BV FINANCIAL INC. BVFL overview

BALTIMORE, MD / ACCESSWIRE / July 31, 2023 / BV Financial, Inc. (the "Company") (OTC Pink:BVFL), the holding company for BayVanguard Bank, announced that Bay-Vanguard, M.H.C., Inc. (the "MHC"), has completed its conversion from the mutual holding company to the stock holding company form of organization (the "Conversion"), and the Company has completed its related stock offering. As a result of the closing of the Conversion, the MHC ceased to exist effective upon the closing of the Conversion....

BALTIMORE, MD / ACCESSWIRE / July 26, 2023 / BV Financial, Inc. (OTC PINK:BVFL), the holding company for BayVanguard Bank (the "Bank"), today reported net income of $3.9 million, or $0.52 per diluted share, for the quarter ended June 30, 2023 compared to net income of $2.8 million, or $0.37 per diluted share, for the quarter ended June 30, 2022. Net income for the six-month period ended June 30, 2023 was $7.0 million or $0.94 per diluted share compared to net income of $5.2 million or $0.70 per...

BALTIMORE, MD / ACCESSWIRE / July 25, 2023 / BV Financial, Inc. (the "Company") (OTC PINK:BVFL), the holding company for BayVanguard Bank, announced today that all regulatory approvals have been received to close the conversion of Bay-Vanguard, M.H.C., Inc. (the "MHC") from mutual to stock form and the related stock offering by the Company. Closing is expected to occur after the close of business on July 31, 2023. The Company's common stock is expected to begin trading on the Nasdaq Capital...

BALTIMORE, MD / ACCESSWIRE / July 18, 2023 / BV Financial, Inc. (the "Company") (OTC PINK:BVFL), the holding company for BayVanguard Bank, announced today that that the community offering in connection with the conversion of Bay-Vanguard, M.H.C., Inc. from mutual to stock form was completed today in accordance with the terms of the Company's prospectus dated May 15, 2023, as supplemented by a prospectus supplement dated June 23, 2023. Orders for $97,989,800 (9,798,980 shares) of the Company's...

BALTIMORE, MD / ACCESSWIRE / June 30, 2023 / BV Financial, Inc. (the "Company") (OTC PINK:BVFL), the holding company for BayVanguard Bank (the "Bank"), announced today that the Company has extended the community offering to sell the shares of common stock not subscribed for in the subscription offering.As of the date hereof, the Company had received valid stock orders for approximately 74.0% of the shares offered for sale at the 9,775,000-share minimum of the offering range. The terms and...

BALTIMORE, MD / ACCESSWIRE / June 29, 2023 / BV Financial, Inc. (the "Company") (OTC Pink:BVFL), the holding company for BayVanguard Bank, announced today that the Company's stockholders and the members of Bay-Vanguard, M.H.C., Inc. (the "MHC"), the Company's mutual holding company parent, approved the pending conversion of the MHC from mutual to stock form. The approvals were received at a Special Meeting of Stockholders and a Special Meeting of Members, both held earlier today. Completion of...

BALTIMORE, MD / ACCESSWIRE / June 23, 2023 / BV Financial, Inc. (the "Company") (OTC PINK:BVFL), the holding company for BayVanguard Bank (the "Bank"), announced today that it increased the maximum purchase limitations in the stock offering being conducted by the Company in connection with the conversion of Bay-Vanguard, M.H.C., Inc., from mutual to stock form. Both the maximum individual purchase limit and the maximum group limit have been increased from 70,000 shares ($700,000) to 480,000...

BALTIMORE, MD / ACCESSWIRE / May 22, 2023 / BV Financial, Inc. (the "Company") (OTC Pink:BVFL), the holding company for BayVanguard Bank (the "Bank"), announced today that it is commencing its stock offering in connection with the proposed conversion of Bay-Vanguard, M.H.C., Inc. (the "MHC") from the mutual holding company structure to the fully stock holding company form of organization. The Company is offering for sale up to 13,225,000 shares, subject to increase to up to 15,208,750 shares, of...