Bayfirst Financial Corp Financials

BAFN

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Key Financial Metrics

Revenue

N/A

EBITDA

N/A

Free Cash Flow

$388.8M

YoY-13.1%

Bayfirst Financial Corp generated $388.8M in free cash flow in fiscal year 2024, representing cash available after capital expenditures. This represents a decrease of 13.1% from the prior year.

Net Income

$12.6M

YoY+121.0%

Bayfirst Financial Corp reported $12.6M in net income in fiscal year 2024. This represents an increase of 121.0% from the prior year.

EPS (Diluted)

$2.62

YoY+133.9%

Bayfirst Financial Corp earned $2.62 per diluted share in fiscal year 2024. This represents an increase of 133.9% from the prior year.

Cash & Debt

$77.8M

YoY+33.2%

Bayfirst Financial Corp held $77.8M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$0.32

YoY+0.0%

Bayfirst Financial Corp paid $0.32 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Shares Outstanding

YoY+0.5%

Bayfirst Financial Corp had 4M shares outstanding in fiscal year 2024. This represents an increase of 0.5% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

11.4%

YoY+5.7pp

Bayfirst Financial Corp's return on equity was 11.4% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 5.7 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

YoY-100.0%

Bayfirst Financial Corp spent $0 on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.

Capital Expenditures

$1.7M

YoY-77.7%

Bayfirst Financial Corp invested $1.7M in capital expenditures in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 77.7% from the prior year.

BAFN Income Statement

Metric	FY24	FY24	FY23	FY22	FY21
Revenue	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A
Interest Expense	$44.8M+39.6%	$32.1M+274.6%	$8.6M+17.3%	$7.3M-29.0%	$10.3M
Income Tax	$4.3M+103.6%	$2.1M+35.8%	$1.6M-42.0%	$2.7M-12.5%	$3.1M
Net Income	$12.6M+121.0%	$5.7M+1733.8%	-$349K-101.4%	$24.6M+93.8%	$12.7M
EPS (Diluted)	$2.62+133.9%	$1.12+609.1%	$-0.22-103.7%	$5.91+96.3%	$3.01

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$10.4M+2.1%	$10.2M+4.9%	$9.7M	N/A	$12.0M+6.7%	$11.2M+7.7%	$10.4M	N/A
Income Tax	-$7.0M-1597.6%	-$412K-221.9%	-$128K	N/A	$398K+14.0%	$349K+17.9%	$296K	N/A
Net Income	-$18.9M-1428.1%	-$1.2M-269.3%	-$335K	N/A	$1.1M+31.3%	$866K+5.1%	$824K	N/A
EPS (Diluted)	$-4.66-1094.9%	$-0.39-129.4%	$-0.17	N/A	$0.18+50.0%	$0.12+9.1%	$0.11	N/A

BAFN Balance Sheet

Metric	FY24	FY24	FY23	FY22	FY21
Total Assets	$1.3B+15.3%	$1.1B+19.1%	$938.9M+2.4%	$917.1M-40.6%	$1.5B
Current Assets	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$77.8M+33.2%	$58.4M-11.6%	$66.0M-39.8%	$109.7M+98.1%	$55.4M
Inventory	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.2B+15.8%	$1.0B+20.1%	$847.0M+3.2%	$820.8M-44.3%	$1.5B
Current Liabilities	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A
Total Equity	$110.9M+10.1%	$100.7M+9.6%	$91.9M-4.6%	$96.3M+35.5%	$71.1M
Retained Earnings	$44.1M+28.3%	$34.4M+2.7%	$33.5M-6.9%	$35.9M+168.5%	$13.4M

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$1.3B+0.2%	$1.3B+4.0%	$1.3B+0.3%	$1.3B+3.5%	$1.2B+2.2%	$1.2B+6.4%	$1.1B+2.4%	$1.1B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$118.5M+53.4%	$77.3M+22.4%	$63.2M-18.8%	$77.8M+20.8%	$64.4M+5.9%	$60.8M+5.7%	$57.5M-1.5%	$58.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.3B+1.7%	$1.2B+4.5%	$1.2B+0.4%	$1.2B+3.0%	$1.1B+2.3%	$1.1B+7.0%	$1.0B+2.6%	$1.0B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$89.7M-17.1%	$108.2M-1.7%	$110.1M-0.8%	$110.9M+8.4%	$102.3M+1.3%	$101.0M+0.3%	$100.6M-0.1%	$100.7M
Retained Earnings	$21.8M-46.9%	$41.1M-4.5%	$43.1M-2.4%	$44.1M+25.8%	$35.1M+1.2%	$34.7M+0.4%	$34.5M+0.3%	$34.4M

BAFN Cash Flow Statement

Metric	FY24	FY24	FY23	FY22	FY21
Operating Cash Flow	$390.5M-14.1%	$454.8M+3.3%	$440.3M-11.1%	$495.4M+559.4%	-$107.8M
Capital Expenditures	$1.7M-77.7%	$7.6M-6.0%	$8.1M-38.5%	$13.1M+330.4%	$3.0M
Free Cash Flow	$388.8M-13.1%	$447.2M+3.5%	$432.2M-10.4%	$482.3M+535.0%	-$110.9M
Investing Cash Flow	-$515.9M+19.5%	-$641.3M-25.6%	-$510.6M-345.9%	$207.6M+122.2%	-$933.4M
Financing Cash Flow	$144.8M-19.0%	$178.8M+570.4%	$26.7M+104.1%	-$648.7M-165.8%	$986.0M
Dividends Paid	$1.3M+0.8%	$1.3M+2.0%	$1.3M+21.9%	$1.1M+15.4%	$915K
Share Buybacks	$0-100.0%	$13K-73.5%	$49K	$0	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	N/A	N/A	$74.2M	N/A	N/A	N/A	$123.5M	N/A
Capital Expenditures	N/A	N/A	$73K	N/A	N/A	N/A	$1.0M	N/A
Free Cash Flow	N/A	N/A	$74.1M	N/A	N/A	N/A	$122.5M	N/A
Investing Cash Flow	N/A	N/A	-$92.7M	N/A	N/A	N/A	-$150.7M	N/A
Financing Cash Flow	N/A	N/A	$3.9M	N/A	N/A	N/A	$26.3M	N/A
Dividends Paid	N/A	N/A	$332K	N/A	N/A	N/A	$331K	N/A
Share Buybacks	N/A	N/A	$335K	N/A	N/A	N/A	$0	N/A

BAFN Financial Ratios

Metric	FY24	FY24	FY23	FY22	FY21
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A
Return on Equity	11.4%+5.7pp	5.7%	N/A	25.6%+7.7pp	17.9%
Return on Assets	1.0%+0.5pp	0.5%+0.6pp	-0.0%-2.7pp	2.7%+1.9pp	0.8%
Current Ratio	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	10.61+0.5	10.10+0.9	9.22+0.7	8.52-12.2	20.74
FCF Margin	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	1.1%+0.3pp	0.9%+0.0pp	0.8%	N/A
Return on Assets	-1.4%-1.3pp	-0.1%-0.1pp	-0.0%	N/A	0.1%+0.0pp	0.1%0.0pp	0.1%	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	14.00+2.6	11.42+0.7	10.74+0.1	10.61-0.6	11.17+0.1	11.06+0.7	10.37+0.3	10.10
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

Is Bayfirst Financial Corp profitable?

Yes, Bayfirst Financial Corp (BAFN) reported a net income of $12.6M in fiscal year 2024.

What is Bayfirst Financial Corp's earnings per share (EPS)?

Bayfirst Financial Corp (BAFN) reported diluted earnings per share of $2.62 for fiscal year 2024.

Does Bayfirst Financial Corp pay dividends?

Yes, Bayfirst Financial Corp (BAFN) paid $0.32 per share in dividends during fiscal year 2024.

What is Bayfirst Financial Corp's return on equity (ROE)?

Bayfirst Financial Corp (BAFN) has a return on equity of 11.4% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Bayfirst Financial Corp's free cash flow?

Bayfirst Financial Corp (BAFN) generated $388.8M in free cash flow during fiscal year 2024, representing cash available after capital expenditures.

What is Bayfirst Financial Corp's operating cash flow?

Bayfirst Financial Corp (BAFN) generated $390.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Bayfirst Financial Corp's total assets?

Bayfirst Financial Corp (BAFN) had $1.3B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Bayfirst Financial Corp's capital expenditures?

Bayfirst Financial Corp (BAFN) invested $1.7M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does Bayfirst Financial Corp have outstanding?

Bayfirst Financial Corp (BAFN) had 4M shares outstanding as of fiscal year 2024.

What is Bayfirst Financial Corp's debt-to-equity ratio?

Bayfirst Financial Corp (BAFN) had a debt-to-equity ratio of 10.61 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Bayfirst Financial Corp's return on assets (ROA)?

Bayfirst Financial Corp (BAFN) had a return on assets of 1.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.