8-K current report · filed Apr 24, 2026

BV Financial, Inc. (BVFL) 8-K Current Report: April 24, 2026

Item 2.02Item EX-99.1BVFL overview

Short answer

BV Financial, Inc. (BVFL) filed an 8-K current report with the SEC on April 24, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). BV Financial reported financial results for the quarter ended March 31, 2026.

BV Financial, Inc. 8-K event analysis

AI summary of each reported item and its exhibits

Item 2.02 · Results of Operations and Financial Condition

  • BV Financial reported financial results for the quarter ended March 31, 2026
  • Press release issued April 24, 2026 with detailed results in Exhibit 99.1
  • Results cover BayVanguard Bank’s holding company, BV Financial, Inc.

Item EX-99.1 · Exhibit EX-99.1

  • Q1 2026 GAAP net income fell to $1.1M, or $0.13 per diluted share, from $2.1M and $0.21
  • $2.2M executive transition payment drove earnings pressure; adjusted net income increased to $3.3M from $2.9M
  • Net interest margin improved to 4.36% from 4.12%, aided by replacing $35.0M subordinated debt with lower-cost FHLB borrowings
  • Loans declined 2.56% to $735.6M while deposits fell 0.38% to $673.5M, signaling balance-sheet contraction
  • Repurchased 102,076 shares at $18.72 weighted average, supporting tangible book value of $19.27 per share

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