Broadway Financial Corporation Class A Common Stock (BYFC)

FairStock Score: 40/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am a value investor who prefers banks with consistent earnings, conservative credit, and a discount to book. Broadway Financial is a $104.5M market-cap community bank holding company for City First Bank, with 98 employees and a focus on deposits and mortgage loans. The pattern is troubled: in FY2023, period ended 2023-12-31, net income was $4.3M and diluted EPS $0.49; in FY2024, period ended 2024-12-31, net income was $1.9M and diluted EPS $0.04; then in FY2025, period ended 2025-12-31, net income was a loss of $24.8M and diluted EPS -$3.23. In fiscal Q3 2025, the quarter ended 2025-09-30, the net loss was $23.9M and diluted EPS -$2.86, which explains the negative trailing P/E of -4.28 and ROE of -7.51% that FairStock calculates. More recently, in fiscal Q1 2026, the quarter ended 2026-03-31, net income was $1.2M and diluted EPS $0.05, and in fiscal Q2 2026, the quarter ended 2026-06-30, net income was $968,000 and diluted EPS $0.02. At the 2026-10-13 close of $11.77, FairStock puts P/B at 0.93, so the market values the bank below stated book. That is attractive only if book value is real and the FY2025 loss was not a sign of lasting credit damage. FairStock's Piotroski F-Score is 4/9, its FairStock Score is 40/100, and the Lynch category is TURNAROUND. The low beta of 0.75 helps, but a bank earning negative ROE is not yet a safe bargain. The data lack CET1, net interest margin, nonperforming loans, loan-loss reserves, provisions, and efficiency ratio, so underwriting health cannot be verified. I need proof that the recent profits are durable and capital remains solid.

In plain English: Broadway Financial is a small bank holding company for City First Bank. It takes deposits and makes mortgage and commercial loans. It lost a lot of money in its latest full year but has made small profits in the last two reported quarters, and the stock is priced a bit below the value of its books, so it looks like a risky turnaround rather than a clearly strong or clearly cheap business.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K/A (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer