BVFL

Shares of BV Financial, Inc. BVFL have declined 2% since reporting results for the quarter ended March 31, 2026, underperforming the S&P 500 index’s 0.5% change. Over the past month, the stock has moved up 2.6%, lagging the broader market’s 10% return, indicating relatively weaker investor sentiment compared to the benchmark. BV Financial reported net income of 13 cents per share for the March quarter, down roughly 38% from 21 cents per share in the year-ago period. However, adjusted net income rose 13% on a non-GAAP basis to $3.3 million from $2.9 million a year earlier. Net interest income improved 5% to $9.1 million from $8.6 million, driven by a higher net interest margin of 4.36% compared with 4.12% last year. BV Financial reported net income of $1.1 million, down 48% from $2.1 million in the year-ago period. BV Financial, Inc. price-consensus-eps-surprise-chart | BV Financial, Inc. Quote The company’s profitability ratios weakened notably. Return on average assets fell to 0.48% from 0.92%, while return on average equity declined to 2.38% from 4.28%, highlighting reduced efficiency in generating returns. The efficiency ratio deteriorated to 78.82% from 67.36%, indicating higher operating costs relative to income. Balance sheet trends showed contraction in core lending activity. Loans decreased by $19.3 million, or 2.6%, to $735.6 million from the end of December 2025, while deposits edged down 0.4% to $673.5 million. Total assets remained relatively stable at $910.9 million. Cash and cash equivalents rose 33.9% to $74.6 million, reflecting loan paydowns and increased liquidity. Asset quality metrics presented mixed signals. Non-performing loans increased slightly to $2.6 million from $2.3 million at the prior quarter’s end, but remained low as a percentage of total loans at 0.36%. The allowance for credit losses stood at $6.4 million, covering nearly 283% of non-performing loans, indicating a strong reserve position. The primary factor weighing on reported earnings was a $2.2-million executive transition payment tied to the resignation of the former CEO earlier in the year. The one-time expenses significantly increased non-interest expenses, which rose 23% to $7.6 million from $6.2 million. Compensation and benefits expenses alone climbed 27.8% due to this payout. The effective tax rate jumped to 46.8% from 22.2%, driven by the non-deductible portion of...

BALTIMORE, MD / ACCESS Newswire / April 24, 2026 / BV Financial, Inc. (NASDAQ:BVFL), (the "Company") the holding company for BayVanguard Bank (the "Bank"), reported net income of $1.1 million or $0.13 per diluted share for the quarter ended March 31, 2026 compared to net income of $2.1 million or $0.21 per diluted share for the quarter ended March 31, 2025. Adjusted net income, a non-GAAP financial metric, was $3.3 million for the quarter ended March 31, 2026 compared to $2.9 million for the quarter ended March 31, 2025. For a reconciliation of net income as reported and non-GAAP adjusted net income, see the table below. Financial Highlights As previously disclosed in a Form 8-K file with the Securities and Exchange Commission, former Co-President & CEO David Flair resigned in January. In connection with his resignation, he received a payment of $2.2 million in the quarter ended March 31, 2026. The Company generated strong net interest margins and net interest spread of 4.36% and 3.68%, respectively in the quarter ended March 31, 2026 compared to 4.12% and 3.37% in the quarter ended March 31, 2025. Share repurchases of 102,076 shares of common stock at a weighted average price of $18.72 were executed in the quarter ended March 31, 2026. Return on average assets and return on average equity for the quarter ended March 31, 2026 were 0.48% and 2.38%, respectively. Return on average assets and return on average equity for the three months ended March 31, 2025 were 0.92% and 4.28%, respectively. Loans decreased $19.3 million, or -2.56% to $735.6 million at March 31, 2026 compared to $754.9 million at December 31, 2025. Deposits decreased $2.6 million, or -0.38%, to $673.5 million at March 31, 2026 from $676.1 million at December 31, 2025. Financial Condition Total Assets. Total assets were $910.9 million at March 31, 2025, a decrease of $1.4 million, or 0.2%, from $912.2 million at December 31, 2025. The decrease was due primarily to the decrease of $19.3 million in loans, partially offset by an increase of $18.9 million in cash and cash equivalents. Cash and Cash Equivalents. Cash and cash equivalents increased $18.9 million, or 33.9%, to $74.6 million at March 31, 2026 from $55.7 million at December 31, 2025. The increase in cash was primarily a result of the pay-downs in loans. Net Loans Receivable. Loans receivable decreased $19.3 million, or 2.6%, to $735.6...

Shares of BV Financial, Inc. BVFL have declined 2% since the company reported its earnings for the quarter ended Dec. 31, 2025. This compares to the S&P 500 index’s 0.9% growth over the same time frame. Over the past month, the stock has gained 3.1% compared with the S&P 500’s 1.4% increase. BV Financial reported a fourth-quarter 2025 net income of 56 cents per share, compared to 18 cents per share in the year-ago period. Net income more than doubled year over year to $4.8 million from $2 million in the year-ago period. Non-GAAP adjusted net income also saw significant growth. For the quarter, it rose to $5.6 million from $2.4 million a year ago. Full-year net income came in at $13.5 million, or $1.43 per share, up from $11.7 million, or $1.10 per share, in 2024. Adjusted net income grew to $16.3 million from $12.9 million, reflecting adjustments for expenses related to the 2024 Equity Incentive Plan. BV Financial, Inc. price-consensus-eps-surprise-chart | BV Financial, Inc. Quote BV Financial reported total assets of $912.2 million as of Dec. 31, 2025, up slightly from $911.8 million the previous year. Net loans increased by $19.2 million, or 2.6%, to $748.5 million, with growth in 1-4 family owner-occupied, construction, and commercial loans offsetting declines in other categories. Total deposits rose by $24.6 million, or 3.8%, to $676.1 million, driven by a 6.7% increase in non-interest-bearing deposits. At the same time, the company repaid $35 million in subordinated debt and replaced it with lower-cost Federal Home Loan Bank advances. BV Financial also executed a substantial stock buyback program, repurchasing 1.8 million shares during 2025 at an average price of $16.23, including 714,555 shares in the fourth quarter alone. On the performance front, the bank's return on average assets (ROAA) and return on average equity (ROAE) improved meaningfully. ROAA for the fourth quarter was 2.1% versus 0.9% a year ago, while ROAE surged to 10.5% from 3.8%. The efficiency ratio improved to 51% in the fourth quarter from 64.3% in the prior-year period, indicating stronger operating leverage. The company’s strategic decisions during the quarter reflect a focus on optimizing its capital structure and cost management. The replacement of subordinated debt with lower-cost advances and the sizable share repurchase program highlight efforts to enhance shareholder value. A...

BALTIMORE, MD / ACCESS Newswire / January 23, 2026 / BV Financial, Inc. ( NASDAQ:BVFL), (the "Company") the holding company for BayVanguard Bank (the "Bank"), reported net income of $13.5 million, or $1.43 per diluted share, for the year ended December 31, 2025 compared to net income of $11.7 million, or $1.10 per diluted share, for the year ended December 31, 2024. Net income for the quarter ended December 31, 2025 was $4.8 million, or $0.57 per diluted share, compared to net income of $2.0 million, or $0.18 per diluted share, for the quarter ended December 31, 2024. Adjusted net income, a non-GAAP financial metric, was $16.3 million and $12.9 million for the years ended December 31, 2025 and 2024, respectively. For the quarters ended December 31, 2025 and 2024, adjusted net income was $5.6 million and $2.4 million, respectively. For a reconciliation of Net Income as reported and non-GAAP adjusted net income, see the reconciliation table contained at the end of this press release. The Company also announced today a transition in executive leadership. Additional information regarding this matter in included in the Company's Form 8-K filed with the Securities and Exchange Commission today. FinancialHighlights Return on average assets and return on average equity for the year ended December 31, 2025 were 1.48% and 7.01%, respectively. Return on average assets and return on average equity for the three months ended December 31, 2025 were 2.09% and 10.45%, respectively. Net loans increased $19.2 million, or 2.6% to $748.5 million at December 31, 2025 compared to $729.2 million at December 31, 2024. Deposits increased $24.6 million, or 3.8%, from $651.5 million at December 31, 2024 to $676.1 million at December 31, 2025. During the quarter ended December 31, 2025, the Company paid off the $35.0 million in subordinated debt issued in 2020 concurrently with the acquisition of Delmarva Bancshares. The Company replaced this borrowing with $35.0 million in lower cost advances from the Federal Home Loan Bank of Atlanta. During the year ended December 31, 2025, the Company repurchased 1,823,997 shares of common stock at an average price of $16.23, including 714,555 shares repurchased during the three months ended December 31, 2025, at an average price of $16.63. During the quarter ended December 31, 2025, the Company recorded a recovery of the provision for credit losse...

Shares of BV Financial, Inc. BVFL have gained 13.9% since the company reported its earnings for the quarter ended Sept. 30, 2025. This compares to the S&P 500 index’s 1.4% growth over the same time frame. Over the past month, the stock has gained 0.4% compared with the S&P 500’s 1.4% growth. BV Financial reported net income of 41 cents per share for the third quarter of 2025, up from 35 cents per share earned a year earlier. Net interest income showed a modest gain, reaching $9.4 million, up from $9.3 million. The company reported net income of $3.7 million for the third quarter of 2025, slightly below the $3.8 million in the prior-year quarter. While GAAP net income declined, non-GAAP adjusted net income rose 7.3% to $4.4 million from $4.1 million in the prior-year period, driven largely by the normalization of equity plan expenses. BV Financial, Inc. price-consensus-eps-surprise-chart | BV Financial, Inc. Quote BV Financial posted a slight increase in net loans, which rose by $8.6 million, or 1.2%, to $737.9 million as of Sept. 30, 2025. Deposits followed suit, climbing 1.9% to $663.8 million during the same period. Total assets stood at $909.4 million, down marginally from $911.8 million at year-end 2024. Return on average assets (ROAA) slipped slightly to 1.65% from 1.7% in the third quarter of 2024, while return on average equity (ROAE) improved to 7.8% from 7.3%. The company’s net interest margin narrowed modestly to 4.4%, down from 4.5%, due to rising deposit costs and a shift in the deposit mix, although higher yields on interest-earning assets partially offset these pressures. Noninterest income remained relatively stable at $0.68 million compared to $0.7 million a year ago. However, non-interest expenses rose to $5.9 million from $5.5 million, largely due to increased compensation costs associated with the full implementation of the 2024 equity incentive plan. These costs were applicable for the entire quarter this year, versus only one month last year. The firm’s decision to continue tightening expenses outside compensation, along with disciplined credit provisioning, helped maintain asset quality metrics despite elevated costs from stock compensation. Credit quality remained strong, with non-performing assets decreasing to $3.5 million from $4.2 million at year-end 2024. The company recorded a $1 million recovery in its provision for credit losse...

Announces Adoption and Regulatory Non-Objection For Stock Repurchase Program BALTIMORE, MD / ACCESS Newswire / October 17, 2025 / BV Financial, Inc. (NASDAQ:BVFL), the holding company for BayVanguard Bank (the "Bank"), today reported net income of $3.7 million, or $0.41 per diluted share, for the quarter ended September 30, 2025 compared to net income of $3.8 million, or $0.35 per diluted share, for the quarter ended September 30, 2024. Net income for the nine-month period ended September 30, 2025 was $8.7 million or $0.88 per diluted share compared to net income of $9.8 million or $0.91 per diluted share for the nine-month period ended September 30, 2024. Adjusted net income, a non-GAAP financial metric, was $4.4 million and $4.1 million for the quarters ended September 30, 2025 and 2024, respectively, and $11.1 million and $10.0 million for the nine months ended September 30, 2025, and 2024, respectively. For a reconciliation of net income as reported and non-GAAP adjusted net income, see the table attached to this press release. Financial Highlights Return on average assets and return on average equity for the three months ended September 30, 2025, was 1.65% and 7.77%, respectively. Return on average assets and return on average equity for the nine months ended September 30, 2025 was 1.27% and 5.93%, respectively. Net loans increased $8.6 million or 1.2% to $737.9 million compared to $729.2 million on December 31, 2024. Deposits increased $12.3 million or 1.9% from $651.5 million on December 31, 2024 to $663.8 million at September 30, 2025. Non-accrual loans decreased $500,000 to $3.5 million at September 30, 2025 from $4.0 million at December 31, 2024. The Company recorded a recovery of provision for credit losses of $1.0 million for the three months ended September 30, 2025 and $539,000 for the nine months ended September 30, 2025. During the quarter ended September 30, 2025, the Company repurchased 782,324 shares of its outstanding common stock at an average price of $16.14. FINANCIAL CONDITION DISCUSSION Total Assets. Total assets were $909.4 million at September 30, 2025, a decrease of $2.4 million, or 0.27%, from $911.8 million at December 31, 2024. Cash and Cash Equivalents. Cash and cash equivalents decreased $7.0 million, or 9.9%, to $63.5 million at September 30, 2025 from $70.5 million at December 31, 2024. The decrease in cash was primarily a...

Explore BV Financial's Fair Values from the Community and select yours Revenue: US$9.69m (flat on 2Q 2024). Net income: US$2.86m (down 16% from 2Q 2024). Profit margin: 30% (down from 35% in 2Q 2024). EPS: US$0.29 (down from US$0.32 in 2Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period BV Financial shares are up 5.5% from a week ago. You still need to take note of risks, for example - BV Financial has 1 warning sign we think you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

BALTIMORE, MD / ACCESS Newswire / July 17, 2025 / BV Financial, Inc. (NASDAQ:BVFL), the holding company for BayVanguard Bank (the "Bank"), today reported net income of $2.9 million, or $0.29 per diluted share, for the quarter ended June 30, 2025 compared to net income of $3.4 million, or $0.32 per diluted share, for the quarter ended June 30, 2024. Net income for the six-month period ended June 30, 2025 was $5.0 million or $0.50 per diluted share compared to net income of $6.0 million or $0.52 per diluted share for the six-month period ended June 30, 2024. Adjusted net income, a non-GAAP financial metric, was $3.7 million and $3.4 million for the quarters ended June 30, 2025 and 2024 and $6.7 million and $6.04 million for the year to date periods ended June 30, 2025 and 2024, respectively. For a reconciliation of net income as reported and Non-GAAP adjusted net income, see the table below. Financial Highlights Return on average assets and return on average equity for the three months ended June 30, 2025 was 1.26% and 5.78%, respectively. Net loans increased $13.2 million or 1.8% to $742.4 million compared to $729.2 million at December 31, 2024. Deposits increased $7.4 million or 1.1% from $651.5 million at December 31, 2024 to $658.9 million at June 30, 2025. All $15.0 million in borrowings from the Federal Home Loan Bank of Atlanta "FHLB" were paid off in the quarter. Non-accrual loans increased $400,000 to $4.4 million at June 30, 2025 from $4.0 million at December 31, 2024. The Company recorded provisions for credit losses of $178,000 for the three months ended June 30, 2025 and $475,000 for the six months ended June 30, 2025. During the quarter ended June 30, 2025, the Company repurchased 277,000 shares of its outstanding common stock at an average price of $15.29. FINANCIAL CONDITION DISCUSSION Total Assets. Total assets were $908.3 million at June 30, 2025, a decrease of $3.5 million, or -0.4%, from $911.8 million at December 31, 2024. The decrease was due primarily to the Company utilizing cash on-hand to repay $15.0 million in borrowings from the FHLB. Cash and Cash Equivalents. Cash and cash equivalents decreased $14.2 million, or 20.1%, to $56.3 million at June 30, 2025 from $70.5 million at December 31, 2024. The decrease in cash is primarily a result of the pay-off of FHLB borrowings. Loans Receivable. Loans receivable increased $13.8 million, or...

BALTIMORE, MD / ACCESS Newswire / April 17, 2025 / BV Financial, Inc. (NASDAQ:BVFL), (the "Company") the holding company for BayVanguard Bank (the "Bank"), reported net income of $2.1 million or $0.21 per diluted share for the quarter ended March 31, 2025 compared to net income of $2.6 million or $0.24 per diluted share for the quarter ended March 31, 2024. Adjusted net income, a Non-GAAP financial metric, was $2.9 million for both quarters ended March 31, 2025 and 2024. For a reconciliation of net income as reported and Non-GAAP adjusted net income, see the table below. Financial Highlights Return on average assets and return on average equity for the quarter ended March 31, 2025 were 0.92% and 4.28%, respectively. Return on average assets and return on average equity for the three months ended March 31, 2024 were 1.16% and 5.14%, respectively. Net Loans increased $12.0 million, or 1.65% to $741.3 million at March 31, 2025 compared to $729.2 million at December 31, 2024. Deposits increased $6.4 million, or 0.98%, from $651.5 million at December 31, 2024 to $657.9 million at March 31, 2025. In the quarter ended March 31, 2025, the Company recorded a provision for credit losses of $297,000 consisting of a $351,000 provision to the allowance for credit losses (ACL) - loans, a $53,000 recovery to the ACL-unfunded commitments and a $1,000 recovery to the ACL - for held-to-maturity securities. In the quarter ended March 31, 2024, the Company recorded a provision for credit losses of $18,000 consisting of ($133,000) in the ACL - loans, $152,000 in the ACL-unfunded commitments and ($1,000) in the ACL - HTM Securities. The Company completed the stock repurchase program previously announced on July 30, 2024 with the repurchase of 50,038 shares in January 2025 at an average cost of $17.08. The Company announced the adoption of a second stock repurchase program on April 4, 2025. Financial Condition Total Assets. Total assets were $921.9 million at March 31, 2025, an increase of $10.1 million, or 1.11%, from $911.8 million at December 31, 2024. The increase was due primarily to a $12.0 million increase in loans receivable partially offset by a decrease of $2.1 million in securities available for sale. The loan growth in the quarter was funded by an increase in deposits and quarterly net income. Cash and Cash Equivalents. Cash and cash equivalents increased $320,000 or 0...