- Broadway Financial press release ( NASDAQ: BYFC ): Q3 GAAP EPS of $0.02.
- Revenue of $8.98M (+36.1% Y/Y).
- Total loans receivable increased $74.8M to $726.7M at September 30, 2022, representing an increase of 11.5% since December 31, 2021.
- The net interest margin increased to 3.02% for the third quarter of 2022 from 2.43% for the third quarter of 2021.
- The allowance for loan and lease losses increased to $4.0M as of September 30, 2022, compared to $3.4M as of December 31, 2021.
- The Bank’s non-accrual loans declined during the third quarter to $608K at September 30, 2022, or 0.08% of total loans at that date, due to paydowns.
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Broadway Financial GAAP EPS of $0.02, revenue of $8.98M