BYFC Stock Overview
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 Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$1.47|
|52 Week High||US$4.28|
|52 Week Low||US$1.25|
|1 Month Change||-6.96%|
|3 Month Change||-15.03%|
|1 Year Change||-30.99%|
|3 Year Change||5.76%|
|5 Year Change||-25.00%|
|Change since IPO||-69.40%|
Recent News & Updates
|BYFC||US Mortgage||US Market|
Return vs Industry: BYFC matched the US Mortgage industry which returned -30.2% over the past year.
Return vs Market: BYFC underperformed the US Market which returned -8.1% over the past year.
|BYFC Average Weekly Movement||7.1%|
|Mortgage Industry Average Movement||4.0%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||17.0%|
|10% least volatile stocks in US Market||3.0%|
Stable Share Price: BYFC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: BYFC's weekly volatility (7%) has been stable over the past year.
About the Company
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, NOW accounts, money market accounts, and fixed-term certificates of deposit. The company also offers mortgage loans, which are secured by multi-family residential properties; single family residential properties; and commercial real estate, including charter schools, community facilities, and churches, as well as commercial business, construction, and consumer loans.
Broadway Financial Fundamentals Summary
|BYFC fundamental statistics|
Is BYFC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BYFC income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.0054|
|Net Profit Margin||1.39%|
How did BYFC perform over the long term?See historical performance and comparison
Is Broadway Financial undervalued compared to its fair value and its price relative to the market?
Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BYFC's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate BYFC's fair value for valuation analysis.
Price To Earnings Ratio
PE vs Industry: BYFC is poor value based on its PE Ratio (269.7x) compared to the US Mortgage industry average (12.3x).
PE vs Market: BYFC is poor value based on its PE Ratio (269.7x) compared to the US market (16x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BYFC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BYFC is good value based on its PB Ratio (0.8x) compared to the US Mortgage industry average (1x).
How is Broadway Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Broadway Financial has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Broadway Financial performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BYFC has a large one-off gain of $5.4M impacting its March 31 2022 financial results.
Growing Profit Margin: BYFC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BYFC's earnings have declined by 76.4% per year over the past 5 years.
Accelerating Growth: BYFC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BYFC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Mortgage industry (7.1%).
Return on Equity
High ROE: BYFC's Return on Equity (0.4%) is considered low.
How is Broadway Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: BYFC's Assets to Equity ratio (8.3x) is low.
Allowance for Bad Loans: BYFC has a sufficient allowance for bad loans (542%).
Low Risk Liabilities: 84% of BYFC's liabilities are made up of primarily low risk sources of funding.
Loan Level: BYFC has an appropriate level of Loans to Assets ratio (58%).
Low Risk Deposits: BYFC's Loans to Deposits ratio (78%) is appropriate.
Level of Bad Loans: BYFC has an appropriate level of bad loans (0.1%).
What is Broadway Financial current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BYFC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BYFC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BYFC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BYFC's dividend payments have been increasing.
Current Payout to Shareholders
Earnings Coverage: BYFC is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BYFC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brian Argrett (57 yo)
Mr. Brian E. Argrett, J.D., serves as President and CEO at City First Bank, National Association since November 1, 2011 and serves as its Vice Chairman of the Board and its Director 2011. He is Vice Chairm...
CEO Compensation Analysis
Compensation vs Market: Brian's total compensation ($USD912.04K) is about average for companies of similar size in the US market ($USD771.97K).
Compensation vs Earnings: Insufficient data to compare Brian's compensation with company performance.
Experienced Management: BYFC's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Experienced Board: BYFC's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Broadway Financial Corporation's employee growth, exchange listings and data sources
- Name: Broadway Financial Corporation
- Ticker: BYFC
- Exchange: NasdaqCM
- Founded: 1946
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Implied Market Cap: US$113.007m
- Shares outstanding: 72.44m
- Website: https://www.cityfirstbank.com
Number of Employees
- Broadway Financial Corporation
- 4601 Wilshire Boulevard
- Suite 150
- Los Angeles
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/18 00:00|
|End of Day Share Price||2022/05/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.