BV Financial, Inc. is the holding company for BayVanguard Bank that provides various financial services to individuals and businesses in Maryland.
| Revenue (TTM) | $42.82M |
| Gross Profit (TTM) | $42.82M |
| EBITDA | — |
| Operating Margin | 22.60% |
| Return on Equity | 6.54% |
| Return on Assets | 1.36% |
| Revenue/Share (TTM) | $4.79 |
| Book Value | $22.51 |
| Price-to-Book | 1.01 |
| Price-to-Sales (TTM) | 4.31 |
| EV/Revenue | 5.47 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | -38.10% |
| Quarterly Revenue Growth (YoY) | 8.70% |
| Shares Outstanding | $8.66M |
| Float | $6.87M |
| % Insiders | 25.10% |
| % Institutions | 39.14% |
Volatility is currently expanding
BayVanguard (BV) Financial is rated a buy, with 13% upside driven by undervalued excess capital and normalized earnings. BVFL's ROTCE appears mediocre at 7.8% due to a one-time $2.2M severance and surplus capital, but normalized ROA is strong at 1.45%. Current valuation discounts the potential for capital return; the operating bank's ROTCE is 11.35%, and the justified P/TBV is 1.25x.
BVFL's March-end quarter's earnings drop y/y due to a CEO exit payout, though core income improves and margins expand amid stable balance sheet trends.
BV Financial's rating upgrade reflects improving asset quality, declining non-performing assets, strong capital and liquidity and steady expansion in higher-yielding commercial loans.
