YOLFTbeta
Bayfirst Financial Corp

Bayfirst Financial Corp

BAFN · NASDAQ · Financial Services / Banks - Regional

6.16USD-0.05 (-0.81%)

Price History

Full chart

Market Stats

Previous Close6.21
Open6.14
Day Range5.93 – 6.16
52-Week Range4.26 – 11.34
Volume32.75K
Market Cap191.98M
P/E (TTM)0.00
Forward P/E0.00
EPS-11.21
Dividend Yield0.00%
Beta0.38
50-Day Avg7.01
200-Day Avg6.69

About

BayFirst Financial Corp. operates as the bank holding company for BayFirst National Bank that provides community banking services for small and medium sized businesses and individuals. The company offers checking, savings, negotiable order of withdrawal, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts; and safety deposit boxes. It also provides commercial real estate mortgages; construction and development, working capital, and business loans; auto, boat, and recreational vehicle loans; and residential mortgages, personal lines of credit, and home equity lines of credit. In addition, the company offers internet, mobile and online banking, lock box services, remote capture and deposit, treasury management, wire transfers, cash management, merchant processing, remote deposit capture, night depository, online bill payment, courier, retail investment, ACH originations, and other services. It operates full-service banking centers in Pinellas, Hillsborough, Manatee, and Sarasota counties, Florida. The company was formerly known as First Home Bancorp, Inc. and changed its name to BayFirst Financial Corp. in May 2021. BayFirst Financial Corp. was founded in 1999 and is headquartered in Saint Petersburg, Florida.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Alfred T. Rogers Jr.
  • Employees148
  • Headquarters700 Central Avenue, Saint Petersburg, FL, United States, 33701, USA
  • Websitehttps://www.bayfirstfinancial.com

Leadership

  • Mr. Scott J. McKimExecutive VP & CFO · b. 1971
  • Mr. Alfred T. Rogers Jr.President, CEO & Director · b. 1965
  • Ms. Brandi Nicole JaberExecutive VP & Chief Administrative Officer · b. 1974
  • Mr. Nickolas R. SmithExecutive VP & Chief Human Resources Officer
  • Ms. Susan P. KhayatExecutive VP & Chief Credit Officer
  • Mr. Trey KorhnExecutive VP & Chief Banking Officer
  • Mr. Adam M. CurtisExecutive VP & Chief Lending Officer

Financials

Income Statement

Currency: USD1987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue----5.10M5.80M6.80M3.50M5.10M3.90M900.00K3.58M3.75M8.07M19.86M36.29M48.12M74.94M134.09M63.35M66.41M110.85M125.24M104.19M
Growth (%)-----+13.73%+17.24%-48.53%+45.71%-23.53%-76.92%+297.33%+4.73%+115.49%+146.03%+82.79%+32.57%+55.75%+78.94%-52.76%+4.83%+66.93%+12.98%-16.81%
Cost of Revenue----4.50M5.00M5.00M2.30M2.80M2.50M3.40M277.00K213.00K497.00K3.88M7.00M5.70M17.14M27.18M3.80M7.87M42.53M59.51M64.59M
Gross Profit----600.00K800.00K1.80M1.20M2.30M1.40M900.00K3.30M3.53M8.07M19.86M36.29M42.41M57.80M106.92M59.55M58.54M68.32M65.73M39.59M
Gross Margin----11.76%13.79%26.47%34.29%45.10%35.90%100.00%92.25%94.31%100.00%100.00%100.00%88.15%77.13%79.73%94.00%88.15%61.63%52.48%38.00%
Operating Expense-----1.90M-3.10M-4.70M-5.50M-5.10M-3.90M-10.00M3.43M3.09M4.59M12.35M25.46M44.08M51.51M91.14M47.83M51.50M60.28M48.74M70.42M
Operating Income1.60M2.50M2.20M1.10M2.50M3.90M6.50M6.70M7.40M5.30M10.90M-130.00K439.00K3.48M7.50M10.83M-1.67M6.30M15.78M11.72M7.04M8.03M16.99M-30.83M
Operating Margin----49.02%67.24%95.59%191.43%145.10%135.90%1211.11%-3.64%11.72%43.15%37.79%29.85%-3.47%8.40%11.77%18.50%10.60%7.25%13.56%-29.59%
EBITDA1.60M2.50M2.20M1.10M2.50M3.90M6.50M6.70M7.40M5.30M10.90M-16.36K559.76K3.48M7.50M10.83M1.84M11.37M20.84M16.05M12.01M14.79M25.71M-21.71M
EBITDA Margin----49.02%67.24%95.59%191.43%145.10%135.90%1211.11%-0.46%14.95%43.15%37.79%29.85%3.83%15.17%15.54%25.33%18.09%13.34%20.53%-20.84%
Net Income1.00M1.70M1.20M600.00K1.50M2.30M4.60M4.20M4.70M4.30M4.70M-130.00K621.00K2.29M4.23M5.47M-1.21M4.48M12.70M24.62M-349.00K5.70M12.60M-22.94M
Net Income Margin----29.41%39.66%67.65%120.00%92.16%110.26%522.22%-3.64%16.58%28.31%21.32%15.08%-2.51%5.98%9.47%38.86%-0.53%5.14%10.06%-22.01%
Interest Expense----4.90M5.70M5.70M2.90M3.40M2.90M3.80M277.00K213.00K322.00K710.00K2.06M4.37M8.27M10.28M7.30M8.57M32.09M44.78M40.01M
Interest Expense % of Total Revenue----96.08%98.28%83.82%82.86%66.67%74.36%422.22%7.75%5.69%3.99%3.58%5.69%9.08%11.03%7.66%11.52%12.90%28.95%35.76%38.40%

Balance Sheet

Currency: USD1987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets105.40M136.10M143.20M158.50M181.00M283.70M351.60M388.60M453.00M498.40M537.80M75.49M82.32M104.96M151.89M260.58M364.97M531.24M1.54B917.10M938.89M1.12B1.29B1.30B
Total Liabilities15.50M39.10M39.50M5.30M41.70M57.80M328.50M365.50M422.90M465.80M500.40M71.48M75.52M95.64M135.46M228.44M327.19M479.91M1.47B820.80M847.01M1.02B1.18B1.21B
Total Equity89.90M97.00M103.70M153.20M139.30M225.90M23.10M23.10M30.10M32.60M37.40M4.01M6.81M9.32M16.43M32.13M37.79M51.33M71.07M96.29M91.88M100.71M110.92M87.57M
Cash----4.00M4.20M4.90M5.80M8.70M6.40M6.20M19.84M18.22M----4.50M112.96M57.76M112.11M70.93M63.03M80.06M206.98M
Total Debt15.50M39.10M39.50M5.30M41.40M57.60M98.30M123.60M150.10M173.10M171.80M4.50M6.50M---14.23M24.46M13.63M14.03M37.37M20.96M22.40M20.82M
Net Debt15.50M39.10M39.50M5.30M37.40M53.40M93.40M117.80M141.40M166.70M165.60M-15.34M-11.72M---18.73M-88.50M-44.13M-98.08M-33.55M-42.07M-57.66M-186.16M

Cash Flow

Currency: USD1991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-312013-12-312014-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow900.00K3.30M-10.20M16.30M5.90M3.80M5.90M257.68K-1.95M7.34M-38.53M-107.80M101.21M440.25M454.80M390.53M285.30M
Investing Cash Flow-20.50M-23.90M-23.00M-51.90M-43.70M-48.20M-39.40M-2.11M-7.96M-106.93M-37.74M-933.38M601.86M-510.61M-641.28M-515.93M-194.94M
Financing Cash Flow20.60M20.90M31.40M36.40M40.60M42.20M33.30M608.52K6.10M105.39M157.96M985.98M-648.73M26.67M178.82M144.80M38.84M
Capital Expenditure200.00K600.00K200.00K200.00K300.00K800.00K200.00K21.98K1.80M4.79M7.31M3.05M13.30M8.06M7.58M1.69M300.00K
Free Cash Flow700.00K2.70M-10.40M16.10M5.60M3.00M5.70M235.70K-3.75M2.56M-45.84M-110.85M87.92M432.19M447.21M388.84M285.00M
Dividends Paid300.00K500.00K600.00K900.00K1.00M1.00M1.10M--721.15K1.31M1.78M2.06M2.12M2.28M2.86M1.43M
FCF to OCF77.78%81.82%101.96%98.77%94.92%78.95%96.61%91.47%192.57%34.82%118.98%102.83%86.86%98.17%98.33%99.57%99.89%
Dividend Paid to FCF42.86%18.52%-5.77%5.59%17.86%33.33%19.30%--28.21%-2.86%-1.60%2.34%0.49%0.51%0.74%0.50%

Earnings

Report DateAug 13, 1997Nov 12, 1997Mar 31, 1998May 14, 1998Sep 30, 2019Dec 31, 2019Mar 31, 2020Jun 30, 2020Sep 30, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Nov 12, 2021Feb 11, 2022Apr 28, 2022Jul 27, 2022Oct 28, 2022Jan 26, 2023Apr 27, 2023Jun 30, 2023Sep 30, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Mar 25, 2025Apr 24, 2025Jul 29, 2025Oct 30, 2025Dec 31, 2025Apr 30, 2026Aug 13, 2026Oct 29, 2026
EPS Estimate0.000.000.000.000.000.000.00----0.00-----0.000.000.00-------------
EPS Actual0.410.430.420.430.400.11-0.200.631.371.331.842.980.262.980.26-0.050.030.710.470.160.290.410.110.120.182.27-0.17-0.39-4.66-1.09-1.48-8.05-
Surprise---------------------------------
Timing--------------------------After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap191.98M
Enterprise Value162.96M
Trailing P/E0.00
Forward P/E0.00
Price / Sales5.49
Price / Book8.70
EPS-11.21
Book Value6.25
Revenue (TTM)-9.44M
Gross Profit (TTM)-9.44M
Profit Margin0.00%
Operating Margin164.73%
Return on Equity-52.42%
Return on Assets-4.74%
Shares Outstanding26.96M
Shares Float13.31M
Beta0.38
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
2.43%
Insiders
56.63%
Retail / Other
40.94%

Top Institutional Holders

  • Vanguard Capital Management, LLC
    148.63K0.55%
  • First Manhattan Co. LLC
    127.93K0.47%
  • Banc Funds Co LLC
    91.68K0.34%
  • BlackRock Inc
    51.73K0.19%
  • Geode Capital Management, LLC
    44.15K0.16%
  • Stifel Financial Corp
    31.20K0.12%
  • Vanguard Fiduciary Trust Co
    21.17K0.08%
  • Susquehanna International Group, LLP
    19.79K0.07%
  • Citadel Advisors Llc
    13.09K0.05%
  • LPL Financial Corp
    12.82K0.05%
  • Vanguard Global Advisers, LLC
    1.41K0.01%
  • Tower Research Capital LLC
    9110.00%
  • JONES FINANCIAL COMPANIES LLLP
    3430.00%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    110.03K0.41%
  • Fidelity Extended Market Index
    18.06K0.07%
  • iShares Micro-Cap ETF
    13.69K0.05%
  • Fidelity Total Market Index
    7.11K0.03%
  • Fidelity Series Total Market Index
    5.10K0.02%
  • Vanguard U.S. Eq Idx £ Acc
    1.41K0.01%
  • BSF Systematic US Eq Abs Ret A2 USD
    1.02K0.00%

Dividends

20252×
0.08May 30, 20250.08Feb 28, 2025
20244×
0.08Nov 29, 20240.08Aug 30, 20240.08May 31, 20240.08Feb 29, 2024
20234×
0.08Nov 30, 20230.08Aug 31, 20230.08May 31, 20230.08Feb 28, 2023
20224×
0.08Nov 30, 20220.08Aug 31, 20220.08May 31, 20220.08Feb 28, 2022
20215×
0.07Nov 12, 20210.07Aug 12, 20210.07Jun 16, 20210.07May 13, 20210.07Feb 11, 2021
20204×
0.07Nov 12, 20200.07Aug 13, 20200.07May 14, 20200.07Feb 13, 2020

Stock Splits

  • May 12, 20213:2