Broadway Financial Delays Quarterly Report Over Loan Accounting Review

Reuters

Nov 26

Broadway Financial Delays Quarterly Report Over Loan Accounting Review

Broadway Financial Corporation has announced a delay in filing its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, due to an ongoing evaluation of its sold loan participation accounting in accordance with Accounting Standards Codification Topic 860. The company has stated that additional time is needed to fully review its financial statements and ensure adequate disclosure. As a result of the late filing, the company received a notice from Nasdaq indicating non-compliance with listing requirements, though the notice has no immediate effect on the trading of its shares. Broadway Financial plans to submit an updated compliance plan to Nasdaq and file the delayed report as soon as possible.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Broadway Financial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-043355), on November 25, 2025, and is solely responsible for the information contained therein.

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