BayFirst Financial Corp. (BAFN)
NASDAQ: BAFN · Real-Time Price · USD
6.74
-0.55 (-7.61%)
Aug 27, 2026, 4:00 PM EDT - Market closed
BayFirst Financial Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash & Equivalents | 139.17 | 206.98 | 77.79 | 58.39 | 66.05 | 108.78 |
Investment Securities | 12.15 | 9.19 | 18.63 | 26.37 | 30.57 | 9.92 |
Trading Asset Securities | - | - | - | - | - | 1.55 |
Mortgage-Backed Securities | 21.29 | 22.67 | 22.42 | 20.34 | 21.66 | 23.36 |
Total Investments | 33.44 | 31.86 | 41.05 | 46.71 | 52.23 | 34.83 |
Gross Loans | 887.95 | 970.71 | 1,075 | 922.77 | 734.27 | 587.83 |
Allowance for Loan Losses | -45.08 | -22 | -15.51 | -13.5 | -9.05 | -13.45 |
Other Adjustments to Gross Loans | -5.11 | -6.81 | -8.31 | -7.04 | -5.62 | -3.88 |
Net Loans | 837.76 | 941.9 | 1,051 | 902.23 | 719.61 | 570.5 |
Property, Plant & Equipment | 43.97 | 45.69 | 49.06 | 41.29 | 38.62 | 32.35 |
Loans Held for Sale | - | - | - | - | - | 1.46 |
Accrued Interest Receivable | 5.13 | 8.42 | 9.16 | 7.13 | 4.45 | 3.53 |
Restricted Cash | - | - | - | - | - | 0.95 |
Other Current Assets | - | - | - | 0.35 | 1.21 | 118.38 |
Long-Term Deferred Tax Assets | 21.25 | 6.54 | - | - | 0.98 | 0.45 |
Other Real Estate Owned & Foreclosed | 1 | 0.66 | 0.17 | - | - | - |
Other Long-Term Assets | 53.22 | 58.21 | 60.03 | 61.68 | 55.75 | 45.87 |
Total Assets | 1,135 | 1,300 | 1,288 | 1,118 | 938.9 | 917.1 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Accrued Expenses | 8.85 | 6.13 | 9.9 | 8.98 | 12.21 | 8.78 |
Interest Bearing Deposits | 676.59 | 911.21 | 1,041 | 891.43 | 701.84 | 638.05 |
Institutional Deposits | 195.5 | 177 | - | - | - | - |
Non-Interest Bearing Deposits | 116.79 | 95.73 | 101.74 | 93.71 | 93.24 | 83.64 |
Total Deposits | 988.87 | 1,184 | 1,143 | 985.14 | 795.07 | 721.69 |
Short-Term Borrowings | - | - | - | 10 | 25 | 0.19 |
Current Portion of Long-Term Debt | 0.46 | 0.46 | 0.46 | 0.46 | 0.05 | 44.65 |
Current Portion of Leases | 1.06 | 2.12 | 2.03 | 1.11 | - | 1.45 |
Accrued Interest Payable | 0.6 | 1.13 | 1.04 | 0.88 | 0.7 | 0.33 |
Other Current Liabilities | - | - | - | 0.62 | 1.66 | 7.46 |
Long-Term Debt | 6.76 | 7.1 | 7.43 | 7.88 | 8.79 | 34.29 |
Long-Term Leases | 11.63 | 11.15 | 12.48 | 1.51 | 3.54 | 1.98 |
Long-Term Deferred Tax Liabilities | - | - | 0.3 | 0.48 | - | - |
Other Long-Term Liabilities | 0.79 | 0.67 | 0.52 | - | - | - |
Total Liabilities | 1,019 | 1,213 | 1,177 | 1,017 | 847.01 | 820.81 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Preferred Stock, Redeemable | 6.16 | 6.16 | 6.16 | 6.16 | 6.16 | 6.16 |
Preferred Stock, Convertible | 84.08 | 9.57 | 9.57 | 9.57 | 3.12 | 3.12 |
Total Preferred Equity | 90.24 | 15.73 | 15.73 | 15.73 | 9.28 | 9.28 |
Common Stock | 54.38 | 54.37 | 54.76 | 54.52 | 53.02 | 51.5 |
Retained Earnings | -26.36 | 19.76 | 44.13 | 34.4 | 33.48 | 35.95 |
Comprehensive Income & Other | -2.36 | -2.3 | -3.71 | -3.94 | -3.9 | -0.44 |
Total Common Equity | 25.66 | 71.84 | 95.19 | 84.98 | 82.6 | 87.01 |
Shareholders' Equity | 115.9 | 87.57 | 110.92 | 100.71 | 91.88 | 96.29 |
Total Liabilities & Equity | 1,135 | 1,300 | 1,288 | 1,118 | 938.9 | 917.1 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Total Debt | 19.91 | 20.82 | 22.4 | 20.96 | 37.37 | 82.56 |
Net Cash (Debt) | 119.25 | 186.16 | 57.66 | 42.07 | 33.55 | 30.15 |
Net Cash Growth | 597.63% | 222.87% | 37.04% | 25.40% | 11.28% | - |
Net Cash Per Share | 28.98 | 45.08 | 12.57 | 9.18 | 7.95 | 7.41 |
Filing Date Shares Outstanding | 26.96 | 4.11 | 4.15 | 4.13 | 4.1 | 4.01 |
Total Common Shares Outstanding | 4.11 | 4.11 | 4.13 | 4.11 | 4.04 | 3.98 |
Book Value Per Share | 6.25 | 17.49 | 23.03 | 20.67 | 20.43 | 21.85 |
Tangible Book Value | 25.66 | 71.84 | 95.19 | 84.98 | 82.6 | 87.01 |
Tangible Book Value Per Share | 6.25 | 17.49 | 23.03 | 20.67 | 20.43 | 21.85 |