The bank maintains a conservative capital structure with an equity-to-assets ratio of 20%, providing a substantial buffer despite a sharp contraction in cash holdings to $6.9 million in 2026Q1.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'09 | Jun'08 | Jun'07 | Jun'06 | Jun'05 | Jun'04 | Jun'03 |
|---|
| Cash & Short Term Investments | 288.59M | 80.84M | 96.94M | 108.52M | 101.69M | 148.98M | 124.45M | 32.58M | 23.55M | 23.06M | -8.19M | 0 | 0 | 0 | 0 | 3.28M | 2.33M | 1.75M | 7.72M | 7.32M | 6.21M | 0 |
| Cash & Due from Banks | 6.91M | 55.7M | 70.5M | 73.74M | 68.65M | 111.19M | 91.99M | 24.23M | 10.47M | 10.08M | -8.19M | 0 | 0 | 0 | 0 | 3.28M | 2.33M | 1.75M | 7.72M | 7.32M | 6.21M | 0 |
| Short Term Investments | 32.89M | 25.13M | 26.44M | 34.78M | 33.03M | 37.79M | 32.46M | 8.35M | 13.08M | 12.98M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 768.2M | 787.85M | 772.87M | 741.49M | 702.85M | 626.29M | 642.66M | 247.5M | 143.62M | 146.94M | 5.32M | 6.22M | 7.07M | 14.34M | 5.18M | 131.95M | 143.47M | 122.01M | 120.49M | 103.74M | 82.26M | 5.65M |
| Investments Growth % | 13% | 1.94% | 4.23% | 5.5% | 12.22% | -2.55% | 159.66% | 72.33% | -2.26% | 2662.64% | -14.53% | -11.97% | -50.69% | 176.47% | -96.07% | -8.03% | 17.59% | 1.26% | 16.14% | 26.12% | 1356.65% | - |
| Long-Term Investments | 3.02B | 762.72M | 746.43M | 706.71M | 669.81M | 588.5M | 610.19M | 239.15M | 130.54M | 133.97M | 5.32M | 6.22M | 7.07M | 14.34M | 5.18M | 131.95M | 143.47M | 122.01M | 120.49M | 103.74M | 82.26M | 5.65M |
| Accounts Receivables | 2.99M | 3.15M | 3.16M | 3.28M | 2.95M | 2.58M | 2.94M | 992K | 498K | 574K | 0 | 0 | 0 | 0 | 0 | 592K | 670K | 538K | 494K | 417K | 344K | 0 |
| Goodwill & Intangibles | 15.03M | 15.07M | 15.25M | 15.43M | 15.62M | 15.71M | 14.3M | 2.33M | 143K | 148K | 120K | 163K | 174K | 205K | 0 | 280K | 4.33M | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 14.42M | 14.42M | 14.42M | 14.42M | 14.42M | 14.42M | 12.83M | 1.12M | 120K | 120K | 120K | 120K | 119K | 119K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 606K | 651K | 831K | 1.01M | 1.2M | 1.29M | 1.47M | 1.21M | 23K | 28K | 0 | 43K | 55K | 86K | 0 | 280K | 4.33M | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 12.31M | 12.49M | 13.22M | 14.25M | 15.18M | 15.05M | 15.48M | 5.83M | 4.12M | 4.29M | 4.57M | 4.72M | 6.47M | 6.62M | 5.17M | 3.08M | 3.12M | 2.4M | 2.48M | 2.57M | 2.64M | 1.63M |
| Other Assets | 123.9M | 30.38M | 27.92M | 28.09M | 30.61M | 35.98M | 40.05M | 10.25M | 6.78M | 6.47M | 141.88M | 139.04M | 143.39M | 142.43M | -12.88M | 13M | 10.11M | 7.32M | 4.79M | 3.75M | 6.2M | 67.38M |
| Total Current Assets | 9.9M | 83.99M | 100.1M | 111.8M | 104.64M | 151.57M | 127.39M | 33.57M | 24.04M | 23.63M | 14.37M | 16.5M | 18.29M | 18.93M | 0 | 3.87M | 3M | 2.28M | 8.22M | 7.74M | 6.55M | 10.24M |
| Total Non-Current Assets | 900.96M | 828.23M | 811.72M | 773.45M | 740.33M | 663.56M | 688.18M | 260.61M | 143.16M | 147.46M | 154.93M | 153.19M | 160.12M | 166.76M | 0 | 150.68M | 161.02M | 131.73M | 127.77M | 110.06M | 91.1M | 74.65M |
| Total Assets | 910.86M | 912.21M | 911.82M | 885.25M | 844.96M | 815.13M | 817.5M | 294.85M | 167.29M | 171.23M | 169.3M | 169.69M | 178.42M | 185.69M | 148.66M | 154.55M | 164.03M | 134.01M | 135.98M | 117.8M | 97.66M | 84.89M |
| Asset Growth % | 1.95% | 0.04% | 3% | 4.77% | 3.66% | -0.29% | 177.26% | 76.25% | -2.3% | 1.14% | -0.23% | -4.89% | -3.92% | 24.92% | -3.81% | -5.77% | 22.4% | -1.45% | 15.44% | 20.63% | 15.03% | - |
| Return on Assets (ROA) | 1.37% | 1.48% | 1.3% | 1.58% | 1.27% | 1.16% | 1.37% | 1.07% | 0.05% | 0.38% | -0.07% | 0.41% | 0.38% | 0.29% | 0.71% | -1.71% | -0.22% | 0.07% | 0.35% | 0.52% | 0.59% | 0.46% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 35M | 35M | 49.88M | 37.25M | 49.04M | 36.83M | 54.66M | 6M | 3M | 3.06M | 3.11M | 3.21M | 3.21M | 3.27M | 0 | 883K | 7.5M | 13.5M | 14.5M | 5M | 0 | 467K |
| Net Debt | 28.09M | -20.7M | -20.62M | -36.49M | -19.61M | -74.36M | -37.34M | -18.23M | -7.47M | -7.02M | 11.3M | 3.21M | 3.21M | 3.27M | 0 | -2.4M | 5.17M | 11.75M | 6.78M | -2.32M | -6.21M | 467K |
| Long-Term Debt | 15M | 35M | 49.88M | 37.25M | 49.04M | 36.83M | 51.66M | 3M | 3M | 3.06M | 3.11M | 3.21M | 3.21M | 3.27M | 0 | 0 | 7.5M | 13.5M | 14.5M | 5M | 0 | 0 |
| Short-Term Debt | 20.21M | 0 | 0 | 0 | 171K | 0 | 3M | 3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 883K | 0 | 0 | 0 | 0 | 0 | 467K |
| Other Liabilities | 691.53M | 17.32M | 14.95M | 14.82M | 13.55M | 14.83M | 11.79M | 4.36M | 0 | 0 | 3.79M | 92.51M | 4.11M | 4.92M | 0 | 2.4M | 3.15M | 3.8M | 5.81M | 2.95M | 2.73M | 21.9M |
| Total Current Liabilities | 20.21M | 676.09M | 651.49M | 634.12M | 684.62M | 680.02M | 678.1M | 220.82M | 138.69M | 142.6M | 50.05M | 52.77M | 150.8M | 158M | 0 | 138.5M | 137.03M | 98.49M | 97.09M | 91.4M | 87.01M | 55.54M |
| Total Non-Current Liabilities | 707.01M | 52.31M | 64.83M | 52.07M | 62.59M | 51.66M | 63.45M | 7.36M | 6.87M | 6.86M | 98.27M | 95.91M | 7.33M | 8.19M | 0 | 2.4M | 10.65M | 17.3M | 20.31M | 7.95M | 2.73M | 21.9M |
| Total Liabilities | 727.22M | 728.41M | 716.32M | 686.19M | 747.21M | 731.68M | 743.48M | 228.85M | 145.64M | 149.6M | 148.31M | 148.69M | 158.13M | 166.18M | 132.83M | 140.9M | 147.68M | 115.79M | 117.4M | 99.35M | 89.74M | 77.44M |
| Total Equity | 183.64M | 183.8M | 195.5M | 199.06M | 97.75M | 83.45M | 74.02M | 66M | 21.65M | 21.62M | 20.98M | 21.06M | 20.29M | 19.51M | 15.83M | 13.65M | 16.34M | 18.22M | 18.58M | 18.45M | 7.91M | 7.45M |
| Equity Growth % | -26.22% | -5.98% | -1.79% | 103.65% | 17.14% | 12.73% | 12.15% | 204.86% | 0.13% | 3.05% | -0.37% | 3.82% | 3.96% | 23.26% | 15.98% | -16.49% | -10.28% | -1.95% | 0.72% | 133.11% | 6.17% | - |
| Equity / Assets (Capital Ratio) | 20.16% | 20.15% | 21.44% | 22.49% | 11.57% | 10.24% | 9.05% | 22.38% | 12.94% | 12.63% | 12.39% | 12.41% | 11.37% | 10.51% | 10.65% | 8.83% | 9.96% | 13.59% | 13.66% | 15.66% | 8.1% | 8.78% |
| Return on Equity (ROE) | 6.61% | 7.12% | 5.94% | 9.24% | 11.62% | 11.99% | 10.92% | 5.64% | 0.42% | 3.07% | -0.57% | 3.45% | 3.46% | 2.76% | 7.28% | -18.12% | -1.91% | 0.49% | 2.37% | 4.26% | 7.05% | 5.29% |
| Book Value per Share | 21.88 | 21.43 | 18.34 | 21.35 | 12.26 | 11.69 | 10.39 | 10.22 | 7.23 | 7.24 | 7.06 | 7.07 | 7.76 | 8.07 | 6.73 | 5.90 | 6.90 | 7.52 | 7.20 | 6.97 | 3.11 | 2.93 |
| Tangible BV per Share | 20.09 | 19.67 | 16.91 | 19.69 | 10.30 | 9.49 | 8.38 | 9.86 | 7.18 | 7.19 | 7.02 | 7.01 | 7.69 | 7.98 | 6.73 | 5.78 | 5.07 | 7.52 | 7.20 | 6.97 | 3.11 | 2.93 |
| Common Stock | 87K | 88K | 106K | 114K | 74K | 71K | 73K | 73K | 32K | 32K | 32K | 32K | 32K | 32K | 26K | 26K | 26K | 26K | 26K | 26K | 0 | 0 |
| Additional Paid-in Capital | 67.56M | 68.83M | 94.68M | 110.47M | 15.41M | 9.38M | 10.92M | 10.89M | 10.85M | 10.85M | 10.86M | 10.9M | 10.91M | 10.91M | 11M | 11.12M | 11.12M | 11.08M | 10.99M | 10.92M | 0 | 0 |
| Retained Earnings | 124.08M | 122.99M | 109.5M | 97.77M | 84.61M | 74.09M | 64.65M | 57M | 13.02M | 12.91M | 12.26M | 12.38M | 11.66M | 10.97M | 7.24M | 5.24M | 8.13M | 8.87M | 8.94M | 8.5M | 7.94M | 7.39M |
| Accumulated OCI | -1.17M | -1.13M | -1.62M | -1.96M | -2.34M | -96K | 361K | 14K | -208K | -55K | -188K | -267K | -342K | -427K | -454K | 20K | -793K | -1.76M | -1.38M | -1M | -23K | 59K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | -1.98M | -1.98M | -1.98M | -1.98M | -1.98M | -1.98M | -1.98M | -1.98M | -1.98M | -2.07M | -2.14M | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Regional Real Estate Concentration
As reported in recent financial statements, BVFL's total assets have remained remarkably flat, hovering near $910 million since early 2025, which suggests a conservative growth strategy that prioritizes capital preservation over aggressive expansion within the competitive Baltimore-Washington metropolitan corridor's regional banking landscape.
The lack of meaningful asset growth indicates that management is likely exercising caution in deploying capital into new loan originations. This stability may reflect a deliberate choice to avoid over-leveraging in a regional market where real estate collateral values are subject to localized economic volatility.
Based on the provided balance sheet data, BVFL maintains a robust equity-to-assets ratio of approximately 20% as of 2026Q1, which significantly exceeds typical regulatory minimums and suggests a fortress-like capital position that provides a substantial buffer against potential credit losses in the loan portfolio.
This high capital ratio implies that the bank is well-positioned to absorb shocks without needing to dilute existing stakeholders or seek external financing. Investors should monitor whether this excess capital is eventually deployed for accretive acquisitions or if it remains underutilized, potentially suppressing long-term return on equity.
According to the latest quarterly filings, investment securities account for over 84% of BVFL's total assets as of 2026Q1, a concentration that warrants further investigation into the duration risk and potential unrealized losses embedded within the portfolio during periods of shifting interest rate environments.
The heavy reliance on securities rather than a traditional loan-heavy balance sheet suggests a defensive liquidity posture. While this provides immediate access to cash, it may limit the bank's ability to capture higher yields that would otherwise be available through active commercial lending in the local market.
As indicated by the historical balance sheet, the bank's cash position experienced a sharp contraction from $55.7 million in 2025Q4 to $6.9 million in 2026Q1, a development that may indicate a sudden shift in liquidity management or an urgent need to fund operational requirements.
This rapid depletion of cash reserves warrants close scrutiny, as it deviates from the bank's historical pattern of maintaining higher liquidity levels. Analysts should investigate whether this reflects a strategic reallocation of assets or a potential strain on the bank's ability to meet short-term obligations.
Quick answers to the most common questions about buying BVFL stock.
As of 2025, BV Financial, Inc. (BVFL) had total assets of $912.2M including $84.0M in current assets.
BV Financial, Inc. (BVFL) carries total debt of $35.0M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
BV Financial, Inc. (BVFL) has total shareholders' equity (book value) of $183.8M ($21.43 book value per share). Book value represents the net worth of the company belonging to common stock holders.
BV Financial, Inc. (BVFL) reported a current ratio of 0.12x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.