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Broadway Financial Corporation Announces Results for Fourth Quarter and Full Year 2020

LOS ANGELES--(BUSINESS WIRE)--Broadway Financial Corporation (the “Company”) (NASDAQ Capital Market: BYFC), parent company of Broadway Federal Bank, f.s.b. (the “Bank”), today reported a net loss of $581 thousand, or ($0.02) per share, for the fourth quarter of 2020 compared to a net loss of $69 thousand, or less than $0.01 per share, for the fourth quarter of 2019 and a net loss of $244 thousand, or ($0.01) per diluted share for the prior quarter.