BayFirst Financial Corp.BAFN

NasdaqFinanceState Commercial Banks
Price (close)
$6.79
Market cap
$27.9M
P/E
—
Revenue (TTM)
$33.1M
Net income
-$60.4M
Dividend yield
—
1-year total return
-20.1%
Net margin
-182.3%
Revenue growth
-64.7%
Debt / equity
—

What BayFirst Financial Corp. does.

BayFirst Financial Corp. is a bank holding company that operates through its wholly owned subsidiary, BayFirst National Bank (the “Bank”), together referred to as “the Company” or “BayFirst”. BayFirst commenced its bank holding company operations on September 1, 2000, by acquiring all shares of the Bank. BayFirst’s primary source of income is from the Bank, which serves a broad spectrum of consumers and small businesses in the Tampa Bay/Sarasota region. BayFirst strives to be a progressive institution in its products and services, technology, design, and social responsibility. As of December 31, 2025, BayFirst had consolidated total assets of $1.30 billion, total loans held for investment of $963.9 million, total deposits of $1.18 billion, and total shareholders’ equity of $87.6 million. BayFirst’s corporate office is located at the BayFirst Executive Center, 700 Central Avenue, St. Petersburg, Florida 33701.

The Bank commenced operations on February 12, 1999, as a Florida state-chartered commercial bank. In 2022, the Bank converted its charter to a national banking association. The Bank currently operates out of its main office and eleven additional banking centers located in the Tampa Bay/Sarasota area. The Bank’s main office is located at the BayFirst Executive Center. The Bank does not engage in any foreign business activities.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$131.1M$58.5M$61.5M$86.2M$96.0M$63.1M
Net income$12.7M$24.6M-$349,000$5.7M$10.2M-$24.6M
Free cash flow-$110.9M$482.3M$432.2M$447.2M$391.7M$288.5M

More on BAFN.

Figures from BayFirst Financial Corp.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.