Quarterly ResultJul 28, 2026, 04:27 PM
Broadway Financial Q2 Pre-Provision Net Revenue $3.0M; Loans +10.8% H1
AI Summary
Broadway Financial Corporation reported second quarter 2026 results, with net income attributable to common stockholders at $218 thousand, or $0.02 per diluted common share. The company demonstrated strong operational performance with pre-provision net revenue increasing 82.2% quarter-over-quarter to $3.0 million. Balance sheet growth was robust, as total loans increased 10.8% and total deposits grew 21.5% during the first six months of 2026, providing capacity for customer and community support.
Key Highlights
- Net income attributable to common stockholders was $218 thousand for Q2 2026.
- Diluted income per common share was $0.02 for Q2 2026.
- Pre-provision net revenue increased 82.2% QoQ to $3.0 million.
- Total loans grew $110.0 million (10.8%) in the first six months of 2026.
- Total deposits increased $197.0 million (21.5%) in the first six months of 2026.
- Net interest income rose 4.8% QoQ to $9.5 million.
- Non-interest expense decreased 6.7% QoQ to $7.5 million.
- Total assets reached $1.6 billion as of June 30, 2026.
Price Impact
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