-+ 0.00%
-+ 0.00%
-+ 0.00%
Broadway Financial returns to profit in Q1 FY26; net interest income rises 12.5% to $9.1 million
Share
Listen to the news
Broadway Financial returns to profit in Q1 FY26; net interest income rises 12.5% to $9.1 million
  • Broadway Financial Corporation returned to profit in first-quarter 2026, posting net income attributable to common stockholders of $409,000, or $0.05 per diluted share, versus a net loss of $3.4 million, or ($0.39) per diluted share, a year earlier.
  • Net interest income rose 12.5% to $9.1 million from a year earlier, while net interest margin widened 12 basis points to 2.75%.
  • Provision for credit losses fell to $200,000 from $1.9 million a year earlier, while allowance for credit losses edged up to $9.5 million at March 31, 2026 from $9.4 million at year-end.
  • Total assets increased $80.5 million to $1.38 billion from Dec. 31, 2025, while deposits climbed $155.5 million to $1.1 billion on higher savings balances tied to participation in an online marketplace for high-yield savings and CD accounts.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Broadway Financial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-021646), on May 15, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending