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BayFirst Financial Corp. BAFN
Financial Services - Banks - Regional - NASDAQ - US
Watchlist
$ 16.4994
-1 %
$ 68.1 M
Market Cap
6.74
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one BAFN stock under the worst case scenario is HIDDEN Compared to the current market price of 16.5 USD, BayFirst Financial Corp. is HIDDEN

BAFN Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one BAFN stock under the base case scenario is HIDDEN Compared to the current market price of 16.5 USD, BayFirst Financial Corp. is HIDDEN

BAFN Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one BAFN stock under the best case scenario is HIDDEN Compared to the current market price of 16.5 USD, BayFirst Financial Corp. is HIDDEN

BAFN Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart BAFN

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1M 17%
6M 21%
1Y 37%
3Y 9%
5Y --%
All
$20.0$20.0$19.0$19.0$18.0$18.0$17.0$17.0$16.0$16.0$15.0$15.0$14.0$14.0$13.0$13.0$12.0$12.015 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '25
FINANCIALS
83.8 M REVENUE
10.60%
Growth Rates
1Year 10.60%
3Years -17.58%
5Years 4.67%
7Years 12.69%
10Years 37.25%
28.6 M OPERATING INCOME
46.39%
Growth Rates
1Year 46.39%
3Years -4.21%
5Years 35.30%
7Years 14.85%
10Years 45.93%
12.7 M NET INCOME
114.23%
Growth Rates
1Year 114.23%
3Years -19.86%
5Years 23.09%
7Years 53.86%
10Years 11.41%
391 M OPERATING CASH FLOW
-14.13%
Growth Rates
1Year -14.13%
3Years 56.85%
5Years 64.75%
7Years 113.54%
10Years 58.92%
-516 M INVESTING CASH FLOW
19.55%
Growth Rates
1Year 19.55%
3Years -22.92%
5Years -68.72%
7Years -81.48%
10Years -26.75%
145 M FINANCING CASH FLOW
-19.02%
Growth Rates
1Year -19.02%
3Years 30.51%
5Years -1.72%
7Years 57.21%
10Years 13.12%
31.7 M REVENUE
11.63%
Growth Rates
1Year 10.60%
3Years -17.58%
5Years 4.67%
7Years 12.69%
10Years 37.25%
1.78 M OPERATING INCOME
-88.37%
Growth Rates
1Year 46.39%
3Years -4.21%
5Years 35.30%
7Years 14.85%
10Years 45.93%
9.78 M NET INCOME
759.81%
Growth Rates
1Year 114.23%
3Years -19.86%
5Years 23.09%
7Years 53.86%
10Years 11.41%
97.5 M OPERATING CASH FLOW
148.23%
Growth Rates
1Year -14.13%
3Years 56.85%
5Years 64.75%
7Years 113.54%
10Years 58.92%
-104 M INVESTING CASH FLOW
6.11%
Growth Rates
1Year 19.55%
3Years -22.92%
5Years -68.72%
7Years -81.48%
10Years -26.75%
20.3 M FINANCING CASH FLOW
-15.33%
Growth Rates
1Year -19.02%
3Years 30.51%
5Years -1.72%
7Years 57.21%
10Years 13.12%
Balance Sheet BayFirst Financial Corp.
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Current Assets 479 K
Cash & Short-Term Investments 479 K
Receivables 0
Other Current Assets 0
Non-Current Assets 1.21 B
Long-Term Investments 38.8 M
PP&E 49.1 M
Other Non-Current Assets 1.12 B
3.20 %4.05 %92.71 %Total Assets$1.2b
Current Liabilities 11.4 M
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 11.4 M
Non-Current Liabilities 1.17 B
Long-Term Debt 7.89 M
Other Non-Current Liabilities 1.16 B
98.36 %Total Liabilities$1.2b
EFFICIENCY
Earnings Waterfall BayFirst Financial Corp.
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Revenue 83.8 M
Cost Of Revenue 0
Gross Profit 83.8 M
Operating Expenses 55.2 M
Operating Income 28.6 M
Other Expenses 15.9 M
Net Income 12.7 M
90m90m80m80m70m70m60m60m50m50m40m40m30m30m20m20m10m10m0084m084m(55m)29m(16m)13mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
Averages
1Year 100.00%
3Years 100.00%
5Years 100.00%
7Years 100.00%
10Years 100.00%
34.08% OPERATING MARGIN
34.08%
Averages
1Year 34.08%
3Years 22.72%
5Years 20.52%
7Years 16.83%
10Years 22.86%
15.04% NET MARGIN
15.04%
Averages
1Year 15.04%
3Years 10.68%
5Years 11.75%
7Years 8.99%
10Years 12.76%
11.36% ROE
11.36%
Averages
1Year 11.36%
3Years 7.66%
5Years 13.29%
7Years 10.28%
10Years 13.93%
0.98% ROA
0.98%
Averages
1Year 0.98%
3Years 0.69%
5Years 1.12%
7Years 0.87%
10Years 1.32%
1.78% ROIC
1.78%
Averages
1Year 1.78%
3Years 1.88%
5Years 6.11%
7Years 4.89%
10Years 3.42%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis BayFirst Financial Corp.
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500m500m400m400m300m300m200m200m100m100m00(100m)(100m)(200m)(200m)19981998199919992000200020012001200220022003200320042004200520052006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 12.7 M
Depreciation & Amortization 8.72 M
Capital Expenditures -1.69 M
Stock-Based Compensation 419 K
Change in Working Capital 0
Others 373 M
Free Cash Flow 389 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets BayFirst Financial Corp.
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BAFN has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.48% DIVIDEND YIELD
0.08 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.350000000.350000000.300000000.300000000.250000000.250000000.200000000.200000000.150000000.150000000.100000000.100000000.050000000.050000000.000000000.000000000.080.060000030.06666670.06666670.06666670.080.080.080.080.080000040.060000030.06666670.06666670.070.080.080.080.080.06666670.06666670.06666670.070.080.080.080.080000040.310.06666670.250.06666670.270.06666670.270.070.290.080.320.080.320.080.240.16201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership BayFirst Financial Corp.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
4.98 K USD 1
0-3 MONTHS
1.97 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
13.4 K USD 4
9-12 MONTHS
7. News
BayFirst Incurs Loss in Q1 as Loan Sales Decline, Stock Down 6% BAFN incurs a first-quarter 2025 loss due to lower loan sale gains and elevated credit costs, while focusing on growing core deposits and conventional lending. zacks.com - 2 weeks ago
BayFirst Financial Corp. Reports First Quarter 2025 Results ST. PETERSBURG, Fla., April 24, 2025 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today reported a net loss of $0.3 million, or $0.17 per common share and diluted common share, for the first quarter of 2025, a decrease of 103.4% compared to $9.8 million, or $2.27 per common share or $2.11 per diluted common share, in the fourth quarter of 2024. globenewswire.com - 3 weeks ago
Zacks Initiates Coverage of BayFirst With Outperform Recommendation Find out why Zacks has given BayFirst an "Outperform" rating, being the first on Wall Street to initiate coverage on the stock. Explore how tech innovation, regional growth and strong earnings tailwinds position it as a standout in community banking. zacks.com - 1 month ago
BayFirst Announces First Quarter 2025 Conference Call and Webcast ST. PETERSBURG, Fla., March 31, 2025 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today announced that it will report its first quarter results after the market close on Thursday, April 24, 2025. Management will host a conference call on Friday, April 25, 2025, at 9:00 a.m. ET to discuss the results. The call will also be broadcast live via the internet. globenewswire.com - 1 month ago
BayFirst Financial Corp. Reports Fourth Quarter 2024 Results Earnings per common share increased to $2.11 for the quarter and $2.64 for the year; Net interest margin expanded by 26bps; Announced share buyback program Earnings per common share increased to $2.11 for the quarter and $2.64 for the year; Net interest margin expanded by 26bps; Announced share buyback program globenewswire.com - 3 months ago
BayFirst Announces Fourth Quarter 2024 Conference Call and Webcast ST. PETERSBURG, Fla., Dec. 31, 2024 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today announced that it will report its fourth quarter results after the market close on Thursday, January 30, 2025. Management will host a conference call on Friday, January 31, 2025, at 9:00 a.m. ET to discuss the results. The call will also be broadcast live via the internet. globenewswire.com - 4 months ago
BayFirst Financial Corp. Reports Third Quarter 2024 Results; Third Quarter Net Income Increased 31.3% Over Prior Quarter ST. PETERSBURG, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today reported net income of $1.1 million, or $0.18 per diluted common share, for the third quarter of 2024, an increase of 31.3% compared to $0.9 million, or $0.12 per diluted common share, in the second quarter of 2024. globenewswire.com - 6 months ago
BayFirst Financial Corp. Reports Second Quarter 2024 Results; Highlighted by Improved Operating Efficiencies and Lower Net Charge-Offs ST. PETERSBURG, Fla., July 25, 2024 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today reported net income of $0.9 million, or $0.12 per diluted common share, for the second quarter of 2024, an increase of 5.1% compared to $0.8 million, or $0.11 per diluted common share, in the first quarter of 2024. Net income increased due to higher net interest income and lower provision for credit losses and compensation expense, partially offset by lower gain on sale of government guaranteed loans resulting from a decrease in balance of loans sold. globenewswire.com - 9 months ago
BayFirst Announces Second Quarter 2024 Conference Call and Webcast ST. PETERSBURG, Fla., June 28, 2024 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today announced that it will report its second quarter results after the market close on Thursday, July 25, 2024. Management will host a conference call on Friday, July 26, 2024, at 9:00 a.m. ET to discuss the results. The call will also be broadcast live via the internet. globenewswire.com - 10 months ago
BayFirst Financial Corp. Reports First Quarter 2024 Results; Highlighted by Strong Loan and Deposit Growth with Higher Provision for Credit Losses ST. PETERSBURG, Fla., April 25, 2024 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today reported net income of $0.8 million, or $0.11 per diluted common share, for the first quarter of 2024, compared to $1.7 million, or $0.32 per diluted common share, in the fourth quarter of 2023. Net income decreased due to two primary factors: higher provision for credit losses of $1.4 million, coupled with weaker Core SBA 7(a) loan production ($350 thousand to $5 million loan size) attributed to the continued higher interest rate environment negatively impacting loan demand. globenewswire.com - 1 year ago
BayFirst Financial Corp. Announces First Quarter 2024 Conference Call and Webcast ST. PETERSBURG, Fla., March 28, 2024 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today announced that it will report its first quarter results after the market close on Thursday, April 25, 2024. Management will host a conference call on Friday, April 26, 2024, at 9:00 a.m. ET to discuss the results. The call will also be broadcast live via the internet. globenewswire.com - 1 year ago
BayFirst Financial Corp. Reports Fourth Quarter 2023 Results; Highlighted by Net Interest Margin Expansion and Strong SBA Loan Originations ST. PETERSBURG, Fla., Jan. 25, 2024 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today reported net income of $1.7 million, or $0.32 per diluted common share, for the fourth quarter of 2023 compared to $1.9 million, or $0.41 per diluted common share, in the third quarter of 2023. Net income from continuing operations was $1.7 million for the fourth quarter of 2023, compared to net income from continuing operations of $2.0 million in the third quarter of 2023 and $2.1 million in the fourth quarter of 2022. globenewswire.com - 1 year ago
8. Profile Summary

BayFirst Financial Corp. BAFN

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 68.1 M
Dividend Yield 0.48%
Description BayFirst Financial Corp. operates as the bank holding company for First Home Bank that provides commercial and consumer banking services for businesses and individuals. The company offers checking and savings accounts, and certificates of deposit. It also provides home loans, including residential mortgages, home equity loans, and home equity lines of credit; and business lending services comprising minority lending programs, PPP loan forgiveness services, SBA loans, and commercial lending services. In addition, the company offers treasury management, merchant, online, and investment services; and credit cards. As of January 26, 2022, it operated seven full-service office locations in St. Petersburg, Seminole, Pinellas Park, Clearwater, Sarasota, Tampa, and Belleair Bluffs, Florida; and 23 mortgage loan production offices. The company was formerly known as First Home Bancorp, Inc. and changed its name to BayFirst Financial Corp. in May 2021. BayFirst Financial Corp. was founded in 1999 and is headquartered in Saint Petersburg, Florida.
Contact 700 Central Avenue, Saint Petersburg, FL, 33701 https://www.firsthomebank.com
IPO Date Jan. 8, 2021
Employees 305
Officers Mr. Thomas G. Zernick Chief Executive Officer & Director Ms. Rhonda S. Tudor CPA Chief Accounting Officer Ms. Brandi Nicole Jaber Executive Vice President & Chief Production Officer Ms. Susan P. Khayat Executive Vice President & Chief Credit Officer Ms. Robin L. Oliver President & Chief Operating Officer Mr. Thomas G. Quale Executive Vice President, Market President & Chief Lending Officer Mr. Nickolas R. Smith Executive Vice President & Chief Human Resources Officer Mr. Scott J. McKim Executive Vice President & Chief Financial Officer