Broadway Financial Q2 net income rises on loan and deposit growth - BYFC News | RalliesBroadway Financial Q2 net income rises on loan and deposit growth
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BYFC• Outlook
- Company did not provide specific guidance or forecasts for the current or future periods
Overview
- US mission-driven bank's Q2 net income attributable to common stockholders rose yr/yr
- Total loans and deposits grew 10.8% and 21.5% in the first six months of 2026
- Pre-provision net revenue rose 82% from prior quarter; credit quality remained stable
Key details
| Metric | Actual | Consensus Estimate |
|---|
| Q2 Operating Revenue | $10.44 mln | |
| Q2 Net Income | $218,000 | |
| Q2 Net Interest Margin | 2.65% | |
Result drivers
- Loan and deposit growth - Co said higher loan and deposit balances supported operating performance
- Higher interest income - Net interest income rose on increased interest from loans and securities, partially offset by higher interest expense
- Non-interest income boost - Loan fee from New Market Tax Credit allocation increased non-interest income
BUSE
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