Broadway Financial Corp Reveals Fall In Q4 Income

(RTTNews) - Broadway Financial Corp (BYFC) reported earnings for fourth quarter that decreased from last year

The company's earnings came in at $0.550 million, or $0.06 per share. This compares with $2.607 million, or $0.31 per share, last year.

Broadway Financial Corp earnings at a glance (GAAP) :

-Earnings: $0.550 Mln. vs. $2.607 Mln. last year. -EPS: $0.06 vs. $0.31 last year.

For the fourth quarter, BYFC registered a net interest income of $7.997 million, higher than $7.147 million, posted for the same period last year.

Total noninterest income moved down to $0.560 million from the prior year’s $4.477 million.