Broadway Financial Stock Today

BYFC Stock  USD 7.96  0.97  10.86%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 7

 
High
 
Low
Low
Broadway Financial is trading at 7.96 as of the 19th of January 2025, a 10.86% down since the beginning of the trading day. The stock's open price was 8.93. Broadway Financial has only a 7 % chance of going through financial distress over the next few years but had a somewhat modest performance during the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 19th of January 2025. Click here to learn more.
Business Domain
Banks
IPO Date
9th of January 1996
Category
Financial Services
Classification
Financials
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. Broadway Financial Corporation was founded in 1946 and is headquartered in Los Angeles, California. The company has 6.01 M outstanding shares of which 5.54 K shares are currently shorted by private and institutional investors with about 0.62 trading days to cover. More on Broadway Financial

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Broadway Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President ChairBrian Argrett
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.04030.0283
Significantly Up
Slightly volatile
Total Current Liabilities14 M14.8 M
Notably Down
Pretty Stable
Non Current Liabilities Total1.3 B1.2 B
Sufficiently Up
Slightly volatile
Total Assets1.7 B1.6 B
Sufficiently Up
Slightly volatile
Total Current Assets127 M121 M
Sufficiently Up
Slightly volatile
Debt Levels
Broadway Financial can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Broadway Financial's financial leverage. It provides some insight into what part of Broadway Financial's total assets is financed by creditors.
Liquidity
Broadway Financial currently holds 323.32 M in liabilities with Debt to Equity (D/E) ratio of 7.73, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about Broadway Financial's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

8.92 Million
Broadway Financial (BYFC) is traded on NASDAQ Exchange in USA. It is located in 4601 Wilshire Boulevard, Los Angeles, CA, United States, 90010 and employs 98 people. Broadway Financial is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 63.51 M. Broadway Financial conducts business under Banks sector and is part of Financials industry. The entity has 6.01 M outstanding shares of which 5.54 K shares are currently shorted by private and institutional investors with about 0.62 trading days to cover. Broadway Financial currently holds about 280.14 M in cash with 7.59 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.7.
Check Broadway Financial Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Broadway Financial is $63.51 Million. Broadway Financial retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Broadway Ownership Details

Broadway Stock Institutional Holders

InstituionRecorded OnShares
Royal Bank Of Canada2024-09-30
8.5 K
Advisor Group Holdings, Inc.2024-09-30
K
Tower Research Capital Llc2024-09-30
796
Morgan Stanley - Brokerage Accounts2024-09-30
32.0
Group One Trading, Lp2024-09-30
12.0
Ubs Group Ag2024-09-30
3.0
Goldman Sachs Group Inc2024-09-30
0.0
Susquehanna International Group, Llp2024-09-30
0.0
Wells Fargo & Co2024-06-30
0.0
Vanguard Group Inc2024-09-30
346 K
Bank Of America Corp2024-09-30
266.5 K
View Broadway Financial Diagnostics

Broadway Financial Historical Income Statement

At present, Broadway Financial's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 19.2 M, whereas Selling And Marketing Expenses is forecasted to decline to about 140.5 K. View More Fundamentals

Broadway Stock Against Markets

Broadway Financial Corporate Management

Ruth McCloudChief Retail Banking Officer, Sr. VP, Chief Retail Banking Officer of Broadway Federal Bank, F.S.B. and Sr. VP of Broadway Federal Bank, F.S.B.Profile
Elizabeth SurGeneral VPProfile
Elise AdamsChief VPProfile
LaShanya WashingtonExecutive OfficerProfile
Mildred CaytonFirst ControllerProfile
When determining whether Broadway Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Broadway Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Broadway Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Broadway Financial Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadway Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade Broadway Stock refer to our How to Trade Broadway Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Broadway Financial. If investors know Broadway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Broadway Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.09
Earnings Share
0.28
Revenue Per Share
3.814
Quarterly Revenue Growth
0.175
Return On Assets
0.0025
The market value of Broadway Financial is measured differently than its book value, which is the value of Broadway that is recorded on the company's balance sheet. Investors also form their own opinion of Broadway Financial's value that differs from its market value or its book value, called intrinsic value, which is Broadway Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Broadway Financial's market value can be influenced by many factors that don't directly affect Broadway Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Broadway Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadway Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadway Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.