First Quarter 2026 Earnings Presentation June 3, 2026

Cautionary Forward-Looking Statements This presentation is for informational purposes only and does not purport to include a complete discussion of the topics mentioned and should not be relied upon as a basis for making an investment decision in the Company’s securities. This presentation also includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements often include words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions, but the absence of such words or expressions does not mean a statement is not forward-looking. These forward‑looking statements are subject to risks and uncertainties, including those identified below, which could cause actual future results to differ materially from historical results or from those anticipated or implied by such statements. The following factors, among others, could cause future results to differ materially from historical results or from those indicated by forward‑looking statements included in this press release: (1) the level of demand for mortgage and commercial loans, which is affected by such external factors as general economic conditions, market interest rate levels, tax laws, and the demographics of our lending markets; (2) the direction and magnitude of changes in interest rates and the relationship between market interest rates and the yield on our interest‑earning assets and the cost of our interest‑bearing liabilities; (3) the rate and amount of loan losses incurred and projected to be incurred by us, increases in the amounts of our nonperforming assets, the level of our loss reserves and management’s judgments regarding the collectability of loans; (4) changes in the regulation of lending and deposit operations or other regulatory actions, whether industry-wide or focused on our operations, including increases in capital requirements or directives to increase allowances for loan losses or make other changes in our business operations; (5) legislative or regulatory changes, including those that may be implemented by the current administration in Washington, D.C. and the Federal Reserve Board; (6) possible adverse rulings, judgments, settlements and other outcomes of litigation; (7) actions undertaken by both current and potential new competitors; (8) the possibility of adverse trends in property values or economic trends in the residential and commercial real estate markets in which we compete; (9) the effect of changes in general economic conditions; (10) the effect of geopolitical uncertainties; (11) the impact of health crises on our future financial condition and operations; (12) the impact of any volatility in the banking sector due to the failure of certain banks due to high levels of exposure to liquidity risk, interest rate risk, uninsured deposits and cryptocurrency risk; (13) the loss of our CDFI certification could potentially limit our grant income awards; and (14) other risks and uncertainties. All such factors are difficult to predict and are beyond our control. Additional factors that could cause results to differ materially from those described above can be found in our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K or other filings made with the SEC and are available on our website at http://www.cityfirstbank.com and on the SEC’s website at http://www.sec.gov. Forward-looking statements in this presentation speak only as of the date they are made, and we undertake no obligation, and do not intend, to update these forward-looking statements to reflect events or circumstances occurring after the date of this presentation, except to the extent required by law. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this presentation.

Corporate Overview & Geographic Footprint In 2021, Broadway Financial Corporation (BYFC) located in Los Angeles, CA completed a merger with CFBanc Corporation located in Washington, D.C., with BYFC continuing as the surviving entity BYFC proudly serves communities on both coasts, with branches in Washington, D.C. and Los Angeles, California A mission driven commercial bank with a focus on the benefit and economic empowerment of our customers and communities. BYFC exists to empower organizations and individuals with more limited access to traditional commercial finance and banking services BYFC operates as a certified B Corp and Public Benefit Corporation. City First Bank, N.A. operates as a certified Community Development Financial Institution (CDFI) As of March 31, 2026, BYFC has 97 full-time equivalent employees Ticker NASDAQ: BYFC Established 1946 (Broadway Federal Bank) 1995 (Broadway Financial Corporation) Headquarters Washington, D.C. (Bank HQ) Los Angeles, CA (Holding Co. HQ) Branches 1 full-service branch – Washington, D.C. 2 full-service branches – Los Angeles, CA Total Assets $1.4 billion (as of 3/31/26) Total Gross Loans $1.1 billion (as of 3/31/26) Total Deposits $1.1 billion (as of 3/31/26) Earnings Per Share (Basic) $0.05 (for three months ended 3/31/26) Community Bank Leverage Ratio (CBLR) 14.06% (as of 3/31/26) Los Angeles, CA Washington, D.C. | Branch and Corporate Office Locations Full-Service Branch Corporate Office Only

Value Proposition Mission Vision Values Based Banking Our Customer Promise (Our Value Proposition) To support and strengthen underserved communities through the provision of high-quality banking and other financial services. City First is: A Different Kind of Bank. One that leads with purpose, operates with discipline, and delivers with heart. We put our customers and Communities FIRST We think BIG We model EXCELLENCE We are ONE City First Team A purposeful relationship, consistent quality service, and responsive products to grow and strengthen our customers’ businesses, grounded in a shared commitment to community growth, resilience, and opportunity. How we win: Shared commitment/purpose to broadened economic opportunity Client focused solutions Relationship-driven Our Strategic Positioning (Our Business Strategy) High impact, relationship-built, commercial finance solutions for small business owners, their employees, and the communities they serve and impact through: Commercial banking credit solutions Commercial, business banking, and institutional deposits & treasury solutions Consumer deposit products and services

We offer products and services designed to meet our customers’ financing needs and overcome systemic barriers to access banking. We put our customers and communities FIRST We think BIG We push ourselves to create solutions that deliver finance as a tool for economic justice as scale. We model EXCELLENCE We provide “best in class” experiences for our customers to help them reach their goals. We are ONE City First Team We understand the collective value of all parts of City First in meeting our mission to drive better outcomes for the bank, our employees, customers, and key stakeholders. We're building an enduring and connected commercial banking experience for our clients - focused on relationship, impact, and the long-term growth, success, and resilience of their businesses, employees, and the communities they serve. Our Shared Values

Banking on Impact 2021 - 2025 We are singularly focused on the economic empowerment of our customers and communities. We aim for at least 70% of our lending to align with our mission and at least 60% to serve low-income communities. During the period covered by this report (2021-2025), we surpassed these goals.

Strategic Repositioning | Business Line Pivot Identified structural challenges in 2024: Legacy wholesale multifamily lending became unprofitable due to rising interest rate environment, liquidity constraints, and competitive pressures; drove elevated Commercial Real Estate (CRE) concentration without funding alignment Executed mid-year repositioning: Deliberately scaled back high-volume, credit-strong business line that historically powered asset growth to safeguard long-term risk posture 2025 near-term impact: Moderated loan growth and earnings as anticipated Strategic benefits realized: Reduced CRE exposure, balanced relationship-driven portfolio, improved liquidity/concentration, and stronger regulatory standing 2026 positioning: Establishes resilience for sustainable growth, enhanced profitability, and superior franchise value

Long-term Strategic Intent (2026-2030 Strategic Plan) Our strategic intent is to be recognized as the national market leader in high-impact, mission-driven business banking solutions with focus on Commercial and Industrial (C&I), CRE, and Small Business Lending. We leverage our relationship managers, partners & digital solutions to expand access to credit & build community economic vitality. We achieve this intent through market leading: Access to credit in segment specific CRE, C&I, and Business Banking Response to emerging mission centric lending opportunities Integrated specialty deposit and treasury management solutions Targeted partnering programs driving local economic growth Our vision of serving the best interests of our people, communities, clients, and owners is the driving force to our sustainability. We aim to consistently outperform community focused financial institutions in Return on Average Assets (ROAA), Return on Average Equity (ROAE), Asset Quality, Net Interest Margin, and Operating Efficiency. We have 4 strategic areas of focus: Attract, develop, and retain high performing in market mission aligned relationship managers Build out differentiated deposit solutions and delivery channels Streamline and digitize business processes to support scale, efficiencies, and customer experience Have shared values and principles at the root of every aspect of our growth and expansion

Executive Management Team Brian Argrett President & CEO 35+ Years of Experience CEO of City First Bank prior to the merger with Broadway Former Founder and Managing Partner of Fulcrum Capital Group Zack Ibrahim Chief Financial Officer 20+ Years of Experience Former Head of Corporate Finance at Texas Capital Bank Previously held key financial leadership roles at Truist, M&T Bank, Regions, Northern Trust, & TIAA John Allen Chief Banking Officer 30+ Years of Experience Former Regional Bank President for Wells Fargo Previously held roles at Santander Bank, Capital One, and Fifth Third Bank Justin Jennings Chief Deposit Officer Brian Wagner Chief Human Resource Officer 20+ Years of Experience Previously held roles with EagleBank Corp, Truist, and PNC Experience with acquiring top talent across the nation with multiple institutions LaShanya Washington Chief Credit Officer 25+ Years of Experience Previously held roles with United Bank and Capital One Experience with complex transactions such as NMTC, PACE, and Charter Schools 20+ Years of Experience Former Operations Officer at Columbia Bank Previously held treasury and operations roles at JP Morgan Chase & Co

Stock Price & Valuations | Stock Valuation ($) | Stock Price ($) Price/BV Per Share 50% 49% 60% 60% 60% Price/TBV Per Share 62% 62% 61% 61% 61%

Key Financial Highlights ActualsQ1 '26 ActualsQ4 '25 ActualsQ1 '25 ▲ vsPr Qtr ▲ vsPr Yr Balance Sheet ($MM) Gross Loan Balances $1,069 $1,026 $1,002 4% 7% Deposit Balances $1,073 $918 $777 17% 38% Investment Balance $284 $257 $186 11% 53% Total Assets $1,426 $1,346 $1,259 6% 13% Income Statement ($MM) Net Income1 $1.1 $1.0 ($2.7) 11% N/A Net Interest Income1 $9.1 $8.7 $8.0 4% 13% Total Revenue $9.6 $9.4 $8.3 2% 16% Non-Interest Expense $8.0 $7.9 $10.2 1% (21%) Adj Non-Interest Expense2 $8.0 $8.2 $8.3 (2%) (3%) Pre-Tax Pre-Provision Income $1.6 $1.5 ($1.9) 11% N/A Key Performance Metrics Net Interest Margin % 2.75% 2.62% 2.63% 0.13% 0.12% Loan Yields 5.19% 5.17% 5.30% 0.02% (0.11%) Cost of Interest-Bearing Funds % 2.91% 3.06% 3.06% (0.15%) (0.15%) Loan to Deposit Ratio % 99.6% 111.8% 129.0% (12.2%) (29.4%) Return on Average Assets 0.12% 0.08% (1.08%) 0.04% 1.20% Efficiency Ratio 83% 84% 122% (1%) (39%) Adj Efficiency Ratio2 83% 87% 99% (4%) (16%) ACL % of Gross LHI 0.89% 0.92% 1.02% (0.03%) (0.13%) Key Financial Highlights 1 Q1 2026 includes a one-time ($0.5MM) correction of an error in the calculation of interest on loans. This resulted in a tax adjusted impact to net income of ($0.4MM) 2 Non-Interest Expense is adjusted for a $1.9MM wire fraud expense in Q1 2025. Recoveries of $1.6MM in Q3 2025 and $0.2MM in Q4 2025 were also excluded in the adjusted metrics. Non-Interest Expense is adjusted to excluded goodwill impairment of $25.9MM in Q3 2025. Non-GAAP financial metrics are reconciled on page 22 in the appendix

Deposits & Borrowings Portfolios | Total Deposits ($MM) & Loan to Deposit | Deposit Composition % | FHLB & Repos ($MM) 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2026 Q1 FHLB 78.0 60.0 107.5 72.0 0.0 Repos 80.8 63.8 76.1 80.8 81.2 Total 158.8 123.8 183.6 152.8 81.2 | Highlights YoY total deposits have increased $296MM or 38% from $777MM in Q1 2025 to $1,073MM in Q1 2026 Loan to Deposit Ratio improved from 129.0% to 99.6% YoY As of Q1 2026, FHLB borrowings have been reduced to zero. The Bank is utilizing deposit growth to reduce reliance on wholesale fundings and brokered CDs Deposit composition indicates a diverse portfolio with 9% of balances in non-interest-bearing accounts. The long-term strategic goal is to double that percentage to further reduce overall cost of funds

Loan Portfolio | Loan Composition % | Total Gross Loans ($MM) | Loan Yields2 % | Highlights YoY total loans have increased by $67MM or 7% from $1,002MM in Q1 2025 to $1,069MM in Q1 2026 Loan growth was mainly derived from C&I and owner-occupied transactions Loan yields have decreased from 5.30% in Q1 2025 to 5.19% in Q1 2026 Loan portfolio composition is heavily weighted towards multi-family due to the legacy lending strategy. We expect that mix to shift as we execute our long-term strategic goals 4.2% growth 1 1 GGL = Government Guaranteed Loan (USDA & SBA) 2 Q1 2026 includes a one-time ($0.5MM) correction of an error in the calculation of interest on loans

Investment Securities | Investment Portfolio Composition | Investment Portfolio Yield (Market Yield) Type % of Portfolio Book Yield Book Value ($M)1 Market Value ($M) Unrealized Gain/Loss ($M) MBS (Fixed) 50% 3.76% 146,254 139,109 (7,145) CMO (Float) 21% 4.76% 58,991 58,900 (91) CMO (Fixed) 9% 4.28% 27,577 26,952 (625) Agency (Fixed) 6% 1.42% 18,861 18,085 (776) Corporate Bonds 7% 6.18% 19,500 19,422 (78) SBA (Fixed) 2% 1.70% 8,049 6,962 (1,088) Agency (Float) 2% 4.63% 5,555 5,566 12 CMBS (Float) 1% 4.27% 3,101 3,096 (5) Muni - Taxable 1% 1.44% 3,186 3,053 (133) Muni - TE 1% 1.65% 1,571 1,456 (115) SBA (Float) 0% 5.10% 785 787 3 MBS (Float) 0% 4.76% 714 713 (1) Total 100% 3.95% 294,145 284,103 (10,043) | Highlights As of March 2026, the investment securities portfolio book value was $294MM. The portfolio is primarily concentrated in fixed MBS, floating and fixed CMOs, agency, and corporate bond products. The bank opportunistically made significant purchases in 2025 On a YoY basis, overall portfolio yield improved from 2.49% to 3.99% due to purchases of higher yielding securities The Bank has supplemented the portfolio with ~$20MM of high-quality bank sub-debt purchases with an average book yield of 6.18% as of Q1 2026 1 Securities book value excludes unrealized Available for Sale (AFS) gain / loss on sale

Asset Quality | NPAs ($MM) and NPAs/Assets (%) | Provision for Credit Losses ($MM) and _Provision / Gross Loans (Annualized %) | ACL / Adj. Gross Loans (%)1 | Highlights Non-Performing Assets (NPA) were $11.5MM as of Q1 2026. Despite elevated balances, NPAs as a % of total assets remained strong at 0.80% during the quarter, and is down from 1.01% in Q3 2025 Provision expense of $1.9MM in Q1 2025 was largely attributed to required reserves on individually evaluated loans ACL as a % of adj. gross loans remained stable during the last 5 quarters 1 Gross loans were adjusted for purchased government guaranteed loans (GGLs) attracting no loan loss reserves. Non-GAAP financial metrics are reconciled on page 22 in the appendix

Net Interest Income | Net Interest Income ($MM) and Net Interest Margin (%) | Interest Expense Breakout ($MM) | Interest Income Breakout ($MM) | Interest Expense ($MM) and Cost of Funds (%)1 1 Cost of Funds reflects cost of interest-bearing liabilities

Non-Interest Expense | Adjusted Non-Interest Expense ($MM)1 | NIE Breakout by Category (GAAP) | Adjusted Efficiency Ratio (%)1 ($M) 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 QoQ Change YoY Change Compensation & Benefits 5,284 4,412 4,340 4,802 4,886 2% (8%) Occupancy & Equipment 540 485 505 507 508 0% (6%) Marketing and Promotion Expense 46 61 76 0 124 N/A 170% Professional Fees 700 788 624 896 586 (35%) (16%) Communications Expense 706 774 768 763 940 23% 33% Amortization of Intangibles 79 79 78 79 76 (4%) (4%) Impairment of Goodwill 0 0 25,858 0 0 0% 0% Operational Loss (Recovery) 1,943 0 (1,603) (240) 0 N/A (100%) Other Expense 899 923 872 1,139 895 (21%) 0% Total Noninterest Expense 10,197 7,522 31,518 7,946 8,015 1% (21%) 1 Non-Interest Expense is adjusted for a $1.9MM wire fraud expense in Q1 2025. Recoveries of $1.6MM in Q3 2025 and $0.2MM in Q4 2025 were also excluded in the adjusted metrics. Non-Interest Expense is adjusted to excluded goodwill impairment of $25.9MM in Q3 2025. Non-GAAP financial metrics are reconciled on page 22 in the appendix

Capital & Liquidity | Community Bank Leverage Ratio (%) | Tier 1 Capital ($MM) | Liquidity Sources ($MM) | Highlights Community Bank Leverage Ratio (CBLR) remains strong at 14.06% as of Q1 2026, and the Bank is well capitalized compared to the 9.00% regulatory minimum We believe the Bank has access to sufficient liquidity from cash, unpledged securities, and available FHLB advance capacity Tier 1 capital reflects steady growth over the last 5 quarters Source As of 3/31/26 Cash and Cash Equivalents 26.6 Market Value of Unpledged Securities 188.3 Available FHLB Advance Capacity 343.1 Available Fed Fund Lines of Credit 10.0 Total Estimated Sources of Liquidity 568.1

Appendix

Quarterly Financial Highlights 1 Non-Interest Expense is adjusted for a $1.9MM wire fraud expense in Q1 2025. Recoveries of $1.6MM in Q3 2025 and $0.2MM in Q4 2025 were also excluded in the adjusted metrics. Non-Interest Expense is adjusted to excluded goodwill impairment of $25.9MM in Q3 2025. Non-GAAP financial metrics are reconciled on page 22 in the appendix END OF PERIOD DATE 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 BALANCE SHEET ($M) Total Net Loans 991,587 977,064 1,013,144 1,016,540 1,059,262 Total Securities 185,938 177,977 244,005 256,835 284,103 Total Assets 1,258,776 1,247,517 1,335,565 1,345,569 1,426,065 Total Deposits 776,543 798,922 849,205 917,603 1,073,056 INCOME STATEMENT ($M) Interest Income 14,801 14,397 15,791 16,293 16,209 Interest Expense 6,756 6,642 7,174 7,563 7,156 Total Noninterest Income 288 355 422 687 589 Non-interest Expenses 10,197 7,522 31,518 7,946 8,015 Adjusted Non-interest Expenses 1 8,254 7,522 7,263 8,186 8,015 Provision for Credit Losses 1,914 (454) 679 47 200 Pre-Tax Pre-Provision Income (1,864) 588 (22,479) 1,471 1,627 Net Income (2,692) 746 (23,894) 1,032 1,145 KEY FINANCIAL METRICS (%) ROAA (annualized) (1.08) 0.00 (7.48) 0.08 0.12 ROAE (annualized) (4.87) 0.00 (34.12) 0.41 0.63 Net Interest Margin 2.63 2.58 2.72 2.62 2.75 Efficiency Ratio 122.37 92.75 348.69 84.39 83.13 Adjusted Efficiency Ratio 1 99.05 92.75 80.35 86.93 83.13 Loans / Deposits 129.01 123.53 120.52 111.81 99.60 Securities/ Assets 14.77 14.27 18.27 19.09 19.92 NPAs / Assets 0.40 0.44 1.01 0.83 0.80 ACL / Gross Loans 1.02 1.00 1.01 0.92 0.89

Reconciliation of Non-GAAP Information Adj. Non-Interest Expense ($M) and Adj. Efficiency Ratio (%) 2026Q1 2025Q4 2025Q3 2025Q2 2025Q1 Non-Interest Expense 8,015 7,946 31,518 7,522 10,197 Operational Recovery (Loss) - 240 1,603 - (1,943) Goodwill Impairment - - (25,858) - - Adj. Non-Interest Expense 8,015 8,186 7,263 7,522 8,254 Net Interest Income 9,053 8,730 8,617 7,755 8,045 Non-Interest Income 589 687 422 355 288 Total Revenue 9,642 9,417 9,039 8,110 8,333 Efficiency Ratio 83.1% 84.4% 348.7% 92.7% 122.4% Adj. Efficiency Ratio 83.1% 86.9% 80.4% 92.7% 99.1% ACL ($M) / Adj. Gross Loans ($M) 2026Q1 2025Q4 2025Q3 2025Q2 2025Q1 Gross Loans 1,068,771 1,025,964 1,023,483 986,944 1,001,847 Less: Government Guaranteed Loans 113,931 75,321 58,170 11,627 0 Adj. Gross Loans 954,840 950,643 965,313 975,317 1,001,847 ACL 9,509 9,424 10,339 9,880 10,260 ACL / Adj. Gross Loans 1.00% 0.99% 1.07% 1.01% 1.02%