Broadway Financial Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Brian Argrett

Chief executive officer

US$1.0m

Total compensation

CEO salary percentage	53.3%
CEO tenure	3yrs
CEO ownership	0.9%
Management average tenure	3yrs
Board average tenure	3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Brian Argrett's remuneration changed compared to Broadway Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2023	n/a	n/a	US$5m
Mar 31 2023	n/a	n/a	US$6m
Dec 31 2022	US$1m	US$550k	US$6m
Sep 30 2022	n/a	n/a	US$3m
Jun 30 2022	n/a	n/a	US$2m
Mar 31 2022	n/a	n/a	US$386k
Dec 31 2021	US$1m	US$503k	-US$4m

Compensation vs Market: Brian's total compensation ($USD1.03M) is above average for companies of similar size in the US market ($USD668.06K).

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

CEO

Brian Argrett (59 yo)

3yrs

Tenure

US$1,032,713

Compensation

Mr. Brian E. Argrett, J.D., is currently President and CEO of Broadway Financial Corporation (the Company) (NASDAQ: BYFC) and its banking subsidiary City First Bank, National Association (the Bank) and is...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Brian Argrett	Board Chair	3yrs	US$1.03m	0.89% $ 403.8k
Brenda Battey	Executive VP & CFO	10.8yrs	US$442.39k	0.33% $ 146.9k
Ruth McCloud	Executive VP & COO	3yrs	US$412.71k	0.26% $ 118.3k
Thomas Nida	Executive VP & Market Executive	3yrs	no data	0.12% $ 54.2k
Sonja Wells	Executive VP	3.3yrs	no data	0.25% $ 111.5k
Shannan Herbert	Executive Vice President	no data	no data	no data
John Tellenbach	Executive VP & West Commercial Regional Executive	1.2yrs	no data	0.059% $ 26.5k
LaShanya Washington	Executive VP & Chief Credit Officer	less than a year	no data	0.12% $ 54.8k
Mildred Cayton	First VP & Controller	no data	no data	no data
Audrey Phillips	VP & Company Secretary	no data	no data	no data

3.0yrs

Average Tenure

62yo

Average Age

Experienced Management: BYFC's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Brian Argrett	Board Chair	3yrs	US$1.03m	0.89% $ 403.8k
William Longbrake	Independent Director	3yrs	US$68.00k	0.11% $ 48.4k
Marie Johns	Lead Independent Director	3yrs	US$74.00k	0.024% $ 10.9k
Robert Davidson	Independent Director	21.3yrs	US$68.00k	0.14% $ 65.5k
Wayne-Kent Bradshaw	Vice Chair	11.6yrs	US$78.00k	0.40% $ 179.1k
David McGrady	Independent Director	3yrs	US$68.00k	0.024% $ 10.9k
Dutch Ross	Independent Director	8.2yrs	US$68.00k	0.067% $ 30.1k
John Driver	Independent Director	1.9yrs	US$37.50k	0.013% $ 5.8k
Mary Donovan	Independent Director	3yrs	US$62.00k	0.024% $ 10.9k

3.0yrs

Average Tenure

71yo

Average Age

Experienced Board: BYFC's board of directors are considered experienced (3 years average tenure).

Broadway Financial Management

Management criteria checks 3/4

Key information

Recent management updates

High number of new directors

Brenda Battey Intends to Retire as Chief Financial Officer of Broadway Financial Corporation

High number of new directors

High number of new directors

Broadway Financial Corporation, Annual General Meeting, Oct 19, 2022

High number of new directors

Recent updates

Broadway Financial Receive Written Notice from Nasdaq Regarding Non-Compliance with the Periodic Financial Reporting Requirements Set in Nasdaq Listing Rule 5250(c)(1)

Broadway Financial Corporation announced delayed annual 10-K filing

New minor risk - Financial data availability

High number of new directors

Broadway Financial Receives an Extension from the Nasdaq Stock Market

Broadway Financial Receives Written Notice from the Nasdaq Stock Market

Broadway Financial Corporation announced delayed 10-Q filing

Broadway Financial Receives Non-Compliance Notice From Nasdaq Stock Market LLC

Brenda Battey Intends to Retire as Chief Financial Officer of Broadway Financial Corporation

Second quarter 2023 earnings released: EPS: US$0.003 (vs US$0.025 in 2Q 2022)

High number of new directors

Broadway Financial Corporation announced delayed 10-Q filing

Full year 2022 earnings released: EPS: US$0.077 (vs US$0.067 loss in FY 2021)

Investor sentiment deteriorates as stock falls 20%

Full year 2022 earnings released: EPS: US$0.08 (vs US$0.067 loss in FY 2021)

Investor sentiment improves as stock rises 25%

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$0.018 (vs US$0.003 in 3Q 2021)

High number of new directors

Third quarter 2022 earnings released: EPS: US$0.02 (vs US$0.003 in 3Q 2021)

Investor sentiment improved over the past week

Broadway Financial Corporation, Annual General Meeting, Oct 19, 2022

Second quarter 2022 earnings released: EPS: US$0.03 (vs US$0.01 in 2Q 2021)

Broadway Financial GAAP EPS of $0.03, revenue of $8.3M

High number of new directors

Broadway Financial Corporation announced that it has received $150 million in funding from United States Department of The Treasury

Broadway Financial Corporation Announces the Election of John Driver to the Board of Directors

Broadway Financial Corporation announced delayed annual 10-K filing

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released: EPS US$0.003 (vs US$0.009 loss in 3Q 2020)

High number of new directors

High number of new directors

High number of new directors

Broadway Financial Corporation announced delayed 10-Q filing

First quarter 2021 earnings released: US$0.13 loss per share (vs US$0.001 loss in 1Q 2020)

Broadway Financial reports Q1 results

Independent Chairman of the Board Virgil Roberts has left the company

Independent Director has left the company

Independent Director has left the company

Broadway Financial Corporation announced that it has received $32.88372 million in funding from a group of investors

New 90-day high: US$2.42

New 90-day high: US$2.28

New 90-day high: US$2.03

Broadway Financial rallies on regulatory nod for merger with CFBanc

Third quarter 2020 earnings released: US$0.01 loss per share

Third quarter 2020 earnings released: US$0.009 loss per share

Broadway Financial Corporation (NasdaqCM:BYFC) entered into merger of equals agreement to acquire CFBanc Corporation for $39.6 million.

New 90-day low: US$1.47

The Capital Corps, LLC acquired 6.8% stake in Broadway Financial Corporation (NasdaqCM:BYFC) from United States Department of the Treasury.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age