BAFN
Bayfirst Financial Corp
NASDAQ: BAFN · FINANCIAL SERVICES · BANKS - REGIONAL
$8.33
+4.13% today
Updated 2026-04-30
Market cap
$32.88M
P/E ratio
—
P/S ratio
0.83x
EPS (TTM)
$-5.93
Dividend yield
1.93%
52W range
$5 – $17
Volume
0.0M
Bayfirst Financial Corp (BAFN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.10M | $5.80M | $6.80M | $3.50M | $5.10M | $3.90M | $900000.00 | $3.58M | $3.75M | $8.07M | $19.86M | $36.29M | $48.12M | $74.94M | $134.09M | $63.35M | $66.41M | $110.85M | $125.24M | $104.19M |
| Revenue growth (YoY) | — | +13.7% | +17.2% | -48.5% | +45.7% | -23.5% | -76.9% | +297.3% | +4.7% | +115.5% | +146.0% | +82.8% | +32.6% | +55.7% | +78.9% | -52.8% | +4.8% | +66.9% | +13.0% | -16.8% |
| Cost of revenue | $4.50M | $5.00M | $5.00M | $2.30M | $2.80M | $2.50M | $3.40M | $277000.00 | $213000.00 | $497000.00 | $3.88M | $7.00M | $5.70M | $17.14M | $27.18M | $3.80M | $7.87M | $42.53M | $59.51M | $64.59M |
| Gross profit | $600000.00 | $800000.00 | $1.80M | $1.20M | $2.30M | $1.40M | $900000.00 | $3.30M | $3.53M | $8.07M | $19.86M | $36.29M | $42.41M | $57.80M | $106.92M | $59.55M | $58.54M | $68.32M | $65.73M | $39.59M |
| Gross margin | 11.8% | 13.8% | 26.5% | 34.3% | 45.1% | 35.9% | 100.0% | 92.3% | 94.3% | 100.0% | 100.0% | 100.0% | 88.1% | 77.1% | 79.7% | 94.0% | 88.2% | 61.6% | 52.5% | 38.0% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $1.50M | $2.10M | $3.10M | $3.10M | $3.70M | $4.20M | $4.40M | $2.03M | $1.65M | — | — | — | $35.79M | $40.58M | $77.11M | $29.81M | $32.05M | $38.88M | $37.69M | $35.35M |
| Operating income | $2.50M | $3.90M | $6.50M | $6.70M | $7.40M | $5.30M | $10.90M | $-130000.00 | $439000.00 | $3.48M | $7.50M | $10.83M | $-1.67M | $6.30M | $15.78M | $11.72M | $7.04M | $8.03M | $16.99M | $-30.83M |
| Operating margin | 49.0% | 67.2% | 95.6% | 191.4% | 145.1% | 135.9% | 1211.1% | -3.6% | 11.7% | 43.1% | 37.8% | 29.8% | -3.5% | 8.4% | 11.8% | 18.5% | 10.6% | 7.2% | 13.6% | -29.6% |
| EBITDA | $2.50M | $3.90M | $6.50M | $6.70M | $7.40M | $5.30M | $10.90M | $-16362.00 | $559760.00 | $3.48M | $7.50M | $10.83M | $1.84M | $11.37M | $20.84M | $16.05M | $12.01M | $14.79M | $25.71M | $-30.83M |
| EBITDA margin | 49.0% | 67.2% | 95.6% | 191.4% | 145.1% | 135.9% | 1211.1% | -0.5% | 14.9% | 43.1% | 37.8% | 29.8% | 3.8% | 15.2% | 15.5% | 25.3% | 18.1% | 13.3% | 20.5% | -29.6% |
| EBIT | $-2.80M | $-4.00M | $-5.20M | $-5.70M | $-5.30M | $-12.30M | $10.90M | $-130000.00 | $439000.00 | $3.48M | $7.50M | $10.83M | $-1.67M | $6.30M | $15.78M | $11.72M | $7.04M | $8.03M | $16.99M | — |
| Interest expense | $4.90M | $5.70M | $5.70M | $2.90M | $3.40M | $2.90M | $3.80M | $277000.00 | $213000.00 | $322000.00 | $710000.00 | $2.06M | $4.37M | $8.27M | $10.28M | $7.30M | $8.57M | $32.09M | $44.78M | $40.01M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.50M | $2.30M | $4.60M | $4.20M | $4.70M | $4.30M | $4.70M | $-130000.00 | $621000.00 | $2.29M | $4.23M | $5.47M | $-1.21M | $4.48M | $12.70M | $24.62M | $-349000.00 | $5.70M | $12.60M | $-22.94M |
| Net income growth (YoY) | — | +53.3% | +100.0% | -8.7% | +11.9% | -8.5% | +9.3% | -102.8% | +577.7% | +268.0% | +85.3% | +29.3% | -122.0% | +472.0% | +183.3% | +93.8% | -101.4% | +1733.8% | +121.0% | -282.0% |
| Profit margin | 29.4% | 39.7% | 67.6% | 120.0% | 92.2% | 110.3% | 522.2% | -3.6% | 16.6% | 28.3% | 21.3% | 15.1% | -2.5% | 6.0% | 9.5% | 38.9% | -0.5% | 5.1% | 10.1% | -22.0% |