Broadway Financial (NASDAQ:BYFC) Releases Earnings Results

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

Broadway Financial Stock Performance

Shares of Broadway Financial stock traded up $0.37 during trading on Monday, hitting $8.24. 1,843 shares of the company’s stock were exchanged, compared to its average volume of 7,675. Broadway Financial has a 52-week low of $4.41 and a 52-week high of $9.46. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.14 and a current ratio of 1.38. The stock has a market capitalization of $75.07 million, a price-to-earnings ratio of 28.54 and a beta of 0.72. The business has a 50-day simple moving average of $7.28 and a 200-day simple moving average of $6.64.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Broadway Financial in a research note on Sunday. They set a “sell” rating on the stock.

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.