BV Financial (NASDAQ:BVFL) Posts Quarterly Earnings Results

BV Financial (NASDAQ:BVFL) posted its quarterly earnings data on Monday. The company reported $0.35 EPS for the quarter, reports. The firm had revenue of $10.00 million for the quarter. BV Financial had a return on equity of 6.32% and a net margin of 26.08%.

BV Financial Stock Performance

Shares of NASDAQ BVFL traded down $0.06 during trading hours on Wednesday, hitting $15.45. 6,441 shares of the stock were exchanged, compared to its average volume of 15,546. The company has a market cap of $175.76 million, a PE ratio of 11.16 and a beta of 0.64. The company’s fifty day simple moving average is $14.79 and its two-hundred day simple moving average is $12.79. BV Financial has a 1-year low of $9.94 and a 1-year high of $15.67.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in BVFL. Courier Capital LLC acquired a new stake in shares of BV Financial in the 3rd quarter valued at $384,000. Dimensional Fund Advisors LP grew its position in BV Financial by 43.0% in the second quarter. Dimensional Fund Advisors LP now owns 29,503 shares of the company’s stock valued at $351,000 after acquiring an additional 8,866 shares during the last quarter. Covestor Ltd raised its stake in BV Financial by 99.8% during the first quarter. Covestor Ltd now owns 4,003 shares of the company’s stock worth $41,000 after acquiring an additional 1,999 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of BV Financial by 28.9% in the first quarter. Vanguard Group Inc. now owns 481,762 shares of the company’s stock worth $4,977,000 after acquiring an additional 108,015 shares during the last quarter. 42.65% of the stock is currently owned by institutional investors and hedge funds.

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.