BV Financial, Inc. 8-K

What Happened

• BV Financial, Inc. (BVFL) announced on Feb. 20, 2026 that its Audit Committee approved the dismissal of Forvis Mazars, LLP as the company’s independent registered public accounting firm effective upon completion of Forvis Mazars’ audit of the Company’s consolidated financial statements for the year ended Dec. 31, 2025 and filing of the 2025 Annual Report on Form 10‑K. The Audit Committee simultaneously approved engaging Crowe LLP as the new independent auditor, effective on that same Effective Date. The formal engagement of Crowe is subject to Crowe’s client-acceptance procedures and execution of an engagement letter.

Key Details

• Date of Audit Committee action: Feb. 20, 2026.
• Effective Date: upon completion of Forvis Mazars’ 2025 audit and filing of the 2025 Form 10‑K.
• Forvis Mazars’ 2023 and 2024 audit reports were unmodified (no adverse opinion or disclaimer) and there were no disagreements or “reportable events” for 2023, 2024 or the interim period.
• Forvis Mazars’ letter to the SEC dated Feb. 23, 2026 is included as Exhibit 16.1; Crowe has not been consulted on any accounting matters for the periods noted.

Why It Matters

• A change in independent auditor is a notable governance event for investors because the auditor provides assurance on the company’s financial statements. Here, the filing states the change is procedural: prior audits were unmodified and there were no disagreements or reportable events, which reduces immediate red flags.
• The timing means Forvis Mazars will complete the 2025 audit and the 2025 Form 10‑K will be the transition point; investors should watch the 2025 Form 10‑K filing and any disclosures about the audit transition or accounting matters.
• The engagement of Crowe is not final until standard acceptance and an engagement letter are completed; this could affect the timing of future filings but carries no direct financial figures or liabilities disclosed in this 8‑K.