Broadway Financial corrects Q1 2026 results after loan interest calculation error

Broadway Financial Corporation

Broadway Financial Corporation

BYFC

0.00
  • Broadway Financial filed an amended report to revise first-quarter 2026 operating results, correcting an error in calculating interest on loans from figures released April 28.
  • Revised results align with financials in quarterly report filed May 15.
  • Net income before preferred dividends restated to $1.2 million, or $0.13 per diluted share, versus a $2.7 million loss a year earlier.
  • Net income attributable to common stockholders reported at $409,000, or $0.05 per diluted share, versus a $3.4 million loss a year earlier.


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: 0001140361-26-021631), on May 15, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.