Added to YB: 2026-02-09
Pitch date: 2026-02-05
BYFC [neutral]
Broadway Financial Corporation
-3.68%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$75.8M
Pitch Price
$8.41
Price Target
11.40 (+41%)
Dividend
N/A
EV/EBITDA
N/A
P/E
-2.59
EV/Sales
N/A
Sector
Banks
Category
value
Broadway Financial: A Deep Value Trap Built on Subsidized Capital
BYFC (pass): Mission-driven bank trades 0.73x tangible book despite strong capital ratios. $150M ECIP preferred costs 2% vs potential 6.5-7.5% loan yields could add $0.25-$0.49 EPS if deployed. Bear case: expensive brokered deposit funding, dispersed footprint limits efficiency, mission-aligned governance caps shareholder returns.
Read full article (18 min)