Broadway Financial Corporation Reports Third Quarter 2026 Results Highlighted by Improved Earnings, Strong Deposit Growth and Stable Credit Quality
Key Highlights
- ➤Broadway Financial (BYFC) Q3 net income $392 thousand versus $24.6 million loss year-ago
- ➤Net loans increased $116.2 million, or 11.4%, through first nine months
- ➤Total deposits increased $192.4 million, or 21.0%, through first nine months
- ➤Non-accrual loans remained 1.20% of gross loans; non-performing assets reached 0.88%
- ➤Community Bank Leverage Ratio stood at 12.83% at September 30, 2026
Expert Statements
Brian Argrett, Chief Executive Officer of Broadway Financial Corporation
“Our third-quarter results reflect disciplined execution of our strategic priorities, resulting in strong growth in both loans and deposits while maintaining solid capital levels. We continue to operate with a disciplined approach to risk management and underwriting as we navigate an evolving economic environment. Looking ahead, we remain focused on optimizing the balance sheet, enhancing profitability, and delivering long-term value for our stockholders.”
Broadway Financial Corporation Reports Third Quarter 2026 Results Highlighted by Improved Earnings, Strong Deposit Growth and Stable Credit Quality
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, “City First Broadway”), reported net income attributable to common stockholders of $392 thousand during the third quarter of 2026, compared to net income attributable to common stockholders of $218 thousand for the second quarter of 2026, and net loss attributable to common stockholders of $24.6 million for the third quarter of 2025. Diluted earnings (loss) per common share was $0.04 for the third quarter of 2026, compared to $0.02 for the second quarter of 2026 and ($2.86) for the third quarter of 2025.
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