Broadway Financial (BYFC) Reports Q2 EPS of $0.01
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Broadway Financial Corporation Announces Profit for 2nd Quarter
August 2, 2016 3:00 PM EDTLOS ANGELES--(BUSINESS WIRE)-- Broadway Financial Corporation (the Company) (NASDAQ Capital Market: BYFC), parent company of Broadway Federal Bank, f.s.b. (the Bank), today reported net income of $319 thousand, or $0.01 per diluted share, for the second quarter of 2016, compared to net income of $1.2 million, or $0.04 per diluted share for the second quarter of 2015.
For the six months ended June 30, 2016, the Company reported net income of $952 thousand, or $0.03 per diluted share, compared to $2.5 million, or $0.08 per diluted share for the six months ended June 30, 2015.
The decreases in net income during the three and six months ended June 30, 2016 were... More
