BayFirst Financial Corp. (BAFN)

BayFirst Financial Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-22.94	12.6	5.7	-0.35	24.62
Depreciation & Amortization	10.25	9.56	7.45	5.3	4.38
Provision for Credit Losses	24.59	14.73	10.45	-0.7	-3.5
Stock-Based Compensation	0.12	0.42	0.63	0.85	0.52
Net Change in Loans Held-for-Sale	298.16	403.37	479.75	352.09	392.97
Other Adjustments	-19.53	-53.75	-42.14	-29.33	-16.99
Changes in Accrued Interest and Accounts Receivable	0.73	-2.03	-2.68	-0.92	3.72
Changes in Accounts Payable	0.1	0.15	0.18	0.38	-1.67
Changes in Other Operating Activities	-6.19	5.75	-4.36	1.57	-4.61
Operating Cash Flow	285.3	390.53	454.8	440.25	495.39
Operating Cash Flow Growth	-26.95%	-14.13%	3.30%	-11.13%	-
Net Change in Short-Term Interbank Lending and Reverse Repurchase Agreements	2.27	2.38	0.24	-2.5	-
Net Change in Loans Held-for-Investment	-205.26	-535.21	-641.69	-477.8	264.72
Net Change in Securities and Investments	8.14	3.45	5.45	-22.24	-31.99
Capital Expenditures	-0.3	-1.69	-7.58	-8.06	-13.12
Sale of Property, Plant & Equipment	-	14.75	-	-	-
Other Investing Activities	0.21	0.39	2.31	-	-12
Investing Cash Flow	-194.94	-515.93	-641.28	-510.61	207.62
Net Change in Deposits	40.71	158.09	190.07	73.39	162.9
Short-Term Debt Repaid	-0.34	-0.46	-0.46	-70.11	-812.06
Net Short-Term Debt Issued (Repaid)	-0.34	-10	-15	25	-812.06
Long-Term Debt Issued	-	-	-	-	6
Long-Term Debt Repaid	-	-	-0.05	-	-6
Net Long-Term Debt Issued (Repaid)	-	-	-0.05	-	0
Issuance of Common Stock	0.05	-0.02	0.29	0.51	1.85
Repurchase of Common Stock	-0.34	-	-0.01	-0.05	-
Net Common Stock Issued (Repurchased)	-0.29	-0.02	0.28	0.46	1.85
Issuance of Preferred Stock	-	-	6.45	-	0.73
Net Preferred Stock Issued (Repurchased)	-	-	6.45	-	0.73
Common Dividends Paid	-0.66	-1.32	-1.31	-1.29	-1.06
Preferred Share Dividends Paid	-0.77	-1.54	-0.97	-0.83	-1.01
Other Financing Activities	0.19	0.05	-0.19	0.06	-0.01
Financing Cash Flow	38.84	144.8	178.82	26.67	-648.66
Net Cash Flow	129.19	19.4	-7.66	-43.68	54.35
Free Cash Flow	285	388.84	447.22	432.19	482.27
Free Cash Flow Growth	-26.71%	-13.05%	3.48%	-10.38%	-
FCF Margin	719.78%	464.19%	590.45%	694.28%	777.87%
Free Cash Flow Per Share	69.01	84.74	97.61	102.40	118.46
Levered Free Cash Flow	-20.23	12.81	-17.31	22.08	-799.74
Unlevered Free Cash Flow	4.59	11.75	-6.99	-1.74	-11.29

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

SEC Filings: 10-K · 10-Q