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Companies / Financials / BayFirst Financial Corp.
BAFN

BayFirst Financial Corp.

FinancialsBanks & Brokers
Ticker BAFNST PETERSBURG, FLFiscal year ends DecemberBook value per share $28.21Diluted shares 4.1M

BayFirst Financial Corp. (Nasdaq: BAFN) is a bank holding company operating through its wholly owned subsidiary, BayFirst National Bank, which provides banking services to consumers, small and medium-sized businesses, and professionals, primarily in Florida’s Tampa Bay and Sarasota region. The Bank offers checking,… From the company’s description.

Over the twelve months to Jun 30, 2026, BayFirst Financial Corp. reported revenue of $33.10M, down 66.1% from a year earlier, and a net loss of $61.59M. Its pre-tax margin was −250.5%. In fiscal 2025, it reported revenue of $63.05M, down 36.0% from fiscal 2024, and a net loss of $24.57M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$63.05MFY2025
−36.0% year over year
Last 12 mo $33.10M
-52.37%FY2025
−69.6 percentage points
Last 12 mo -250.52%
$-24.57MFY2025
−293.9% year over year
Last 12 mo $-61.59M
-18.90%FY2025
−30.3 percentage points
Last 12 mo -54.47%
Cash & financing
$288.83MFY2025
−26.0% year over year
Last 12 mo $148.53M
$288.53MFY2025
−25.8% year over year
Last 12 mo $148.39M
14.61FY2025
Was 10.38× a year earlier
Last 12 mo 8.59
4.1MFY2025
−10.0% year over year
Last 12 mo 4.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What BayFirst Financial Corp. does

In the company’s own words

BayFirst Financial Corp. (Nasdaq: BAFN) is a bank holding company operating through its wholly owned subsidiary, BayFirst National Bank, which provides banking services to consumers, small and medium-sized businesses, and professionals, primarily in Florida’s Tampa Bay and Sarasota region. The Bank offers checking, savings, money market and certificate-of-deposit accounts, online and cash-management services, and commercial, consumer and real-estate loans, including healthcare-focused financing and home mortgages. It also provides SBA 504 and USDA-guaranteed lending through its community banking centers. The company reports community banking as its operating business and serves customers through 12 banking centers. At December 31, 2025, BayFirst had $1.30 billion in consolidated assets and 145 employees. Its bank began operations in 1999, and the holding company acquired it in 2000; the Bank converted from a Florida state charter to a national banking association in 2022.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
ST PETERSBURG, FL
Fiscal year end
December
CIK
1649739
SIC
6022

Financial performance, year by year

Fiscal 2021–2025 · USD
$-83.53M$-17.71M$48.12M$113.94M$179.76M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns BayFirst Financial Corp. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

8
funds hold it
0 of 35
superinvestors hold it
$1.04M
held by funds, at market
0.7%
of shares held by funds

Largest fund holders · BayFirst Financial Corp.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.00%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do BayFirst Financial Corp. and its peers compare on margins and cash generation over ten years?”
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