.
Quick stats
Shares outstanding9.3M
Computed float4.4M
Float / shares47.6%
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.)0001001171
AI Summary
AI-generated1/7
standardbullishearnings
Broadway Financial Corporation Reports Second Quarter 2026 Results Reflecting Strong Loan and Deposit Growth and Enhanced Operating Performance
Broadway Financial reported Q2 2026 net income attributable to common stockholders of $218,000, or $0.02 per diluted share, down from $409,000 in the prior quarter due to preferred dividends.
Core operations improved significantly with pre-provision net revenue jumping 82.2% to $3.0 million, while total loans and deposits grew 10.8% and 21.5% respectively over the first six months of the year.
Asset quality remained stable with non-performing assets at 0.71% of total assets, though provision expense rose to $1.5 million following a specific reserve on a non-accrual loan.
Red flags
- Provision for credit losses increased to $1.5 million from $200,000 in the prior quarter due to a specific reserve on a non-accrual loan
- Uninsured deposits increased to 47% of total deposits, up from 41% at year-end 2025
- Net income attributable to common stockholders decreased 47% quarter-over-quarter