Broadway Financial Corporation (BYFC)

Broadway Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	46.21	37.14	28.73	22.83	17.02	15.85
Interest Income on Investments	12.86	10.09	7.54	1.92	0.63	1
Total Interest Income	59.07	47.23	36.27	24.75	17.64	16.85
Interest Paid on Deposits	11.63	7.51	2.1	1.68	3.16	4.28
Interest Paid on Borrowings	16.52	10.25	1.31	2.07	2.31	2.11
Total Interest Expense	28.15	17.77	3.41	3.75	5.48	6.39
Net Interest Income	30.92	29.46	32.86	21	12.17	10.46
Net Interest Income Growth (YoY)	-1.40%	-10.34%	56.45%	72.59%	16.33%	1.48%
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.18
Other Non-Interest Income	5.47	5.36	1.2	3.21	0.75	0.85
Total Non-Interest Income	5.47	5.36	1.2	3.21	1.03	0.87
Non-Interest Income Growth (YoY)	368.49%	348.28%	-62.82%	213.56%	17.41%	30.30%
Revenues Before Loan Losses	36.39	34.82	34.06	24.22	13.19	11.33
Provision for Loan Losses	1.28	0.93	1	0.18	0.03	-0.01
Revenue	35.11	33.89	33.06	24.04	13.17	11.34
Revenue Growth (YoY)	12.14%	2.50%	37.51%	82.61%	16.08%	-7.28%
Salaries and Employee Benefits	16.56	15.26	14.02	15.48	7.87	6.99
Occupancy Expenses	1.57	1.57	1.4	1.3	0.69	0.67
Amortization of Goodwill & Intangibles	0.35	0.39	0.44	0.39	-	-
Selling, General & Administrative	9.23	7.71	7.1	9.3	4.88	3.28
Other Non-Interest Expense	2.69	2.44	1.98	2.45	0.78	0.96
Total Non-Interest Expense	30.39	27.36	24.94	28.93	14.21	11.89
EBT Excluding Unusual Items	4.72	6.52	8.12	-4.89	-1.05	-0.55
Pretax Income	4.72	6.52	8.12	-4.89	-1.05	-0.55
Income Tax Expense	1.48	1.99	2.41	-0.94	-0.41	-0.35
Earnings From Continuing Operations	3.24	4.54	5.71	-3.95	-0.64	-0.21
Minority Interest in Earnings	-0.01	-0.02	-0.07	-0.1	-	-
Net Income	3.23	4.51	5.64	-4.05	-0.64	-0.21
Preferred Dividends & Other Adjustments	0.85	0.06	0.03	0	-	-
Net Income to Common	2.38	4.46	5.61	-4.05	-0.64	-0.21
Net Income Growth	-5.24%	-19.91%	-	-	-	-
Basic Shares Outstanding	8	9	9	8	3	3
Diluted Shares Outstanding	9	9	9	8	3	3
Shares Change (YoY)	-4.79%	-3.97%	21.07%	121.44%	1.23%	0.27%
EPS (Basic)	0.29	0.52	0.62	-0.54	-0.19	-0.06
EPS (Diluted)	0.28	0.51	0.62	-0.56	-0.19	-0.08
EPS Growth	-25.43%	-17.70%	-	-	-	-
Effective Tax Rate	31.29%	30.43%	29.72%	-	-	-

Source: S&P Capital IQ. Banks template. Financial Sources.