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Broadway Financial Corporation Announces Results of Operations for Second Quarter 2025
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 consolidated net income before preferred dividends of $603 thousand, or $0.07 per diluted share, for the second quarter of 2025, compared to consolidated net income of $269 thousand, or $0.03 per diluted share, for the second quarter of 2024. Net loss attributable to common sto
About this update from Broadway Financial Corporation
[{"type":"text","content":"LOS ANGELES, July 31, 2025 /PRNewswire/ -- 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 consolidated net income before preferred dividends of $603 thousand, or $0.07 per diluted share, for the second quarter of 2025, compared to consolidated net income of $269 thousand, or $0.03 per diluted share, for the second quarter of 2024. Net loss attributable to common stockholders was $147 thousand during the second quarter of 2025 after deducting preferred dividends of $750 thousand, compared to net income attributable to common stockholders of $269 thousand for the second quarter of 2024. Diluted loss per common share was ($0.02) for the second quarter of 2025, compared to $0.03 of income per diluted common share for the second quarter of 2024. Diluted loss per common share for the second quarter of 2025 reflects preferred dividends of $0.09 per diluted common share.","length":1112,"tagName":"p"},{"type":"image","alt":"Broadway Financial Corporation (PRNewsfoto/Broadway Financial Corporation)","displaySize":"","headline":null,"caption":"Broadway Financial Corporation (PRNewsfoto/Broadway Financial Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":116,"url":"https://media.zenfs.com/en/prnewswire.com/9a1119457208240228f5f27235916a6b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/k4Ge8aPz.5tivAN2gvL6PQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIwNDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/9a1119457208240228f5f27235916a6b","width":400,"height":116}},"href":"https://mma.prnewswire.com/media/2701198/Broadway_Financial_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"For the first six months of 2025, the Company reported consolidated net loss before preferred dividends of $1.3 million, or ($0.15) per diluted share, compared to consolidated net income before preferred dividends of $105 thousand, or $0.01 per diluted share, for the first six months of 2024. Net loss attributable to common stockholders was $2.8 million during the first six months of 2025 after deducting preferred dividends of $1.5 million, compared to net inc...