Broadway Financial Q2 FY26 net income attributable to common stockholders rises to $218,000; net interest income increases 22.4% to $9.5 million
Reuters2026/08/13 16:16Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- 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.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Broadway Financial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-032726), on August 13, 2026, and is solely responsible for the information contained therein.
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