BV Financial (NASDAQ:BVFL) Posts Earnings Results

BV Financial (NASDAQ:BVFL - Get Free Report) released its earnings results on Thursday. The company reported $0.38 EPS for the quarter, Zacks reports. BV Financial had a net margin of 21.08% and a return on equity of 6.56%. The firm had revenue of $9.87 million during the quarter.

BV Financial Stock Performance

Shares of BV Financial stock traded up $0.08 during trading on Friday, hitting $15.76. 69,003 shares of the stock were exchanged, compared to its average volume of 103,542. The stock has a market capitalization of $165.95 million, a price-to-earnings ratio of 15.30 and a beta of 0.49. The company has a fifty day moving average price of $15.28 and a 200-day moving average price of $15.43. BV Financial has a 1-year low of $13.01 and a 1-year high of $18.19. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.08.

Analyst Ratings Changes

Separately, Wall Street Zen cut shares of BV Financial from a "hold" rating to a "sell" rating in a research report on Friday.

Insider Activity

In other news, Chairman Gary T. Amereihn sold 1,684 shares of BV Financial stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $15.65, for a total value of $26,354.60. Following the completion of the sale, the chairman directly owned 19,485 shares in the company, valued at approximately $304,940.25. The trade was a 7.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Joseph S. Galli sold 3,454 shares of the stock in a transaction on Monday, May 12th. The stock was sold at an average price of $15.92, for a total value of $54,987.68. Following the sale, the director directly owned 1,559 shares in the company, valued at approximately $24,819.28. This trade represents a 68.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 14,855 shares of company stock worth $235,242 over the last 90 days. 11.79% of the stock is owned by company insiders.

Institutional Trading of BV Financial

An institutional investor recently raised its position in BV Financial stock. Jane Street Group LLC increased its position in shares of BV Financial, Inc. (NASDAQ:BVFL - Free Report) by 74.4% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 41,727 shares of the company's stock after buying an additional 17,798 shares during the period. Jane Street Group LLC owned 0.40% of BV Financial worth $637,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 42.65% of the company's stock.

About BV Financial

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.