Broadway Financial Q2 FY26 net income attributable to common stockholders falls 46.7% to $218,000 vs Q1 FY26 - BYFC News | RalliesBroadway Financial Q2 FY26 net income attributable to common stockholders falls 46.7% to $218,000 vs Q1 FY26
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BYFC• Broadway Financial reports lower Q2 FY26 net income and higher credit loss provision
- Broadway Financial posted net income attributable to common stockholders of USD 218,000, down 46.7% from Q1 2026; diluted EPS was USD 0.02.
- GAAP net interest income rose 4.8% from Q1 2026 to USD 9.5 million, while net interest margin narrowed 10 basis points to 2.65%.
- Provision for credit losses climbed to USD 1.5 million from USD 200,000 in Q1 2026 due to a specific reserve on a non-accrual loan.
- Loans grew USD 110 million, up 10.8%, in the first half; deposits increased USD 197 million, up 21.5%, lifting assets by USD 218.1 million.
- CEO Brian Argrett cited improving operating performance, with non-GAAP pre-provision net revenue rising 82.2% from Q1 2026 to USD 3 million.
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