BV Financial, Inc.
- Open
- 20.93
- Day high
- 21.79
- Day low
- 20.93
- Prev close
- 21.80
- Volume
- 19K
- Mkt cap
- $186M
- P/E (TTM)
- 15.3
- EPS (TTM)
- $1.40
- P/B
- 1.0
- P/S
- 3.6
- Yield
- —
- Per share
- —
- ▼Insiders net selling -$1.0M over the last 3 months (0 open-market buys, 79 sales)
- 🏛Institutions mixed (13F)
BV Financial, Inc. (BVFL) is a Financial Services company listed on NASDAQ. The stock is up 36% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 79 sales (SEC Form 4).
BV Financial, Inc. (BVFL) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
BVFL earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 24, 2026 | — | $0.40 | — | $12M | — |
| Jan 23, 2026 | — | $0.65 | — | $14M | — |
| Jul 17, 2025 | — | $0.38 | — | $13M | — |
| Apr 17, 2025 | — | $0.30 | — | $13M | — |
| Jan 27, 2025 | — | $0.25 | — | $13M | — |
| Jul 18, 2024 | — | $0.32 | — | $12M | — |
| Apr 25, 2024 | — | $0.24 | — | $12M | — |
| Mar 22, 2024 | — | $0.28 | — | $12M | — |
| Jul 26, 2023 | — | $0.53 | — | $12M | — |
| Apr 7, 2023 | — | $0.34 | — | $12M | — |
| Sep 30, 2022 | — | $0.33 | — | $9M | — |
| Jun 30, 2022 | — | $0.37 | — | $9M | — |
BVFL insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 15, 2026 | Galli Joseph Sdirector | Sell | 2,014 | $19.81 |
| Jun 15, 2026 | Galli Joseph Sdirector | Sell | 100 | $19.82 |
| Jun 15, 2026 | Galli Joseph Sdirector | Sell | 30 | $19.84 |
| Jun 15, 2026 | Galli Joseph Sdirector | Sell | 2 | $19.86 |
| Jun 15, 2026 | Galli Joseph Sdirector | Sell | 64 | $19.88 |
| Jun 15, 2026 | Galli Joseph Sdirector | Sell | 291 | $19.96 |
| Jun 15, 2026 | Galli Joseph Sdirector | Sell | 579 | $19.80 |
| Jun 15, 2026 | Galli Joseph Sdirector | Sell | 8,122 | $19.84 |
| Jun 11, 2026 | Galli Joseph Sdirector | Sell | 242 | $19.80 |
| Jun 11, 2026 | Galli Joseph Sdirector | Sell | 316 | $19.77 |
| Jun 11, 2026 | Galli Joseph Sdirector | Sell | 18 | $19.98 |
| Jun 11, 2026 | Galli Joseph Sdirector | Sell | 39 | $19.98 |
| Jun 11, 2026 | Galli Joseph Sdirector | Sell | 1,349 | $19.95 |
| Jun 11, 2026 | Galli Joseph Sdirector | Sell | 44 | $19.90 |
| Jun 11, 2026 | Galli Joseph Sdirector | Sell | 1,068 | $19.87 |
Source: BVFL SEC Form 4 filings, latest Jun 15, 2026. For informational purposes only — not investment advice.
See the full BVFL insider & 13F page →BV Financial, Inc. company profile
Overview
BV Financial, Inc. (NASDAQ:BVFL) is the holding company for BayVanguard Bank, a regional community bank that has served Maryland communities since 1873. Founded over 150 years ago, the company has evolved from a local savings institution into a full-service community bank offering comprehensive banking services to individuals and businesses throughout the Baltimore metropolitan area. As a subsidiary of Bay-Vanguard, MHC (a mutual holding company), BV Financial went public in 2005 and continues to operate with a focus on relationship-based community banking while maintaining its local market expertise and customer-centric approach.
Business
BV Financial operates in the regional banking industry, providing traditional commercial and retail banking services through its subsidiary BayVanguard Bank. The company serves as a financial intermediary, accepting deposits from customers and lending those funds to borrowers, which is the fundamental business model of commercial banking. The bank's core services are divided into several key areas. On the deposit side, BayVanguard Bank offers various account types including checking accounts (which allow customers to make transactions and payments), money market accounts (higher-yield savings accounts with limited transactions), traditional savings accounts, and certificates of deposit (time deposits that offer fixed interest rates for specified periods). These deposit products provide the bank with the funding base necessary for its lending operations. The lending portfolio encompasses both consumer and commercial loan products. Consumer lending includes residential real estate mortgages (loans secured by primary residences), home equity loans and lines of credit (borrowing against home value), construction loans for building new homes, lot loans for purchasing undeveloped land, and personal loans for automobiles, boats, and other consumer needs. Commercial lending services include equipment financing, commercial real estate loans for business properties, construction loans for commercial projects, investment property financing, business lines of credit for working capital needs, and Small Business Administration (SBA) loans which are partially guaranteed by the federal government. Additionally, the bank provides various fee-based services including ATM access, overdraft protection, safe deposit boxes, electronic bill payment services, remote deposit capture (allowing businesses to deposit checks electronically), ACH origination services (electronic fund transfers), merchant services for business payment processing, and comprehensive online banking platforms.
Revenue model
BV Financial generates revenue through the traditional banking model of net interest income and fee-based services. The primary revenue source is net interest income, which represents the difference between interest earned on loans and investments and interest paid on deposits and borrowings. When the bank lends money at higher rates than it pays on deposits, it captures this interest rate spread as profit. The bank's customers are primarily individuals and small to medium-sized businesses in Maryland, particularly in the Baltimore metropolitan area. Individual customers use the bank for personal banking needs including mortgages, personal loans, and deposit accounts, while business customers rely on the bank for commercial lending, cash management, and other business banking services. Fee income provides a secondary revenue stream through charges for various banking services such as account maintenance fees, overdraft fees, ATM usage fees, loan origination fees, and merchant services. The bank also generates income from SBA loan sales, where it originates SBA loans and sells the guaranteed portion to investors while retaining servicing rights. Several factors can significantly impact the bank's profitability margins. Interest rate environment is the most critical factor - rising rates generally benefit banks by widening net interest margins, while falling rates compress margins. Credit quality directly affects profitability through loan loss provisions; economic downturns or poor underwriting can lead to increased charge-offs. Competition from larger regional banks, credit unions, and fintech companies can pressure both deposit rates and loan pricing. Regulatory costs continue to increase compliance expenses, while operating leverage becomes important as the bank must manage personnel and technology costs against revenue growth. The bank's concentration in the Maryland market also makes it susceptible to local economic conditions, real estate market fluctuations, and regional demographic trends.
Competitive moat
BV Financial's competitive moat is relatively narrow, typical of smaller regional banks operating in competitive markets. The company's primary defensive characteristics stem from its local market knowledge and relationship banking approach. After 150 years of operation in Maryland, the bank has developed deep community ties, local market expertise, and long-standing customer relationships that can be difficult for larger, less locally-focused competitors to replicate. This relationship-based approach allows the bank to better understand local credit risks and customer needs. However, the bank's moat faces significant challenges. The commoditized nature of banking services means that most products offered by BV Financial are readily available from numerous competitors, including larger regional banks with greater resources, credit unions with tax advantages, and online banks offering higher deposit rates with lower overhead costs. Technology disruption poses an ongoing threat as fintech companies and digital-first banks can offer more convenient services and competitive pricing without the overhead of physical branches. The bank's small scale relative to larger competitors limits its ability to invest in technology, offer competitive rates, or absorb regulatory compliance costs efficiently. Geographic concentration in Maryland, while providing local expertise, also creates vulnerability to regional economic downturns and limits diversification benefits. Additionally, the bank lacks unique proprietary technology, exclusive market access, or other sustainable competitive advantages that would create meaningful barriers to entry or customer switching costs. Competition comes from multiple directions: larger regional banks like M&T Bank and PNC with superior resources and technology platforms, community banks of similar size competing for the same local customers, credit unions offering member benefits and often better rates, and increasingly from digital banks and fintech lenders that can operate with lower cost structures and offer more convenient customer experiences.
Risks & safety
BV Financial demonstrates moderate financial stability with some areas of concern regarding liquidity and operational efficiency. • Liquidity position: Strong cash position of $70.5 million and liquid assets, but concerning current ratio of 0.13 indicates potential short-term liquidity pressures • Debt levels: Manageable debt-to-equity ratio of 0.26, indicating conservative leverage • Profitability: Solid return on equity of 6.0% for 2024, though declining from 6.9% in 2023 • Valuation metrics: Trading at reasonable P/E of 15.7x and P/B of 0.94x, suggesting fair valuation • Cash generation: Positive free cash flow of $15.4 million annually demonstrates operational cash generation capability • Asset quality: Total assets of $912 million with shareholders' equity of $195 million provide reasonable capital buffer • Other considerations: Revenue decline from $46.8M (2023) to $37.7M (2024) raises concerns about business momentum and competitive positioning
Recent development
Based on available financial data, BV Financial has experienced mixed operational performance over recent years. The bank saw revenue decline from $46.8 million in 2023 to $37.7 million in 2024, representing a significant 19% decrease that suggests competitive pressures or market challenges. Despite this revenue decline, the bank maintained profitability with net income of $11.7 million in 2024 compared to $13.7 million in 2023, indicating some ability to manage costs during the revenue contraction. The bank's balance sheet has shown modest growth, with total assets increasing from $885 million in 2023 to $912 million in 2024. However, the institution appears to be managing through a challenging interest rate environment and competitive landscape that has impacted many regional banks. The maintenance of positive cash flow generation and stable capital ratios suggests management has focused on preserving financial stability during this period of revenue pressure. Without access to recent earnings call transcripts, specific strategic initiatives and management commentary on future direction are not available, but the financial metrics suggest the bank is in a defensive posture, working to maintain profitability and capital strength while navigating industry headwinds.
BVFL company profile · for informational purposes only — not investment advice.
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