Broadway Financial Corporation
Broadway Financial Corporation operates as the holding company for City First Bank, National Association that provides various banking products and services in the United States. Its deposit products include savings accounts, checking accounts, interest checking accounts, money market accounts, and fixed-term certificates of deposit. The company also offers mortgage loans, which are secured by mu… Read more
Broadway Financial Corporation (BYFC) - Net Assets
Latest net assets as of December 2025: $261.89 Million USD
Based on the latest financial reports, Broadway Financial Corporation (BYFC) has net assets worth $261.89 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.34 Billion) and total liabilities ($1.07 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $261.89 Million |
| % of Total Assets | 19.61% |
| Annual Growth Rate | 11.48% |
| 5-Year Change | 483.39% |
| 10-Year Change | 517.79% |
| Growth Volatility | 173.51 |
Broadway Financial Corporation - Net Assets Trend (1996–2024)
This chart illustrates how Broadway Financial Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Broadway Financial Corporation (1996–2024)
The table below shows the annual net assets of Broadway Financial Corporation from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $285.19 Million | +1.10% |
| 2023-12-31 | $282.10 Million | +0.87% |
| 2022-12-31 | $279.65 Million | +98.19% |
| 2021-12-31 | $141.10 Million | +188.64% |
| 2020-12-31 | $48.88 Million | +0.08% |
| 2019-12-31 | $48.85 Million | +0.85% |
| 2018-12-31 | $48.44 Million | +1.48% |
| 2017-12-31 | $47.73 Million | +4.84% |
| 2016-12-31 | $45.53 Million | -1.38% |
| 2015-12-31 | $46.16 Million | -82.23% |
| 2014-12-31 | $259.76 Million | +915.10% |
| 2013-12-31 | $25.59 Million | +42.11% |
| 2012-12-31 | $18.01 Million | -1.47% |
| 2011-12-31 | $18.28 Million | -44.38% |
| 2010-12-31 | $32.86 Million | +4.27% |
| 2009-12-31 | $31.52 Million | -3.59% |
| 2008-12-31 | $32.69 Million | +48.26% |
| 2007-12-31 | $22.05 Million | +10.10% |
| 2006-12-31 | $20.03 Million | +19.37% |
| 2005-12-31 | $16.78 Million | +11.13% |
| 2004-12-31 | $15.10 Million | -17.01% |
| 2003-12-31 | $18.19 Million | +7.51% |
| 2002-12-31 | $16.92 Million | +15.68% |
| 2001-12-31 | $14.63 Million | +4.66% |
| 2000-12-31 | $13.98 Million | +1.28% |
| 1999-12-31 | $13.80 Million | +1.47% |
| 1998-12-31 | $13.60 Million | +1.49% |
| 1997-12-31 | $13.40 Million | -1.47% |
| 1996-12-31 | $13.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Broadway Financial Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 149.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $12.73 Million | 4.47% |
| Common Stock | $94.00K | 0.03% |
| Other Comprehensive Income | $-11.22 Million | -3.94% |
| Other Components | $283.38 Million | 99.44% |
| Total Equity | $284.97 Million | 100.00% |
Broadway Financial Corporation Competitors by Market Cap
The table below lists competitors of Broadway Financial Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Peoplein Ltd
AU:PPE
|
$38.45 Million |
|
Samho Dev
KO:010960
|
$38.46 Million |
|
Real Consulting IT Business Solutions S.A.
AT:REALCONS
|
$38.46 Million |
|
CF Acquisition VII Corp
NASDAQ:CFFS
|
$38.46 Million |
|
Mitre Realty Empreendimentos e Participações S.A
SA:MTRE3
|
$38.43 Million |
|
Tethys Petroleum Limited
PINK:TETHF
|
$38.43 Million |
|
Moberg Pharma AB (publ)
ST:MOB
|
$38.42 Million |
|
Navitas Petroleum Limited Partnership
TA:NVPT
|
$38.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Broadway Financial Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 281,903,000 to 284,973,000, a change of 3,070,000 (1.1%).
- Net income of 1,929,000 contributed positively to equity growth.
- Dividend payments of 1,567,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,302,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.93 Million | +0.68% |
| Dividends Paid | $1.57 Million | -0.55% |
| Other Comprehensive Income | $2.30 Million | +0.81% |
| Other Changes | $406.00K | +0.14% |
| Total Change | $- | 1.09% |
Book Value vs Market Value Analysis
This analysis compares Broadway Financial Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.25x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.13x to 0.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $59.84 | $7.79 | x |
| 1997-12-31 | $49.63 | $7.79 | x |
| 1998-12-31 | $51.68 | $7.79 | x |
| 1999-12-31 | $48.30 | $7.79 | x |
| 2000-12-31 | $63.75 | $7.79 | x |
| 2001-12-31 | $65.90 | $7.79 | x |
| 2002-12-31 | $74.40 | $7.79 | x |
| 2003-12-31 | $76.18 | $7.79 | x |
| 2004-12-31 | $73.35 | $7.79 | x |
| 2005-12-31 | $84.73 | $7.79 | x |
| 2006-12-31 | $93.15 | $7.79 | x |
| 2007-12-31 | $98.51 | $7.79 | x |
| 2008-12-31 | $148.51 | $7.79 | x |
| 2009-12-31 | $144.64 | $7.79 | x |
| 2010-12-31 | $150.69 | $7.79 | x |
| 2011-12-31 | $83.82 | $7.79 | x |
| 2012-12-31 | $79.68 | $7.79 | x |
| 2013-12-31 | $13.56 | $7.79 | x |
| 2014-12-31 | $1.69 | $7.79 | x |
| 2015-12-31 | $12.70 | $7.79 | x |
| 2016-12-31 | $12.52 | $7.79 | x |
| 2017-12-31 | $14.27 | $7.79 | x |
| 2018-12-31 | $14.48 | $7.79 | x |
| 2019-12-31 | $14.56 | $7.79 | x |
| 2020-12-31 | $14.40 | $7.79 | x |
| 2021-12-31 | $18.75 | $7.79 | x |
| 2022-12-31 | $30.70 | $7.79 | x |
| 2023-12-31 | $32.25 | $7.79 | x |
| 2024-12-31 | $31.75 | $7.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Broadway Financial Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.95%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 4.68x
- Recent ROE (0.68%) is below the historical average (0.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -2.21% | -3.45% | 0.07x | 8.61x | $-1.66 Million |
| 1997 | 4.48% | 6.00% | 0.08x | 9.34x | $-740.00K |
| 1998 | 1.47% | 1.90% | 0.07x | 10.71x | $-1.16 Million |
| 1999 | 2.90% | 3.17% | 0.08x | 12.05x | $-980.00K |
| 2000 | 4.84% | 5.19% | 0.08x | 12.01x | $-720.70K |
| 2001 | 4.68% | 4.92% | 0.08x | 12.23x | $-777.80K |
| 2002 | 8.52% | 10.70% | 0.07x | 12.11x | $-251.10K |
| 2003 | 8.52% | 11.61% | 0.06x | 12.63x | $-270.10K |
| 2004 | 11.31% | 11.09% | 0.06x | 18.32x | $198.30K |
| 2005 | 9.91% | 9.59% | 0.06x | 17.42x | $-15.70K |
| 2006 | 8.30% | 8.94% | 0.06x | 15.03x | $-339.70K |
| 2007 | 6.59% | 6.46% | 0.06x | 16.18x | $-751.90K |
| 2008 | 7.04% | 8.56% | 0.07x | 12.48x | $-967.90K |
| 2009 | -20.50% | -21.09% | 0.06x | 16.53x | $-9.61 Million |
| 2010 | 5.83% | 5.89% | 0.07x | 14.73x | $-1.37 Million |
| 2011 | -78.00% | -55.19% | 0.06x | 22.64x | $-16.08 Million |
| 2012 | 3.27% | 2.87% | 0.05x | 20.75x | $-1.21 Million |
| 2013 | -1.18% | -1.85% | 0.05x | 12.99x | $-2.86 Million |
| 2014 | 6.79% | 15.39% | 0.05x | 9.42x | $-1.20 Million |
| 2015 | 19.65% | 50.22% | 0.04x | 8.73x | $4.46 Million |
| 2016 | 7.64% | 21.63% | 0.04x | 9.43x | $-1.07 Million |
| 2017 | 3.92% | 10.72% | 0.04x | 8.67x | $-2.90 Million |
| 2018 | 1.68% | 5.11% | 0.04x | 8.45x | $-4.03 Million |
| 2019 | -0.42% | -1.16% | 0.04x | 9.02x | $-5.09 Million |
| 2020 | -1.31% | -3.44% | 0.04x | 9.89x | $-5.53 Million |
| 2021 | -2.87% | -14.48% | 0.03x | 7.76x | $-18.15 Million |
| 2022 | 2.02% | 15.04% | 0.03x | 4.24x | $-22.31 Million |
| 2023 | 1.60% | 8.58% | 0.04x | 4.88x | $-23.68 Million |
| 2024 | 0.68% | 2.95% | 0.05x | 4.68x | $-26.57 Million |
Industry Comparison
This section compares Broadway Financial Corporation's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Broadway Financial Corporation (BYFC) | $261.89 Million | -2.21% | 4.10x | $38.44 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |