BV Financial (NASDAQ:BVFL) Issues Earnings Results

BV Financial (NASDAQ:BVFL) issued its quarterly earnings results on Monday. The company reported $0.35 earnings per share for the quarter, reports. The business 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 Trading Down 0.3 %

NASDAQ:BVFL opened at $15.47 on Thursday. BV Financial has a twelve month low of $9.94 and a twelve month high of $15.67. The company has a market cap of $175.99 million, a PE ratio of 11.13 and a beta of 0.64. The company’s 50 day moving average is $14.83 and its two-hundred day moving average is $12.81.

Institutional Investors Weigh In On BV Financial

A number of large investors have recently made changes to their positions in BVFL. Covestor Ltd lifted its position in BV Financial by 99.8% during the 1st quarter. Covestor Ltd now owns 4,003 shares of the company’s stock worth $41,000 after acquiring an additional 1,999 shares during the period. Courier Capital LLC purchased a new position in shares of BV Financial in the third quarter worth about $384,000. Dimensional Fund Advisors LP lifted its holdings in shares of BV Financial by 43.0% during the second quarter. Dimensional Fund Advisors LP now owns 29,503 shares of the company’s stock worth $351,000 after purchasing an additional 8,866 shares during the period. Finally, Vanguard Group Inc. boosted its position in BV Financial by 28.9% in the first quarter. Vanguard Group Inc. now owns 481,762 shares of the company’s stock valued at $4,977,000 after buying an additional 108,015 shares during the last quarter. 42.65% of the stock is owned by hedge funds and other institutional investors.

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.