BV Financial (NASDAQ:BVFL) Issues Earnings Results

Key Points

• BV Financial reported quarterly EPS of $0.40, with a return on equity of 8.66% and a net margin of 25.74%.
• Shares fell 1.9% to $19.67 on light trading; the company has a market cap of $172.1 million and a price-to-earnings ratio of 13.38.
• A director sold 1,500 shares (a 6.69% reduction in his holdings), institutional investors now own 42.65% of the stock, and Weiss Ratings maintains a "Hold" rating.

BV Financial (NASDAQ:BVFL - Get Free Report) posted its earnings results on Friday. The company reported $0.40 earnings per share (EPS) for the quarter, Zacks reports. BV Financial had a return on equity of 8.66% and a net margin of 25.74%.

BV Financial Stock Down 1.9%

Shares of BV Financial stock traded down $0.37 during trading on Friday, reaching $19.67. The stock had a trading volume of 497 shares, compared to its average volume of 16,135. The company has a market capitalization of $172.10 million, a price-to-earnings ratio of 13.38 and a beta of 0.40. The stock has a fifty day moving average price of $19.32 and a two-hundred day moving average price of $18.34. BV Financial has a 52 week low of $14.05 and a 52 week high of $20.48. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a "hold (c+)" rating on shares of BV Financial in a research note on Friday, March 27th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, BV Financial currently has an average rating of "Hold".

Insider Activity at BV Financial

In other news, Director Joseph S. Galli sold 1,500 shares of the business's stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $19.63, for a total value of $29,445.00. Following the sale, the director directly owned 20,933 shares in the company, valued at $410,914.79. The trade was a 6.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 15.69% of the stock is currently owned by company insiders.

Institutional Trading of BV Financial

A number of institutional investors have recently modified their holdings of the company. Beartown Capital Management LLC bought a new stake in shares of BV Financial in the fourth quarter valued at about $1,100,000. Empowered Funds LLC lifted its holdings in shares of BV Financial by 11.8% in the fourth quarter. Empowered Funds LLC now owns 18,747 shares of the company's stock valued at $340,000 after purchasing an additional 1,983 shares in the last quarter. Bridgeway Capital Management LLC lifted its holdings in shares of BV Financial by 10.0% in the fourth quarter. Bridgeway Capital Management LLC now owns 21,747 shares of the company's stock valued at $394,000 after purchasing an additional 1,983 shares in the last quarter. Panagora Asset Management Inc. lifted its holdings in shares of BV Financial by 12.3% in the fourth quarter. Panagora Asset Management Inc. now owns 28,285 shares of the company's stock valued at $513,000 after purchasing an additional 3,097 shares in the last quarter. Finally, Barclays PLC lifted its holdings in shares of BV Financial by 2.7% in the fourth quarter. Barclays PLC now owns 29,203 shares of the company's stock valued at $530,000 after purchasing an additional 781 shares in the last quarter. 42.65% of the stock is currently owned by institutional investors.

BV Financial Company Profile

BV Financial, Inc operates as the holding company for BayVanguard Bank that provides various financial services to individuals and businesses in Maryland. The company offers checking and money market accounts, savings accounts, and certificates of deposits. Its loan products include real estate, home equity, construction, lot, auto, boat, and other personal loans; and commercial lending products, such as commercial equipment/installation, commercial real estate, construction, investment real estate, lines of credit, and SBA loans, as well as loans for short-term real estate purchase, renovation, and sale projects.

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