BYFC

MKT CAP:$75M

Broadway Financial Corporation

Market Cap

$75M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$7.93+$0.32 (+4.27%)

Apr 21, 2026

Company Details

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 accoun...

CEO

Brian E. Argrett

IPO Date

Jan 9, 1996

Website

www.cityfirstbank.com

Key Metrics TTM

Revenue

$57M

+222.1% YoY

Net Income

-$22M

EPS (Diluted)

-$2.77

Free Cash Flow

$4M

Revenue / Share

$6.63

Gross Margin

61.5%

Operating Margin

-35.9%

Net Margin

-38.7%

FCF Margin

6.6%

P/S

1.3x

P/E

—

Earnings Reports

Q4 2025

Apr 27, 2026

PENDING

FY 2025

Mar 31, 2026

$63MEPS -$3.23

Q3 2025

Feb 13, 2026

$16MEPS -$2.86

Q1 2025

Jul 24, 2025

$15MEPS -$0.40

FY 2023

May 20, 2024

$53MEPS $0.51

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 18	$4M	$3M	-$181.0K
Q3 18	$4M	$4M	$1M
Q4 18	$4M	$3M	$96.0K
Q1 19	$5M	$3M	$319.0K
Q2 19	$4M	$3M	-$263.0K
Q3 19	$4M	$3M	-$455.0K
Q4 19	$4M	$3M	-$152.0K
Q1 20	$5M	$3M	-$83.0K
Q2 20	$5M	$3M	-$129.0K
Q3 20	$5M	$4M	-$149.0K
Q4 20	$4M	$3M	-$688.0K
Q1 21	$4M	$3M	-$6M
Q2 22	$9M	$9M	$3M
Q4 23	$17M	$11M	$4M
Q1 25	$15M	$6M	-$4M
Q3 25	$16M	$8M	-$23M

Valuation

Quarter	P/S	P/E
Q2 18	3.6x	—
Q3 18	2.3x	263.5x
Q4 18	1.7x	34.3x
Q1 19	2.2x	32.1x
Q2 19	2.2x	32.8x
Q3 19	2.5x	311.0x
Q4 19	2.2x	—
Q1 20	2.1x	—
Q2 20	2.6x	—
Q3 20	2.6x	—
Q4 20	2.8x	—
Q1 21	3.7x	—
Q2 22	3.6x	—
Q4 23	1.7x	146.6x
Q1 25	1.4x	—
Q3 25	1.1x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 18	$6M	$5M
Q3 18	-$17M	-$17M
Q4 18	$12M	$12M
Q1 19	$229.0K	$204.0K
Q2 19	-$10M	-$10M
Q3 19	$19M	$19M
Q4 19	-$7.0K	-$15.0K
Q1 20	-$46M	-$46M
Q2 20	-$3M	-$3M
Q3 20	$9M	$9M
Q4 20	$26M	$26M
Q1 21	-$2M	-$2M
Q2 22	$1M	$933.0K
Q4 23	$4M	$3M
Q1 25	-$4M	-$4M
Q3 25	$4M	$4M

Capital Expenditures

Quarter	CapEx
Q2 18	$32.0K
Q3 18	$28.0K
Q4 18	$6.0K
Q1 19	$25.0K
Q2 19	$2.0K
Q3 19	$10.0K
Q4 19	$8.0K
Q1 20	$139.0K
Q2 20	$189.0K
Q3 20	$173.0K
Q4 20	$86.0K
Q1 21	$15.0K
Q2 22	$516.0K
Q4 23	$94.0K
Q1 25	$15.0K
Q3 25	$106.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 18	-14.7%	+13.8%
Q3 18	-7.9%	-17.1%
Q4 18	-1.2%	+2.6%
Q1 19	+22.1%	+10.3%
Q2 19	+9.8%	+11.4%
Q3 19	+0.4%	+48.6%
Q4 19	+11.2%	+17.9%
Q1 20	+0.4%	+9.5%
Q2 20	+15.2%	+11.2%
Q3 20	+11.1%	+3.6%
Q4 20	-3.3%	+8.6%
Q1 21	-18.2%	+97.1%
Q2 22	+82.2%	+24.6%
Q4 23	+257.6%	+169.9%
Q1 25	+254.4%	+281.5%
Q3 25	+315.7%	+311.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 18	$36.0K	0.9%
Q3 18	$32.0K	0.7%
Q4 18	$26.0K	0.7%
Q1 19	$100.0K	2.1%
Q2 19	$89.0K	2.1%
Q3 19	$92.0K	2.1%
Q4 19	$91.0K	2.1%
Q1 20	$142.0K	3.0%
Q2 20	$114.0K	2.4%
Q3 20	$118.0K	2.5%
Q4 20	$118.0K	2.8%
Q1 21	$236.0K	6.1%
Q2 22	$70.0K	0.8%
Q4 23	$95.0K	0.6%
Q1 25	$317.0K	2.1%
Q3 25	-$309.0K	-1.9%

OpEx Breakdown

Quarter	G&A	S&M
Q2 18	$2M	$87.0K
Q3 18	$2M	$64.0K
Q4 18	$2M	—
Q1 19	$2M	—
Q2 19	$2M	—
Q3 19	$2M	—
Q4 19	$2M	—
Q1 20	$2M	—
Q2 20	$2M	—
Q3 20	$2M	—
Q4 20	$3M	—
Q1 21	$6M	—
Q2 22	$3M	$17.0K
Q4 23	$4M	$30.0K
Q1 25	$5M	$46.0K
Q3 25	$4M	$76.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$246M	$170M	$416M
Q2 22	$280M	$238M	$518M
Q3 22	$52M	$333M	$385M
Q4 22	$16M	$329M	$345M
Q1 23	$30M	$329M	$359M
Q2 23	$11M	$323M	$333M
Q3 23	$11M	$316M	$328M
Q4 23	$105M	$317M	$422M
Q1 24	$67M	$293M	$360M
Q2 24	$90M	$261M	$351M
Q3 24	$97M	$238M	$336M
Q4 24	$61M	$85M	$146M
Q1 25	$16M	$78M	$94M
Q2 25	$30M	$50M	$80M
Q3 25	$20M	$26M	$45M
Q4 25	$11M	$12M	$22M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 18	3M	-0.1%	+0.1%
Q3 18	3M	+0.1%	-0.3%
Q4 18	3M	-0.8%	-0.8%
Q1 19	3M	0.0%	-0.8%
Q2 19	3M	+1.2%	+0.4%
Q3 19	3M	+0.2%	+0.6%
Q4 19	3M	+3.6%	+5.0%
Q1 20	3M	-3.2%	+1.6%
Q2 20	3M	+1.8%	+2.2%
Q3 20	3M	-0.8%	+1.2%
Q4 20	3M	0.0%	-2.3%
Q1 21	6M	+79.0%	+80.7%
Q2 22	9M	+49.8%	+165.9%
Q4 23	9M	-1.2%	+164.9%
Q1 25	9M	-5.2%	+151.2%
Q3 25	9M	+0.8%	+41.5%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 18	$55.9K	68
Q3 18	$63.0K	68
Q4 18	$60.9K	65
Q1 19	$73.1K	65
Q2 19	$64.3K	65
Q3 19	$66.2K	65
Q4 19	$68.8K	64
Q1 20	$74.5K	64
Q2 20	$75.2K	64
Q3 20	$74.7K	64
Q4 20	$66.5K	64
Q1 21	$60.9K	64
Q2 22	$112.3K	78
Q4 23	$174.4K	98
Q1 25	$142.3K	106
Q3 25	$153.0K	106

Revenue / Employee