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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	42.82	37.14	28.73	22.83	17.02	15.85
Interest Income on Investments	12.01	10.09	7.54	1.92	0.63	1
Total Interest Income	54.83	47.23	36.27	24.75	17.64	16.85
Interest Paid on Deposits	10.55	7.51	2.1	1.68	3.16	4.28
Interest Paid on Borrowings	14.92	10.25	1.31	2.07	2.31	2.11
Total Interest Expense	25.46	17.77	3.41	3.75	5.48	6.39
Net Interest Income	29.36	29.46	32.86	21	12.17	10.46
Net Interest Income Growth (YoY)	-11.54%	-10.34%	56.45%	72.59%	16.33%	1.48%
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.18
Other Non-Interest Income	5.39	5.36	1.2	3.21	0.75	0.85
Total Non-Interest Income	5.39	5.36	1.2	3.21	1.03	0.87
Non-Interest Income Growth (YoY)	348.17%	348.28%	-62.82%	213.56%	17.41%	30.30%
Revenues Before Loan Losses	34.75	34.82	34.06	24.22	13.19	11.33
Provision for Loan Losses	0.88	0.93	1	0.18	0.03	-0.01
Revenue	33.87	33.89	33.06	24.04	13.17	11.34
Revenue Growth (YoY)	5.33%	2.50%	37.51%	82.61%	16.08%	-7.28%
Salaries and Employee Benefits	16.49	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	0.36	0.39	0.44	0.39	-	-
Selling, General & Administrative	8.73	7.71	7.1	9.3	4.88	3.28
Other Non-Interest Expense	2.63	2.44	1.98	2.45	0.78	0.96
Total Non-Interest Expense	29.78	27.36	24.94	28.93	14.21	11.89
EBT Excluding Unusual Items	4.09	6.52	8.12	-4.89	-1.05	-0.55
Pretax Income	4.09	6.52	8.12	-4.89	-1.05	-0.55
Income Tax Expense	1.31	1.99	2.41	-0.94	-0.41	-0.35
Earnings From Continuing Operations	2.79	4.54	5.71	-3.95	-0.64	-0.21
Minority Interest in Earnings	0.02	-0.02	-0.07	-0.1	-	-
Net Income	2.8	4.51	5.64	-4.05	-0.64	-0.21
Preferred Dividends & Other Adjustments	0.04	0.06	0.03	0	-	-
Net Income to Common	2.77	4.46	5.61	-4.05	-0.64	-0.21
Net Income Growth	-39.59%	-19.91%	-	-	-	-
Basic Shares Outstanding	8	9	9	8	3	3
Diluted Shares Outstanding	9	9	9	8	3	3
Shares Change (YoY)	-5.10%	-3.97%	21.07%	121.44%	1.23%	0.27%
EPS (Basic)	0.33	0.52	0.62	-0.54	-0.19	-0.06
EPS (Diluted)	0.32	0.51	0.62	-0.56	-0.19	-0.08
EPS Growth	-35.50%	-17.70%	-	-	-	-
Effective Tax Rate	31.94%	30.43%	29.72%	-	-	-

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