BV Financial (NASDAQ:BVFL) Releases Earnings Results

BV Financial (NASDAQ:BVFL) posted its quarterly earnings data on Friday. The company reported $0.65 EPS for the quarter, Zacks reports. BV Financial had a net margin of 20.80% and a return on equity of 7.08%.

BV Financial Trading Down 0.3%

NASDAQ BVFL traded down $0.05 on Friday, reaching $18.93. The stock had a trading volume of 292 shares, compared to its average volume of 10,629. The company has a market capitalization of $168.48 million, a price-to-earnings ratio of 17.37 and a beta of 0.42. BV Financial has a 1 year low of $13.53 and a 1 year high of $19.74. The business has a 50 day moving average price of $18.36 and a 200 day moving average price of $16.93.

Institutional Investors Weigh In On BV Financial

A number of large investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets grew its holdings in shares of BV Financial by 105.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,377 shares of the company’s stock worth $38,000 after purchasing an additional 1,220 shares in the last quarter. Bank of America Corp DE lifted its position in BV Financial by 4,353.0% in the second quarter. Bank of America Corp DE now owns 3,696 shares of the company’s stock worth $56,000 after purchasing an additional 3,613 shares during the period. JPMorgan Chase & Co. acquired a new stake in BV Financial during the second quarter worth $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in BV Financial in the 2nd quarter valued at $72,000. Finally, New York State Common Retirement Fund bought a new stake in BV Financial in the 2nd quarter valued at $101,000. Institutional investors own 42.65% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on BVFL shares. Weiss Ratings restated a “hold (c+)” rating on shares of BV Financial in a research report on Monday, December 29th. Wall Street Zen raised BV Financial from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average 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.