Broadway Financial Takes $25.9 Million Goodwill Impairment Charge
Reuters
Oct 18, 2025
Broadway Financial Takes $25.9 Million Goodwill Impairment Charge
Broadway Financial Corporation has announced that its Audit Committee determined the company's goodwill is impaired following its annual impairment analysis. As a result, Broadway Financial expects to record a non-cash goodwill impairment charge of $25.9 million for the quarter ended September 30, 2025. The company noted that this charge will not lead to any future cash expenditures.
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