Broadway Financial (NASDAQ:BYFC) Announces Earnings Results

Broadway Financial (NASDAQ:BYFC) released its quarterly earnings data on Monday. The savings and loans company reported $0.06 earnings per share for the quarter, Zacks reports. Broadway Financial had a net margin of 5.01% and a return on equity of 2.43%.

Broadway Financial Trading Down 4.5 %

Shares of NASDAQ:BYFC opened at $7.92 on Wednesday. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.38 and a quick ratio of 0.14. The business’s 50 day moving average price is $7.32 and its 200-day moving average price is $6.69. The firm has a market capitalization of $72.16 million, a price-to-earnings ratio of 27.31 and a beta of 0.72. Broadway Financial has a 1 year low of $4.41 and a 1 year high of $9.46.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Broadway Financial in a report on Sunday. They issued a “sell” rating for the company.

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.