BV Financial Reports Q3 Net Income of $3.7 Million
BV Financial Inc. reported net income of $3.7 million for the quarter ended September 30, 2025, compared to $3.8 million for the same period in 2024. For the nine-month period ended September 30, 2025, net income was $8.7 million, down from $9.8 million for the same period in 2024. Stockholders' equity decreased by $5.3 million to $190.2 million as of September 30, 2025, from $195.5 million at December 31, 2024, primarily due to $17.7 million in stock repurchases during the year-to-date period. Return on average assets for the quarter was 1.65%, and return on average equity was 7.77%. For the nine months, these figures were 1.27% and 5.93%, respectively. Net loans increased by $8.6 million to $737.9 million at September 30, 2025, while deposits rose by $12.3 million to $663.8 million over the same period. Net interest income for the third quarter was $9.4 million, up from $9.3 million the previous year, with a net interest margin of 4.40% compared to 4.49% in the prior-year quarter.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BV Financial Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1088814) on October 17, 2025, and is solely responsible for the information contained therein.
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