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Financial statements

BV Financial, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data BV Financial, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2023FY2023FY2024FY2025
Interest expense3.439.19
Pre-tax income14.618.616.418.9
Income tax4.034.924.685.37
Net income10.513.711.713.5
EPS, basic1.321.471.101.44
EPS, diluted1.321.471.091.43
Shares, basic (weighted)7.959.310.79.38
Shares, diluted (weighted)7.979.3410.79.46

Balance sheet

FY2023FY2023FY2024FY2025
Cash and equivalents68.773.770.555.7
Property, plant and equipment15.214.313.212.5
Lease right-of-use assets0.621.130.930.71
Goodwill14.414.414.414.4
Intangible assets1.21.010.830.65
Total assets845885912912
Total liabilities747686716728
Total debt4937.349.935
Paid-in capital15.411094.768.8
Retained earnings84.697.8109123
Other comprehensive income-2.34-1.96-1.62-1.13
Shareholders' equity97.8199195184
Total equity97.8199195184
Total liabilities and equity845885912912
Shares outstanding7.9611.410.68.85

Cash flow statement

FY2023FY2023FY2024FY2025
Net income10.513.711.713.5
Depreciation and amortization0.860.860.820.79
Stock-based compensation0.260.361.914.16
Deferred income tax0.310.21-0.061.15
Cash from operations9.7115.216.119
Capital expenditures-0.5-0.16-0.61-0.24
Purchases of investments-5.08-6.92-14.5-16
Sales and maturities of investments7.865.4612.120.6
Cash from investing-27.8-35.2-32.5-13.3
Stock issued098
Share buybacks-17.7-30
Cash from financing-24.525.113.2-20.5
Net change in cash-42.55.09-3.24-14.8
Free cash flow9.211515.518.8
Interest paid3.439.1911.312.7
Income taxes paid4.034.925.893.01

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $20.87 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Effective tax rate31.2%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)7.1%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)1.5%Net income / average total assets.

Growth

MetricValueHow it is calculated
Net income growth, 1y15.1%Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y8.6%Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y31.2%EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y2.7%Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y18.4%Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y25.1%Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow growth, 1y21.6%Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y26.8%Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y-6.0%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y23.4%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y0.0%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y2.6%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y-11.7%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y5.9%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Liabilities / assets79.1%Total liabilities / total assets.
Goodwill and intangibles / assets1.7%(Goodwill + intangible assets) / total assets.
Tangible book value$168.2MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
FCF conversion137.1%Free cash flow / net income, when net income is positive.
Capex / operating cash flow0.0%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$1.59Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
FCF per share$2.17Free cash flow / diluted weighted shares.
Operating cash flow per share$2.17Cash from operations / diluted weighted shares.
Book value per share$21.50Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$19.74Tangible book value / shares outstanding.
Cash per share$8.09(Cash + short-term investments) / shares outstanding.
Buybacks / FCF174.8%Share buybacks / free cash flow, when free cash flow is positive.

Valuation

MetricValueHow it is calculated
Market cap$176.8MShare price x shares outstanding.
Enterprise value$107.9MMarket cap + total debt - cash - short-term investments.
P/E13.5xMarket cap / net income. Only when net income is positive.
P/B0.96xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.05xMarket cap / tangible book value, when positive.
P/FCF9.86xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF9.86xMarket cap / cash from operations, when positive.
EV/FCF6.01xEnterprise value / free cash flow, when both are positive.
FCF yield10.1%Free cash flow / market cap.
Earnings yield7.4%Net income / market cap (the inverse of P/E).
Shareholder yield17.7%(Dividends paid + share buybacks) / market cap.
PEG5.00xP/E / EPS growth per year over 3 years (in percent). Only when both are positive.
Was BV Financial, Inc. profitable in fiscal 2025?

Yes. Net income was $13.5M, a net margin of -.

How much free cash flow did BV Financial, Inc. generate in fiscal 2025?

Cash from operations of $19.0M minus capital expenditures of $237.0K left free cash flow of $18.8M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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