Headquartered in Baltimore, MD Fiscal year ends December NASDAQ: BVFL bayvanguard.com
BV Financial, Inc. (NASDAQ: BVFL) is the holding company for BayVanguard Bank, a full-service community-oriented financial institution operating twelve branches in the Baltimore metropolitan area and the eastern shore of Maryland. The Bank is dedicated to serving the financial service needs of consumers and businesses, with a loan portfolio focused on residential mortgages (owner-occupied and non-owner-occupied one-to-four family), commercial real estate, construction and land loans, and commercial lending. The company generates revenue primarily through net interest income from its lending and deposit-gathering activities. Updated
Buybacks are doing the work here: a weighted average share count down to roughly 7.82 million lifted per-share earnings year over year even as net income fell. The December payoff of subordinated debentures cut quarterly interest expense and raised net interest margin, but the loan book keeps shrinking and non-accruals climbed.
BV Financial, Inc. (NASDAQ: BVFL) is the holding company for BayVanguard Bank, a full-service community-oriented financial institution operating twelve branches in the Baltimore metropolitan area and the eastern shore of Maryland.