Broadway Financial
Market Cap
US$45.2m
Last Updated
2019/10/17 23:32 UTC
Data Sources
Company Financials
Executive Summary
Broadway Financial Corporation operates as the holding company for Broadway Federal Bank, f.s.b.
Snowflake
Fundamentals
Flawless balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Broadway Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0%
BYFC
1.9%
US Mortgage
1.8%
US Market
1 Year Return
37.2%
BYFC
14.2%
US Mortgage
7.3%
US Market
Return vs Industry: BYFC exceeded the US Mortgage industry which returned 14.2% over the past year.
Return vs Market: BYFC exceeded the US Market which returned 7.3% over the past year.
Shareholder returns
| BYFC | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 1.9% | 1.8% |
| 30 Day | 0.6% | 0.5% | -0.7% |
| 90 Day | -12.6% | 3.7% | 0.06% |
| 1 Year | 37.2%37.2% | 16.7%14.2% | 9.7%7.3% |
| 3 Year | 4.4%4.4% | 40.6%31.1% | 46.3%36.9% |
| 5 Year | 15.3%15.3% | 71.8%53.7% | 64.5%46.5% |
Price Volatility Vs. Market
How volatile is Broadway Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 hours ago | Simply Wall St
What Kind Of Shareholder Owns Most Broadway Financial Corporation (NASDAQ:BYFC) Stock?3 weeks ago | Simply Wall St
How Does Broadway Financial Corporation (NASDAQ:BYFC) Affect Your Portfolio Volatility?1 month ago | Simply Wall St
Does Broadway Financial Corporation's (NASDAQ:BYFC) CEO Pay Compare Well With Peers?Valuation
Is Broadway Financial undervalued compared to its fair value and its price relative to the market?
38.16x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: BYFC ($1.66) is trading above our estimate of fair value ($0.22)
Significantly Undervalued: BYFC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BYFC is poor value based on its PE Ratio (38.2x) compared to the Mortgage industry average (14.5x).
PE vs Market: BYFC is poor value based on its PE Ratio (38.2x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
Low 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 (0.9x) compared to the US Mortgage industry average (1.1x).
Next Steps
Future Growth
How is Broadway Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
22.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BYFC's forecast earnings growth (22.2% per year) is above the savings rate (2.7%).
Earnings vs Market: BYFC's earnings (22.2% per year) are forecast to grow faster than the US market (14.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if BYFC's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if BYFC's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if BYFC's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has Broadway Financial performed over the past 5 years?
-20.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: BYFC's earnings have declined by -20% 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 (31.3%).
Return on Equity
High ROE: BYFC's Return on Equity (2.4%) is considered low.
Return on Assets
ROA vs Industry: BYFC's Return on Assets is below or equal to the Mortgage industry average last year.
Return on Capital Employed
ROCE Improving: Insufficient data to calculate BYFC's Return on Capital Employed to determine if it has improved over the past 3 years.
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Financial Health
How is Broadway Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: BYFC has a low level of unsold assets or inventory.
Debt Coverage by Assets: BYFC's debt is not covered by short term assets (assets are 0.6x debt).
Financial Institutions Analysis
Asset Level: BYFC's level of assets compared to its equity is low.
Allowance for Bad Loans: BYFC has a sufficient allowance for bad loans.
Low Risk Liabilities: BYFC's liabilities are made up of primarily low risk sources of funding.
Loan Level: BYFC has an acceptable proportion of non-loan assets held.
Low Risk Deposits: BYFC's loans are broadly funded by customer deposits.
Level of Bad Loans: BYFC has an appropriate level of bad loans (0.2%)
Next Steps
Dividend
What is Broadway Financial's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate BYFC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate BYFC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
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
Dividend 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.
Next Steps
Management
What is the CEO of Broadway Financial's salary, the management and board of directors tenure and is there insider trading?
6.8yrs
Average management tenure
CEO
Wayne-Kent Bradshaw (72yo)
7.8yrs
Tenure
US$746,587
Compensation
Mr. Wayne-Kent A. Bradshaw is the President and Chief Executive Officer of Broadway Financial Corporation (the “Company”) and Broadway Federal Bank, F.S.B. (the “Bank”). Mr. Bradshaw joined the Company in ...
CEO Compensation Analysis
Compensation vs. Market: Wayne-Kent's total compensation ($USD746.59K) is about average for companies of similar size in the US market ($USD491.38K).
Compensation vs Earnings: Wayne-Kent's compensation has been consistent with company performance over the past year.
Management Age and Tenure
6.8yrs
Average Tenure
68yo
Average Age
Experienced Management: BYFC's management team is seasoned and experienced (6.8 years average tenure).
Board Age and Tenure
7.1yrs
Average Tenure
72yo
Average Age
Experienced Board: BYFC's board of directors are considered experienced (7.1 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Wayne-Kent Bradshaw (72yo)
President
- Tenure: 7.8yrs
- Compensation: US$746.59k
Mildred Cayton
First VP & Controller
- Tenure: 0yrs
Sandy Bellefeuille (66yo)
Executive VP & Chief Loan Officer of Broadway Federal Bank FSB
- Tenure: 7.3yrs
- Compensation: US$294.71k
Brenda Battey (61yo)
Executive VP & CFO
- Tenure: 6.3yrs
- Compensation: US$267.59k
Ruth McCloud (70yo)
Executive VP & Chief Retail Banking Officer of Broadway Federal Bank FSB
- Tenure: 5.3yrs
- Compensation: US$228.30k
Alice Wong
VP & Corporate Secretary
- Tenure: 0yrs
Board Members
Robert Davidson (73yo)
Director
- Tenure: 16.8yrs
- Compensation: US$40.02k
Wayne-Kent Bradshaw (72yo)
President
- Tenure: 7.8yrs
- Compensation: US$746.59k
Virgil Roberts (72yo)
Chairman of the Board
- Tenure: 7.1yrs
- Compensation: US$41.50k
Dan Medina (61yo)
Director
- Tenure: 22.8yrs
- Compensation: US$33.50k
Dutch Ross (72yo)
Director
- Tenure: 3.7yrs
- Compensation: US$33.50k
Jack Thompson (47yo)
Director
- Tenure: 0.8yrs
Erin Selleck (62yo)
Director
- Tenure: 4.4yrs
- Compensation: US$33.50k
Company Information
Broadway Financial Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Broadway Financial Corporation
- Ticker: BYFC
- Exchange: NasdaqCM
- Founded: 1946
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$45.223m
- Shares outstanding: 27.24m
- Website: https://www.broadwayfederalbank.com
Number of Employees
Location
- Broadway Financial Corporation
- 5055 Wilshire Boulevard
- Suite 500
- Los Angeles
- California
- 90036
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BYFC | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Jan 1996 |
Biography
Broadway Financial Corporation operates as the holding company for Broadway Federal Bank, f.s.b. that engages in the savings and loan business in the United States. The company offers various deposit accou ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/17 23:32 |
| End of Day Share Price | 2019/10/17 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.