企業概要
Broadway Financial Corporation operates as the holding company for City First Bank, National Association, providing a comprehensive suite of banking products and services across the United States. The firm functions within the Financial Services sector and specifically within the Banks - Regional industry, positioning it as a community-focused lender that serves local economies rather than large multinational corporations. As of the latest data, the company holds a market capitalization of $70.06M and employs 98 individuals to support its operations. With an annual revenue of $32.71M, the valuation indicates a small-cap status, suggesting the entity is a regional player with limited scale compared to national banking giants but offering potential for localized market penetration.
財務健全性
The company reported total revenue of $32.71M for the trailing twelve months, while net income stood at -$27,795,000, and EBITDA data is not available in the provided records. The significant disparity between positive revenue and substantial net losses reveals a cost structure where operating expenses or loan loss provisions severely eroded profitability during this period. Free cash flow figures are not disclosed in the available data, which limits the ability to assess immediate financial flexibility through cash generation metrics. However, the balance sheet shows cash reserves of $10.61M against total debt obligations of $154.38M, indicating a leveraged position where liabilities significantly exceed liquid assets. The debt-to-equity ratio is not provided, yet the ratio of cash to debt suggests a conservative liquidity stance might be challenged by the high debt load relative to available cash. Profit margins are critical to analyze here, with a gross margin of 0.0%, an operating margin of 16.0%, and a profit margin of -75.8%. The zero gross margin is typical for banking intermediaries, but the negative profit margin confirms that interest income and non-interest income were insufficient to cover the cost of funds and overhead. Return on Equity is -9.1% and Return on Assets is -1.9%, metrics that indicate management has struggled to generate returns on the capital deployed and the asset base, respectively. These negative return metrics highlight a period of financial stress where the bank is consuming rather than creating value for shareholders.
バリュエーション評価
Trailing P/E and forward P/E ratios are both listed as N/A due to the company's recent net losses, which implies that earnings-based valuation multiples are currently inapplicable for this asset. Despite the lack of earnings multiples, the price-to-book ratio stands at 0.59, indicating that the market is valuing the company at a discount to its net tangible book value. This sub-one price-to-book ratio suggests that investors perceive significant risks or inefficiencies that depress the stock price below the intrinsic book value of the assets. Price-to-sales ratio is 2.14, while EV/EBITDA is N/A, offering an alternative perspective that values the firm based on its revenue generation capabilities rather than profitability. The stock's trading range over the past year has seen a 52-week high of $8.85 and a 52-week low of $5.51. Without the current share price explicitly listed in the facts, the relative position cannot be calculated as a percentage, but the wide range suggests notable volatility. The beta value is 0.66, which indicates that the stock's price volatility is lower than the broader market, making it a less sensitive instrument to general market movements compared to large-cap equities.
Growth & Income
Revenue growth year-over-year is 3.4%, while earnings growth year-over-year is -43.1%, showing that profitability is deteriorating much faster than top-line revenue expansion. This divergence implies that the decline in earnings is driven by non-revenue factors such as rising cost of funds, increased loan losses, or operational expenses rather than a contraction in business volume. The company does not pay dividends, as evidenced by a dividend yield of N/A and a payout ratio of 0.0%. Consequently, the firm retains all earnings, albeit negative ones, and reinvests limited capital back into the business rather than distributing income to shareholders. The overall growth and income profile reflects a company in a turnaround phase where revenue stability exists but profitability has collapsed, resulting in zero dividend payouts and negative returns on equity.