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BVFL on Nasdaq

BV Financial, Inc.

American savings institution company, incorporated in Maryland1

In its 2026 annual report the company says: “The Company is a registered bank holding company subject to comprehensive regulation and examination by the Board of Governors of the Federal Reserve System.”9 It is headquartered in Baltimore, Maryland.1 Its shares trade on Nasdaq under the symbol BVFL.1

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Last updated Oct 21, 2026.

Overview

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  • TickerBVFL on Nasdaq1
  • IndustrySavings Institution, Federally Chartered1
  • HeadquartersBaltimore, Maryland1
  • Incorporated inMD2
  • Business address7114 North Point Road, Baltimore, Md 212192
  • Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Debit Card brought in 60% of the revenue BV Financial, Inc. broke down this way in fiscal 2025.

  1. Debit Card$706.0K460%up 0% from 2024
  2. Deposit Account$462.0K440%up 8% from 2024
Products and services by year
Products and services20242025
Debit Card$706.0K$706.0K
Deposit Account$426.0K$462.0K

Financial statements

Net income564$13.5M in 2025+28% since 2022
0$5.0M$10.0M$15.0M2022: $10.5M$10.5M20222023: $13.7M$13.7M2023+30%2024: $11.7M$11.7M2024−14%2025: $13.5M$13.5M2025+15%

Every line of the income statement as filed: the last 2 fiscal years, latest first.4

Period ending2025-12-312024-12-31
Loans, including fees$45.6M$41.0M
Investment securities available for sale$1.3M$1.3M
Investment securities held to maturity$185.0K$314.0K
Other interest income$2.6M$4.0M
Total interest income$49.7M$46.7M
Interest on deposits$10.7M$9.0M
Interest on FHLB borrowings$279.0K$2.0K
Interest on subordinated debentures$1.8M$2.5M
Total interest expense$12.8M$11.5M
Net interest income$36.9M$35.2M
Recovery of credit losses-$2.4M-$203.0K
Net interest income after (recovery of) provision for credit losses$39.3M$35.4M
Income from investment in life insurance$383.0K$400.0K
Gain on foreclosed real estate$26.0K
Loss on sale of fixed assets-$32.0K
Other income$1.2M$982.0K
Total noninterest income$2.7M$2.5M
Compensation and related benefits$16.2M$14.0M
Occupancy$1.6M$1.6M
Data processing$1.5M$1.5M
Advertising$37.0K$23.0K
Professional fees$933.0K$1.0M
Equipment$370.0K$396.0K
Foreclosed real estate and holding costs$5.0K$13.0K
Amortization of intangible assets$180.0K$181.0K
FDIC insurance premiums$330.0K$326.0K
Other$1.9M$2.5M
Total noninterest expense$23.2M$21.5M
Net income before tax$18.9M$16.4M
Income tax expense$5.4M$4.7M
Net income$13.5M$11.7M
Basic earnings per share$1.44$1.10
Diluted earnings per share$1.43$1.09

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Corporate structure

BV Financial, Inc. sits at the top of its group. 5 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of BV Financial, Inc.

  • AllianceBernstein Filed SCHEDULE 13G/A on BV Financial, Inc., latest Aug 14, 2026 (3 filings since Feb 14, 2024)
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on BV Financial, Inc., latest Mar 26, 2026 (2 filings since Oct 30, 2025)
  • BayVanguard Bank Employee Stock Ownership Plan Trust Filed SCHEDULE 13G/A on BV Financial, Inc., latest Feb 11, 2026 (2 filings since Feb 10, 2025)
  • Fourthstone LLC Filed SCHEDULE 13G/A on BV Financial, Inc., latest Nov 14, 2025 (3 filings since Feb 14, 2025)
  • BlackRock Filed SCHEDULE 13G on BV Financial, Inc., latest Oct 17, 2025
  • Newtyn Management, LLC Filed SCHEDULE 13G/A on BV Financial, Inc., latest Feb 14, 2025 (3 filings since Feb 14, 2024)
  • BV Financial, Inc. Baltimore, Maryland
    • 1920 Rock Spring Road, LLC Subsidiary · Maryland, United States
    • BayVanguard Bank Subsidiary · Maryland, United States
    • BV Real Estate, LLC Subsidiary · Maryland, United States
    • Idlewild Properties, LLC Subsidiary · Maryland, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What BV Financial, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$18.7M4 Dec 31, 2025$18.8M4 Dec 31, 2024−0.6%
Accumulated depreciation$6.2M4 Dec 31, 2025$5.6M4 Dec 31, 2024+11.1%
Property and equipment, net$12.5M4 Dec 31, 2025$13.2M4 Dec 31, 2024−5.5%
Operating-lease assets (leased space)$709.0K4 Dec 31, 2025$926.0K4 Dec 31, 2024−23.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$55.7M4 Dec 31, 2025$70.5M4 Dec 31, 2024−21.0%
Debt securities available for sale$33.2M4 Dec 31, 2025$37.3M4 Dec 31, 2024−10.8%
Debt securities held to maturity$5.7M4 Dec 31, 2025$6.0M4 Dec 31, 2024−4.1%
Deposits held (banks)$676.1M4 Dec 31, 2025$651.5M4 Dec 31, 2024+3.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$14.4M4 Dec 31, 2025$14.4M4 Dec 31, 20240%
Intangible assets, net (excluding goodwill)$651.0K4 Dec 31, 2025$831.0K4 Dec 31, 2024−21.7%
Finite-lived intangibles, net$651.0K4 Dec 31, 2025$831.0K6 Dec 31, 2024−21.7%

Properties, in its own words

We conduct our operations from our main office, 12 branch offices which are located in Baltimore City, Anne Arundel, Baltimore, Dorchester, Harford and Talbot Counties, Maryland. We own our main office and eight of our branch offices and lease the remaining four branch offices. At December 31, 2025, the net book value of our premises and equipment was $12.5 million.

Item 2 of the 10-K filed Mar 27, 2026.9

Leadership

Who has led BV Financial, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. David M. Flair2023–now
  2. Timothy L. Prindle2023–2024

Chair

  1. Edmund T. Leonard2006–2007

President

  1. David M. Flair2023–now
  2. Timothy L. Prindle2023–2024

Chief financial officer

  1. Edmund T. Leonard2006–2007
  2. Michael J. Dee2023–now
2010201520202025
Board members and other officers (16)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • 1920 Rock Spring Road, LLC Maryland3
  • BV Real Estate, LLC Maryland3
  • BayVanguard Bank Maryland3
  • Idlewild Properties, LLC Maryland3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Jul 24, 20268-K Results of operations27
  2. Jun 1, 20268-K Other events28
  3. May 8, 20268-K Shareholder vote29
  4. May 6, 20268-K Other events30
  5. Apr 24, 20268-K Results of operations31
  6. Feb 23, 20268-K Change of auditor32
  7. Jan 23, 20268-K Executive or director change33
  8. Jan 23, 20268-K Results of operations34
  9. Oct 20, 20258-K Results of operations35
  10. Jul 18, 20258-K Results of operations36
  11. May 9, 20258-K Shareholder vote37
  12. Apr 18, 20258-K Results of operations38
  13. Jul 31, 2023New chief executive Timothy L. Prindle becomes CEO11
  14. Jul 31, 2023New chief executive David M. Flair becomes CEO10

Calendar

Coming up

  1. Oct 23, 2026Reports results for the quarter ending Sep/202639

When it reported results

  1. Jul 24, 2026Reported quarterly or annual results27
  2. Apr 24, 2026Reported quarterly or annual results31
  3. Jan 23, 2026Reported quarterly or annual results34
  4. Oct 20, 2025Reported quarterly or annual results35
  5. Jul 18, 2025Reported quarterly or annual results36
  6. Apr 18, 2025Reported quarterly or annual results38
  7. Jan 28, 2025Reported quarterly or annual results40
  8. Jul 19, 2024Reported quarterly or annual results41

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

162 filings to the SEC since October 2021: 3 annual reports, 11 quarterly reports, 31 major events, 61 insider forms, 15 large holders, 41 other. The latest 20:

  1. Aug 14, 2026SCHEDULE 13G/A EDGAR
  2. Aug 12, 202610-Q EDGAR
  3. Jul 24, 20268-K EDGAR
  4. Jul 7, 202611-K EDGAR
  5. Jun 30, 2026NT 11-K EDGAR
  6. Jun 15, 20264 EDGAR
  7. Jun 11, 20264 EDGAR
  8. Jun 10, 20264 EDGAR
  9. Jun 8, 20264 EDGAR
  10. Jun 4, 20264 EDGAR
  11. Jun 1, 2026144 EDGAR
  12. Jun 1, 20268-K EDGAR
  13. May 29, 20264 EDGAR
  14. May 29, 20264 EDGAR
  15. May 27, 20264 EDGAR
  16. May 26, 2026144 EDGAR
  17. May 12, 20264 EDGAR
  18. May 11, 20264 EDGAR
  19. May 11, 20264/A EDGAR
  20. May 11, 202610-Q EDGAR

The 162 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

30 open-market trades by officers, directors and large owners since October 2021: 1 buys and 29 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 12, 2026Galli Joseph SDirectorSale3,080$19.82$61.1KForm 4
Jun 11, 2026Galli Joseph SDirectorSale8,122$19.84$161.1KForm 4
Jun 10, 2026Galli Joseph SDirectorSale5,000$19.85$99.2KForm 4
Jun 9, 2026Galli Joseph SDirectorSale5,113$19.75$101.0KForm 4
Jun 8, 2026Galli Joseph SDirectorSale185$19.90$3.7KForm 4
Jun 5, 2026Galli Joseph SDirectorSale3,060$19.93$61.0KForm 4
Jun 2, 2026Galli Joseph SDirectorSale114$19.80$2.3KForm 4
May 28, 2026Galli Joseph SDirectorSale3,404$19.94$67.9KForm 4
May 27, 2026Galli Joseph SDirectorSale2,027$19.90$40.3KForm 4
May 26, 2026Galli Joseph SDirectorSale1,067$19.90$21.2KForm 4
May 11, 2026Galli Joseph SDirectorSale169$20.00$3.4KForm 4
May 8, 2026Galli Joseph SDirectorSale5,000$20.00$100.0KForm 4
May 8, 2026Galli Joseph SDirectorSale5,000$20.00$100.0KForm 4
May 7, 2026Galli Joseph SDirectorSale5,000$20.00$100.0KForm 4
Apr 28, 2026Galli Joseph SDirectorSale6,000$20.13$120.8KForm 4
Feb 26, 2026Galli Joseph SDirectorSale1,500$19.64$29.5KForm 4
Jul 23, 2025Galli Joseph SDirectorSale15,250$16.17$246.6KForm 4
Jul 22, 2025Galli Joseph SDirectorSale13,303$16.09$214.0KForm 4
Jun 2, 2025Galli Joseph SDirectorSale500$15.75$7.9KForm 4
May 29, 2025Amereihn Gary T.DirectorSale1,684$15.65$26.4KForm 4

All 30 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Timothy L. PrindleCo-$447.5K$857.2K48
2025David M. FlairCo-$447.5K$842.5K48
2025Michael J. Dee,$255.2K$413.9K48
2025Gregory J. Olinde,$221.8K$367.6K48
2024President and Chief$434.5K$3.4M48
2024Executive VicePresident$247.7K$1.1M48

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 67. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Alliancebernstein L.P.764,934$14.6M0.0%−70,231
BlackRock, Inc.593,526$12.6M0.0%+26,181
Vanguard Capital Management LLC305,938$6.5M0.0%−65,519
Geode Capital Management, LLC174,351$3.7M0.0%+8,843
Gendell Jeffrey L141,262$3.0M0.0%No change
Oppenheimer & Close, LLC134,533$2.8M1.8%No change
Dimensional Fund Advisors LP128,692$2.7M0.0%+7,759
Arrowstreet Capital, Limited Partnership115,248$2.4M0.0%No change
State Street Corp100,798$2.1M0.0%−5,244
Stilwell Value LLC80,000$1.7M1.0%−10,000
Beartown Capital Management, LLC60,616$1.3M0.6%No change
Northern Trust Corp52,896$1.1M0.0%+2,428
Goldman Sachs Group Inc51,050$1.1M0.0%−11,702
Vanguard Fiduciary Trust Co45,934$972.9K0.0%+453
Vanguard Portfolio Management LLC45,499$963.7K0.0%+5,665
Hsbc Holdings PLC39,888$855.8K0.0%+1,965
Panagora Asset Management Inc28,375$601.0K0.0%+90
Morgan Stanley26,775$567.1K0.0%+4,968
Bridgeway Capital Management, LLC25,149$532.7K0.0%+1,578
Barclays PLC22,779$482.5K0.0%−299
Strs Ohio22,500$476.6K0.0%+9,400
Bank Of America Corp /de/22,215$470.5K0.0%−1,556
Empowered Funds, LLC22,149$469.1K0.0%+1,578
Charles Schwab Investment Management Inc21,941$464.7K0.0%+1,785
Courier Capital LLC20,913$442.9K0.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How BV Financial, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBV Financial, Inc.1
  • CIK0001302387
  • Employer ID (EIN)14-19209449
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; not a shell company9
  • Incorporated inMaryland9
  • Fiscal year endsDecember 311
  • Industry code (SIC)6035 Savings Institution, Federally Chartered1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address7114 North Point Road, Baltimore, MD 212191
  • Phone410-477-50001
  • Shares outstanding8,470,604 as of Aug 7, 20268
  • Public float$128.4M as of Jun 30, 20259
  • AuditorForvis Mazars, LLP, Tysons, Virginia, United States PCAOB ID 686; no auditor attestation of internal control over financial reporting9
  • On EDGAR sinceSep 17, 20041
  • Filings306 in all: 4 (90), 8-K (57), 3 (26), 10-Q (14), 10QSB (11), 144 (9), ARS (8), CORRESP (8)1
    All 40 form types

    DEF 14A (8), SCHEDULE 13G/A (7), UPLOAD (7), 10-K (5), 424B3 (5), SC 13G (5), 11-K (4), S-8 (4), SCHEDULE 13G (4), 10KSB (3), 10KSB/A (3), S-1/A (3), 4/A (2), DEFA14A (2), EFFECT (2), S-8 POS (2), SB-2/A (2), 15-12G (1), 3/A (1), 8-A12B (1), 8-A12G (1), 8-K/A (1), CERT (1), D (1), D/A (1), NT 11-K (1), POS AM (1), S-1 (1), SB-2 (1), SC 13D (1), SC 13G/A (1), SE (1)

  • Latest filingsAnnual report (10-K) Mar 27, 2026
    Quarterly report (10-Q) Aug 12, 2026
    Proxy statement (DEF 14A) Apr 2, 2026
    Latest 8-K (8-K) Jul 24, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.01 per shareBVFLThe NASDAQ Stock Market LLC

From the cover page of the 10-K filed Mar 27, 2026 (Section 12(b) of the Exchange Act).9

Risk factors and legal proceedings

The risks BV Financial, Inc. names in Item 1A of its 10-K filed Mar 27, 2026: 35 risks under these headings, as written.9

  • Risks Related to Our Lending Activities
  • Our emphasis on commercial real estate lending involves credit risks that could adversly affect our financial condition and results of operations.
  • Our historical emphasis on residential mortgage loans exposes us to lending risks.
  • Our non-owner occupied commercial real estate loans and one- to four-family residential real estate loans may expose us to increased credit risk.
  • The geographic concentration of our loan portfolio and lending activities makes us vulnerable to a downturn in our local market areas.
  • If our allowance for credit losses is not sufficient to cover actual credit losses, our earnings could decrease.
  • Risks Related to Market Interest Rates
  • Changes in interest rates could reduce our profits and asset values.
  • Risks Related to Economic Conditions
  • A worsening of economic conditions in our market area could reduce demand for our products and services and/or result in increases in our level of non-performing loans, which could adversely affect our operations, financial condition and earnings.
  • We have a high concentration of loans secured by real estate in our market area. Adverse economic conditions, both generally and in our market area, could adversely affect our financial condition and results of operations.
  • Inflation can have an adverse impact on our business and on our customers.
The other 26 risks
  • Changes to trade policies and tariffs can have an adverse impact on our business and our customers.
  • Interruption of our customers' supply chains could negatively impact their business and operations and impact their ability to repay their loans.
  • Risks Related to Our Funding
  • Our inability to generate core deposits may cause us to rely more heavily on wholesale funding strategies for funding and liquidity needs, which could have an adverse effect on our net interest margin and profitability.
  • A lack of liquidity could adversely affect our financial condition and results of operations and result in regulatory limits being placed on the Company.
  • Risks Related to Laws and Regulations
  • Changes in laws and regulations and the cost of regulatory compliance with new laws and regulations may adversely affect our operations and/or increase our costs of operations.
  • Non-compliance with the USA PATRIOT Act, Bank Secrecy Act, or other laws and regulations could result in fines or sanctions.
  • The fiscal, monetary and regulatory policies of the federal government and its agencies could adversely affect our business, financial condition and results of operations.
  • We are subject to stringent capital requirements, which may adversely impact our return on equity, require us to raise additional capital, or limit our ability to pay dividends or repurchase shares.
  • We are an emerging growth company, and any decision on our part to comply only with certain reduced reporting and disclosure requirements applicable to emerging growth companies could make our common stock less attractive to investors.
  • We are a smaller reporting company and, even if we no longer qualify as an emerging growth company, any decision on our part to comply only with certain reduced reporting and disclosure requirements applicable to smaller reporting companies could make our common stock less attractive to investors.
  • Risks Related to our Business Strategy
  • Our business strategy includes growth, and our financial condition and results of operations could be negatively affected if we fail to grow or fail to manage our growth effectively. Growing our operations could also cause our expenses to increase faster than our revenues.
  • We depend on our management team to implement our business strategy and execute successful operations and we could be harmed by the loss of their services.
  • Risks Related to Competitive Matters
  • Strong competition within our market area may limit our growth and profitability.
  • Risks Related to Operational Matters
  • We face significant operational risks because of our reliance on technology. Our information technology systems may be subject to failure, interruption or security breaches.
  • The failure to maintain current technologies, and the costs to update technology, could negatively impact the Corporation's business and financial results.
  • While our Board of Directors takes an active role in cybersecurity risk tolerance, we rely to a large degree on management and outside consultants in overseeing cybersecurity risk management.
  • While our Board of Directors, through the Enterprise Risk Management Committee, monitors our risk exposure, we outsource critical operations to third-party service providers. Systems failures, interruptions and cybersecurity breaches could have a material adverse effect on us.
  • Risks Related to Accounting Matters
  • Changes in management’s estimates and assumptions may have a material impact on our consolidated financial statements and our financial condition or operating results.
  • Changes in accounting standards could affect reported earnings.
  • Risks Related to Acquisitions and Growth
  • Acquisitions may disrupt our business and dilute stockholder value.
  • We must successfully integrate the operations and retain the customers of our acquired institutions.
  • Other Risks Related to Our Business
  • We are a community bank and our ability to maintain our reputation, which is critical to the success of our business, may materially adversely affect our performance.
  • Societal responses to climate change could adversely affect our business and performance, including indirectly through impacts on our customers.
  • Risks Related to Our Common Stock
  • Our stock price can be volatile.
  • The limited liquidity of our common stock may limit your ability to trade our shares and may impact the value of our common stock.
  • Anti-takeover provisions could negatively impact our shareholders.

Legal proceedings

Periodically, we are involved in claims and lawsuits, such as claims to enforce liens, condemnation proceedings on properties in which we hold security interests, claims involving the making and servicing of real property loans and other issues incident to our business. At December 31, 2025, we were not a party to any pending legal proceedings that we believe would have a material adverse effect on our financial condition, results of operations or cash flows.

The opening of Item 3, Legal Proceedings.9

Sources

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