BayFirst Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	45.79	38.03	36.43	30	36.53
Net Interest Income Growth	20.40%	4.38%	21.44%	-17.87%	9.19%
Non-Interest Income	18.4	60.47	49.76	31.55	21.97
Non-Interest Income Growth	-69.58%	21.53%	57.70%	43.59%	-77.51%
Revenues Before Loan Losses	64.18	98.5	86.19	61.55	58.5
Provision for Credit Losses	24.59	14.73	10.45	-0.7	-3.5
Revenue	39.6	83.77	75.74	62.25	62
Revenue Growth (YoY)	-52.73%	10.60%	21.67%	0.40%	-45.73%
Compensation Expenses	29.28	35.51	36.7	29.82	28.1
Selling, General & Admin	18.82	17.53	17.36	15.57	15.11
Other Non-Interest Expenses	22.33	13.75	13.65	9.83	7.08
Total Non-Interest Expense	70.43	66.78	67.71	55.21	50.28
Pretax Income	-30.83	16.99	8.03	7.04	11.72
Provision for Income Taxes	-7.89	4.32	2.12	1.56	2.69
Net Income	-24.48	11.06	4.74	-1.18	23.61
Net Income Attributable to Preferred Dividends	1.54	1.54	0.97	0.83	1.01
Earnings From Discontinued Operations	-	-0.07	-0.21	-5.83	15.59
Net Income to Common	-24.48	11.06	4.74	-1.18	23.61
Net Income Growth	-	133.52%	-	-	99.43%
Shares Outstanding (Basic)	4	4	4	4	4
Shares Outstanding (Diluted)	4	5	5	4	4
Shares Change (YoY)	-10.04%	0.15%	8.56%	3.67%	1.75%
EPS (Basic)	-5.93	2.68	1.16	-0.29	6.21
EPS (Diluted)	-5.93	2.62	1.12	-0.22	5.91
EPS Growth	-	133.93%	-	-	96.35%
Free Cash Flow	24.59	388.84	447.22	432.19	482.27
Free Cash Flow Growth	-93.68%	-13.05%	3.48%	-10.38%	-
Free Cash Flow Per Share	-	84.74	97.61	102.40	118.46
Dividends Per Share	0.160	0.320	0.320	0.320	0.277
Dividend Growth	-50.00%	-	-	15.52%	55.01%
Profit Margin	-57.93%	15.13%	7.81%	8.80%	14.56%
FCF Margin	62.09%	464.19%	590.45%	694.28%	777.87%
EBITDA	0	9.56	7.45	5.3	4.38
EBITDA Margin	0.00%	11.41%	9.83%	8.52%	7.06%
Effective Tax Rate	25.60%	25.40%	26.38%	22.17%	22.96%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

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