BV Financial, Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Timothy L. Prindle
- Full Time Employees
- 109
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 7114 North Point Road Baltimore MD United States of America 21219
- IPO Date
- Feb 17, 2005
- CIK
- 0001302387
- Website
- bayvanguard.com
- Similar Companies
- Business
- BV Financial, Inc. operates as the holding company for BayVanguard Bank, providing a wide range of financial services to individual and business clients primarily in the United States. The company offers deposit products such as checking accounts, money market accounts, savings accounts, and certificates of deposit. Its lending portfolio includes real estate loans (one-to-four family residential, commercial real estate, construction, multi-family, lot), home equity loans, personal loans (auto, boat, mobile home, and other personal credit), commercial lending products including commercial equipment and installation loans, lines of credit, SBA loans, and loans for short-term real estate purchase, renovation, and sale projects. BV Financial also supplies various banking services including ATM, overdraft protection, safe deposit boxes, bill payment, positive pay, remote deposit capture, ACH origination, merchant services, and online banking. Founded in 1873, the company is headquartered in Baltimore, Maryland, and operates multiple branches in the region. In recent years, BV Financial has undergone significant strategic changes, notably completing its conversion from a mutual savings bank to a publicly traded stock company in July 2023. Following this, the company launched stock repurchase programs authorized by the Federal Reserve Bank of Richmond, with an ongoing 10% share buyback program through mid-2026 aimed at enhancing shareholder value. Financially, the company has reported steady growth in net loans and deposits alongside improved asset quality. Other key recent moves include the full repayment of $15 million Federal Home Loan Bank borrowings and focusing on maintaining strong credit loss provisions as asset quality improves. BV Financial continues to emphasize its community banking model while expanding its balance sheet and operational capabilities in competitive financial services markets. The company targets retail banking customers and commercial clients seeking both traditional banking products and specialized lending solutions, leveraging its long-standing regional presence in Maryland with a focus on personalized service and community-oriented banking. BV Financial combines traditional banking offerings with modern financial technology and customer service enhancements to support its mission as a regional financial institution. This comprehensive financial services provider remains a key player in the regional banking sector, centered in Baltimore with operations focused on the mid-Atlantic states, maintaining its commitment to solid financial performance, shareholder returns, and community banking excellence. The latest operational and strategic updates show BV Financial positioning itself for growth post its public offering with a clear focus on balance sheet management and shareholder engagement through its capital return programs.
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BV Financial, Inc. Announces Financial Results
BV Financial, Inc. Announces Financial Results
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BV Financial, Inc. Announces Financial Results
BV Financial, Inc. Announces Adoption and Regulatory Non-Objection for Stock Repurchase Program
BV Financial, Inc. Announces Financial Results
BV Financial, Inc Announces Financial Results
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BV Financial, Inc. Announces Financial Results
BV Financial, Inc. Announces Financial Results