BayFirst Financial Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

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
Interest Income on Loans	71.37	81.24	78.83	63.19	36.49	43.26
Interest Income on Investments	5.64	4.55	3.98	5.33	2.07	0.57
Total Interest Income	77.01	85.79	82.81	68.52	38.57	43.83
Interest Paid on Deposits	33.77	37.74	42.87	30.8	7.84	4.89
Interest Paid on Borrowings	1.33	2.27	1.91	1.29	0.72	2.42
Total Interest Expense	35.1	40.01	44.78	32.09	8.57	7.3
Net Interest Income	41.91	45.79	38.03	36.43	30	36.53
Net Interest Income Growth	-2.17%	20.40%	4.38%	21.44%	-17.87%	9.19%
Gain (Loss) on Sale of Assets	-0.02	-	11.65	-	-	-
Other Non-Interest Income	-3.71	6.68	20.57	25.2	9.83	3.95
Total Non-Interest Income	-6.55	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	35.36	64.18	98.5	86.19	61.55	58.5
Provision for Loan Losses	44.8	24.59	14.73	10.45	-0.7	-3.5
Revenue	-9.44	39.6	83.77	75.74	62.25	62
Revenue Growth	-	-52.73%	10.60%	21.67%	0.40%	-45.73%
Salaries and Employee Benefits	24.1	28.98	35.05	35.94	28.9	27.09
Occupancy Expenses	3.42	3.66	3.91	3.78	2.08	1.06
Federal Deposit Insurance	2.37	1.87	1.25	0.88	0.46	0.44
Selling, General & Administrative	16.34	17.12	16.26	16.52	16.64	16.77
Other Non-Interest Expense	16.15	11.52	10.31	10.59	7.14	4.92
Total Non-Interest Expense	62.36	63.14	66.78	67.71	55.21	50.28
EBT Excluding Unusual Items	-71.8	-23.55	16.99	8.03	7.04	11.72
Pretax Income	-79.08	-30.83	16.99	8.03	7.04	11.72
Income Tax Expense	-20.34	-7.89	4.32	2.12	1.56	2.69
Earnings From Continuing Operations	-58.74	-22.94	12.67	5.92	5.48	9.03
Earnings From Discontinued Operations	-	-	-0.07	-0.21	-5.83	15.59
Net Income	-58.74	-22.94	12.6	5.7	-0.35	24.62
Preferred Dividends & Other Adjustments	1.54	1.54	1.54	0.97	0.83	1.01
Net Income to Common	-60.28	-24.48	11.06	4.74	-1.18	23.61
Net Income Growth	-	-	133.52%	-	-	99.43%
Basic Shares Outstanding	4	4	4	4	4	4
Diluted Shares Outstanding	4	4	5	5	4	4
Shares Change	-10.35%	-10.00%	0.15%	8.56%	3.67%	1.75%
EPS (Basic)	-14.65	-5.93	2.68	1.16	-0.29	6.21
EPS (Diluted)	-14.65	-5.93	2.62	1.12	-0.29	5.91
EPS Growth	-	-	134.31%	-	-	96.48%

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
Dividend Per Share	-	0.160	0.240	0.320	0.320	0.277
Dividend Growth	-	-33.33%	-25.00%	0%	15.52%	55.01%
Effective Tax Rate	-	-	25.40%	26.38%	22.17%	22.96%

SEC Filings: 10-K · 10-Q