4

                              UNITED STATES

                   SECURITITES AND EXCHANGE COMMISSION

                         Washington, D. C. 20549


                                FORM 8-K

                             CURRENT REPORT


 Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported) November 5, 2002


                     Broadway Financial Corporation
         (Exact name of registrant as specified in its charter)

                           Delaware 95-4547287
       (State of Incorporation) (IRS Employer Identification No.)

         4800 Wilshire Boulevard, Los Angeles, California 90010
                (Address of Principal Executive Offices)

                             (323) 634-1700
            (Issuer's Telephone Number, Including Area Code)


                             NOT APPLICABLE
      (Former name or former address, if changed since last report)

<PAGE>


Item 5.   Other Events

          See Press Release on announcement of stock split and increase in
          cash dividend.


Item 7.   Financial Statements and Exhibits

          (c)     Exhibits

                  See Exhibit Index included herewith




                              SIGNATURES


          Pursuant to the requirements of the Securities Exchange Act of 1934,
          the registrant has duly caused this report to be signed on its behalf
          by the undersigned hereunto duly authorized.



                     BROADWAY FINANCIAL CORPORATION
                     ------------------------------
                               (Registrant)


Date:  November 5, 2002          /s/  Alvin D. Kang
                                ----------------------------------
                                      (Signature)

                                Name:  Alvin D. Kang
                                       Chief Financial Officer


<PAGE>


                                  EXHIBIT INDEX



  Exhibit No.                 Exhibit               Page No.
  -----------                 -------               --------
     99.1                  Press Release                4


<PAGE>






News Release

FOR IMMEDIATE RELEASE            Contact:     Paul C. Hudson, President/CEO
                                              Alvin D. Kang, CFO
                                              (323) 634-1700
                                              www.broadwayfed.com



                    BROADWAY FINANCIAL CORPORATION ANNOUNCES
                    STOCK SPLIT AND INCREASE IN CASH DIVIDEND

LOS  ANGELES,  CA -  (BUSINESS  WIRE) - November  5, 2002 -  Broadway  Financial
Corporation  ("Company")  (NASDAQ  Small-Cap:  BYFC),  the  holding  company  of
Broadway  Federal Bank,  f.s.b.  ("Bank"),  today announced a two-for-one  stock
split in the form of a stock dividend on each outstanding share of common stock.
The dividend will be payable on November 30, 2002 to  stockholders  of record as
of November 15, 2002.

The Company also announced its intention to increase the quarterly cash dividend
on its common  stock from $0.05 per share to $0.075 per share.  The record  date
and the payment date for the next quarterly dividend have not been determined.

The  Bank is a  community-oriented  savings  bank,  which  primarily  originates
residential mortgage loans and accepts deposits in the geographic areas known as
Mid-City and South  Central Los  Angeles.  The Bank  operates  four full service
branches,  three  in the  city of Los  Angeles,  and one in the  nearby  city of
Inglewood, California.

Shareholders,  analysts and others seeking  information about the Company or the
Bank  are  invited  to  write  to:  Broadway  Financial  Corporation,   Investor
Relations,  4800 Wilshire Blvd., Los Angeles,  CA 90010, or visit our website at
www.broadwayfed.com.
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{"company-data": {"conformed-name": "BROADWAY FINANCIAL CORP \\DE\\", "cik": "0001001171", "assigned-sic": "6035", "irs-number": "954547287", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-27464", "film-number": "02810432"}, "business-address": {"street1": "4800 WILSHIRE BLVD", "city": "LOS ANGELES", "state": "CA", "zip": "90010", "phone": "2136341700"}, "mail-address": {"street1": "4800 WILSHIRE BLVD", "city": "LOS ANGELES", "state": "CA", "zip": "90010"}}
4

                              UNITED STATES

                   SECURITITES AND EXCHANGE COMMISSION

                         Washington, D. C. 20549

                                FORM 8-K

                             CURRENT REPORT

 Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported) November 5, 2002

                     Broadway Financial Corporation
         (Exact name of registrant as specified in its charter)

                           Delaware 95-4547287
       (State of Incorporation) (IRS Employer Identification No.)

         4800 Wilshire Boulevard, Los Angeles, California 90010
                (Address of Principal Executive Offices)

                             (323) 634-1700
            (Issuer's Telephone Number, Including Area Code)

                             NOT APPLICABLE
      (Former name or former address, if changed since last report)
Item 5.   Other Events

          See Press Release on announcement of stock split and increase in
          cash dividend.

Item 7.   Financial Statements and Exhibits

          (c)     Exhibits

                  See Exhibit Index included herewith

                              SIGNATURES

          Pursuant to the requirements of the Securities Exchange Act of 1934,
          the registrant has duly caused this report to be signed on its behalf
          by the undersigned hereunto duly authorized.

                     BROADWAY FINANCIAL CORPORATION
                     ------------------------------
                               (Registrant)

Date:  November 5, 2002          /s/  Alvin D. Kang
                                ----------------------------------
                                      (Signature)

                                Name:  Alvin D. Kang
                                       Chief Financial Officer
EXHIBIT INDEX

  Exhibit No.                 Exhibit               Page No.
  -----------                 -------               --------
     99.1                  Press Release                4
News Release

FOR IMMEDIATE RELEASE            Contact:     Paul C. Hudson, President/CEO
                                              Alvin D. Kang, CFO
                                              (323) 634-1700
                                              www.broadwayfed.com

                    BROADWAY FINANCIAL CORPORATION ANNOUNCES
                    STOCK SPLIT AND INCREASE IN CASH DIVIDEND

LOS  ANGELES,  CA -  (BUSINESS  WIRE) - November  5, 2002 -  Broadway  Financial
Corporation  ("Company")  (NASDAQ  Small-Cap:  BYFC),  the  holding  company  of
Broadway  Federal Bank,  f.s.b.  ("Bank"),  today announced a two-for-one  stock
split in the form of a stock dividend on each outstanding share of common stock.
The dividend will be payable on November 30, 2002 to  stockholders  of record as
of November 15, 2002.

The Company also announced its intention to increase the quarterly cash dividend
on its common  stock from $0.05 per share to $0.075 per share.  The record  date
and the payment date for the next quarterly dividend have not been determined.

The  Bank is a  community-oriented  savings  bank,  which  primarily  originates
residential mortgage loans and accepts deposits in the geographic areas known as
Mid-City and South  Central Los  Angeles.  The Bank  operates  four full service
branches,  three  in the  city of Los  Angeles,  and one in the  nearby  city of
Inglewood, California.

Shareholders,  analysts and others seeking  information about the Company or the
Bank  are  invited  to  write  to:  Broadway  Financial  Corporation,   Investor
Relations,  4800 Wilshire Blvd., Los Angeles,  CA 90010, or visit our website at
www.broadwayfed.com.