Broadway Financial Corp (BYFC)

CORRECTING and REPLACING Broadway Financial Corporation Announces Results of Operations for First Quarter 2026May 15, 2026 3:30 PM
Business Wire Please replace the release dated April 28, 2026 with the following revised version which corrects an error in the calculation of interest on loans in the results of operations. The updated release reads: BROADWAY FINANCIAL CORPORATION ANNOUNCES RESULTS OF OPERATIONS FOR FIRST QUARTER 2026 Broadway Financial Corporation (“Broadway”, “we”, or the “Company”) (NASDAQ: BYFC), parent company of City First Bank, National Association (the “Bank”, and collectively, with the Company, “City First Broadway”), is announcing revised results of operations for the first quarter of 2026, which correct an error in the calculation of interest on loans in the results of operations reported in the Company’s press release dated April 28, 2026 and are consistent with the financial information reported in the Company’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 15, 2026. The Company reported consolidated net income before preferred dividends of $1.2 million, or $0.13 per diluted share, for the first quarter of 2026, compared to consolidated net loss before preferred dividends of $2.7 million, or ($0.31) per diluted share, for the first quarter of 2025 representing improvement of $3.9 million. Net income attributable to common stockholders was $409 thousand during the first quarter of 2026 after deducting preferred dividends of $750 thousand, compared to net loss attributable to common stockholders of $3.4 million for the first quarter of 2025 after deducting preferred dividends of $750 thousand. Diluted income per common share was $0.05 for the first quarter of 2026, compared to ($0.39) of loss per diluted common share for the first quarter of 2025. Diluted income per common share for both the first quarter of 2026 and the first quarter of 2025 reflects preferred dividends of $0.09 per diluted common share. First Quarter 2026 Highlights: Total loans increased 4.2%, or $42.7 million, during the first quarter of 2026 compared to December 31, 2025 Total deposits increased by $155.5 million, or 16.9%, during the first quarter of 2026 compared to December 31, 2025 The net interest margin increased by 12 basis points to 2.75% for the first quarter of 2026, compared to 2.63% for the first quarter of 2025 Borrowings were $0 at March 31, 2026 compared to $72.0 million at December 31, 2025, a reduction of $72.0 million, or 100% Capital ratios remain strong with a Community Bank Leverage Ratio of 14.06% at March 31, 2026 compared to 14.09% at December 31, 2025 Credit quality remains strong with non-accrual loans to total loans at 1.07% and non-performing loans to total assets at 0.80% Chief Executive Officer, Brian Argrett commented, “We are very pleased with our strong first quarter of 2026 results and continue to build on this positive momentum. Net income after preferred dividends increased to $409 thousand compared to the quarter ended December 31, 2025, mainly driven by a 3.7% increase in net interest income from the prior quarter. “Loans grew by $42.7 million, or 4.2%, and deposits increased by $155.5 million, or 16.9%, since December 31, 2025, reflecting continued customer growth and deposit inflows. During the quarter, we further strengthened the balance sheet by eliminating $72.0 million in borrowings, which reduced our cost of funds and contributed to a 13-basis-point improvement in the net interest margin to 2.75% compared to the prior quarter. “We remain focused on building long-term relationships, maintaining a strong and flexible balance sheet while executing our mission-driven objectives. These priorities allow us to support our customers, local businesses, and low-to-moderate income communities while working to deliver sustainable, long-term performance. “As always, I thank our employees for their endless dedication and our stockholders, depositors, and Board of Directors for their ongoing support of our strategy and mission. Their commitment is essential to our efforts to enhance efficiency and drive disciplined growth.” Income Statement Net Interest Income totaled $9.1 million, representing an increase of $1.0 million, or 12.5%, from net interest income of $8.0 million for the first quarter of 2025. The increase resulted from a $1.4 million increase in interest income, due to a $1.4 million increase in interest income on available-for-sale securities due to an increase in the average balance of available-for-sale securities and the average rate earned on available-for-sale securities. Further, interest expense on borrowings decreased $1.4 million due to a decrease in the average balance of borrowings. These increases in net interest income were offset by a $1.8 million increase in interest expense on deposits due an increase in the average balance of deposits and the average rate paid on deposits. The net interest margin increased to 2.75% for the first quarter of 2026 from 2.63% for the first quarter of 2025, due to an increase in the average rate earned on interest-earning assets, which increased to 4.93% for the first quarter of 2026 from 4.84% for the first quarter of 2025, and a decrease in the cost of funds, which decreased to 2.91% for the first quarter of 2026 from 3.06% for the first quarter of 2025. Provision for Credit Losses was $200 thousand for the three months ended March 31, 2026, compared to a provision for credit losses of $1.9 million for the three months ended March 31, 2025. This decrease was largely attributed to a reduction in required reserves on individually evaluated loans, as a specific reserve was recorded on a non-accrual loan during the first quarter of 2025. The allowance for credit losses (“ACL”) increased to $9.5 million as of March 31, 2026, compared to $9.4 million as of December 31, 2025. Credit quality remains strong with non-accrual loans as a percentage of total loans at 1.07% and non-performing assets to total assets of 0.80% despite the increase in non-accrual loans. Non-interest Expense was $8.0 million for the first quarter of 2026, compared to $10.2 million for the first quarter of 2025, representing a decrease of $2.2 million, or 21.4%. The decrease was primarily due to the $1.9 million operational loss incurred in the first quarter of 2025 as well as a $398 thousand decrease in compensation and benefits expense. Income Tax Expense/Benefit was income tax expense of $282 thousand for the first quarter of 2026 compared to income tax benefit of $1.1 million for the first quarter of 2025. The increase in tax expense reflected an increase of $5.2 million in pre-tax income between the two periods. The effective tax rate was 19.76% for the first quarter of 2026, compared to 28.75% for the first quarter of 2025. Balance Sheet Total Assets increased by $80.5 million at March 31, 2026, compared to December 31, 2025, reflecting increases in net loans of $42.7 million, securities available-for-sale of $27.3 million and cash and cash equivalents of $16.1 million. The increases in net loans and securities available-for-sale were mainly due to purchases of loans and securities available-for-sale. Loans Held for Investment, Net of the ACL, increased by $42.7 million to $1.1 billion at March 31, 2026, compared to $1.0 billion at December 31, 2025. The increase was primarily due to loan purchases. Deposits increased by $155.5 million, or 16.9%, to $1.1 billion at March 31, 2026, from $917.6 million at December 31, 2025. The increase in deposits was attributable to increases of $198.1 million in savings deposits and $11.1 million in certificates of deposit accounts, partially offset by decreases of $48.5 million in liquid deposits (demand, interest checking, and money market accounts), $4.8 million in Insured Cash Sweep (“ICS”) deposits (ICS deposits are the Bank’s money market deposit accounts in excess of FDIC insured limits whereby the Bank makes reciprocal arrangements for insurance with other banks), and $319 thousand in Certificate of Deposit Registry Service (“CDARS”) deposits (CDARS deposits are similar to ICS deposits, but involve certificates of deposit, instead of money market accounts). As of March 31, 2026, our uninsured deposits, including deposits from City First Bank and other affiliates, represented 46% of our total deposits, compared to 41% as of December 31, 2025. We leverage our long-standing partnership with IntraFi Deposit Solutions to offer deposit insurance for accounts exceeding the FDIC deposit insurance limit of $250,000. Total Borrowings decreased by $72.0 million to $0 at March 31, 2026, from $72.0 million at December 31, 2025, due to paying down FHLB advances. Asset Quality Allowance for Credit Losses was 0.89% of total loans held for investment at March 31, 2026, compared to 0.92% at December 31, 2025. Nonperforming Assets were $11.5 million at March 31, 2026, compared to $11.2 million at December 31, 2025. Capital Stockholders’ equity was $262.5 million, or 18.4% of the Company’s total assets, at March 31, 2026, compared to $262.8 million, or 19.5% of the Company’s total assets, at December 31, 2025. Book Value per Share was $12.10 at March 31, 2026, compared to $12.28 at December 31, 2025. Capital ratios remain strong with a Community Bank Leverage Ratio of 14.06% at March 31, 2026 compared to 14.09% at December 31,2025. About Broadway Financial Corporation Broadway Financial Corporation operates through its wholly-owned banking subsidiary, City First Bank, National Association, which is a leading mission-driven bank that serves low-to-moderate income communities within urban areas in Southern California and the Washington, D.C. market. City First Bank offers a variety of commercial loan products, services, and depository accounts that support investments in affordable housing, small businesses, and nonprofit community facilities located within low-to-moderate income neighborhoods. City First Bank is a Community Development Financial Institution, Minority Depository Institution, Certified B Corp, and a member of the Global Alliance of Banking on Values. The Bank and the City First network of nonprofits, City First Enterprises, Homes By CFE, and City First Foundation, represent the City First branded family of community development financial institutions, which offer a robust lending and deposit platform. Cautionary Statement Regarding Forward-Looking Information This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations or financial condition, business strategy and plans and objectives of management for future operations and capital allocation and structure, are forward-looking statements. Forward-looking statements typically include the words “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” “poised,” “optimistic,” “prospects,” “ability,” “looking,” “forward,” “invest,” “grow,” “improve,” “deliver” and similar expressions, but the absence of such words or expressions does not mean a statement is not forward-looking. These forward-looking statements are subject to risks and uncertainties, including those identified below, which could cause actual future results to differ materially from historical results or from those anticipated or implied by such statements. The following factors, among others, could cause future results to differ materially from historical results or from those indicated by forward-looking statements included in this press release: (1) the level of demand for mortgage and commercial loans, which is affected by such external factors as general economic conditions, market interest rate levels, tax laws, and the demographics of our lending markets; (2) the direction and magnitude of changes in interest rates and the relationship between market interest rates and the yield on our interest-earning assets and the cost of our interest-bearing liabilities; (3) the rate and amount of credit losses incurred and projected to be incurred by us, increases in the amounts of our nonperforming assets, the level of our loss reserves and management’s judgments regarding the collectability of loans; (4) changes in the regulation of lending and deposit operations or other regulatory actions, whether industry-wide or focused on our operations, including increases in capital requirements or directives to increase allowances for credit losses or make other changes in our business operations; (5) legislative or regulatory changes, including those that may be implemented by the current administration in Washington, D.C. and the Federal Reserve Board; (6) possible adverse rulings, judgments, settlements and other outcomes of litigation; (7) actions undertaken by both current and potential new competitors; (8) the possibility of adverse trends in property values or economic trends in the residential and commercial real estate markets in which we compete; (9) the effect of changes in general economic conditions; (10) the effect of geopolitical uncertainties; (11) the impact of health crises on our future financial condition and operations; (12) the impact of any volatility in the banking sector due to the failure of certain banks due to high levels of exposure to liquidity risk, interest rate risk, uninsured deposits and cryptocurrency risk; (13) the loss of our CDFI certification could potentially limit our grant income awards; and (14) other risks and uncertainties. All such factors are difficult to predict and are beyond our control. Additional factors that could cause results to differ materially from those described above can be found in our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K or other filings made with the SEC and are available on our website at http://www.cityfirstbank.com and on the SEC’s website at http://www.sec.gov. Forward-looking statements in this press release speak only as of the date they are made, and we undertake no obligation, and do not intend, to update these forward-looking statements to reflect events or circumstances occurring after the date of this press release, except to the extent required by law. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The following table sets forth the consolidated statements of financial condition as of March 31, 2026 and December 31, 2025. BROADWAY FINANCIAL CORPORATION Consolidated Statements of Financial Condition (In thousands, except share and per share amounts) March 31, 2026 December 31, 2025 (Unaudited) Assets: Cash and due from banks $ 1,748   $ 1,676   Interest-bearing deposits in other banks   24,858     8,831   Cash and cash equivalents   26,606     10,507   Securities available-for-sale, at fair value (amortized cost of $294,145 and $265,371)   284,103     256,835   Loans receivable held for investment, net of allowance of $9,509 and $9,424   1,059,262     1,016,540   Accrued interest receivable   6,676     5,999   Federal Home Loan Bank (FHLB) stock   999     4,417   Federal Reserve Bank (FRB) stock   3,543     3,543   Office properties and equipment, net   8,657     8,732   Bank owned life insurance   23,918     23,663   Deferred tax assets, net   6,781     6,711   Core deposit intangible, net   1,384     1,460   Other assets   4,136     7,162   Total assets $ 1,426,065   $ 1,345,569   Liabilities and equity Liabilities: Deposits $ 1,073,056   $ 917,603   Securities sold under agreements to repurchase   81,249     80,773   Borrowings   -     72,000   Accrued expenses and other liabilities   9,088     12,236   Total liabilities   1,163,393     1,082,612   Equity: Non-Cumulative Redeemable Perpetual Preferred stock, Series C; authorized 150,000 shares at March 31, 2026 and December 31, 2025; issued and outstanding 150,000 shares at March 31, 2026 and December 31, 2025; liquidation value $1,000 per share 150,000 150,000 Common stock, Class A, $0.01 par value, voting; authorized 75,000,000 shares at March 31, 2026 and December 31, 2025; issued 6,528,211 shares at March 31, 2026 and 6,409,760 shares at December 31, 2025; outstanding 6,200,983 shares at March 31, 2026 and 6,082,532 shares at December 31, 2025   65 64     Common stock, Class B, $0.01 par value, non-voting; authorized 15,000,000 shares at March 31, 2026 and December 31, 2025; issued and outstanding 1,425,404 shares at March 31, 2026 and December 31, 2025 14   14 Common stock, Class C, $0.01 par value, non-voting; authorized 25,000,000 shares at March 31, 2026 and December 31, 2025; issued and outstanding 1,672,562 at March 31, 2026 and December 31, 2025 17 17 Additional paid-in capital   143,520     143,194   Accumulated deficit   (14,829 )   (15,238 ) Unearned Employee Stock Ownership Plan (ESOP) shares   (3,806 )   (3,869 ) Accumulated other comprehensive loss, net of tax   (7,175 )   (6,105 ) Treasury stock-at cost, 327,228 shares at March 31, 2026 and at December 31, 2025   (5,326 )   (5,326 ) Total Broadway Financial Corporation and Subsidiary equity   262,480     262,751   Non-controlling interest   192     206   Total liabilities and equity $ 1,426,065   $ 1,345,569     The following table sets forth the consolidated statements of operations for the three months ended March 31, 2026 and 2025. BROADWAY FINANCIAL CORPORATION Consolidated Statements of Operations (In thousands, except share and per share amounts) (Unaudited)   Three Months Ended March 31,   2026     2025       Interest income: Interest and fees on loans receivable $ 13,287   $ 13,117   Interest on available-for-sale securities   2,613     1,208   Other interest income   309     476   Total interest income   16,209     14,801     Interest expense: Interest on deposits   5,990     4,199   Interest on borrowings   1,166     2,557   Total interest expense   7,156     6,756     Net interest income   9,053     8,045   Provision for credit losses   200     1,914   Net interest income after provision for credit losses   8,853     6,131     Non-interest income: Service charges   44     43   Grants   107     25   Other   438     220   Total non-interest income   589     288     Non-interest expense: Compensation and benefits   4,886     5,284   Occupancy expense   508     540   Information services   940     706   Professional services   586     700   Advertising and promotional expense   124     46   Supervisory costs   185     193   Corporate insurance   55     67   Amortization of core deposit intangible   76     79   Operational loss   -     1,943   Other expense   655     639   Total non-interest expense   8,015     10,197     Income (loss) before income taxes   1,427     (3,778 ) Income tax expense (benefit)   282     (1,086 ) Net income (loss) $ 1,145   $ (2,692 ) Less: Net (loss) income attributable to non-controlling interest   (14 )   (3 ) Net income (loss) attributable to Broadway Financial Corporation $ 1,159   $ (2,689 ) Less: Preferred stock dividends   750     750     Net income (loss) attributable to common stockholders $ 409   $ (3,439 )   Earnings (loss) per common share-basic $ 0.05   $ (0.39 ) Earnings (loss) per common share-diluted $ 0.05   $ (0.39 )   The following table sets forth the average balances, average yields and costs for the periods indicated. All average balances are daily average balances. The yields set forth below include the effect of deferred loan fees, and discounts and premiums that are amortized or accreted to interest income or expense. For the Three Months Ended   March 31, 2026     March 31, 2025   (Dollars in thousands) (Unaudited)   Average
Balance Interest Average
Yield Average
Balance Interest Average
Yield Assets             Interest-earning assets: Interest-earning deposits $ 22,560 $ 201 3.61 % $ 28,958 $ 312 4.37 % Securities 265,415 2,613 3.99 % 196,463 1,208 2.49 % Loans receivable (1) 1,039,076 13,287 5.19 % 1,003,730 13,117 5.30 % FRB and FHLB stock (2) 6,642 108 6.59 % 11,188 164 5.94 % Total interest-earning assets 1,333,693 $ 16,209 4.93 % 1,240,339 $ 14,801 4.84 % Non-interest-earning assets 42,377 50,173 Total assets $ 1,376,070 $ 1,290,512   Liabilities and Equity Interest-bearing liabilities: Money market deposits $ 191,248 $ 1,047 2.22 % $ 119,101 $ 257 0.88 % Savings deposits 102,463 631 2.50 % 48,712 68 0.57 % Interest checking and other demand deposits 264,446 1,619 2.48 % 255,647 1,911 3.03 % Certificate accounts 313,330 2,693 3.49 % 224,317 1,963 3.55 % Total deposits 871,487 5,990 2.79 % 647,777 4,199 2.63 % Borrowings 44,072 421 3.87 % 149,135 1,529 4.16 % Other borrowings 82,359 745 3.67 % 98,525 1,028 4.23 % Total borrowings 126,431 1,166 3.74 % 247,660 2,557 4.19 % Total interest-bearing liabilities 997,918 $ 7,156 2.91 % 895,437 $ 6,756 3.06 % Non-interest-bearing liabilities 113,688 108,638 Equity 264,464 286,437 Total liabilities and equity $ 1,376,070 $ 1,290,512   Net interest rate spread (3) $ 9,053 2.02 % $ 8,045 1.78 % Net interest rate margin (4) 2.75 % 2.63 % Ratio of interest-earning assets to interest-bearing liabilities 133.65 % 138.52 %         (1) Amount includes non-accrual loans.         (2) FHLB is Federal Home Loan Bank.         (3) Net interest rate spread represents the difference between the yield on average interest-earning assets and the cost of average interest-bearing liabilities.         (4) Net interest rate margin represents net interest income as a percentage of average interest-earning assets.           The following table sets forth selected financial data and ratios for the quarters noted below. BROADWAY FINANCIAL CORPORATION AND SUBSIDIARY Selected Financial Data and Ratios (Unaudited) (Dollars in thousands, except per share data)   Three Months Ended   March 31,
2026 December 31,
2025   September 30,
2025 June 30,
2025 March 31,
2025   Balance Sheets at Quarter End:   Total gross loans 1,068,771   1,025,964     1,023,483   986,944   1,001,847   Allowance for credit losses 9,509   9,424     10,339   9,880   10,260   Investment securities 284,103   256,835     244,005   177,977   185,938   Total assets 1,426,065   1,345,569     1,335,565   1,247,517   1,258,776   Total deposits 1,073,056   917,603     849,205   798,922   776,543   Total Broadway Financial Corporation and Subsidiary equity 262,480   262,751     261,687   284,679   283,566     Profitability for the Quarter:   Interest income 16,209   16,293     15,791   14,397   14,801   Interest expense 7,156   7,563     7,174   6,642   6,756   Net interest income 9,053   8,730     8,617   7,755   8,045   Provision for (recovery of) credit losses   200   47     679   (454 ) 1,914   Non-interest income 589   687     422   355   288   Non-interest expenses 8,015   7,946     31,518   7,522   10,197   Income (loss) before income taxes   1,427   1,424     (23,158 ) 1,042   (3,778 ) Income tax expense (benefit)   282   392     736   296   (1,086 ) Net income (loss)   1,145   1,032     (23,894 ) 746   (2,692 ) Less: Net (loss) income attributable to non-controlling interest   (14 ) 7     (11 ) (6 ) (3 ) Net income (loss) attributable to Broadway Financial Corporation   1,159   1,025     (23,883 ) 752   (2,689 ) Less: Preferred stock dividends 750   750     750   750   750   Net income (loss) attributable to common stockholders   409   275     (24,633 ) 2   (3,439 )   Financial Performance:   Return on average assets (annualized) 0.12 % 0.08 %   (7.48 )% 0.00 % (1.08 )% Return on average equity (annualized) 0.63 % 0.41 %   (34.12 )% 0.00 % (4.87 )% Net interest margin 2.75 % 2.62 %   2.72 % 2.58 % 2.63 % Efficiency ratio 83.13 % 84.39 %   348.69 % 92.75 % 122.37 %   Per Share Data:   Book value per share 12.10   12.28     12.17   14.65   14.47   Weighted average common shares (basic) 8,597,291   8,639,459     8,617,707   8,622,891   8,547,460   Weighted average common shares (diluted) 8,816,188   8,639,459     8,617,707   8,808,467   8,547,460   Common shares outstanding at end of period 9,298,949   9,180,498     9,180,760   9,195,909   9,231,180     Financial Measures:   Loans to assets 74.95 % 79.25 %   76.63 % 79.11 % 79.59 % Loans to deposits 99.60 % 111.81 %   120.52 % 123.53 % 129.01 % Allowance for credit losses to total loans 0.89 % 0.92 %   1.01 % 1.00 % 1.02 % Allowance for credit losses to total nonperforming loans 82.97 % 84.38 %   76.36 % 182.02 % 201.85 % Non-accrual loans to total loans 1.07 % 1.09 %   1.32 % 0.55 % 0.51 % Nonperforming loans to total assets 0.80 % 0.83 %   1.01 % 0.44 % 0.40 % Net charge-offs (annualized) to average total loans -   0.11 %   -   -   -     Average Balance Sheets:   Total loans 1,039,076   1,050,757     993,090   989,861   1,003,730   Investment securities 265,415   246,662     206,224   182,351   196,463   Total assets 1,376,070   1,361,026     1,306,782   1,252,380   1,290,512   Total interest-bearing deposits 871,487   775,913     746,143   702,262   647,777   Total equity 264,464   263,266     286,458   284,141   286,437     View source version on businesswire.com: https://www.businesswire.com/news/home/20260427649711/en/ Investor Relations
Zack Ibrahim, Chief Financial Officer, (202) 243-7100
Investor.relations@cityfirstbroadway.com Original: CORRECTING and REPLACING Broadway Financial Corporation Announces Results of Operations for First Quarter 2026

PT 1.00

6 million OS now post RS sell off.

Making moves again last few days. Is anyone out there??? We’ve created a community in Vermont like the movie Bird Box… if you can make it here. Knock twice. We will broadcast from this signal at 12pm and 5pm everyday. Hopefully Sandra Bullock hears this. Be safe out there.

Vantage point 3.45 up to 7

$2.62 nice

Byfc https://seekingalpha.com/amp/news/3648760-broadway-financial-rallies-on-regulatory-nod-for-merger-cfbanc?__twitter_impression=true

BYFC

BYFC ... THIS MIGHT GO BONKERS TODAY HOLDING 10,337 4TW

This is gonna explode ... got some 2.42 lets see what happens

Up %60 Guess everyone sold their stocks. no Faith? hmm.

lol

Lol

$BYFC going to run folks!

$BYFC back in something is up here

Dumped this turd today at $1.97 glad to be out. What a POS

Hoping to see this get a boost from tonight's debates as well as Trumps 500m plan announcement tomorrow

Second tsunami koming in now .. binzaiii

....Trumps 500m funding news might push this higher next week.

BREAKING NEWS: $BYFC Trying To Find Penny Stocks To Buy Now? 3 Hitting A Stride This Week

Are These Penny Stocks On your Watch list This Week? This week, several penny stocks have seen short-lived breakouts. While that’s great for day traders, it leaves a bit to be desired for anyone else. If you work a full-time job or have kids to watch over, sticking to your computer or...

Read the whole news BYFC - Trying To Find Penny Stocks To Buy Now? 3 Hitting A Stride This Week

Breaking News: $BYFC Broadway Financial Corporation and CFBanc Corporation to Combine to Create the Largest Black-Led Minority Depository Institution in the U.S.

Community development finance leaders City First Bank of DC and Broadway Federal Bank in Los Angeles expand access to capital in underserved urban areas CFBanc Corporation (“City First”) in Washington, DC and Broadway Financial Corporation (“Broadway,” Nasda...

Got this from BYFC - Broadway Financial Corporation and CFBanc Corporation to Combine to Create the Largest Black-Led Minority Depository Institution in the U.S.

Looking for continuation off merger news. Tomorrow $2.ish?

Undervalued over $1 billion in assets...

Well none of my funds are available in etrade..

Shirt skweezing todey.
Enjuy

I may pick some up just to see if it runs on Friday

I know... I been out

Once again BYFC is a failure. 1.50 now

5million shares trading. AH will be above 2.00

What a pump

2.03. PM.

$BYFC

AH buys are showing $1.80s

If it does it will be the overt continuation of price manipulation based on no sense of fundamentals. Worst bank, worst management new and old, bring on the crane and demo it. I used to speculate but now I know it is a FAILED JOKE.

$2.25 AH! wow, couldn't have bet on that. Hope it keeps the gain till next week.

Never. I thought 5 maybe in this lifetime. Overt fraud mismanagement theft top down not a bad apple BS BYFC bottom play looking for this 100% pops on fluff. Default on TARP.

Were you expecting it to be $100 stock 7 years ago?

No BYFC has no future, been in it 7 years.

Explain?

I am looking for trends. I say August because of the March on Washington will be trending.

You were fortunate to be in this stock and made money off of trending Twitter. A group of investors will rally folks up to buy and they will. It's just a matter of time.

Poor management and bad ownership define the tomfoolery at this bank.

Still trading premarket and After hours. I think this will run again in August

This hasn’t been revoked?

* * $BYFC Video Chart 07-06-2020 * *

Link to Video - click here to watch the technical chart video

over 200K trades in Pre-market!

I said purportedly which carries no link.

Source? Link?

This trades?

Thank you BYFC... made up for my loss today.??????

* * $BYFC Video Chart 07-02-2020 * *

Link to Video - click here to watch the technical chart video

Looks like it is starting to move up in PM. May be a good setup this morning for a nice run!

I've been green all day.