BV Financial (NASDAQ:BVFL) Releases Quarterly Earnings Results

BV Financial (NASDAQ:BVFL) announced its quarterly earnings results on Friday. The company reported $0.65 EPS for the quarter, Zacks reports. BV Financial had a return on equity of 7.08% and a net margin of 20.80%.

BV Financial Stock Down 0.3%

Shares of NASDAQ:BVFL traded down $0.05 during midday trading on Friday, reaching $18.93. 292 shares of the company were exchanged, compared to its average volume of 10,629. The firm has a market cap of $168.48 million, a PE ratio of 17.37 and a beta of 0.42. BV Financial has a fifty-two week low of $13.53 and a fifty-two week high of $19.74. The stock has a fifty day simple moving average of $18.36 and a two-hundred day simple moving average of $16.93.

Wall Street Analyst Weigh In

Several equities research analysts have commented on BVFL shares. Wall Street Zen raised shares of BV Financial from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. Weiss Ratings reissued a “hold (c+)” rating on shares of BV Financial in a report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, BV Financial has an average rating of “Hold”.

Institutional Investors Weigh In On BV Financial

Institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its holdings in BV Financial by 40.6% during the first quarter. Goldman Sachs Group Inc. now owns 44,779 shares of the company’s stock worth $683,000 after buying an additional 12,941 shares during the last quarter. Jane Street Group LLC lifted its stake in BV Financial by 74.4% in the first quarter. Jane Street Group LLC now owns 41,727 shares of the company’s stock valued at $637,000 after acquiring an additional 17,798 shares during the last quarter. Geode Capital Management LLC grew its position in shares of BV Financial by 95.5% in the 2nd quarter. Geode Capital Management LLC now owns 207,445 shares of the company’s stock valued at $3,160,000 after acquiring an additional 101,350 shares during the period. JPMorgan Chase & Co. acquired a new position in shares of BV Financial during the 2nd quarter worth about $63,000. Finally, Rhumbline Advisers acquired a new position in shares of BV Financial during the 2nd quarter worth about $197,000. Institutional investors own 42.65% of the company’s stock.

About BV Financial

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.