BV Financial (NASDAQ:BVFL) Releases Earnings Results

BV Financial (NASDAQ:BVFL) issued its quarterly earnings data on Monday. The company reported $0.35 earnings per share (EPS) for the quarter, reports. The business had revenue of $10.00 million during 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 %

Shares of NASDAQ:BVFL opened at $15.47 on Thursday. BV Financial has a 12-month low of $9.94 and a 12-month high of $15.67. The business has a 50 day moving average of $14.83 and a two-hundred day moving average of $12.81. The company has a market capitalization of $175.99 million, a PE ratio of 11.13 and a beta of 0.64.

Hedge Funds Weigh In On BV Financial

Institutional investors have recently made changes to their positions in the company. Courier Capital LLC purchased a new stake in BV Financial during the third quarter worth $384,000. Dimensional Fund Advisors LP raised its position in shares of BV Financial by 43.0% in the second quarter. Dimensional Fund Advisors LP now owns 29,503 shares of the company’s stock worth $351,000 after acquiring an additional 8,866 shares during the period. Covestor Ltd boosted its stake in shares of 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 in the last quarter. Finally, Vanguard Group Inc. grew its position in shares of BV Financial by 28.9% during the 1st quarter. Vanguard Group Inc. now owns 481,762 shares of the company’s stock valued at $4,977,000 after acquiring an additional 108,015 shares during the period. 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.