Earnings summaries and quarterly performance for BV Financial.
Executive leadership at BV Financial.
David M. Flair
Detailed
Co-President and Chief Executive Officer
CEO
Timothy L. Prindle
Detailed
Co-President and Chief Executive Officer
CEO
GJ
Gregory J. Olinde
Detailed
Executive Vice President and Chief Credit Officer; Delmarva Market President
MJ
Michael J. Dee
Detailed
Executive Vice President and Chief Financial Officer
RM
Rose M. Searcy
Detailed
Executive Vice President, Human Resources
Board of directors at BV Financial.
BK
Brian K. McHale
Detailed
Director
GT
Gary T. Amereihn
Detailed
Chairperson of the Board
JS
Joseph S. Galli
Detailed
Director
JW
Joshua W. Posnick
Detailed
Director
MV
Machteld V. Thomas
Detailed
Director
PD
P. David Bramble
Detailed
Director
WB
William B. Crompton, III
Detailed
Director
WS
William Streett Baldwin
Detailed
Director
Research analysts covering BV Financial.
Recent press releases and 8-K filings for BVFL.
BV Financial, Inc. Announces Q4 and Full-Year 2025 Financial Results and Leadership Transition
BVFL
Earnings
Management Change
Share Buyback
- BV Financial, Inc. reported net income of $13.5 million (or $1.43 per diluted share) for the year ended December 31, 2025, and $4.8 million (or $0.57 per diluted share) for the quarter ended December 31, 2025.
- Adjusted net income for the year ended December 31, 2025, was $16.3 million, and for the quarter ended December 31, 2025, it was $5.6 million.
- Net loans increased 2.6% to $748.5 million and deposits increased 3.8% to $676.1 million at December 31, 2025, compared to December 31, 2024.
- The company repurchased 1,823,997 shares of common stock at an average price of $16.23 during 2025, including 714,555 shares in Q4 2025 at an average price of $16.63.
- BV Financial, Inc. also announced a transition in executive leadership.
Jan 23, 2026, 8:36 PM
BV Financial, Inc. Announces Co-President and Co-CEO Resignation and Consulting Agreement
BVFL
Management Change
Executive Compensation
Board Change
- David M. Flair resigned from his roles as Co-President, Co-Chief Executive Officer, and director of BV Financial, Inc. and BayVanguard Bank, effective January 22, 2026.
- In consideration of his separation, Mr. Flair will receive a $2,142,182 separation payment, his fiscal year 2025 bonus, and benefits from the Salary Continuation Plan, which has been amended to fix the annual benefit payable at $60,000.
- Mr. Flair will be engaged as a consultant from January 22, 2026, until September 7, 2028, providing up to 20 hours per month of consultation to the Board of Directors.
- As part of the consulting agreement, Mr. Flair will vest in equity grants, including 24,497 shares of restricted stock and 61,244 stock options on September 6, 2026, and similar amounts on September 6, 2027, and September 6, 2028.
- The agreement contains non-solicitation, non-competition, confidentiality, and non-disparagement provisions that apply during the consulting period.
Jan 23, 2026, 2:28 PM
BV Financial, Inc. Announces Q3 2025 Financial Results and New Stock Repurchase Program
BVFL
Earnings
Share Buyback
- BV Financial, Inc. reported net income of $3.7 million, or $0.41 per diluted share, for the quarter ended September 30, 2025, compared to $3.8 million, or $0.35 per diluted share, for the same period in 2024. For the nine months ended September 30, 2025, net income was $8.7 million, or $0.88 per diluted share, down from $9.8 million, or $0.91 per diluted share, for the prior year's nine-month period.
- The company's adjusted net income, a non-GAAP measure, was $4.4 million for the quarter ended September 30, 2025, and $11.1 million for the nine months ended September 30, 2025.
- Key financial highlights include a 1.2% increase in net loans to $737.9 million and a 1.9% increase in deposits to $663.8 million at September 30, 2025, compared to December 31, 2024. Non-accrual loans also decreased by $500,000 to $3.5 million at September 30, 2025.
- BV Financial, Inc. announced a new stock repurchase program for up to 10% of its outstanding common stock, approximately 9,536,094 shares, which will expire on June 30, 2026. During the quarter ended September 30, 2025, the company repurchased 782,324 shares at an average price of $16.14.
Oct 20, 2025, 6:21 PM
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