Broadway Financial (NASDAQ:BYFC) Issues Quarterly Earnings Results

Key Points

• Broadway Financial reported a quarterly earnings per share (EPS) of ($0.02), along with a return on equity of 1.46% and a net margin of 3.18%.
• The company's stock has experienced a recent trading decrease of 1.1%, currently opening at $8.10, with a market capitalization of $74.52 million.
• Wall Street Zen has assigned a "sell" rating for Broadway Financial's stock as part of their latest coverage update.

Broadway Financial (NASDAQ:BYFC - Get Free Report) posted its quarterly earnings results on Thursday. The savings and loans company reported ($0.02) EPS for the quarter, Zacks reports. Broadway Financial had a return on equity of 1.46% and a net margin of 3.18%.

Broadway Financial Trading Down 1.1%

NASDAQ BYFC opened at $8.10 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.03 and a current ratio of 1.15. The company has a market capitalization of $74.52 million, a price-to-earnings ratio of -62.31 and a beta of 0.81. The company's 50-day simple moving average is $7.06 and its two-hundred day simple moving average is $7.08. Broadway Financial has a one year low of $4.86 and a one year high of $9.46.

Analyst Ratings Changes

Separately, Wall Street Zen assumed coverage on shares of Broadway Financial in a research note on Sunday, May 18th. They issued a "sell" rating on the stock.

About Broadway Financial

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.

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