Bayfirst Financial Corp Stock Price, News & Analysis

BayFirst Financial (NASDAQ: BAFN) will report Q4 2025 results after market close on January 29, 2026. Management will host a conference call on Friday, January 30, 2026 at 9:00 a.m. ET to discuss results, with a live internet broadcast.

Investors can listen under the Investor Relations tab at www.bayfirstfinancial.com. Investment professionals may dial (800) 549-8228 and use Conference ID 15602. A replay will be available for one year at www.bayfirstfinancial.com.

BayFirst Financial Corp (NASDAQ: BAFN) closed the sale of $94.6 million of loans to Banesco USA on December 15, 2025, following an announcement on September 29, 2025.

On a pro forma basis the Bank's total capital ratio improves to 10.1% and the tier 1 leverage ratio improves to 6.8%. BayFirst exited the SBA 7(a) lending business early in the fourth quarter and Banesco USA will assume servicing of the sold loans. The company expects an additional $4.5 million of loan balances to be sold to Banesco USA before year end. BayFirst was advised by Piper Sandler & Company and Igler & Pearlman, PA.

BayFirst Financial (NASDAQ: BAFN) reported a Q3 2025 net loss of $18.9M (‑$4.66 per share) driven by higher provision expense and $12.4M of one‑time charges, including a $7.3M restructuring charge tied to exiting the SBA 7(a) lending business. The company signed a definitive agreement to sell part of its SBA 7(a) portfolio to Banesco USA at 97% of retained loan balances (a reported net loss on that portion of $5.1M) and expects the sale to close in Q4 2025, contingent on federal approvals.

Key operating metrics: NIM 3.61% (down 45 bps QoQ), loans held for investment $998.7M (down $127.1M QoQ), deposits $1.17B (up 5.3% YoY), book value $17.90 per share, ACL/loans 2.61%, Tier 1 leverage 6.64%.

BayFirst Financial Corp. (NASDAQ: BAFN), the parent company of BayFirst National Bank, has scheduled its third quarter 2025 earnings conference call for October 31, 2025, at 9:00 a.m. ET. The company will release its financial results after market close on October 30, 2025.

The conference call will be accessible to investment professionals via phone using Conference ID 85147, and investors can listen to the live broadcast through the Investor Relations section of BayFirst's website. A replay of the call will remain available on the company's website for one year.

BayFirst Financial Corp. (NASDAQ: BAFN) has announced its strategic exit from the SBA 7(a) lending business, including a significant $103 million loan sale to Banesco USA. The transaction, expected to close in Q4 2025, involves selling the loans at 97% of retained balances, with Banesco USA assuming servicing rights for both purchased and remaining BayFirst-owned SBA loans.

The strategic move aligns with BayFirst's earlier announced comprehensive review aimed at derisking SBA 7(a) balances and enhancing shareholder value. Most of BayFirst's current SBA lending staff will be offered positions at Banesco USA. Moving forward, BayFirst will focus on its community banking mission, serving the Tampa Bay region with retail banking products and services.

BayFirst Financial Corp. (NASDAQ: BAFN) has announced the immediate discontinuation of its Bolt SBA 7(a) loan program as part of a strategic restructuring. The company is implementing significant changes including a 17% workforce reduction (51 positions) that will result in $6 million in annual cost savings.

Key measures include charge-offs and fair value write-downs on high-risk SBA 7(a) loans in Q2 2025, plans to sell the Bolt loan balances and origination platform, suspension of dividend payments, and directors foregoing board fees. The company will record a restructuring charge in Q3 2025.

BayFirst aims to refocus on its community banking activities across its twelve Tampa Bay centers while strengthening its core SBA 7(a) offerings.

BayFirst Financial Corp. (NASDAQ: BAFN) reported a net loss of $1.2 million, or $(0.39) per share, in Q2 2025, compared to a net loss of $0.3 million in Q1 2025. The company's net interest margin improved to 4.06%, up 29 basis points from the previous quarter.

Key highlights include loan growth of $41.0 million (3.8%) to $1.13 billion, deposit growth of $35.5 million (3.1%) to $1.16 billion, and government-guaranteed loan originations of $106.4 million. The company suspended common and preferred stock dividends and board fees amid a strategic review focused on derisking unguaranteed SBA 7(a) balances.

Asset quality metrics showed increased pressure with net charge-offs rising to $6.8 million and provision for credit losses increasing to $7.3 million. The Bank maintained strong capital ratios with a Tier 1 leverage ratio of 8.11%.

BayFirst Financial Corp. (NASDAQ: BAFN) has scheduled its second quarter 2025 earnings conference call and webcast. The company will release its Q2 2025 results after market close on Tuesday, July 29, 2025. Management will discuss these results during a conference call on Wednesday, July 30, 2025, at 9:00 a.m. ET.

Investment professionals can participate by dialing (800) 549-8228 with Conference ID 29222. The call will be broadcast live on the company's website under the Investor Relations tab, and a replay will be available for one year at www.bayfirstfinancial.com.

BayFirst Financial Corp. (NASDAQ: BAFN) reported a net loss of $0.3 million ($0.17 per share) in Q1 2025, down 103.4% from Q4 2024's $9.8 million profit. The decline was primarily due to challenging economic conditions and absence of Q4's $11.6 million gain from branch property sales.

Key financial metrics include:

• Net interest margin increased to 3.77%, up 17 basis points from Q4 2024
• Loans held for investment grew 1.7% to $1.08 billion
• Deposits decreased 1.3% to $1.13 billion
• Government guaranteed loan originations reached $106.3 million

The company announced a Q2 2025 cash dividend of $0.08 per share and implemented a $2.0 million share repurchase program. Asset quality metrics showed increased stress with nonperforming assets at 2.08% of total assets, up from 1.50% in Q4 2024.