Broadway Financial Corporation (BYFC)

Broadway Financial Corporation received notifications from Nasdaq for non-compliance with Listing Rule 5250(c)(1) due to the late filing of its quarterly reports for Q2 and Q3 2025. Justin Jennings was appointed as Executive Vice President and Chief Deposit Officer on October 20, 2025. The company announced favorable results for the second quarter of 2025, including deposit growth of 2.9% since March 31, 2025. Broadway Financial Corporation announced revised results of operations for the first quarter of 2025 on July 29, 2025. The company's share price declined by 13.63% between November 18, 2024, and November 17, 2025.

Demand for Broadway Financial Corp.'s products and services is influenced by broader market conditions such as economic downturns, changes in interest rates, and fluctuations in real estate values, rather than traditional seasonal cycles. These cyclical economic factors can create fluctuations in demand for financial products and services.

Broadway Financial Corp. operates in the Finance sector as a Savings Institution. The company attracts deposits and uses them to provide loan products, including residential mortgages, commercial real estate loans, SBA-guaranteed loans, and construction-to-permanent loans. It also offers deposit services like checking and savings accounts, and financial advisory, investment management, and wealth management services.

Broadway Financial Corp. has a strong market presence in Southern California and the Washington, D.C. market, focusing on serving low-to-moderate income communities.

Broadway Financial Corporation has a strong brand reputation as a Minority Depository Institution (MDI) and a Community Development Financial Institution (CDFI), emphasizing financial inclusion and supporting underserved populations. While Nasdaq non-compliance notifications could raise concerns, there is no explicitly detailed negative impact on the company's overall brand reputation in the past year.

A significant portion of Broadway Financial Corp.'s shares are owned by institutional investors and insiders, with major institutional owners including M3F, Inc., Vanguard Group Inc, and Bank Of America Corp. City First Enterprises Inc is the largest individual/insider owner, holding 72.01% of the company.