newsfilter
← Earnings
Earnings Releases·

Broadway Financial Corporation — Third Quarter 2026 Earnings Summary

  • Net income attributable to common stockholders reached $392 thousand ($0.04 per diluted share) in Q3 2026, a significant turnaround from a $24.6 million loss in Q3 2025 and a $218 thousand profit in Q2 2026.
  • Consolidated net income before preferred dividends rose to $1.1 million in Q3 2026 from $968 thousand in Q2 2026, while net interest income increased 4.3% quarter-over-quarter to $9.9 million.
  • Balance sheet growth was robust in the first nine months of 2026, with total assets rising to $1.56 billion, net loans increasing 11.4% to include government-guaranteed loans, and total deposits growing 21.0% to $1.1 billion.
  • Non-interest expense for the first nine months of 2026 fell 51.6% to $23.8 million compared to the prior year, primarily due to the absence of a $25.9 million goodwill impairment charge recorded in 2025.
  • Management maintains a disciplined outlook focused on optimizing the balance sheet, loan repricing, and deposit mix to navigate funding cost pressures, while capital ratios remain above regulatory well-capitalized thresholds.
Company
BROADWAY FINANCIAL CORP
Sector
Financial Services
Industry
Banks - Regional