SequelSEC

BayFirst Financial Corp. BAFN

State Commercial Banks · CIK 0001649739 · Fiscal year ends 1231 · Bank

AnnualQuarterlyTTM
Revenue
Unavailable
Fiscal year ended 2025-12-31
Net income
-$24.56M
Fiscal year ended 2025-12-31
Total assets
$1.29B
Fiscal year ended 2025-12-31

BayFirst Financial Corp. (BAFN) reported net income of -$24.56M for the fiscal year ended 2025-12-31. This page shows 6 annual periods of income statement, balance sheet and cash flow figures normalized from BayFirst Financial Corp.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under State Commercial Banks.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

BayFirst Financial Corp. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
RevenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net income-$24.56M$10.19M$5.70M-$349.00K$24.62M$12.70M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 4.13Mshares 4.13Mshares 4.58Mshares 4.22Mshares 4.07Mshares 4.00M
Pretax income-$33.02M$13.78M$8.03M$7.04M$11.72M$15.78M
Income tax expense-$8.45M$3.52M$2.12M$1.56M$2.69M$3.08M
Diluted EPS$-6.32$2.09$1.12$-0.22$5.91$3.01
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

BayFirst Financial Corp. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Cash & equivalents$206.98M$77.79M$58.38M$66.05M$109.73M$55.38M
Total assets$1.29B$1.28B$1.12B$938.90M$917.10M$1.54B
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$1.21B$1.18B$1.02B$847.01M$820.80M$1.47B
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$81.58M$106.56M$98.76M$91.88M$96.29M$71.07M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

BayFirst Financial Corp. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Operating cash flow$288.84M$393.40M$454.80M$440.25M$495.39M-$107.82M
Capital expenditures$300.00K$1.69M$7.58M$8.06M$13.12M$3.05M
Investing cash flow-$198.48M-$518.79M-$641.28M-$510.60M$207.62M-$933.38M
Financing cash flow$38.84M$144.80M$178.82M$26.67M-$648.66M$986.00M
Net change in cash$129.19M$19.40M-$7.66M-$43.68M$54.35M-$55.20M
Stock-based compensation$99.00K$396.00K$604.00K$763.00K$461.00K$373.00K
Common dividends paid$663.00K$1.32M$1.31M$1.29M$1.06M$915.00K
Common share repurchases$335.00K$0$13.00K$49.00K$0Unavailable
Depreciation & amortization$2.19M$2.46M$2.24M$1.72M$1.34M$1.41M

Derived

BayFirst Financial Corp. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Free cash flow$288.54M$391.70M$447.22M$432.19M$482.27M-$110.87M
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growthUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailable25.5%26.4%22.2%23.0%19.5%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open BAFN in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-14View SEC filing
10-K/A · Filed 2026-08-12View SEC filing
10-Q/A · Filed 2026-08-12View SEC filing
10-Q · Filed 2026-05-12View SEC filing
10-K · Filed 2026-03-27View SEC filing
10-Q · Filed 2025-11-12View SEC filing

Companies in the same industry

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Reconciliation checks needing review

1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationreview2023-12-31

Difference 1948000 exceeds tolerance 1117766.000. Presentation or filing-vintage differences need review.