Broadway Financial Q2 FY26 net income attributable to common stockholders rises to $218,000; net interest income increases 22.4% to $9.5 million
BYFC•Broadway Financial reports higher second-quarter profit and stronger net interest income
- Broadway Financial posted net income attributable to common stockholders of $218,000 in Q2 2026, up from $2,000 a year earlier.
- Net interest income rose 22.4% to $9.5 million, while net interest margin widened 0.07 percentage points to 2.65%.
- Provision for credit losses increased to $1.5 million from $200,000 in Q1 2026, driven by a specific reserve on a non-accrual loan.
- Non-interest income more than doubled to $950,000, helped by a $450,000 New Market Tax Credit loan fee.
- Total assets climbed $218.1 million since Dec. 31 to $1.56 billion, as deposits increased $197 million to $1.1 billion.
