BVFL earnings analysis
What we found in BVFL's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
BV Financial’s Q2 2026 diluted EPS increased to $0.42 from $0.29 a year earlier and $0.13 in the prior quarter, but revenue declined to $10.005 million from $13 million in both comparison periods. The filing provides no gross-margin, operating-margin, segment, balance-sheet, or cash-flow detail in the supplied text, limiting assessment of underlying operating trends. The company repurchased 230,492 shares at an average price of $20.03, while management reported effective controls and no material change in risk factors from the 2025 Form 10-K.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- EPS improved year over year and sequentially
- Diluted EPS was $0.42 in Q2 2026, versus $0.29 in Q2 2025 and $0.13 in Q1 2026, increases of $0.13 and $0.29, respectively.
- Revenue declined despite EPS improvement
- Revenue was $10.005 million in Q2 2026, down from $13 million in both Q2 2025 and Q1 2026, a decline of approximately 23% in each comparison.
- Share repurchases continued
- The company repurchased 230,492 shares during the quarter at an average price of $20.03 per share. The May 5, 2026 program authorized repurchases of approximately 861,000 shares, with 765,859 shares remaining at June 30, 2026.
- Controls remained effective
- Management concluded that disclosure controls and procedures were effective as of June 30, 2026, and reported no changes during the quarter that materially affected, or were reasonably likely to materially affect, internal control over financial reporting.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- No risk update, but buyback uses capital
- The filing states that risk factors had not changed materially from the 2025 Form 10-K. The company’s May 5, 2026 repurchase authorization permits purchases of approximately 861,000 shares, while 230,492 shares were repurchased in Q2 2026, representing a potential use of capital that could reduce balance-sheet flexibility.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.42
What they said about what is next.
The 10-Q does not provide quantitative revenue or EPS guidance, and does not state that prior guidance was raised, maintained, lowered, or withdrawn.
The filing reads about the same as the one before it.
What came before.
- 10-Q · May 11, 2026
- BV Financial reported Q1 2026 revenues of $9.64 million, a 5.2% increase year-over-year, although EPS fell to $0.13 from $0.21 due to a $2.2 million executive transition charge. Cash and cash equivalents rose by 33.9%,…
- 10-K · March 27, 2026
- BV Financial’s 2025 10-K shows a stable, deposit-funded community bank with $912.2M in total assets and a loan portfolio concentrated in commercial real estate (CRE). Revenue has ticked up modestly into the $12–14M…
- 10-Q · November 13, 2025
- BV Financial reported essentially flat quarterly revenue of $10,034,000 and diluted EPS of $0.41 for the three months ended September 30, 2025. Net income for the quarter was $3,730,000 (down slightly from $3,798,000 a…
- 10-Q · November 13, 2024
- BV Financial reported Q3 2024 core revenue (net interest income plus noninterest income) of $9,999,000, up from $9,758,000 in Q3 2023, while diluted EPS held steady at $0.35. Net interest income increased to $9,303,000…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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