Risk factors

Broadway Financial (BYFC) risk factors

Item 1A of every Broadway Financial Corp. 10-K on file, and what changed from one year to the next.

  • FY2025 10-K risk factors

    21 risks, 1 new, 2 dropped, 2 reworded since the prior year. Broadway Financial Corp restructured its CDFI risk disclosures while grappling with Nasdaq delisting determinations and financial statement restatements.

    Filed Mar 31, 2026
  • FY2024 10-K risk factors

    22 risks. Broadway Financial Corp is dominated by geographic concentration in Washington D.C. and Southern California real estate risks. The bank faces intense financial competition and relies heavily on its CDFI status for grants. Public benefit corporation obligations create unique fiduciary and litigation risks not typical of traditional banks.

    Filed Mar 31, 2025