Broadway Financial Corporation · NASDAQ:BYFC
Broadway Financial — Shareholder Meeting (June 2026)
21 slides from Broadway Financial's shareholder meeting presentation, Jun 17, 2026
Slide 1: Annual Meeting of Stockholders
June 17, 2026 Annual Meeting of Stockholders
Slide 2: Cautionary Forward-Looking Statements
Cautionary Forward-Looking Statements This presentation is for informational purposes only and does not purport to include a complete discussion of the topics mentioned and should not be relied upon as a basis for making an investment decision in the Company’s securities. This presentation also incl
Slide 3: Agenda
Agenda 1. About Broadway Financial Corporation Corporate Overview & Geographic Footprint Executive Management Team Value Proposition Banking on Impact 2021-2025 2. 2025 Financial Performance Strategic Repositioning 2025 Key Financial Highlights Key Balance Sheet & Margin Metrics (GAAP)
Slide 4: About Broadway Financial Corporation
About Broadway Financial Corporation
Slide 5: Corporate Overview & Geographic Footprint
Corporate Overview & Geographic Footprint In 2021, Broadway Financial Corporation (BYFC) located in Los Angeles, CA completed a merger with CFBanc Corporation located in Washington, D.C., with | Branch and Corporate Office Locations BYFC continuing as the surviving entity BYFC proudly serves com
Slide 6: Executive Management Team
Executive Management Team Brian Argrett Zack Ibrahim John Allen President & Chief Financial Chief Banking CEO Officer Officer 35+ Years of 20+ Years of Experience 30+ Years of Experience Former Head of Corporate Experience CEO of City First Bank Finance at Texas Capital Former Regional B
Slide 7: Value Proposition
Value Proposition Mission Mission Vision Values Based Banking To support and strengthen City First is: We put our customers and underserved communities through A Different Kind of Bank. One that Communities FIRST the provision of high-quality banking leads with purpose, operates with We think BI
Slide 8: Banking on Impact 2021-2025
Banking on Impact 2021-2025 We are intensely focused on the economic empowerment of our customers and communities. We aim for at least 70% of our lending to align with our mission and at least 60% to serve low-income communities. During the period covered by this report (2021-2025), we surpassed the
Slide 9: 2025 Financial Performance
2025 Financial Performance
Slide 10: Strategic Repositioning | Business Line Pivot
Strategic Repositioning | Business Line Pivot Identified structural challenges in 2024: Legacy wholesale multifamily lending became unprofitable due to rising interest rate environment, liquidity constraints, and competitive pressures; drove elevated Commercial Real Estate (CRE) concentration with
Slide 11: Key Balance Sheet & Margin Metrics (GAAP)
Key Balance Sheet & Margin Metrics (GAAP) | Gross Loans1 ($MM) | Deposits ($MM) | Loan to Deposit Ratio 1,026 918 1,008 135% 745 112% Dec-24 Dec-25 Dec-24 Dec-25 Dec-24 Dec-25 Cost of Funds2 FY 2024 FY 2025 3.23% 3.07% | Interest Income ($MM) | Interest Expense ($MM) | Net Interest Margin 32 28 19 8
Slide 12: Loans & Deposits Composition
Loans & Deposits Composition | Gross Loans | Gross Loans Dec-24: $1,008MM Dec-25: $1,026MM Other Other Commercial Purchased 4% 2% 7% 7% Commercial Owner 8% Occupied CRE Owner 11% Occupied CRE 10% 1.7% Non-Owner Non-Owner Occupied Occupied CRE CRE 78% 73% | Total Deposits | Total Deposits Dec-24: $74
Slide 13: Capital and Liquidity
Capital and Liquidity Abundant capital and liquidity capacity enhances flexibility | Total Capital ($MM) | Highlights 13.61% 14.09% BYFC remains well capitalized as evidenced by a Community Bank Leverage Ratio (CBLR) of 14.09%, well above the $285 $263 regulatory minimum of 9.00% $122 $128 $13 T
Slide 14: Key Profitability & Capital Metrics
Key Profitability & Capital Metrics | Adj. Net Income ($MM)1 | Adj. ROAA1 | ACL as a % of Adj. _Gross Loans2 2.0 0.14% 0.99% 0.83% 1.1 0.08% FY 2024 FY 2025 FY 2024 FY 2025 FY 2024 FY 2025 GAAP Net Income FY 2024 FY 2025 2.0 (24.8) | Adj. Efficiency Ratio1 | CBLR | Non-Accrual as a % _of Gross Loans
Slide 15: 2026 Strategic & Financial Update
2026 Strategic & Financial Update
Slide 16: Long-term Strategic Intent (2026-2030 Plan Excerpt)
Long-term Strategic Intent (2026-2030 Plan Excerpt) Our strategic intent is to be recognized as a national market leader in high-impact, mission-driven business banking solutions with focus on C&I, CRE, and Small Business Lending. We leverage our relationship managers, partners & digital solutions t
Slide 17: 2026 Areas of Strategic Focus
2026 Areas of Strategic Focus Strategic Focus Action Grow low-cost deposits to improve funding diversification and improve overall Drive Low-Cost Deposit Growth and Improve funding costs. Modernize our treasury management solutions to help retain Treasury Solutions customers and become competitive i
Slide 18: First Quarter 2026 Financial Highlights (GAAP)
First Quarter 2026 Financial Highlights (GAAP) | Net Income ($MM) | Total Gross Loans ($MM)1 | Total Deposits ($MM) 1.0 1.1 1,073 1,069 918 777 1,026 1,002 (2.7) 2025Q1 2025Q4 2026Q1 2025Q1 2025Q4 2026Q1 2025Q1 2025Q4 2026Q1 | CBLR | Net Interest Margin | ROAA 14.78% 2.75% 0.12% 0.08% 14.09% 14.06%
Slide 19: Our Customer Promise & Strategic Intent
Our Customer Promise & Strategic Intent Our strategic intent is to be recognized as a national market leader in high-impact, mission-driven business banking solutions with focus on C&I, CRE, and Small Business Lending. Our customer promise is a purposeful relationship, consistent quality service, an
Slide 20: Appendix: Non-GAAP Financial Measures
Appendix: Non-GAAP Financial Measures
Slide 21: Reconciliation of Non-GAAP Information
Reconciliation of Non-GAAP Information Financial Metrics ($M) FY 2024 FY 2025 Non-Interest Expense 29,894 57,183 Less: One Time Expenses (Goodwill Impairment; Non-Tax Affected) - 25,858 Adj. Non-Interest Expense 29,894 31,325 Net Income Attributable to Broadway Financial Corporation 1,954 (24,808) A