Broadway Financial (NASDAQ:BYFC) Issues Quarterly Earnings Results

Broadway Financial (NASDAQ:BYFC - Get Free Report) posted its earnings results on Monday. The savings and loans company reported ($0.14) earnings per share for the quarter, Zacks reports. Broadway Financial had a return on equity of 1.44% and a net margin of 3.02%. The firm had revenue of $8.33 million for the quarter.

Broadway Financial Price Performance

Shares of BYFC traded up $0.05 during trading hours on Friday, reaching $6.45. 9,292 shares of the company's stock traded hands, compared to its average volume of 8,562. Broadway Financial has a 12 month low of $4.41 and a 12 month high of $9.46. The company has a current ratio of 1.38, a quick ratio of 0.14 and a debt-to-equity ratio of 2.26. The stock has a market cap of $58.83 million, a PE ratio of 161.32 and a beta of 0.73. The firm's 50 day simple moving average is $6.85 and its 200-day simple moving average is $7.13.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Broadway Financial in a report on Friday. They issued a "sell" rating on the stock.

Broadway Financial Company Profile

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, interest checking accounts, money market accounts, and fixed-term certificates of deposit.