Filing Analysis
BV Financial, Inc. filed an 8-K to furnish its quarterly earnings press release for the period ended June 30, 2026. The filing contains no material changes to operations or financial position beyond standard reporting.
📋 Key Facts
- Report date: July 24, 2026
- Reporting period: Quarter ended June 30, 2026
- The company is the holding company for BayVanguard Bank
- Filing includes Exhibit 99.1 (Press Release)
BV Financial, Inc. announced that Timothy L. Prindle, the current President and CEO, has been elected as Chairman of the Board. To balance this consolidation of power, the company concurrently appointed William B. Crompton, III as Lead Independent Director.
🚩 Red Flags
- Consolidation of Chairman and CEO roles can reduce independent oversight of management.
📋 Key Facts
- Timothy L. Prindle now holds the combined roles of Chairman, President, and CEO as of June 1, 2026.
- William B. Crompton, III was appointed as Lead Independent Director to provide independent oversight.
- The Board stated the combined role is intended to align operations with the company's strategic plan.
- The Lead Independent Director is tasked with meeting with independent directors without management present.
BV Financial, Inc. reported the results of its Annual Meeting of Stockholders held on May 7, 2026. Shareholders elected three directors to three-year terms and ratified the appointment of Crowe LLP as the company's independent auditor for the 2026 fiscal year.
📋 Key Facts
- Annual Meeting of Stockholders was held on May 7, 2026.
- Directors Gary T. Amereihn, P. David Bramble, and Brian K. McHale were elected for three-year terms.
- Crowe LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2026.
- Director Gary T. Amereihn received 3,545,513 'For' votes and 1,656,754 'Withheld' votes, representing a notable minority of withheld votes (approximately 31.8% of votes cast for his seat).
BV Financial, Inc. announced it received regulatory non-objection from the Federal Reserve Bank of Richmond to initiate a new stock repurchase program. The program authorizes the buyback of up to 10% of the company's outstanding common stock.
📋 Key Facts
- The Federal Reserve Bank of Richmond issued a non-objection on May 5, 2026.
- The program allows for the repurchase of approximately 861,000 shares, representing 10% of outstanding common stock.
- The new program will commence after the completion of the current program, which has 45,000 shares remaining.
- Repurchases may occur via open market, private transactions, block trades, or Rule 10b5-1 trading plans.
BV Financial, Inc. announced its financial results for the first quarter ended March 31, 2026. The disclosure was made via a press release furnished as an exhibit to the 8-K filing.
📋 Key Facts
- The filing reports financial results for the quarter ended March 31, 2026.
- BV Financial, Inc. is the holding company for BayVanguard Bank.
- The report was filed under Item 2.02 (Results of Operations and Financial Condition).
- The press release was issued on April 24, 2026.
BV Financial, Inc. has dismissed Forvis Mazars, LLP as its independent registered public accounting firm and appointed Crowe LLP for the fiscal year ending December 31, 2026. The transition will occur after Forvis Mazars completes the audit for the fiscal year ended December 31, 2025.
📋 Key Facts
- The Audit Committee approved the dismissal of Forvis Mazars, LLP on February 20, 2026.
- Crowe LLP was concurrently approved as the new independent auditor for the fiscal year ending December 31, 2026.
- Forvis Mazars' audit reports for 2023 and 2024 contained no adverse opinions or qualifications.
- There were no disagreements with Forvis Mazars on accounting principles, practices, or financial statement disclosures during the fiscal years 2023, 2024, or the subsequent interim period.
- No 'reportable events' were identified in connection with the change in auditors.
BV Financial, Inc. filed an 8-K to announce its financial results for the fiscal quarter ended December 31, 2025. The filing serves as a formal announcement of the earnings release via press release.
📋 Key Facts
- Report date: January 23, 2026
- Reporting period: Quarter ended December 31, 2025
- The company is the holding company for BayVanguard Bank
- Financial results were released via press release (Exhibit 99.1)
BV Financial, Inc. announced the resignation of Co-President and Co-CEO David M. Flair effective January 22, 2026. The departure includes a significant separation package and a transition into a consulting role through September 2028.
🚩 Red Flags
- Departure of a key executive (Co-CEO) often signals internal instability or strategic shifts.
- Significant cash outflow: The $2.14M lump sum payment represents a material liquidity event for a micro-cap company.
- Extended consulting period: A multi-year consulting arrangement through 2028 suggests a prolonged transition or potential dependency on the departing executive.
📋 Key Facts
- David M. Flair resigned as Co-President, Co-CEO, and Director of BV Financial, Inc. and BayVanguard Bank on January 22, 2026.
- The Company will pay Mr. Flair a lump sum of $2,142,182 (less withholdings) plus his earned fiscal year 2025 bonus.
- Mr. Flair will receive benefits under the Salary Continuation Plan at an annual rate of $60,000.
- A consulting arrangement has been established from January 22, 2026, to September 7, 2028.
- Under the consulting agreement, Mr. Flair will vest in specific equity grants (restricted stock and options) on September 6 of 2026, 2027, and 2028.
BV Financial, Inc. filed an 8-K to furnish its quarterly press release regarding financial results for the period ending September 30, 2025.
📋 Key Facts
- The filing was made on October 17, 2025 (reported October 20, 2025).
- The report pertains to the financial results for the quarter ended September 30, 2025.
- The company is an emerging growth company.
- Exhibit 99.1 contains the official press release regarding operations and financial condition.
BV Financial, Inc. filed an 8-K to furnish its quarterly financial results for the period ended June 30, 2025 via a press release.
📋 Key Facts
- Report date: July 17, 2025
- Filing date: July 18, 2025
- Reporting period: Quarter ended June 30, 2025
- The company is the holding company for BayVanguard Bank.
- Financial results were released via press release (Exhibit 99.1).
BV Financial, Inc. held its Annual Meeting of Stockholders on May 8, 2025. The meeting resulted in the election of four directors and the ratification of Forvis Mazars, LLP as the independent auditor for the fiscal year ending December 31, 2025.
📋 Key Facts
- Annual Meeting held on May 8, 2025.
- Four directors elected: William Streett Baldwin, William B. Crompton, III, David M. Flair, and Joshua W. Posnick.
- Ratification of Forvis Mazars, LLP as independent registered public accounting firm for the year ending December 31, 2025.
BV Financial, Inc. filed an 8-K to furnish its quarterly earnings press release for the period ended March 31, 2025. The filing is a routine disclosure of financial results under Item 2.02.
📋 Key Facts
- The company issued a press release on April 18, 2025, announcing financial results for the quarter ended March 31, 2025.
- The filing includes Exhibit 99.1 containing the earnings press release.
- BV Financial, Inc. is the holding company for BayVanguard Bank.
BV Financial, Inc. announced the adoption of a stock repurchase program covering up to 10% of its outstanding common stock. The program has received non-objection from the Federal Reserve Bank of Richmond.
📋 Key Facts
- Repurchase limit: Up to 10% of outstanding shares of common stock.
- Estimated share count for repurchase: Approximately 1,059,404 shares.
- Regulatory status: Received non-objection from the Federal Reserve Bank of Richmond.
- Announcement date: April 4, 2025.
BV Financial, Inc. filed an 8-K to announce the release of its financial results for the fiscal year ended December 31, 2024. The filing serves as a formal announcement of the earnings press release issued on January 27, 2025.
📋 Key Facts
- The company released its full-year 2024 financial results via press release on January 27, 2025.
- The filing is a standard announcement of year-end earnings (Item 2.02).
- The report was signed by Michael J. Dee, Chief Financial Officer, on January 28, 2025.
BV Financial, Inc. issued a press release announcing its financial results for the three and nine months ended September 30, 2024.
📋 Key Facts
- Reporting period: Three and nine months ended September 30, 2024.
- Announcement date: October 21, 2024.
- The company is the holding company for BayVanguard Bank.
BV Financial, Inc. reported the results of its Annual Meeting of Stockholders held on September 5, 2024. The meeting resulted in the election of three directors and the approval of a new 2024 Equity Incentive Plan and the ratification of FORVIS, LLP as independent auditors.
📋 Key Facts
- Stockholders approved the BV Financial, Inc. 2024 Equity Incentive Plan on September 5, 2024.
- Joseph S. Galli, Timothy L. Prindle, and Matcheld V. Thomas were elected to the Board of Directors for three-year terms.
- Stockholders ratified the appointment of FORVIS, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024.
- The 2024 Equity Incentive Plan allows for stock-based awards to officers, employees, and directors of the Company and BayVanguard Bank.
BV Financial, Inc. announced the adoption of a stock repurchase program for up to 10% of its outstanding common stock. The program has received non-objection from the Federal Reserve Bank of Richmond.
📋 Key Facts
- Repurchase limit: Up to 10% of outstanding shares of common stock.
- Estimated share count: Approximately 1,138,772 shares.
- Regulatory status: Received non-objection from the Federal Reserve Bank of Richmond.
- Announcement date: July 30, 2024.
BV Financial, Inc. has filed an 8-K to furnish its quarterly financial results for the three and six months ended June 30, 2024 via a press release.
📋 Key Facts
- The filing relates to the reporting of financial results for the periods ending June 30, 2024.
- Results were announced via a press release on July 18, 2024.
- The company is an emerging growth company.
BV Financial, Inc. filed an 8-K to furnish its quarterly press release announcing financial results for the three months ended March 31, 2024.
📋 Key Facts
- The filing is a routine announcement of quarterly financial results (Item 2.02).
- Reporting period: Three months ended March 31, 2024.
- Date of report/event: April 22, 2024.
- Company operates as the holding company for BayVanguard Bank.
BV Financial, Inc. issued an 8-K to announce its financial results for the fiscal quarter ended December 31, 2023. The filing serves as a formal mechanism to furnish the company's quarterly press release to the SEC.
📋 Key Facts
- Report date: January 23, 2024
- Reporting period: Three months ended December 31, 2023
- The filing includes a press release as Exhibit 99.1
- Company is the holding company for BayVanguard Bank