Broadway Financial (BYFC, Financial) experienced a significant drop in stock price, declining by 5.90%, now trading at $6.06 per share with a trading volume of 6,013 shares and a turnover rate of 0.07%. The stock's amplitude stood at 4.74%.
Recent financial reports indicate that Broadway Financial posted a revenue of $15.76 million, a net profit of $263,000, and an earnings per share (EPS) of $0.03. The company’s price-to-earnings ratio is 20.25. There are currently no institutional ratings suggesting to buy, hold, or sell the stock.
The broader banking sector, which includes Broadway Financial, saw an overall decline of 0.70%. Notable gainers in the sector included Finwise Financial, First National Corporation, and First Us Bancshares. More active stocks included Eagle Bancshares, Finwise Financial, and Blue Ridge Bankshares, with turnover rates of 1.93%, 1.14%, and 0.99%, respectively. Stocks with significant amplitude included Finwise Financial, Shf Holdings, and Patriot National Bancorp, with amplitudes of 56.80%, 13.88%, and 12.11%, respectively.
Broadway Financial, a savings and loan holding company in the financial services sector, operates in the U.S., accepting deposits from the public and offering residential and commercial real estate mortgage loans. The company’s deposit products include savings accounts, checking accounts, negotiable order of withdrawal (NOW) accounts, money market accounts, and certificate of deposits. Its revenue is primarily derived from interest on loans and investments.
