BV Financial Inc (BVFL) News & EventsBVFLBV Financial Inc

Net Interest Income Decreases to $9.1 Million

Net interest income was $9.1 million for the three months ended September 30, 2026 compared to $9.4 million for the three months ended September 30, 2025. The net interest margin for the three months ended September 30, 2026 was 4.46% compared to 4.40% for the three months ended September 30, 2025. The decrease in net interest income was primarily due to the lower average balance of loans outstanding in the period.

Net Interest Income Increases to $9.5 Million Year-over-Year

Net interest income was $9.5 million for the three months ended June 30, 2026 compared to $9.2 million for the three months ended June 30, 2025. For the three months ended June 30, 2026, noninterest income totaled approximately $467,000 compared to $714,000 for the quarter ended June 30, 2025.

BV Financial announces repurchase program for up to 10% of outstanding shares

BV Financial, the holding company for BayVanguard Bank, announced that the company has adopted, and received the non-objection of the Federal Reserve Bank of Richmond to initiate, a stock repurchase program for up to 10% of the company's outstanding shares of common stock, or approximately 10,594,044 shares. "This is the company's second stock repurchase program since completing its mutual-to-stock conversion and related stock offering on July 31, 2023. Repurchases are expected to commence after the company publicly releases its results of operations for the period ended March 31," BV stated.