BAFN - BayFirst Financial Corp. Stock Price, Fair Value and News

12.68USD+0.03 (+0.24%)Delayed as of 08 May 2024, 12:15 pm ET

Market Summary

USD12.68+0.03

Delayedas of 08 May 2024, 12:15 pm

0.24%

BAFN Stock Price

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BAFN RSI Chart

BAFN Valuation

Market Cap

52.3M

Price/Earnings (Trailing)

9.17

Price/Sales (Trailing)

0.76

EV/EBITDA

-0.13

Price/Free Cashflow

0.12

BAFN Price/Sales (Trailing)

BAFN Profitability

EBT Margin

11.73%

Return on Equity

5.66%

Return on Assets

0.51%

Free Cashflow Yield

854.98%

BAFN Fundamentals

BAFN Revenue

Revenue (TTM)

68.5M

Rev. Growth (Yr)

50.59%

Rev. Growth (Qtr)

BAFN Earnings

Earnings (TTM)

5.7M

Earnings Growth (Yr)

25.19%

Earnings Growth (Qtr)

-13.94%

Breaking Down BAFN Revenue

52 Week Range

12.68

(Low)(High)

Last 7 days

-1.7%

Last 30 days

-0.9%

Last 90 days

-3.4%

How does BAFN drawdown profile look like?

BAFN Financial Health

BAFN Investor Care

Dividend Yield

2.53%

Dividend/Share (TTM)

0.32

Shares Dilution (1Y)

0.88%

Diluted EPS (TTM)

1.12

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	45.8M	55.8M	62.2M	68.5M
2022	61.2M	30.7M	33.2M	38.6M
2021	95.1M	92.5M	89.9M	87.3M
2020	0	0	0	97.7M

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Tracking the Latest Insider Buys and Sells of BayFirst Financial Corp.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 02, 2024	oliver robin leigh	acquired	299	11.57	25.9202	president, coo
May 02, 2024	tudor rhonda s	acquired	299	11.57	25.9202	svp, chief accounting officer
May 02, 2024	zernick thomas gerard	acquired	1,499	11.57	129	ceo
Mar 15, 2024	zernick thomas gerard	acquired	514	13.00	39.5592	ceo
Mar 15, 2024	berset mark s	acquired	385	13.00	29.65	-
Mar 15, 2024	berset mark s	acquired	57.9995	13.00	4.4615	-
Mar 15, 2024	helal tarek	acquired	17.1496	13.00	1.3192	-
Mar 15, 2024	tudor rhonda s	acquired	17.5006	13.00	1.3462	svp, chief accounting officer
Mar 15, 2024	saravanos anthony	acquired	4,035	13.00	310	-
Mar 15, 2024	berset derek steven	acquired	4,805	13.00	369	-

Which funds bought or sold BAFN recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 03, 2024	Avantax Planning Partners, Inc.	unchanged	-	-5,331	726,663	0.02%
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
Apr 26, 2024	SALZHAUER MICHAEL	unchanged	-	-5,232	713,247	0.54%
Apr 23, 2024	GRAHAM CAPITAL WEALTH MANAGEMENT, LLC	new	-	587,985	587,985	1.00%
Mar 11, 2024	VANGUARD GROUP INC	reduced	-10.22	66,774	1,608,370	-%
Feb 14, 2024	KENNEDY CAPITAL MANAGEMENT LLC	added	0.05	50,470	360,707	0.01%
Feb 14, 2024	Creative Planning	sold off	-100	-174,751	-	-%
Feb 14, 2024	Royal Bank of Canada	added	168	1,000	2,000	-%
Feb 13, 2024	NORTHERN TRUST CORP	new	-	161,184	161,184	-%
Feb 13, 2024	FIRST MANHATTAN CO. LLC.	added	0.07	254,130	1,813,450	0.01%

Are Funds Buying or Selling BAFN?

Are funds buying BAFN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BAFN

No. of Funds

Recent SEC filings of BayFirst Financial Corp.

View All Filings

Date Filed	Form Type	Document
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
Apr 30, 2024	8-K	Current Report
Apr 25, 2024	8-K	Current Report
Apr 05, 2024	DEF 14A	DEF 14A
Mar 28, 2024	10-K	Annual Report
Mar 28, 2024	8-K	Current Report
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading

Peers (Alternatives to BayFirst Financial Corp.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	550.7B	174.7B	-2.88%	39.91%	10.94	3.15	53.11%	19.83%
BAC	296.0B	127.4B	1.99%	36.69%	11.83	2.15	56.12%	-12.56%
WFC	210.0B	85.8B	4.95%	56.96%	11.19	2.45	35.02%	26.14%
C	118.3B	125.0B	0.65%	33.74%	14.8	0.95	37.85%	-
CFG	16.2B	10.4B	4.71%	38.12%	11.31	1.55	26.22%	-33.87%
KEY	14.1B	8.1B	-0.80%	54.34%	16.12	1.73	32.15%	-50.93%
MID-CAP
CMA	7.1B	4.2B	1.12%	47.25%	10.15	1.66	34.68%	-45.96%
ZION	6.5B	3.9B	4.13%	80.63%	9.55	1.64	45.91%	-25.03%
ABCB	3.4B	1.3B	5.29%	67.41%	12.7	2.67	43.24%	-22.35%
ASB	3.3B	1.8B	5.37%	45.89%	20.77	1.64	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	399.1M	152.4M	-3.36%	49.04%	40.14	2.62	16.94%	-73.84%
AROW	389.7M	162.6M	0.47%	17.60%	12.96	2.4	25.39%	-38.37%
ACNB	273.7M	96.6M	-5.55%	16.05%	8.64	2.83	11.02%	-11.37%
ASRV	40.3M	60.9M	-4.84%	-16.90%	-12.04	0.66	24.06%	-144.92%

BayFirst Financial Corp. News

Latest updates

BayFirst Financial Corp. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)														(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3
Revenue	7.0%	18,854	17,620	17,792	14,251	12,520	11,284	7,759	7,003	7,162	8,805	38,212	33,159	32,676	32,192
EBITDA Margin	-9.4%	0.68*	0.75*	0.87*	0.95*	1.00*	0.75*	0.56*	0.67*	0.66*	0.56*	0.55*	0.53*	0.52*	-
Interest Expenses	5.8%	8,877	8,393	10,108	9,053	8,574	9,170	6,587	5,669	4,731	7,276	12,904	12,630	-	10,084
Income Taxes	4.5%	704	674	461	280	672	983	-68.00	-27.00	-2,106	-362	4,432	2,557	-	1,815
Earnings Before Taxes	-10.6%	2,365	2,644	1,878	1,147	2,785	4,066	324	-137	-6,768	-1,680	17,448	10,068	-	7,068
EBT Margin	-13.8%	0.12*	0.14*	0.18*	0.18*	0.18*	-0.08*	-0.27*	0.14*	0.22*	0.18*	0.17*	0.17*	0.16*	-
Net Income	-13.9%	1,655	1,923	1,385	739	1,322	-1,402	-282	13.00	2,811	1,280	13,016	7,511	-	5,253
Net Income Margin	-3.6%	0.08*	0.09*	0.04*	0.01*	-0.01*	0.03*	0.12*	0.28*	0.28*	0.14*	0.14*	0.13*	0.13*	-
Free Cashflow	-6.5%	125,869	134,604	124,408	62,334	153,685	127,669	46,938	103,895	361,314	30,417	88,963	1,579	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet														(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3
Assets	-1.4%	1,118	1,134	1,087	1,070	939	930	921	889	917	944	1,198	1,717	1,545	1,502
Cash Equivalents	-48.1%	58.00	113	104	132	66.00	36.00	68.00	122	110	107	105	61.00	55.00	34.00
Net PPE	-	39.00	-	-	-	35.00	-	31.00	31.00	30.00	25.00	-	-	18.00	-
Liabilities	-2.2%	1,017	1,040	996	980	847	840	828	794	821	849	-	-	1,474	-
Shareholder's Equity	6.9%	101	94.00	91.00	90.00	92.00	91.00	93.00	95.00	96.00	94.00	93.00	79.00	71.00	62.00
Retained Earnings	3.0%	34.00	33.00	32.00	31.00	33.00	33.00	35.00	35.00	36.00	34.00	-	-	13.00	-
Shares Outstanding	0.0%	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	-	-	3.00	-
Float	-	-	-	57.00	-	-	-	57.00	-	-	-	75.00	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)														(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3
Cashflow From Operations	-5.8%	127,252	135,064	127,274	65,207	156,814	129,828	47,892	105,717	366,474	34,558	92,175	2,181	-	-
Share Based Compensation	-23.6%	165	216	138	85.00	248	147	214	154	108	99.00	113	141	-	-
Cashflow From Investing	4.5%	-162,723	-170,455	-171,204	-136,894	-133,096	-169,254	-136,800	-71,455	-334,725	223,742	480,362	-161,762	-	-
Cashflow From Financing	-142.3%	-18,697	44,237	15,970	137,308	5,832	7,986	34,743	-21,888	-29,119	-256,540	-528,197	165,199	-	-
Dividend Payments	0%	328	328	329	328	321	324	321	321	278	274	270	234	-	-
Buy Backs	-100.0%	-	3.00	10.00	-	-	-	-	49.00	-	-	-	-	-	-

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BAFN Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Interest income:
Loans, including fees	$ 63,189	$ 36,492
Interest-bearing deposits in banks and other	5,328	2,074
Total interest income	68,517	38,566
Interest expense:
Deposits	30,795	7,844
Borrowings	1,291	722
Total interest expense	32,086	8,566
Net interest income	36,431	30,000
Provision for credit losses	10,445	(700)
Net interest income after provision for credit losses	25,986	30,700
Noninterest income:
Loan servicing income, net	2,826	2,040
Gain on sale of government guaranteed loans, net	24,553	21,720
Service charges and fees	1,721	1,306
Government guaranteed loans fair value gain	15,718	4,756
Other noninterest income	4,937	1,728
Total noninterest income	49,755	31,550
Noninterest expense:
Salaries and benefits	30,973	27,422
Bonus, commissions, and incentives	5,726	2,394
Occupancy and equipment	4,758	3,995
Data processing	5,611	4,828
Marketing and business development	3,336	2,660
Professional services	3,657	4,083
Loan origination and collection	7,425	3,711
Employee recruiting and development	2,177	2,230
Regulatory assessments	881	457
Other noninterest expense	3,163	3,432
Total noninterest expense	67,707	55,212
Income from continuing operations before income taxes	8,034	7,038
Income tax expense from continuing operations	2,119	1,560
Net income from continuing operations	5,915	5,478
Loss from discontinued operations before income taxes	(283)	(7,759)
Income tax benefit from discontinued operations	(70)	(1,932)
Net loss from discontinued operations	(213)	(5,827)
Net income (loss)	5,702	(349)
Preferred stock dividends	965	832
Net income available to (loss attributable to) common shareholders	$ 4,737	$ (1,181)
Basic earnings (loss) per common share:
Continuing operations (in dollars per share)	$ 1.21	$ 1.16
Discontinued operations (in dollars per share)	(0.05)	(1.45)
Total basic earnings (loss) per common share (in dollars per share)	1.16	(0.29)
Diluted earnings (loss) per common share:
Continuing operations (in dollars per share)	1.17	1.16
Discontinued operations (in dollars per share)	(0.05)	(1.38)
Total diluted earnings (loss) per common share (in dollars per share)	$ 1.12	$ (0.22)

BAFN Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 4,099	$ 3,649
Interest-bearing deposits in banks	54,286	62,397
Cash and cash equivalents	58,385	66,046
Time deposits in banks	4,646	4,881
Investment securities available for sale, at fair value (amortized cost: $43,597 and $47,374 at December 31, 2023 and December 31, 2022, respectively)	39,575	42,349
Investment securities held to maturity, at amortized cost, net of allowance for credit losses of $17 and $0 (fair value: $2,263 and $4,755 at December 31, 2023 and December 31, 2022, respectively)	2,484	5,002
Nonmarketable equity securities	4,770	4,037
Government guaranteed loans HFI, at fair value	91,508	27,078
Loans HFI, at amortized cost, net of allowance for credit losses of $13,497 and $9,046 at December 31, 2023 and December 31, 2022, respectively	810,721	692,528
Accrued interest receivable	7,130	4,452
Premises and equipment, net	38,874	35,440
Loan servicing rights	14,959	10,906
Deferred income tax asset	0	980
Right-of-use operating lease assets	2,416	3,177
Bank owned life insurance	25,800	25,159
Other assets	16,150	15,649
Assets from discontinued operations	348	1,211
Total assets	1,117,766	938,895
Liabilities:
Noninterest-bearing deposits	93,708	93,235
Interest-bearing transaction accounts	259,422	202,656
Savings and money market deposits	373,000	363,053
Time deposits	259,008	136,126
Total deposits	985,138	795,070
FRB and FHLB borrowings	10,000	25,000
Subordinated debentures	5,949	5,992
Notes payable	2,389	2,844
Accrued interest payable	882	704
Operating lease liabilities	2,619	3,538
Deferred income tax liabilities	482	0
Accrued expenses and other liabilities	8,980	12,205
Liabilities from discontinued operations	620	1,658
Total liabilities	1,017,059	847,011
Shareholders’ equity:
Common stock and additional paid-in capital; no par value, 15,000,000 shares authorized, 4,110,470 and 4,042,474 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	54,521	53,023
Accumulated other comprehensive loss, net	(2,981)	(3,724)
Unearned compensation	(958)	(178)
Retained earnings	34,395	33,479
Total shareholders’ equity	100,707	91,884
Total liabilities and shareholders’ equity	1,117,766	938,895
Preferred Stock, Series A
Shareholders’ equity:
Preferred stock	6,161	6,161
Preferred Stock, Series B
Shareholders’ equity:
Preferred stock	3,123	3,123
Preferred Stock, Series C
Shareholders’ equity:
Preferred stock	$ 6,446	$ 0

About BayFirst Financial Corp.

BayFirst Financial Corp. operates as the bank holding company for BayFirst National Bank that provides community banking services for businesses and individuals. The company offers checking, savings, NOW, and money market deposit accounts, as well as certificates of deposit and individual retirement account; and safety deposit boxes. It also provides commercial real estate mortgages; construction and development, working capital, and business loans; auto, boat, and recreational vehicle loans; and personal lines of credit, and home equity lines of credit. In addition, the company offers mobile and online banking, treasury management, cash management, merchant processing, remote deposit capture, night depositor, online bill payment, courier, retail investment, and other services. It operates full-service office locations in St. Petersburg, Seminole, Pinellas Park, Clearwater, Sarasota, Tampa, and Belleair Bluffs, Florida. 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.

CEO	Mr. Anthony Nicholas Leo J.D.
WEBSITE	bayfirstfinancial.com
INDUSTRY	Banks Diversified
EMPLOYEES	302

BayFirst Financial Corp. Frequently Asked Questions

What is the ticker symbol for BayFirst Financial Corp.? What does BAFN stand for in stocks?

BAFN is the stock ticker symbol of BayFirst Financial Corp.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of BayFirst Financial Corp. (BAFN)?

As of Tue May 07 2024, market cap of BayFirst Financial Corp. is 52.31 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BAFN stock?

You can check BAFN's fair value in chart for subscribers.

What is the fair value of BAFN stock?

You can check BAFN's fair value in chart for subscribers. The fair value of BayFirst Financial Corp. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of BayFirst Financial Corp. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BAFN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is BayFirst Financial Corp. a good stock to buy?

The fair value guage provides a quick view whether BAFN is over valued or under valued. Whether BayFirst Financial Corp. is cheap or expensive depends on the assumptions which impact BayFirst Financial Corp.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BAFN.

What is BayFirst Financial Corp.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, BAFN's PE ratio (Price to Earnings) is 9.17 and Price to Sales (PS) ratio is 0.76. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BAFN PE ratio will change depending on the future growth rate expectations of investors.