BV Financial (NASDAQ:BVFL) Announces Quarterly Earnings Results

BV Financial (NASDAQ:BVFL) released its earnings results on Friday. The company reported $0.40 earnings per share (EPS) for the quarter, Zacks reports. BV Financial had a return on equity of 8.66% and a net margin of 25.74%.

BV Financial Stock Down 1.9%

BVFL traded down $0.37 on Friday, hitting $19.67. 497 shares of the company were exchanged, compared to its average volume of 16,135. BV Financial has a 12 month low of $14.05 and a 12 month high of $20.48. The company has a market cap of $172.10 million, a PE ratio of 13.38 and a beta of 0.40. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 1.20. The stock’s fifty day moving average is $19.32 and its 200-day moving average is $18.34.

Insider Transactions at BV Financial

In related news, Director Joseph S. Galli sold 1,500 shares of the company’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $19.63, for a total transaction of $29,445.00. Following the sale, the director owned 20,933 shares in the company, valued at approximately $410,914.79. This represents a 6.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 15.69% of the company’s stock.

Institutional Trading of BV Financial

Several institutional investors and hedge funds have recently bought and sold shares of the business. Barclays PLC raised its stake in BV Financial by 2.7% in the fourth quarter. Barclays PLC now owns 29,203 shares of the company’s stock valued at $530,000 after buying an additional 781 shares during the period. BNP Paribas Financial Markets raised its stake in BV Financial by 105.4% in the third quarter. BNP Paribas Financial Markets now owns 2,377 shares of the company’s stock valued at $38,000 after buying an additional 1,220 shares during the period. Empowered Funds LLC raised its stake in BV Financial by 11.8% in the fourth quarter. Empowered Funds LLC now owns 18,747 shares of the company’s stock valued at $340,000 after buying an additional 1,983 shares during the period. Bridgeway Capital Management LLC raised its stake in BV Financial by 10.0% in the fourth quarter. Bridgeway Capital Management LLC now owns 21,747 shares of the company’s stock valued at $394,000 after buying an additional 1,983 shares during the period. Finally, Raymond James Financial Inc. raised its stake in BV Financial by 2.8% in the third quarter. Raymond James Financial Inc. now owns 84,231 shares of the company’s stock valued at $1,358,000 after buying an additional 2,314 shares during the period. Institutional investors own 42.65% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c+)” rating on shares of BV Financial in a report on Friday, March 27th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

BV Financial Company Profile

BV Financial, Inc operates as the holding company for BayVanguard Bank that provides various financial services to individuals and businesses in Maryland. The company offers checking and money market accounts, savings accounts, and certificates of deposits. Its loan products include real estate, home equity, construction, lot, auto, boat, and other personal loans; and commercial lending products, such as commercial equipment/installation, commercial real estate, construction, investment real estate, lines of credit, and SBA loans, as well as loans for short-term real estate purchase, renovation, and sale projects.