Broadway Financial Corporation.
BYFC.US | Other monetary intermediation
Broadway Financial Corporation operates as a savings and loan holding company for Broadway Federal Bank, f.s.b. The bank provides a range of financial products and services, including real estate loans, commercial loans, and consumer loans, primarily in underserved communities. It also offers deposi...Show More
Better Health for All
10
The company, through its subsidiary City First Bank, provides financial services including loans. In 2023, out of $202 million in new loans deployed, $82.7 million (approximately 40.9%) directly supported organizations providing medical care and health services to low-income and vulnerable communities, such as Mary's Center, Bread for the City, and So Others Might Eat (SOME) Conway Center.
1
This indicates a modest but significant portion of its lending activities contribute to health benefits. The company's mission lending percentage was 67.68% in 2023, with $103 million in loans to low-to-moderate income communities and $30 million to minority-owned/led organizations, demonstrating efforts to reach vulnerable populations.
2
While the article does not provide a specific percentage of revenue or dedicated funding for health equity programs, the substantial lending to non-profits providing medical care and community services in underserved areas suggests a commitment to addressing health disparities.
Fair Money & Economic Opportunity
0
No evidence available to assess Broadway Financial Corporation on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
20
The company's overall employee rating on Glassdoor is 4.0 out of 5.0, which translates to 80/100.
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Other employee sentiment indicators include a Culture & Values rating of 5.0 out of 5.0, a Work/Life Balance rating of 4.4 out of 5.0, and a Senior Management rating of 4.4 out of 5.0.
2
The CEO approval rating is 100% from one review.
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The Compensation & Benefits rating is 3.4 out of 5.0, with some reviews noting low pay and raises, while others mention advantageous pay scales.
4
No specific data is available for living wage coverage, CEO to median pay ratio, collective bargaining share, safety incident rate, pay equity ratio, turnover rate, labor violation incidents, insecure contract share, or health insurance coverage.
5
Fair Trade & Ethical Sourcing
0
Broadway Financial Corporation operates as a financial institution, providing banking services. The KPIs under 'Fair Trade & Ethical Sourcing' are primarily designed for companies that procure or trade physical commodities, have complex manufacturing supply chains, or are exposed to upstream labor practices. As a bank, BYFC.US does not engage in these types of activities, meaning all relevant KPIs are N/A for its business model.
Honest & Fair Business
-40
The company had two financial restatements in 2024, specifically for its Q3 2023 10-Q and 2023 annual report.
1
Additionally, Nasdaq issued a non-compliance notice on May 28, 2025, for the delayed filing of its Q1 2025 Form 10-Q.
2
This delay was attributed to the need to determine the value of a Securities Purchase Option Agreement, address fair value measurements disclosure, and allow its independent auditor, Crowe LLP, additional time to complete review procedures.
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The company was given 60 days to submit a plan to regain compliance for the delayed filing.
4
Kind to Animals
0
Broadway Financial Corporation operates as a savings and loan holding company, providing financial products and services. Its core business model does not involve animal-derived products, animal testing, animal agriculture, or activities that directly impact wildlife habitats. Therefore, all KPIs related to animal welfare, such as cruelty-free certification, animal testing, humane operations, ethical sourcing, and wildlife conservation, are not applicable to the company's operations.
No War, No Weapons
0
No specific, concrete data points were found in the provided articles to assess Broadway Financial Corporation (BYFC.US) against any of the Key Performance Indicators for the 'No War, No Weapons' ethical value. The articles explicitly state that no sustainability data or information relevant to arms sales, peacebuilding, or conflict divestment policies is available for BYFC.US or its subsidiary, City First Bank.
1
Planet-Friendly Business
0
The provided articles do not contain specific, quantitative data points or verifiable actions related to environmental performance for BYFC.US.
1
The articles primarily focus on the company's social mission, community development lending, and financial services, highlighting its status as a Certified Community Development Financial Institution (CDFI), Minority Depository Institution (MDI), and Public Benefit Corporation with an "Outstanding" Community Reinvestment Act (CRA) rating.
2
No information is available regarding carbon emissions, renewable energy use, waste management, water consumption, green building certifications, or climate-related targets and disclosures.
3
Respect for Cultures & Communities
0
Based on the provided evidence, there is insufficient information to accurately assess Broadway Financial Corporation's alignment with the 'Respect for Cultures & Communities' value. While the company operates as a CDFI and MDI, focusing on underserved urban communities
1
, the available articles do not provide specific data on key metrics such as formal partnerships with indigenous or local community groups, revenue reinvested in local community development, or cultural impact assessment protocols
2
. The B Impact Score of 130.3 indicates a positive overall impact
3
, but lacks specific details related to cultural respect and community engagement. The absence of relevant data prevents a meaningful evaluation, resulting in a neutral score. More information is needed to determine the company's performance in this area.
Safe & Smart Tech
0
No specific, concrete evidence was found in the provided articles to assess Broadway Financial Corporation (BYFC.US) against any of the Safe & Smart Tech KPIs. The articles primarily contain information about SEC filing dates, corporate actions, and general security advice for customers regarding external fraud attempts, rather than company-specific performance metrics on data protection, cybersecurity, or AI ethics. One article explicitly noted a "Lack of specific metrics on cybersecurity investment, training effectiveness, or other relevant security measures."
1
Zero Waste & Sustainable Products
0
No evidence was found in the provided articles regarding BYFC.US's performance on any of the Zero Waste & Sustainable Products KPIs. The articles primarily focus on the company's community development investments and financial services, with no specific data on waste management, product sustainability, or related initiatives for the company itself.