NasdaqCM:BYFC

Stock Analysis Report

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Executive Summary

Broadway Financial Corporation operates as the holding company for Broadway Federal Bank, f.s.b. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.


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

Stable Share Price: BYFC's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

41.5%

BYFC

-6.4%

US Mortgage

-2.4%

US Market


1 Year Return

35.1%

BYFC

-27.0%

US Mortgage

12.0%

US Market

Return vs Industry: BYFC exceeded the US Mortgage industry which returned -27% over the past year.

Return vs Market: BYFC exceeded the US Market which returned 12% over the past year.


Shareholder returns

BYFCIndustryMarket
7 Day41.5%-6.4%-2.4%
30 Day16.2%-14.6%-6.5%
90 Day8.3%-16.9%8.4%
1 Year35.1%35.1%-24.9%-27.0%14.5%12.0%
3 Year-10.3%-10.3%5.3%-3.8%34.8%25.8%
5 Year41.5%41.5%4.7%-9.1%82.1%61.6%

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

Valuation

Is Broadway Financial undervalued compared to its fair value and its price relative to the market?

1.15x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BYFC's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BYFC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BYFC is unprofitable, so we can't compare its PE Ratio to the US Mortgage industry average.

PE vs Market: BYFC is unprofitable, so we can't compare its PE Ratio to the US market.


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 overvalued based on its PB Ratio (1.2x) compared to the US Mortgage industry average (0.8x).


Next Steps

Future Growth

How is Broadway Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-13.1%

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.


Next Steps

Past Performance

How has Broadway Financial performed over the past 5 years?

-54.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BYFC is currently unprofitable.

Growing Profit Margin: BYFC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BYFC is unprofitable, and losses have increased over the past 5 years at a rate of 54.8% per year.

Accelerating Growth: Unable to compare BYFC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BYFC is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage industry (6.7%).


Return on Equity

High ROE: BYFC has a negative Return on Equity (-0.33%), as it is currently unprofitable.


Next Steps

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


Financial Institutions Analysis

Asset Level: BYFC's Assets to Equity ratio (9.9x) is low.

Allowance for Bad Loans: BYFC has a sufficient allowance for bad loans (380%).

Low Risk Liabilities: 71% 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 (76%).

Low Risk Deposits: BYFC's Loans to Deposits ratio (119%) is appropriate.

Level of Bad Loans: BYFC has an appropriate level of bad loans (0.2%).


Next Steps

Dividend

What is Broadway Financial current dividend yield, its reliability and sustainability?


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

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

How experienced are the management team and are they aligned to shareholders interests?

7.7yrs

Average management tenure


CEO

Wayne-Kent Bradshaw (73 yo)

8.67yrs

Tenure

US$745,063

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 ($USD745.06K) is about average for companies of similar size in the US market ($USD606.53K).

Compensation vs Earnings: Wayne-Kent's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Wayne-Kent Bradshaw
President8.67yrsUS$745.06k1.26%
$ 720.7k
Brenda Battey
Executive VP & CFO7.25yrsUS$316.42k0.30%
$ 169.1k
Norman Bellefeuille
Executive VP & Chief Loan Officer of Broadway Federal Bank FSB8.17yrsUS$344.35k0.50%
$ 284.2k
Ruth McCloud
Executive VP & Chief Retail Banking Officer of Broadway Federal Bank FSB6.17yrsUS$270.00k0.26%
$ 147.7k
Mildred Cayton
First VP & Controllerno datano datano data
Alice Wong
VP & Corporate Secretaryno datano datano data

7.7yrs

Average Tenure

69yo

Average Age

Experienced Management: BYFC's management team is seasoned and experienced (7.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Wayne-Kent Bradshaw
President8.67yrsUS$745.06k1.26%
$ 720.7k
Robert Davidson
Independent Director17.67yrsUS$42.02k0.31%
$ 177.1k
Virgil Roberts
Independent Chairman of the Board8yrsUS$43.50k0.14%
$ 82.1k
Daniel Medina
Independent Director23.67yrsUS$34.50k0.25%
$ 140.4k
Dutch Ross
Independent Director4.58yrsUS$35.50k0.10%
$ 59.5k
Jack Thompson
Director1.67yrsUS$29.50k0.041%
$ 23.3k
Erin Selleck
Independent Director5.33yrsUS$34.50k0.076%
$ 43.4k

8.0yrs

Average Tenure

73yo

Average Age

Experienced Board: BYFC's board of directors are considered experienced (8 years average tenure).


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$57.108m
  • Shares outstanding: 27.46m
  • Website: https://www.broadwayfederalbank.com

Number of Employees


Location

  • Broadway Financial Corporation
  • 5055 Wilshire Boulevard
  • Suite 500
  • Los Angeles
  • California
  • 90036
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BYFCNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJan 1996

Biography

Broadway Financial Corporation operates as the holding company for Broadway Federal Bank, f.s.b. that provides various banking products and services in the United States. It accepts various deposit account ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/26 05:46
End of Day Share Price2020/09/25 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.