Broadway Financial (NASDAQ:BYFC) Issues Earnings Results

Broadway Financial (NASDAQ:BYFC) posted its quarterly earnings results 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 %

BYFC opened at $7.92 on Wednesday. The business has a fifty day simple moving average of $7.32 and a 200-day simple moving average of $6.69. Broadway Financial has a 52 week low of $4.41 and a 52 week high of $9.46. The company has a quick ratio of 0.14, a current ratio of 1.38 and a debt-to-equity ratio of 2.26. The firm has a market cap of $72.16 million, a P/E ratio of 27.31 and a beta of 0.72.

Analyst Upgrades and Downgrades

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

Broadway Financial Company Profile

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.