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Security Profile
- Security Type
- Bank Holding Company
- CUSIP
- 111444709 (prev. 111444105 )
- Market Cap
- Small Cap
Business: Broadway Financial Corporation is a bank holding company based in Los Angeles, California that conducts its operations through its wholly-owned subsidiary of City First Bank, which is the leading community-oriented savings bank in Southern California serving low-to-moderate income communities.
Notes: October 31, 2023 --Broadway Financial Corporation (“Broadway,” “we,” or the “Company”) (Nasdaq Capital Market: BYFC), parent company of City First Bank, National Association, announced today the terms of the Company’s previously disclosed reverse stock split (the “Reverse Split”).
Authorization for the Reverse Split was approved by stockholders at Broadway’s Annual Meeting on June 21, 2023. On September 20, 2023, the Board of Directors selected a Reverse Split ratio of 1-for-8 shares (the “Split Ratio”) pursuant to the authorization approved by stockholders. The Reverse Split will be effective at 12:01 a.m. Eastern Time on November 1, 2023 for all outstanding shares of Broadway’s three classes of common stock: Following the effectiveness of the Reverse Split the new CUSIP number for the Class A common stock will be 111444709
Company Contact
- CEO
- Brian E. Argrett
- CFO
- Brenda Battey
- Headquarters
- 4601 Wilshire Boulevard, Suite 150, Los Angeles, CA 90010
- Phone
- 323-634-1700
- Fax
- 323-634-1717
- Investor Relations
- 323-634-1700 · investor.relations@broadwayfederalbank.com