BAFN
BayFirst Financial Corp.
NASDAQ · Financial Services · Banks - Regional · US
$5.97
+1.36%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 66.2M | 104.2M | 125.2M | 110.8M | 66.4M |
| Cost of Revenue | 62.3M | 64.6M | 59.5M | 42.5M | 7.9M |
| Gross Profit | 3.9M | 39.6M | 65.7M | 68.3M | 58.5M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 37.4M | 35.4M | 39.7M | 42.2M | 34.7M |
| General & Admin Expense | 37.1M | 35.4M | 37.7M | 38.9M | 32.0M |
| Selling & Marketing Expense | 356.0K | — | 2.0M | 3.3M | 2.7M |
| Other Expenses | 22.9M | 35.1M | 9.0M | 18.1M | 16.8M |
| Total Operating Expenses | 60.3M | 70.4M | 48.7M | 60.3M | 51.5M |
| Cost and Expenses | 122.6M | 135.0M | 108.3M | 102.8M | 59.4M |
| Operating Income (EBIT) | (56.4M) | (30.8M) | 17.0M | 8.0M | 7.0M |
| Non-Operating | |||||
| Interest Income | 72.0M | 85.8M | 82.8M | 68.5M | 38.6M |
| Interest Expense | 31.3M | 40.0M | 44.8M | 32.1M | 8.6M |
| Net Interest Income | 40.7M | 45.8M | 38.0M | 36.4M | 30.0M |
| Other Non-Op Income/Expense | 884.0K | — | — | — | — |
| Non-Operating Income (excl Interest) | 884.0K | — | — | — | — |
| EBT (Pre-Tax Income) | (55.5M) | (30.8M) | 17.0M | 8.0M | 7.0M |
| Income Tax Expense | (14.0M) | (7.9M) | 4.3M | 2.1M | 1.6M |
| Bottom Line | |||||
| Net Income | (41.5M) | (22.9M) | 12.6M | 5.7M | (349.0K) |
| Earnings from Cont. Ops | (41.5M) | (22.9M) | 12.7M | 5.9M | 5.5M |
| Earnings from Discont. Ops | — | — | (69.0K) | (213.0K) | (5.8M) |
| Bottom Line Net Income | (42.9M) | (24.5M) | 11.1M | 5.1M | (924.0K) |
| Per Share | |||||
| Basic EPS | ($10.28) | ($5.93) | $2.68 | $1.16 | ($0.29) |
| Diluted EPS | ($10.28) | ($5.91) | $2.41 | $1.12 | ($0.29) |
| Revenue Per Share | $16.15 | $25.23 | $30.30 | $27.14 | $16.31 |
| Shares | |||||
| Basic Shares Outstanding | 4.1M | 4.1M | 4.1M | 4.1M | 4.1M |
| Diluted Shares Outstanding | 4.1M | 4.1M | 4.6M | 4.2M | 4.1M |
| Profitability Metrics | |||||
| EBITDA | (44.9M) | (21.7M) | 25.7M | 14.8M | 12.0M |
| D&A | 5.8M | 9.1M | 8.7M | 6.8M | 5.0M |
| EBIT | (50.7M) | (30.8M) | 17.0M | 8.0M | 7.0M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026