Broadway financial corporation announces results of operations for first quarter 2025

Los angeles , april 28, 2025 /prnewswire/ -- broadway financial corporation ("broadway", "we", or the "company") (nasdaq: byfc), parent company of city first bank, national association (the "bank", and collectively, with the company, "city first broadway"), reported consolidated net loss before preferred dividends of $451 thousand, or ($0.05) per diluted share, for the first quarter of 2025, compared to consolidated net loss of $164 thousand, or ($0.02) per diluted share, for the first quarter of 2024. net loss attributable to common stockholders was $1.2 million during the first quarter of 2025 after deducting preferred dividends of $750 thousand, compared to net loss attributable to common stockholders of $164 thousand for the first quarter of 2024.
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